NOVEMBER 20246EDITORIALNOVEMBER - 25 - 2024, Vol - 04, Issue - 30 (ISSN 2836-1989)Published by ValleyMedia, Inc. Editorial StaffAva GarciaDavies MedowsJohnson Heller Joshua Parkersales@foodbusinessreview.comeditor@foodbusinessreview.commarketing@foodbusinessreview.comEmailVisualizerSamaelManaging EditorFood Business Review Visit www.foodbusinessreview.comCopyright © 2024 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.TO SUBSCRIBE TOVian IsaacStanley MartinStanley MartinManaging Editoreditor@ foodbusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsA SUSTAINABLE APPROACH TO FOOD PACKAGINGSustainable packaging is gaining popularity in the food packaging sector, with consumers and manufacturers prioritizing eco-friendly packaging to reduce waste, conserve non-renewable resources and lower the carbon footprint. This prolongs shelf life, supports transportation and distribution, offers valuable information to consumers and functions as a strong marketing asset.The global food packaging market was valued at 400.29 billion dollars in 2024 and is expected to grow at a CAGR of 5.9 percent from 2025 to 2030. The increase in online grocery shopping, meal kit subscriptions and food delivery services has significantly heightened the demand for durable, temperature-controlled food packaging solutions.Intelligent packaging is another innovative approach that is gaining traction. By integrating cutting-edge technologies, like sensors, RFID tags and QR codes with conventional methods, it is enhancing interactivity and functionality. Smart packaging incorporates elements like augmented reality experiences, which improve the general consumer experience. It is integral to monitoring the condition of products, providing indications of whether they are safe for consumption or have been compromised. Specific packaging solutions are designed to extend shelf life by filtering out undesirable particles, ensuring contents are preserved for longer durations.In this edition of Food Business Review, we explore the recent developments in the food packaging sector and how companies harness novel technologies to offer top-notch solutions.We feature insights from industry expert Olawale Ojo, senior global lean director at Griffith Foods, highlighting the challenges in the food packaging supply chain and the solutions to surmount them. He specifies the importance of lean implementation and its impact on the industry.We also include perspectives from Kaan Demiryurek, R&D Director - Global R&D - Sustainable Packaging at PepsiCo. He highlights the sustainability of the global food system, carbon emissions and how breakthrough advancements are carving the future. He underscores the role of food scientists and engineers in creating a sustainable yet nutritional food system for the future.We hope this edition of Food Business Review helps you and your organization build the partnership needed to foster a better food packaging solution driven by efficient technology.Let us know your thoughts!
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