Frost & Sullivan Reports on Increasing Awareness to Use Bioplastics for Food Packaging Applications
- Jun 28, 2011
As the disposal of packaging in applications such as food has had an adverse impact on the environment, it has opened up numerous opportunities for retailers and packaging manufacturers in bioplastics. Most traditional packaging materials are oil based and therefore, are difficult to sort and recycle efficiently a. Consumers are increasingly seeking bio-friendly options to conventional plastics to safeguard their environment and sources of renewable energy.
Governments could offer tax exemptions and other subsidies to encourage the production of bio-based, environment-friendly products from renewable resources to conserve non-renewable energy and reduce greenhouse gas (GHG) emission.
Market participants can tap the sizeable...
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