Packaging industry adopts nanotechnology to tackle food loss and waste

In the Asia-Pacific (APAC) region, major economies like China, Japan and South Korea contribute to about 25% of the world’s food waste while other South and Southeast Asian regions together account for 22% of the world’s food waste. Against this backdrop, the packaging and end-product suppliers are planning to address these food losses and waste by using nanotechnology to extend the shelf life of food products, says Global Data. According to GlobalData, the sustainable development goals call for halving per capita global food waste at retail and consumer levels by 2030, as well as reducing food losses along the production and supply chains. The APAC is the largest consumer of packaged food with a recorded volume of 372.03 billion kg in 2019. Albin George, senior consumer analyst at GlobalData, says, “The market for packaged food in the APAC is expected to see a short-term decline given the uncertainty in the consumption patterns owing to Covid-19, which has resulted in production capacity and lead times constraints. Moving past the pandemic, the resurgence is expected in the…

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