The global edible packaging market size is projected to reach USD 1.1 billion by 2025, exhibiting a CAGR of 6.2% over the forecast period, according to a new report by Grand View Research, Inc. Growing innovation in food packaging coupled with rising concerns over the excessive use of plastics is among the key factors driving the growth of the global market.
Avail Sample Report @ https://www.radiantinsights.com/research/edible-packaging-market/request-sample
The primary advantage of edible packaging over traditional synthetic polymers is that it can be consumed along with the packaged products. In addition, even if the package is not consumed along with the product, it gets degraded more readily than polymeric materials as it is extracted from biomass material, which is biodegradable. Furthermore, the product has the potential to enhance the organoleptic properties of packaged foods, provided they contain flavorings, colorings, and sweeteners.
Edible packaging is usually made of polysaccharides, proteins, and lipids and these materials are usually extracted from various biomass including plants, animals, oils, and others. Combination or blend of polysaccharides, proteins, and lipids is used to derive composite edible packing material. The main objective of producing composite edible packaging material is to have a packaging product with improved permeability or mechanical properties.
Key product manufacturing companies are majorly located in North America and Europe. This can be attributed to the higher adoption of edible packing by the food manufacturers in these regions. Moreover, high awareness among the consumers regarding the use of environment-friendly packing materials has attracted consumers to edible packing in the developed regions.
Furthermore, increasing innovations in food packing and growing ban over single-use plastic across the world are anticipated to fuel the product demand globally over the next few years. The demand for processed food has been significantly growing globally, which is expected to favorably impact the demand for edible packaging. However, few shortcomings including high packing cost, hygienic issues during transportation, and requirement of secondary packing are anticipated to hamper the growth of the product globally.
Further key findings from the report suggest:
- Protein segment is anticipated to reach USD 518.1 million by 2025, exhibiting a CAGR of 6.6% from 2019 to 2025
- Pharmaceutical segment is expected to witness the highest growth rate over the forecast period, in terms of revenue, owing to rising pharmaceutical market across the world
- Increasing innovations in food packaging and ban over single-use plastic across the world are anticipated to fuel growth of the global market over the forecast period
- Some of the key companies present in the market are WikiCell Designs, Inc.; MonoSol, LLC; Tate and Lyle Plc; JRF Technology LLC; SAFETRACES, Inc.; Devro; Evoware; Ingredion, Inc.; NAGASE & CO., LTD.; and Bluwrap.
View Full Report with TOC @ https://www.radiantinsights.com/research/edible-packaging-market
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: [email protected]
The global edible packaging market size is projected to reach USD 1.1 billion by 2025, exhibiting a CAGR of 6.2% over the forecast period, according to a new report by Grand View Research, Inc.
Growing innovation in food packaging coupled with rising concerns over the excessive use of plastics is among the key factors driving the growth of the global market.Avail Sample Report @ https://www.radiantinsights.com/research/edible-packaging-market/request-sampleThe primary advantage of edible packaging over traditional synthetic polymers is that it can be consumed along with the packaged products.
In addition, even if the package is not consumed along with the product, it gets degraded more readily than polymeric materials as it is extracted from biomass material, which is biodegradable.
Furthermore, the product has the potential to enhance the organoleptic properties of packaged foods, provided they contain flavorings, colorings, and sweeteners.Edible packaging is usually made of polysaccharides, proteins, and lipids and these materials are usually extracted from various biomass including plants, animals, oils, and others.
Combination or blend of polysaccharides, proteins, and lipids is used to derive composite edible packing material.
The main objective of producing composite edible packaging material is to have a packaging product with improved permeability or mechanical properties.Key product manufacturing companies are majorly located in North America and Europe.
Market Overview:Mayonnaise is usually made from oil, egg yolks, vinegar, and seasonings.
However, from the last few years, mayonnaise is made from eggless ingredients since it is preferred by vegan and allergic to egg population.
Rising demand for mayonnaise due to fast food and ready to eat foods is driving the growth of the mayonnaise from last few years across the globe.
Application of mayonnaise for salad dressing and processed food is increasing at a significant rate, especially, in developed countries.
The global vegan mayonnaise market is mainly driven by rising demand for convenience foods and increasing application of mayonnaise for salad dressing.
On the basis of specialty food type, the mayonnaise market is segmented into gluten-free, kosher, organic, vegan, GMO-free, and others.
Market HighlightsThe global market for global Refrigeration Packaging Market is expected to grow at ~5.37%CAGR.The global refrigeration packaging market is a very dynamic market and is expected to witness high growth over the forecast period.
The refrigeration packaging market has various restraints such as inclination towards fresh cooked food and added costs of the final product.One challenge in the market is the volatility in raw material prices.
The expanding demand-supply gap in the last few years has led to an increase in the cost of raw materials.Scope of the reportThis study provides an overview of the global refrigeration packaging market, tracking one market segment across four geographic regions.
The scope of the study segments the global Refrigeration Packaging market by its product and region.Key PlayersThe key players of global refrigeration packaging market includes Amcor Limited (Australia), Ball Corporation (U.S.), Bemis Company, Inc. (U.S.), Crown Holdings Incorporated (U.S.)., Graphic Packaging International, Inc.(U.S.), International Paper Company (U.S.), Pactiv LLC (U.S.), Sealed Air Corporation (U.S.), Sonoco Products Company (U.S.), and WestRock Company (U.S.)Segmentation:By Packaging MaterialPaper & PaperboardPlasticMetalOthers By Packaging TypeBoxes and CartonsBags and PouchesContainersBottle & Jars and Others By end-userResidentialNon-Residential By RegionNorth America Asia Pacific EuropeRest of the World Market Research Analysis:With busy consumer lifestyles and rising household incomes, more and more people are looking for convenient options that can fit around their hectic schedules.
Technological advancements have enabled the flexible packaging companies with the ability to supply new film types and improved packaging designs, which helps protect, promote and store the product.
There has been a steady rise in income levels in developing nations, recently, resulting in more disposable income among individuals.
San Francisco, 21 May 2020 — “Catalyst Market Analysis By Regions (North America, Europe, Asia-Pacific, Latin America and Africa), Product, By Application And Segment Forecasts To 2025” Global Catalyst Market is estimated to reach USD 34.3 billion by 2024 owing to the increasing use of catalysts for reducing the cost of manufacturing chemicals, polymers and petrochemicals.
The different catalysts available in the market include zeolites, chemical compounds, enzymes, and metals that are used in the industries like industrial reaction, automotive, oil & gas, construction, and others.
Get a Free Sample Copy of Report @ https://www.millioninsights.com/industry-reports/catalyst-market/request-sample Growth in macroeconomics trends like ever-growing population along with surging economic progress in developing economic, strict environmental regulations about automotive emissions and rise in number of applications in end use industries are few factors driving catalyst market.
Asia Pacific is predicted to register substantial growth in the coming years due to increase in demand for automotive from developing countries like China and India.
Additionally, rise in standards of living and speedy industrialization activities in these regions support the growth of market.
Biocompatibility of enzyme catalysts has made catalysts perfect for manufacturing wide range of life science and food products like ointments, packaged foods, cosmetics, and processed dairy products.
