Press release
Biodegradable Food Packaging Market Latest Advancements and Global Outlook 2023-2029
The global biodegradable food packaging market is anticipated to accumulate a market value of US$ 216.35 billion in 2023 and is expected to garner a valuation of US$ 355 billion by exhibiting a CAGR of 5.08% in the forecast period 2023 to 2029. The biodegradable food packaging market reflected a 4% CAGR in the historical period 2018 to 2022.The Global "Biodegradable Food Packaging" Report provides a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The market analysis is provided for the international markets including trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import, export consumption, supply and demand Figures, cost, price, revenue, and gross margins.
Top Companies: BASF SE., International Paper Company, Mondi Plc., Be Green Packaging LLC., Stora Enso, BioPak Pty Ltd., Delta Packaging Ltd., SimBio USA, Inc., Nature Works LLC.
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Industry News:
May 2022: Amcor Rigid Packaging (ARP) announced the creation and launch of PowerPostTM. PowerPost technology produces nearly one-third lighter bottles with 30% less energy and 30% less carbon than most 20 oz. bottles by actively dislodging the vacuum in the container after filling.
January 2022: Amcor PLC launched AmFiberTM, a new platform for paper-based packaging products. AmFiber's innovations aim to redefine the functionality of traditional paper packaging, offering a wider range of functional benefits to meet the changing needs of consumers. AmFiber's product is an innovative solution tailored to provide snacks and confectionery products to European customers with recyclable packaging that provides a high barrier to oxygen and moisture.
January 2022: TIPA Corp., an Israeli-based company, nabbed a USD 70 million investment for developing compostable packaging solutions. According to the company, its eco-friendly films and laminates mimic the properties and functions of traditional plastic materials, including durability, barrier properties, and shelf stability.
The market is divided into types are
Plastic
Paper
Aluminum
Steel
Others
The market is divided into application are
Dairy & Beverages
Fruits
Vegetables
Meat & Related Products
Others
Regions covered By Biodegradable Food Packaging Market Report 2023 are
North America (The United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, and Other).
The report provides insights on the following pointers:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Biodegradable Food Packaging Market Competitor Landscape by Players
Chapter 4 Biodegradable Food Packaging Market Size by Type and Application
Chapter 5 Global and Regional Analysis
Chapter 6 Company Profiles, recent developments, and investments
Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis
Chapter 8 Value Chain and Sales Channels Analysis with breakthrough product developments
Chapter 9 Research Findings and Conclusion
Chapter 10 Methodology/Research Approach
Browse the report description:
https://www.marketinsightsreports.com/reports/050212418369/global-biodegradable-food-packaging-market-growth-2023-2029?mode=70
Significant Features that are under Offering and Key Highlights of the Reports:
- Detailed overview of Biodegradable Food Packaging Market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application etc
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Biodegradable Food Packaging Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth.
Free customization of the report: This report can be further customized according to the client's specific requirements. No additional charges will be added for limited additional research.
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Contact Us:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
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