As part of their commitment towards the circular economy of packaging, our client is actively exploring alternative materials for their food packaging that can be manufactured with a low environmental footprint, reducing CO2 emissions and enabling circularity.
The landscape for alternative materials is complex and fragmented with innovation often delivered by small companies including start-ups and scale-ups.
Extensive market studies usually take several months to complete, and formal supplier enquiries would require along and tedious NDA process, which slows down the search even further.
Our project has three objectives:
Based on our client's criteria, we have screen our database of sustainable technology providers and shortlisted 25 companies as potential collaboration partners. The client then selected 5 the most promising companies for which we sourced additional information on their commercial and technical maturity, sustainability performance and patent activity.