• Photo by Nadine Shaabana on Unsplash.
    Photo by Nadine Shaabana on Unsplash.
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Packaging is at a sustainability “tipping point”, with strong growth reported around the world for companies using ethical packaging.

The tipping point comes as a result of factors including single-use plastic bans, China’s ban on importing foreign waste, and increasing media spotlight on the environmental impact of plastic pollution, according to a new report from Innova Market Insights.

The Top Ten Packaging Trends for 2019 report lists “recyclable by design” as its number one trend, with strong average annual growth from 2014-18 in food and beverage launches with an ethical packaging claim – Latin America (33 per cent), North America (19 per cent), and Europe (10 per cent) are in the lead.

Additionally, paper-based and hybrid plastic alternatives are on the rise, with 40 per cent growth over the same period in new food launches with paper-based packaging.

The report also found exponential growth from 2016-18 in food and beverage launches involving recloseable or resealable closures, with an average annual growth rate of 92 per cent.

Following “recyclable by design” were e-commerce readiness, a resurgence in “natural” paper-based packaging, consumer convenience, and IoT technologies such as QR codes and blockchain.

Food & Drink Business

Ben & Jerry’s co-founder, Ben Cohen, is calling on Australian consumers to boycott Magnum ice cream, escalating a campaign for parent company The Magnum Ice Cream Company (TMICC) to sell the brand to investors aligned with its social mission.

More than US$23 billion in global CPG value share has shifted from mainstream-priced products to discount and premium tiers, and snacks and alcohol face the deepest cuts in spending intentions, according to NIQ’s Consumer Outlook 2027.

At its AGM on 24 November, SPC Global will ask shareholders to approve a new corporate name, Altiva Global, to separate the listed group from its SPC trading business.