Latest Headlines

Global market for biodegradable plastic expected to soar

A study released by Transparency Market Research (www.transparencymarketresearch.com) predicts that the market for these materials will be worth nearly $7.8 billion by 2018, almost quadrupling from its current value of $2.3 billion.

Biodegradable plastics covers both synthetic (petroleum derived) and renewable (bio-based) materials, but the growth will be in the latter as it is considered a more sustainable option.

Although the synthetic plastics market is growing at a steady pace, it lags behind bio-based alternatives and is experiencing a decreasing market share.

The bio-based market is segmented on the basis of its types as starch based plastics, polylactic acid (PLA) and polyhydroxyalkanoates (PHA). This sector alone is expected to reach a value of $7 billion over the next six years.

Major brands such as Coca-Cola are now looking to exploit greater use of plant-based materials for use in packaging - the drink company announced last year it was entering into partnerships with biotech companies to develop commercial solutions for its next-generation of PlantBottle.

Other factors underpinning the growth of such materials are cheap feedstock supply and consumer acceptance. Globally, the main end-markets for biodegradable plastics are in packaging, agriculture and transportation.

Did you enjoy this article? Click here to subscribe to Food and Beverage Packaging

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

Rochester Mills Production Brewery tour- January 2015

Take a look inside the Rochester Mills Production Brewery in Auburn Hills, MI. The facility brews and cans five beer varieties from the Rochester Mills Beer Company. There the beer is made and packaged in 16-ounce cans, bound together in 4-packs and palletized for distribution. We went on a tour of the facility and got an in depth look at the total process.

Posted: January 30, 2015

Food and Beverage Packaging

Food and Beverage Packaging April 2015 Cover

2015 April

Check out the April 2015 issue of Food & Beverage Packaging, featuring our 2015 packages of the year, a look at beverage multipacks, and much more!

Table Of Contents Subscribe

Coffee Segments

Which coffee segment will be impacted the most by coffee bean price increases?
View Results Poll Archive

The Food and Beverage Packaging Store

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\FBP\modified-atmosphere.gif
Modified Atmosphere and Active Packaging Technologies

Many factors are relevant in making the proper choice of food packaging material, including those related to shelf life and biodegradability.

More Products

The Packaging Guide

The Packaging Guide 2015 Cover

Food and Beverage Packaging's Packaging Guide Directory provides a list of suppliers of food and beveraeg packaging solutions. Visit the brand new online directory at www.thepackaginguide.com.

STAY CONNECTED

 Facebook iconTwitter iconYoutube icon LinkedIn icong+icon

Clear Seas Research

CS-OflRGBhomepage.jpgWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.