siliconindia | | SEPTEMBER 20234Why 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. Do read through and let us know what you think!Mandvi SinghAssistant Managing Editoreditor@siliconindia.com Publisher & Managing EditorAssistant Managing EditorAssociate EditorAlok ChaturvediMandvi SinghIndranil ChakrabortyVol 10 · Issue 08 - 02 · SEPTEMBER, 2023Editorial TeamHima P. MP. Tejaswini Roshan AktharManager - DesignPrabhu Dutta A.R.N RayArt ManagerSuanya Chakraborty Designers Mrigank SharmaAntony Arnold FGM- Sales & MarketingShashi RanjanAdvertising ManagerJayashree S advertise@siliconindia.comEditorial Querieseditor@siliconindia.comCirculation Manager Magendran PerumalTo subscribeVisit: https://www.siliconindia.com/subscribe/or send email to subscription@siliconindia.comMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Silicon Media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2023 Silicon Media Technologies Pvt Ltd, 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.siliconindiaEditorialTurning Eco-Friendly Charting a Better World
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