Turning Eco-Friendly Charting a Better World Why Biodegradable?
Given the explicit exposure to harmful substances today, due to the increasing environment depletion, it’s not a questionable aspect anymore. All of us are pretty aware of the fact that preserving our planet is critical fact now to thrive and leave a better world behind us for the forthcoming generations to live healthy and breathe healthy. Well, the only way is turning eco-friendly by going green and sustainably sourcing materials that least harm the environment or not at all.
As this way of living life is becoming increasingly important for the human race, seeking biodegradable products have become the best means to protect our planet from man-made damage. Today with the increasing awareness and saying no to plastics many manufacturers are contributing to promote the eco-friendly wave throughout the world today. More so the technological advancements have influenced various manufacturers in India to innovate environment-friendly packaging. While the government too is collaborating with the leading manufacturers to drive the growing demand for biodegradable products and packaging today, FSSAI depicts to be the proof taking initiatives towards reducing plastic footprint in the F&B industry. Conclusively, with the world gradually shifting to promote biodegradable using biodegradable products, the biodegradable products market size is also growing.
As per Businesswire reports, the global biodegradable plastic market is projected to achieve significant growth, reaching a value of $14.43 Billion by 2030, rising from $5.28 Billion in 2022, with a steady compound annual growth rate (CAGR) of 13.38 percent. The stats indicate a rapid advancement in expansion and adoption of biodegradable plastics worldwide. Subsequently, India biodegradable packaging market is also estimated to grow at a CAGR of 15.06 percent during 2023-28. There are many recognized brands engaged in this pursuit to elevate this market. Through our current edition we have endeavoured to celebrate the keen and promising leaders & manufacturers in the industry who are promoting and offering biodegradable products.
As this way of living life is becoming increasingly important for the human race, seeking biodegradable products have become the best means to protect our planet from man-made damage. Today with the increasing awareness and saying no to plastics many manufacturers are contributing to promote the eco-friendly wave throughout the world today. More so the technological advancements have influenced various manufacturers in India to innovate environment-friendly packaging. While the government too is collaborating with the leading manufacturers to drive the growing demand for biodegradable products and packaging today, FSSAI depicts to be the proof taking initiatives towards reducing plastic footprint in the F&B industry. Conclusively, with the world gradually shifting to promote biodegradable using biodegradable products, the biodegradable products market size is also growing.
As per Businesswire reports, the global biodegradable plastic market is projected to achieve significant growth, reaching a value of $14.43 Billion by 2030, rising from $5.28 Billion in 2022, with a steady compound annual growth rate (CAGR) of 13.38 percent. The stats indicate a rapid advancement in expansion and adoption of biodegradable plastics worldwide. Subsequently, India biodegradable packaging market is also estimated to grow at a CAGR of 15.06 percent during 2023-28. There are many recognized brands engaged in this pursuit to elevate this market. Through our current edition we have endeavoured to celebrate the keen and promising leaders & manufacturers in the industry who are promoting and offering biodegradable products.
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