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New business and marketing concepts for cross-sector valorization of food waste
- Publication Year :
- 2020
- Publisher :
- Elsevier, 2020.
-
Abstract
- Food waste valorization is an economically viable method to produce environmentally sustainable value-added products. Huge efforts are required to commercialize products in the business sector to give them good market value. However, the modern era faces tremendous environmental challenges to attain probable profit and to encourage the formulation of new business models and marketing concepts in biobased product production and distribution. This chapter illustrates the commercialization method through secured intellectual property with guaranteed patented applications. The outlook for the policies that promote innovation and investment in the area of eco-friendly food waste (FW) biorefineries has to convert challenges into opportunities. In addition, the review of selling and marketing of biobased recovered products extracted from FW in the rural and urban sectors has been well illustrated, along with the publicizing issues and economic issues for a new marketing approach. The distribution and communication strategies in selling biorefinery products are major tactics in the marketing concept. Various business models with business principle values to predict the efficiency of progress with respect to cash flows and investments in FW biorefineries are also described in this chapter. Furthermore, the features of public information in order to understand the public contracts and financial concerns in establishing FW management techniques are also discussed. Perspective details about the transition of FW for sustainable development are also detailed briefly.
Details
- Database :
- OpenAIRE
- Accession number :
- edsair.doi...........5941b579753eec55d6612bf946094ae5
- Full Text :
- https://doi.org/10.1016/b978-0-12-818353-3.00020-1