GLOBAL: Biopackaging poised to challenge PET? - research
The use of biopackaging in the drinks industry leapt in West Europe and North America last year, albeit from a small base, according to a recently-released report.
The '2011 Zenith Report on Drinks Biopackaging', released late last week, noted that compostable bottles in the two markets rose by 47% in 2010 to over 100m litres, but volumes remain small as a proportion of total volume.
The report also notes that biopackaging has the potential to improve sustainability in beverage packaging, while growing interest in locally-available renewable crops could bring additional scope.
“While the environmental credentials of compostable bottles sit well with increasingly green-minded consumers, challenges such as price, separation from PET and composting facilities persist,” said Zenith's senior analyst, Jenny Foulds.
“Despite the difficulties, we foresee continuing strong growth in development projects. If the challenges can be answered, then volume can gain serious market share.”
For further details on Zenith's report, click here.
- Whatever happened to binge Britain? - comment
- How to turn a domestic spirit into a global brand
- The dangers of squaring up to your competitor
- The US beer market - A level playing field for all
- Remy Cointreau's Q2 and H1 - preview
- Sidney Frank CEO to head Clooney's import co
- Diageo sells off United Spirits' Bouvet Ladubay
- Captain Morgan distillation trial queried by USVI
- Irish whiskey brands could fail without bulk
- Sazerac sues Brown-Forman over Tennessee Fire
- Global Beer Trends 2015 : Global Beer Trends and Long-term Forecasts
- Global sparkling wine insights - market forecasts, product innovation and consumer trends research
- Future growth opportunities for global spirits
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research
- Global Wine Market to 2019 - Market Size, Development, and Forecasts