Bioplastics Packaging Market for Food and Beverages - Global Market Study on Bioplastics Packaging: Beverages Packaging to Witness Highest Growth by 2020
Persistence Market Research
Bioplastics Packaging Market for Food and Beverages is Expected to reach USD 28,503.6 million by 2020: Persistence Market Research
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Bioplastics Packaging Market for Food and Beverages - Global Market Study on Bioplastics Packaging: Beverages Packaging to Witness Highest Growth by 2020
Persistence Market Research Released New Market Report “Global Market Study on Bioplastics Packaging for Food and Beverages: Beverages Packaging to Witness Highest Growth by 2020,” the global bioplastics packaging market for food and beverages was valued at USD 3,191.3 million in 2013 and is expected to grow at a CAGR of 36.8% from 2014 to 2020, to reach an estimated value of USD 28,503.6 million in 2020.
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.
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.
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
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Bioplastics Packaging Market for Food and Beverages - Global Market Study on Bioplastics Packaging: Beverages Packaging to Witness Highest Growth by 2020 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 market. 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.
Browse the full Global Market Study on Bioplastics Packaging for Food and Beverages: Beverages Packaging
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2020
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The biosensors market is segmented as follows:
Bioplastics packaging market for food and beverages is segmented as follows:
Bioplastics Packaging Market for food and Beverages, By Product •
BIO-PET
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PLA & PLA Blend
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Starch Blend
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Other Biodegradable
Bioplastics Packaging Market for Food and Beverages, By Application •
Food packaging
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Beverages Packaging
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at
Bioplastics Packaging Market for Food and Beverages - Global Market Study on Bioplastics Packaging: Beverages Packaging to Witness Highest Growth by 2020
•
Catering
Bioplastics Packaging Market for Food and Beverages, By Region •
North America
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Europe
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Asia Pacific
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Rest of the World (RoW)
Market History: 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. 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. 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
Persistence Market Research
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Bioplastics Packaging Market for Food and Beverages - Global Market Study on Bioplastics Packaging: Beverages Packaging to Witness Highest Growth by 2020 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 market. 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.
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Bioplastics Packaging Market for Food and Beverages - Global Market Study on Bioplastics Packaging: Beverages Packaging to Witness Highest Growth by 2020
Table of Content Chapter 1 Preface 9 1.1 Report Description 9 1.2 Scope and Definition 9
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Bioplastics Packaging Market for Food and Beverages - Global Market Study on Bioplastics Packaging: Beverages Packaging to Witness Highest Growth by 2020 1.2.1 Segments covered in the report 9 1.2.2 Regions covered in the report 9 1.3 Research Methodology 9 Chapter 2 Market Synopsis 11 Chapter 3 Porter’s Five Forces Analysis 13 3.1 Bargaining Power of Suppliers 13 3.2 Bargaining Power of Buyers 14 3.3 Threat of New Entrants 14 3.4 Threat from Substitutes 14 3.5 Rivalry Among Competitors 15 Chapter 4 Industry Overview 16 4.1 Introduction 16 4.2 Market Drivers 16 4.2.1 Restriction of governments against the use of conventional plastics is boosting the growth of bioplastics 16 4.2.2 Increasing global shift towards production of non-petroleum-based plastics is making bioplastics the most viable option for packaging 18 4.2.3 Increased consumer interest in green products, healthier lifestyles, and restoration of environment are boosting the bioplastics packaging market 19 4.2.4 Impact analysis of market drivers 20 4.3 Market Restraints 20 4.3.1 Bioplastics are not easily recyclable, leading to high production cost 20 4.3.2 Premium pricing of bioplastics packaged products are limiting its widespread use 21 4.3.3 Impact analysis of market restraints 21 4.4 Opportunities 22 4.4.1 Introduction of nanotechnology-based bioplastics is expected to gain market due to its enhanced quality and low price 22
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Bioplastics Packaging Market for Food and Beverages - Global Market Study on Bioplastics Packaging: Beverages Packaging to Witness Highest Growth by 2020 Chapter 5 Market Size and Forecast by Application 23 5.1 Food 25 5.2 Beverages 26 5.3 Catering 26 Chapter 6 Market Size and Forecast by Product 28 6.1 Bio-PET 30 6.2 PLA and PLA Blends 30 6.3 Starch Blends 31 Chapter 7 Market Size and Forecast by Region 33 7.1 North America 34 7.1.1 The U.S. 37 7.1.2 Canada 37 7.2 Europe 38 7.2.1 Germany 41 7.2.2 The U.K. 42 7.2.3 France 43 7.3 Asia Pacific 43 7.3.1 China 46 7.3.2 Japan 47 7.3.3 Rest of Asia Pacific 48 7.4 Rest of the World (RoW) 48 Chapter 8 Competitive Scenario 52 Chapter 9 Company Profiles 54 9.1 BASF SE (Badische Anilin- und Soda-Fabrik) 54 9.1.1 Company Overview 54 9.1.2 Products and Services 54 9.1.3 Financial Performance 55
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Bioplastics Packaging Market for Food and Beverages - Global Market Study on Bioplastics Packaging: Beverages Packaging to Witness Highest Growth by 2020 9.1.4 Recent Developments 55 9.2 Braskem S.A. 57 9.2.1 Company Overview 57 9.2.2 Products and Services 57 9.2.3 Financial Performance 57 9.2.4 Recent Developments 58 9.3 Koninklijke DSM N.V. 59 9.3.1 Company Overview 59 9.3.2 Products and Services 59 9.3.3 Financial Performance 60 9.3.4 Recent Developments 61 9.4 Arkema S.A. 62 9.4.1 Company Overview 62 9.4.2 Products and Services 62 9.4.3 Financial Performance 63 9.4.4 Recent Developments 63 9.5 Innovia Films, Ltd. 64 9.5.1 Company Overview 64 9.5.2 Product and Services 64 9.5.3 Financial Performance 65 9.5.4 Recent Developments 65 9.6 Metabolix, Inc. 67 9.6.1 Company Overview 67 9.6.2 Products and Services 67 9.6.3 Financial Performance 68 9.6.4 Recent Developments 69 9.7 NatureWorks, LLC 70 9.7.1 Company Overview 70 9.7.2 Products & Services 70 9.7.3 Financial Performance 71 9.7.4 Recent Developments 71
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Bioplastics Packaging Market for Food and Beverages - Global Market Study on Bioplastics Packaging: Beverages Packaging to Witness Highest Growth by 2020 9.8 Novamont S.p.A. 72 9.8.1 Company Overview 72 9.8.2 Products and Services 72 9.8.3 Financial Performance 72 9.8.4 Recent Developments 73 9.9 The Dow Chemical Company 74 9.9.1 Company Overview 74 9.9.2 Products and Segments 74 9.9.3 Financial Performance 76 9.9.4 Recent Developments 76 About Us: Persistence Market Research is a global market research firm specializing- syndicated research, custom research, and consulting services
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