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Global Market Study on Bioplastics Packaging for Food and Beverages: Beverages Packaging to Witness Highest Growth by 2020

  • October 2014
  • -
  • Persistence Market Research
  • -
  • 77 pages

Summary

Table of Contents

Over the past few decades, a surge in the use of plastics due to increase in consumer demand for safety and convenience in packaged food and beverages has been observed. When it comes to food and beverages packaging, terms such as ’green’, ’organic’, ‘fair trade’, and ’locally sourced’ have been drawing the attention of consumers in the recent years. With climatic changes taking place, health awareness, and environmental issues are growing. Furthermore, media coverage has made consumers more aware about the factors that are guiding their purchasing decisions, which has been driving the growth in the bioplastics packaging market.

Bioplastics packaging covers an array of industries, including organic foods, fruits and vegetables, beverages, bread and bakery products, and catering, which require disposable utensils (cups, mugs, trays, plates, and cutlery).

Bioplastics have been gaining attention of policymakers in the packaging domain in recent years as it is being sourced from renewable resources and carry implications for sustainable development. Governments in several countries are against the compost of non-biodegradable conventional plastics for land filling and have been formulating several laws and policies that limit their use. Excessive use of conventional plastics has led to an increase in carbon dioxide emission, toxic landfills, and polluted water, which is affecting public health and soil fertility. As a result, policymakers have been encouraging production and use of bioplastics. The U.S. government introduced the Title IX, the energy title of the 2008 farm bill (P.L. 110-240), which encourages federal agencies to buy bioplastics items including bioplastics packaging products.

The increasing demand for bioplastics packaging for food and beverages is the result of certain advantages that bioplastics have over conventional plastics such as glossy and attractive appearance, antistatic behavior, printability, barrier effect, and enhanced shelf life of fresh products. Ongoing technology advancements for improvement of physical properties of bioplastics is another major driver of the bioplastics packaging market for food and beverages industry.

The impact of increasing crude oil prices and declining oil resources is also expected to increase in the longer run, thus encouraging the growth of bioplastics packaging market. The large economies of the world have been heavily investing to reform their energy infrastructure and thus, this factor is expected to have high impact as a growth driver in the long term for global bioplastics packaging market for food and beverages industry.

The introduction of nanotechnology-based bioplastics for food and beverages packaging has opened many new application in food and beverages packaging for bioplastics over the years. Nano-enabled packaging ensures food product safety, environmental safety, and improved performance characteristics such as barrier properties particularly in PLA and starch based bioplastics which makes them suitable for many moisture content foods packaging application.

Complex separation of bioplastics from the disposal site based on their resin type makes the recycling process tough, which is one of the restraints for the growth of this bioplastics packaging market for food and beverages. The market of bioplastics packaging in food and beverages industry is consolidated with fewer companies accounting for larger portion of the market. Some favorable legislative reforms and new product development holds large opportunities for the bioplastics packaging market.

Key points covered in the report

The report provides historic, present and forecasted market size, analysis, trend, share, and growth

The report segments the market on the basis of product, application and geography

The report covers geographic segmentation
North America
Europe
Asia Pacific
Rest of the World (RoW)

The report provides company profiles of some of the leading companies operating in the market

The report also provides porters five forces analysis of the market

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ref:plp2014

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