Biodegradable products are naturally split by biological agents such as fungi and bacteria into raw materials. These are generally those products that can be rotten by microbes and other biological processes which are natural. Biodegradable goods include those that comprises of paper, food waste, fabric and wood. Biodegradable packaging is generally defined as a means of giving a naturally degradable protection utilized majorly for information, identification, presentation, and convenience for products from production to utilization. The biodegradable food packaging is different from non-biodegradable packaging as former degrades completely and quickly when decomposed without any poisonous emission. The sector of biodegradable packaging is a small segment and is at nascent stage when compared to overall packaging industry of the globe. However, recent advancement and change in techniques has upliftment the global biodegradable food packaging market. Moreover, increasing consumer awareness related to utilization of biodegradable food based products is anticipated to intensify the growth of the biodegradable food packaging market till 2029.
Change in lifestyle along with increased consumption of packaged food products is expected to drive the growth of global biodegradable food packaging market over the forecast period. Besides this, rising emphasis on sustainable packaging by retail conglomerates and rising adoption of plastic bags all over the world is expected to bolster the growth of global biodegradable food packaging market growth between 2021 and 2029. Rising robust environmental concerns all over the world due to increase in pollution along with higher consumer preferences for biodegradable material based products is anticipated to foster the growth of biodegradable food packaging market over the forecast period
Biodegradable food packaging market has been estimated to be valued at US$ 5,275.2 Mn by the end of 2021 and is expected to attain revenue of US$ 11,717.6 Mn by 2029, expanding at a CAGR of 11.0% during the forecast period 2021-2029.
The purpose of this strategic research study titled “Global Biodegradable Food Packaging Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2021 - 2029” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global biodegradable food packaging market.
The report titled “Global Biodegradable Food Packaging Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2021 - 2029” offers strategic insights into the global biodegradable food packaging market along with the market size and estimates for the duration 2018 to 2029. The said research study covers in-depth analysis of multiple market segments based on material type and application and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading biodegradable food packaging vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:
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Change in lifestyle along with increased consumption of packaged food products is expected to drive the growth of global biodegradable food packaging market over the forecast period. Besides this, rising emphasis on sustainable packaging by retail conglomerates and rising adoption of plastic bags all over the world is expected to bolster the growth of global biodegradable food packaging market growth between 2021 and 2029. Rising robust environmental concerns all over the world due to increase in pollution along with higher consumer preferences for biodegradable material based products is anticipated to foster the growth of biodegradable food packaging market over the forecast period
Biodegradable food packaging market has been estimated to be valued at US$ 5,275.2 Mn by the end of 2021 and is expected to attain revenue of US$ 11,717.6 Mn by 2029, expanding at a CAGR of 11.0% during the forecast period 2021-2029.
Purpose of the Report
The purpose of this strategic research study titled “Global Biodegradable Food Packaging Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2021 - 2029” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global biodegradable food packaging market.
Target Audience
- Industry Investors
- Research Professionals
- Emerging Companies
- Raw Material Suppliers/ Buyers
- Product Suppliers/ Buyers
- Research Institutes
USP and Key Offerings
The report titled “Global Biodegradable Food Packaging Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2021 - 2029” offers strategic insights into the global biodegradable food packaging market along with the market size and estimates for the duration 2018 to 2029. The said research study covers in-depth analysis of multiple market segments based on material type and application and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading biodegradable food packaging vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:
- Current and future market trends to justify the forthcoming attractive markets within biodegradable food packaging industry
- Market fuelers, market impediments, and their impact on the market growth
- In-depth competitive environment analysis
- Trailing 3-Year market size data (2018 - 2020)
- SRC (Segment-Region-Country) Analysis
On the basis of application, the biodegradable food packaging market is categorized into following types:
- Dairy & Beverages
- Fruits
- Vegetables
- Meat & Related Products
- Others
On the basis of geography, the global biodegradable food packaging market is segmented into following categories
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Russia
- Asia Pacific
- China
- India
- South Korea
- Middle East & Africa
- Central & South America
- Brazil
On the basis of material type, the biodegradable food packaging market is categorized into following types:
- Plastic
- Paper
- Aluminum
- Steel
- Others;
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Table of Contents
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Biodegradable Food Packaging Market Analysis, By Application
Chapter 5 Global Biodegradable Food Packaging Market Analysis, By Material Type
Chapter 6 North America Biodegradable Food Packaging Market Analysis
Chapter 7 Europe Biodegradable Food Packaging Market Analysis
Chapter 8 Asia Pacific Biodegradable Food Packaging Market Analysis
Chapter 9 Latin America Biodegradable Food Packaging Market Analysis
Chapter 10 Middle East & Africa Biodegradable Food Packaging Market Analysis
Chapter 11 Company Profiles
Chapter 12 Macroeconomic and Forecast Indicators Impacting the Biodegradable Food Packaging Market
Companies Mentioned
- 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