The biodegradable packaging market is anything but disappearing and globally was valued at $4.9 billion in 2016, according to a report from Mordor Intelligence.
It is projected to reach nearly $11 billion by the end of 2021 at a CAGR of 17.4%. Food packaging is a major segment accounting for more than 65% of biodegradable plastic and paper packaging market.
It is that majority portion of the market that was represented at last month’s food and beverage-centered Process Expo, where some vendors offered biopolymer-film based compostable packaging solutions.
The vendors featured novel and distinctly different products that presented a focused solution to address food waste to landfills for their respective markets.
Much attention, rightfully so, is placed on reducing food waste wherever possible. While there’s been much activity in addressing food waste upstream through primary packaging using improved barriers and other shelf-life extending technologies, there are downstream occasions where food waste seems inevitable.
For example, consider the amount of waste in food service such as at restaurants where leftovers that are not taken home have to be discarded, presumably ending up in nearby landfills.
The diverse biodegradable film options for foods, for primary packaging and restaurants, can help reduce food waste sent to landfills.