Carbonostics is contributing to the growth of the product LCA market
in Europe, which independent analyst firm reports will hit $103.3
million by 2015.
Carbonostics,
the online product lifecycle assessment (pLCA) application for the food
sector, participated in the latest report from independent analyst firm
Verdantix, European Product LCA Market Forecast 2011-2015, published in
March 2012.
The latest research from Verdantix reviews the barriers and drivers
influencing the penetration of pLCA per industry to size, and forecast
that the European market is set to reach $40.5 million in 2012 and more
than double over the next three years hitting $103.3 million by 2015.
The report takes into consideration software, implementation and support
budgets while detailing spend in European countries including France,
Germany, Italy, the Netherlands, Spain and the UK. This research follows
on from a previous report Smart Innovators: Product LCA Software that
reviewed usage scenarios and solutions available on the market, which
also included Carbonostics.
The research found that over the past three years, the choice of LCA
tools on the market has increased with new entrants popularizing LCA.
Furthermore, the report states that simplified interfaces designed for
specific product categories or industries, such as food and beverage
industry focused software Carbonostics, are supporting the uptake of LCA
in new industries and for new usage scenarios by making LCA accessible
to non-experts.
Carbonostics (cost + carbon + nutrition)
was launched over three years ago and continues to be a pioneering
force in food product sustainability with its triple-bottom-line
approach. It delivers product lifecycle assessment, hot-spot screening
and product portfolio analysis via an online tool that includes a
built-in, comprehensive database with over 2500 emission factors
relevant to the food industry.
“Carbonostics is driving the growth of product LCA applications and
software in Europe and beyond by delivering a new approach to product
sustainability and lifecycle assessment. Carbonostics is the fruit of
our vision to build the bridge between science and practical world
business needs in order to make LCA accessible to all companies in the
food sector, whether big or small. Our goal is to equip all companies
with accurate, intelligent, and actionable information with which to
make strategic sustainability decisions,” Bluehorse president Sara Pax
explains.
“We are proud that our commitment to bringing LCA to the business world
is being recognised by the food industry as well as in this report,” she
adds.
The Carbonostics tool is used by large and small food manufacturers and
foodservice suppliers in order to reduce carbon, cost and waste,
identify supply chain efficiencies, improve supplier relationships and
support new product design and R&D.
Verdantix industry analyst Emily Beauchamp says, “In this report, we
clearly see that the market for pLCA software provides an indication of
the uptake of life cycle thinking in product development and supply
chain management. This market evolution will lead new firms to adopt
pLCA and encourage existing users to expand their use of this type of
metric across their teams.”
To enquire about the European Product LCA Market Forecast 2011-2015 research from Verdantix, please visit www.verdantix.com.
To learn more about how Carbonostics is transforming businesses and products in the food sector, visit Carbonostics or reach us at contact@carbonostics.com or by calling +33/01.47.38.22.64 for France or at +1/312-565-9967 for the US.
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