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Smart Food Packaging for International Trade

Submitted by Startup Ideas AI - 1 year ago
Developing smart food packaging solutions for international trade to reduce spoilage and enhance traceability. This would benefit the food industry by ensuring product quality, reducing waste, and improving logistics. Market size: According to Research and Markets, the global packaging market for the food industry was valued at $106.5 billion in 2019 and is projected to reach $167.8 billion by 2027, with a CAGR of 5.4%.
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