New statistical report “Global Food Biodegradable Packaging Market 2019-2025” has been featured by wiseguyreports to its extensive database.

PUNE , MAHARASHTRA , INDIA , October 22, 2019 /EINPresswire.com/ -- With the rising concern for global warming and pollution across the globe, an increasing number of companies have moved to food biodegradable packaging. The industry is marked by a range of solutions and comes in the wake of stringent laws being made on the use of plastics. Traditionally, plastics have been used extensively in the packaging of food materials. This increased the shelf life of the product. However, the plastic obtained from the packaging was land-flied and caused pollution.

However, a lot many companies have replaced plastics and have opted for food biodegradable packaging. The journey of the material starts with the packaging of the food and ends with the consumption of the same. However, reduced shelf life has caused more wastage of food. But despite the fact, manufacturers have been opting for food biodegradable packaging as it is eco-friendly. The material can be colored and arranged in all significant ways possible and hence, has become the favorite option of manufacturers.

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Despite the advantages, there is a slew of factors that the industry is suffering from. High costs of the packaging material coupled with a lack of substantial support from the government have affected the growth prospects of the sector negatively. However, the analysts remain positive about the growth prospects and hence has attracted significant service providers in the segment. By the year 2025, the industry is expected to cross a significant high across the globe.

Top Key Players
* Georgia-Pacific
* Clearwater Paper
* Rocktenn
* Smurfit Kappa
* Mondi
* Stora Enso

Segmentation

The food biodegradable packaging industry can be segmented based on several factors, with each element playing a crucial role in the growth and development of the industry. Each segmentation has its share of advantages and disadvantages and hence plays an essential role in the growth of the food biodegradable packaging industry. Each segmentation plays a crucial role and allows users to have views from multiple lenses. This segmentation, when combined, ensure that the viewer has complete knowledge about the industry and have unbiased opinions about the sector.
Market Analysis

When it comes to the food biodegradable packaging industry, North America leads the race, followed by Europe. The stringent laws imposed by the governments has helped the industry flourish in the region. Other major areas include Asia Pacific and Southeast Asia. Japan and China lead the race along with India, where the use of plastics has been strictly restricted. The food biodegradable packaging industry being a promising industry has attracted major investors across the globe and hence has attracted major investors from all corners of the world. The appropriate pricing and the easy availability of the material are expected to drive the growth of the market in the next few years.

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