LOOPM ALTERNATIVES: ADDING A NEW AND LASTING DIMENSION TO PRESERVING FOOD
Outlook Business|May 2024
LoopFresh, an Indian innovation promises to transform the way perishables are stored on our supermarket shelves to retain their freshness.
LOOPM ALTERNATIVES: ADDING A NEW AND LASTING DIMENSION TO PRESERVING FOOD

It is said that innovative ideas come in a flash. It was a casual visit to a supermarket during the pandemic that opened the eyes of Sunitha Varadan to the colossal problem of food spoilage. If this was the waste in one store, what about all the retail outlets across the country? It set her mind thinking about what could be done to address the problem. The answer, she realised, lay in finding an eco-friendly bio-solution or barrier coating that could be applied to packaging material to enhance shelf life of packaged food products. The longer products stayed fresh and unspoilt, the less the wastage.

Sunitha founder-director of LoopM Alternatives, a Bengaluru-based company launched in 2020, Varadan got down to the task. She and her tightly knit team worked on an eco-friendly solution and the first product, LoopFresh, is set to hit the Indian market in the last quarter of 2024. It will later be launched in UAE, Malaysia, Singapore, and Australia. The Asia Pacific region is expected to be the largest market for smart packaging by 2030, with a market size of $18.5 billion.

Esta historia es de la edición May 2024 de Outlook Business.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición May 2024 de Outlook Business.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE OUTLOOK BUSINESSVer todo
SHANKAR PRASAD
Outlook Business

SHANKAR PRASAD

C'EST LA VIE - MY FAVOURITE

time-read
1 min  |
December 2024
Star Plus
Outlook Business

Star Plus

Actor Keerthy Suresh's talents extend far beyond the silver screen. In a chat with Prachi Khanna, she talks about her growing interest in the world of investments - from real estate to tech to co-owning a cricket team

time-read
3 minutos  |
December 2024
Shelter From the Storm
Outlook Business

Shelter From the Storm

Taking care of 500-plus homeless was only the first of the challenges; the 24-year-old social worker has done more since

time-read
3 minutos  |
December 2024
Saying No to Jugaad
Outlook Business

Saying No to Jugaad

In India, people often rely on a quick-fix approach to manage the daily challenges of taking insulin shots. But a Gen-Z innovator has other ideas

time-read
3 minutos  |
December 2024
Green Skills Champion
Outlook Business

Green Skills Champion

An unexpected career choice was the beginning of efforts to demystify the conversation around climate change and raise awareness

time-read
3 minutos  |
December 2024
Force of Change
Outlook Business

Force of Change

An educator's journey that started in the municipal schools of Andheri West is helping bridge the learning gap among young students

time-read
3 minutos  |
December 2024
An Appetite for Health
Outlook Business

An Appetite for Health

The 'food pharmer' has taken on some of the biggest names in the FMCG sector. His mission: to get consumers to read product labels

time-read
3 minutos  |
December 2024
More Than Medals
Outlook Business

More Than Medals

India's success at the Paris Paralympics can inspire a new era of inclusivity

time-read
3 minutos  |
December 2024
Checkmate
Outlook Business

Checkmate

A new generation of chess elite, backed by early mentorship and building on the wins of the previous generation, is cementing India's place at the top

time-read
3 minutos  |
December 2024
On A Strong Wicket
Outlook Business

On A Strong Wicket

Team India has had a mixed month but a good year. This was the year Rohit Sharma and his boys brought the T20 World Cup back home

time-read
4 minutos  |
December 2024