Smart Plant-based Food Packaging Market: Snapshot
The global smart plant-based food packaging market is expected to gain a lasting impetus with continuous research and development activities for promoting bioplastic innovation. The market could provide food packaging products that are favorable for the health of the planet and also keep ingredients fresh for a longer period of time. Smart plant-based food packaging is projected to revolutionize the way people utilize, store, and purchase groceries without worrying much about waste.
Leading players operating in the global smart plant-based food packaging market are foreseen to come up with new offerings that could not only improve the shelf life of various food products but also protect the ingredients from the damaging effects of their surroundings. Smart plant-based food packaging is predicted to ride on their enhanced and novel preservation properties for increasing its demand in the market. This could be due to the implementation of value-added oxygen barriers in bioplastic. A new type of green plastic is envisaged to take shape in the market with the combination of complex technologies such as nanoparticle components and biopolymers.
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The usage of sensors in smart plant-based food packaging could be a significant addition envisioned to up the demand in the market at a high rate. Such sensors could notify consumers when the food was sourced, its temperature, and also pH levels. Even seafood could be held inside smart plant-based food packaging with the introduction of pot and bottle type products. Furthermore, food manufacturers are forecasted to reduce their carbon footprint with the implementation of smart plant-based food packaging.
Food packaging is essential for containment of products, preservation and protection, to reduce food spoilage, eliminating the risk of adulteration and present food in a hygienic and aesthetically attractive way. According to the Agriculture and Food Organization, one third of the food in the world is wasted and most of this wasted food is generated by retailers and consumers who follow dates on packages and throw away edible food due to a label. Therefore, a project was initiated in order to develop plant-based bioplastic food packaging which increases the shelf life of food and the researchers also have formulated sensors that notify the consumers and retailers whether the food inside can be consumed or not.
Smart plant based food packaging is one of the areas where food packaging companies can emphasize on refining their practices. Reutilizing in-house and using eco-friendly and/or recyclable packaging is another step, but making plant based material and packaging means using more biodegradable products. Heinz, Coca-Cola and SINTEF are the major companies participating in the movement towards the use of smart plant based food packaging. Coca-Cola uses Brazilian sugarcane but is also looking into other plant based materials.
Currently all of the company’s bottles are made of fully recyclable plastic using bio-based products whereas SINTEF is now ready to present the first demonstration of packaging made from polyactic acid. The company has partnered with other collaborators like Logoplaste and Greek company Agro to develop plant based food packaging. Other food packaging companies need to find if they can alter their packaging necessities and fit plant based packaging material in their budget for which the USDA has proposed a loan guarantee program which will give these manufacturers easy access to loan and also cheaper interest rates in order to build a new plant.
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