As global markets continue to embrace sustainable practices, PeelON is making significant strides in the fresh produce industry with its cutting-edge, eco-friendly packaging solutions. Its product portfolio encompasses films, liners, shrink-wrap, and bags, all 100% biodegradable and compostable. The technology is specifically designed to extend the shelf life of fresh produce and is reusable.
Branch Venture Group is thrilled to support PeelON’s progress as they continue to drive changes. Here are three key reasons why we see PeelON as a transformative force in the fresh produce packaging industry and a valuable investment opportunity.
Sustainable Packaging Breakthroughs
Biodegradable packaging materials are designed to break down naturally into water, carbon dioxide, and organic substances, primarily using plant-based components such as starch and cellulose. These alternatives to conventional plastics and paper offer an eco-friendly solution by minimizing toxicity, waste, and emissions, and they decompose more quickly thanks to the action of microorganisms.
PeelON Liners are designed to line containers, crates, and boxes, providing an additional layer of protection for produce during transportation and storage.
The environmental benefits of PeelON’s solution are clear, with its 100% biodegradability and huge potential to eliminate plastic usage and reduce food waste. The products are direct substitutes for traditional plastic film and bag packaging. Compared to traditional plastic film wrap and liner bags, PeelON offers a reduced carbon footprint, aligning with global sustainability goals and consumer preferences for eco-friendly products. With the global biodegradable packaging market at $101 billion in 2023, and its projected growth reaching $166.2 billion by 2032, there is great growth opportunity for this company in the years ahead.
Enhancing Profitability: Extended Shelf Life and Reusable Solutions
PeelON is environmentally friendly and, at the same time, financially viable. It has the potential to revolutionize the industry by delivering cost-effective, quality-preserving solutions. (1) PeelON addresses critical industry needs by enhancing the shelf life of produce, which enhances profitability for customers. One customer also reported that using PeelON liner bags may reduce/eliminate the need for icing the produce in transit. (2) PeelON’s offerings can be reused within the supply chain, maximizing efficiency and reducing costs per use. Its receipt of commercial orders from a tropical fruit exporter and the product's reusability within the supply chain demonstrate initial market acceptance.
Seamless Integration and Effortless Adoption
The ease of adopting PeelON’s technology is another key factor contributing to ease of implementation and use with produce companies of all sizes. Customers transitioning from conventional solutions like foam find that integrating PeelON into their existing operations is straightforward and requires minimal adjustment. Although the adoption may extend processing times by about 30 minutes, the trade-off is widely accepted given the benefits. This hassle-free integration ensures that PeelON’s innovative products can quickly replace traditional solutions, facilitating a smoother transition to sustainable practices without disrupting existing logistics.
Want to learn more about PeelON?
At Branch Venture Group, we’re thrilled to support PeelON’s next phase of growth. As the team seeks to connect with industry leaders that are making a conscious effort to ensure the safety and security of their produce in the food supply chain by leveraging the latest sustainable packaging options.
To learn more about the company check out their website here and we’re happy to connect investor, buyer, and media inquiries with their management team. If you’re interested in learning more about Branch Venture Group and what we do, please reference our Investor page or reach out to info@branchventuregroup.com.