Price stabilization of bioplastics expected in 2015

December 2, 2008

Producers and packaging associations claim improvements to cost, performance and moisture barrier properties of bioplastics as well as more investment in sorting technology to prevent contamination of recycling waste streams will enable the industry to compete more effectively with conventional plastics.

Bioplastics are a form of plastics derived from renewable biomass sources, such as vegetable oil, corn starch or pea starch. However, many are reliant on fossil fuel-derived energy for their manufacturing.

Christophe Doukhi de Boissoudy, president of the Club des Bioplastiques, told attendees at the conference section of the Emballage 2008 trade show that the development of bioplastics for food and drink packaging has been hindered due to the fact that they are costlier to produce than petroleum based plastics.

He predicts that with more investment in R&D to enable the fine tuning of bioplastics so ensure they become technologically and environmentally competitive this cost gap with petroleum-based plastics will be drastically reduced.

Doukhi de Boissoudy added that producers of bioplastic packaging are aiming for price stabilization by 2015.

Market predictions

Meanwhile, the BCC research group said that the market for biodegradable plastics, in terms of volume, reached 541 million lbs in 2007, and is expected to reach 1.2 billion lbs by 2012.

And market analysts, Freedonia, predicts that natural polymer demand will grow 7.1 per cent annually to $4bn in 2012, with expansion due in part to improved production technologies for materials such as PLA.

The group said that PLA will see significant growth in packaging areas such as thermoformed containers.

Non-food sources

Communication spokesperson for European Bioplastics, to Melanie Gentzik, told FoodProductionDaily.com that while bioplastics have no impact on the current food supply and availability situation, technical solutions to use mainly non-food crops in their manufacturer are under investigation or already in use.

She called for all parties involved in their production to support sustainable development of bioplastics, and to take into account that no raw material has unlimited availability and therefore the most efficient use of resources must be achieved.

“Bioplastics should be regarded as a solution to promote sustainable development and not as a threat to it,” said Gentzik.

Degradation

Most bioplastics will only degrade in the tightly controlled conditions of commercial composting units. An internationally agreed standard, EN13432, defines how quickly and to what extent a plastic must be degraded under commercial composting conditions for it to be called biodegradable.

There is no standard applicable to home composting conditions for bioplastics.

Italian bioplastic manufacturer Novamont said that that producing one kilogram of its starch-based product uses 500g of petroleum and consumes almost 80 per cent of the energy required to produce a traditional polyethylene polymer.

And environmental data from NatureWorks, manufacturer of PLA bioplastic, says that making its plastic material delivers a fossil fuel saving of between 25 and 68 per cent compared with polyethylene, in part due to its purchasing of renewable energy certificates for its manufacturing plant.

According to the company, its PLA can be physically recycled, composted through industrial processes, incinerated via waste to energy systems, and also chemically recycled back into its base monomer unit of lactic acid.¹

¹Jane Byrne, Food Production Daily

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Global Nutraceutical Market Update

October 27, 2008

WELLESLEY, Mass.—According to a new technical market research report, Nutraceuticals:global markets and processing technologies (FOD013C) from BCC Research, the global market for nutraceuticals was worth $117.3 billion in 2007. This is expected to increase to $123.9 billion in 2008 and reach $176.7 billion in 2013, a compound annual growth rate (CAGR) of 7.4 percent.
The market is broken down into nutraceutical foods, beverages and supplements. Nutraceutical foods were the largest market segment in 2007, worth $39.9 billion. This is expected to increase to $40.6 billion in 2008 and $56.7 billion in 2013, for a CAGR of 6.9 percent.
Nutraceutical supplements have the second largest market share, generating $39.0 billion in 2007 and an estimated $40.5 billion in 2008. This segment should reach $48.8 billion in 2013, for a CAGR of 3.8 percent.
The nutraceutical beverages segment represents the fastest growing segment, and is expected to have the largest share of the market by 2013. This segment was worth $38.4 billion in 2007 and is expected to increase to $42.8 billion in 2008 and $71.3 billion in 2013, for a CAGR of 10.8 percent.
The global nutraceutical market is defined as aggregate sales of functional food, beverage and supplements fortified with bioactive ingredients including fiber, probiotics, protein and peptides, omega, phytochemicals, and vitamins and minerals. Currently, foods, beverages and supplements equally contribute about 33 percent each to the total global nutraceutical market. However, functional beverages are expected to overtake the other two markets. The supplement market, on the other hand, is nearly reaching saturation.
The total functional food, beverage and supplement market is known for premiumisation, and thereby makes the market fatter in terms of net sales. The U.S. is leading the global nutraceutical market with over 32.8 percent of the global market share.

¹Natural Products Insider

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Global Sports Nutrition Market Topped $27.2B in 2007

September 17, 2008

WELLESLEY, Mass.—The global market for sports nutrition was worth $27.2 billion in 2007, according to a new report from market research firm BCC Research. The organization further estimated sales will top $31.2 billion in 2008 and reach $91.8 by 2013, a compound annual growth rate (CAGR) of 24.1 percent.

BCC’s report, Sports Nutrition and High Energy Supplements: The Global Market, breaks down the market into sports beverages, sports food and sports supplements, with beverages taking the largest market share and growing at the fastest rate. Revenues for sports beverages were $24.9 billion in 2007, and are expected to have a CAGR of 25.6 percent through 2013, resulting in an $87.0 billion market. The sports food segment was worth $1.2 billion in 2007 and will reach an estimated $1.5 billion in 2008. This should increase to $2.5 billion in 2013, for a CAGR of 10.0 percent. The sports supplements segment was worth $1.1 billion in 2007 and will reach an estimated $1.9 billion in 2008. This should reach $2.3 billion in 2013, a CAGR of 4.0 percent.

According to BCC, the United States is the largest consumer market for sports nutrition products, followed by Western Europe and Japan. Key market drivers include taste, price, variety and brand trust. Now that the demand for sports nutrition products is coming from mainstream consumers, convenience and taste are seen as the biggest growth drivers.¹

¹Natural Products Insider

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Tracing and Authentication Market Growing

August 5, 2008

A new produce-tracking technology out of Redwood City has the potential to prevent millions of dollars in losses during food-safety scares. The U.S. market for tracing and authentication was $34.2 billion in 2006, according to BCC Research. Growing consumer demand for information will drive the market to $43 billion by 2012, according to an August 2007 report by the Massachusetts-based research group.¹

¹San Jose Business Journal – by Emma Ritch

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North American Rigid Plastic Food Packaging Forecast

July 17, 2008

The North American market for plastic rigid food packaging will surpass 6.2 mln tons in 2008, as per a report by BCC Research. The market is forecast to increase to over 17.2 billion pounds in 2013, at a compounded annual growth rate of 4.7%.¹

¹Plastemart.com

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PET leads food package growth in North America

July 15, 2008

The North American market for plastic rigid food packaging will exceed 13.7 billion pounds (6.2 million tonnes) in 2008, according to a report by BCC Research. The market is forecast to increase to over 17.2 billion pounds in 2013, at a compound annual growth rate of 4.7%.¹

¹PRW.com

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Global Market for Probiotics Worth $19.6 Billion by 2013

May 26, 2008

WELLESLEY, Mass.—According to a new technical market research report, The Probiotics Market: Ingredients, Supplements, Foods” (FOD035B) from BCC Research (BCCResearch.com), the global market for probiotic ingredients, supplements and foods was worth $14.9 billion in 2007. It is expected to be worth $15.9 billion in 2008 and reach $19.6 billion in 2013, a compound annual growth rate (CAGR) of 4.3 percent.¹

¹Natural Products Insider

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