Packaging

Edible Packaging Market Growth Accelerated by Consumer Preference for More Sustainable Options

Gauri Cmi

Edible Packaging Market Growth Accelerated by Consumer Preference for More Sustainable Options

Edible packaging is designed to serve as an alternative to single-use plastics by utilizing biodegradable materials that can be eaten along with the product. Common materials used in edible packaging include seaweed, polysaccharides, and lipid films. Edible films and coatings help extend shelf life by acting as moisture barriers and respiration controls while reducing food waste. They provide similar protective functions as conventional plastic films but are completely edible and hold advantages such as improved food safety as it acts as a carrier for bioactive compounds.

The global edible packaging market is estimated to be valued at US$ 1067.15 Mn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

Consumer preference for sustainable packaging has been a key driver behind the growth of edible packaging. Customers, especially millennials and generation Z, have been increasingly opting for eco-friendly products and companies providing more sustainable options. Edible packaging helps address concerns around plastic pollution and provides a natural and compostable alternative to single-use plastics. Major food brands are actively working on developing edible wrappers, coatings and containers made from seaweed, rice paper or other edible materials that can be consumed along with the product. The market is also witnessing increased research on exploring new plant-based materials and innovations in packaging technology to further enhance properties like barrier protection while ensuring complete edibility. Such market trends point towards continued growth of edible packaging in the coming years.

Segment Analysis

The global edible packaging market is segmented based on material and application. By material, it is segmented into polysaccharides, lipids, and fiber. Polysaccharides held the highest share in 2022 as it provides enhanced barrier properties and is easily accessible. By application, the market is segmented into food & beverages, pharmaceuticals, and others. The food & beverages segment dominated in 2022 and is expected to grow at the highest rate during the forecast period. This is because edible packaging prevent food contamination and increases the shelf life of products.

Key Takeaways

Global Edible Packaging Market Size is expected to witness high growth during the forecast period of 2023 to 2030.

Regional analysis - Asia Pacific region dominated the market in 2022 and is expected to remain the fastest growing region during the forecast period. This is attributed to the high demand for packaged food and increasing disposable income in emerging economies such as China and India.

Key players - Key players operating in the edible packaging market are Tianshui Huatian Technology Co Ltd, Hana Micron Inc., lingsen precision industries Ltd, Formosa Advanced Technologies Co. Ltd (FATC), Advanced Semiconductor Engineering Inc. (ASE Inc.), Amkor Technology Inc., Jiangsu Changjiang Electronics Technology Co. Ltd, Powertech Technology, King Yuan Electronics Corp. Ltd, ChipMOS Technologies Inc., TongFu Microelectronics Co., and Signetics Corporation.

Get More Insights On This Topic: https://www.newsanalyticspro.com/global-edible-packaging-market-size/

Gauri Cmi

Biodegradable Packaging is Fastest Growing Segment Fueling Growth of Edible Packaging Market

Gauri Cmi 2023-12-08

The Edible Packaging Market is estimated to be valued at US$ 1067. Companies are innovating edible films with antimicrobial properties to increase shelf-life of perishables without Chemical preservatives. Segment Analysis The global edible packaging market can be segmented by type as polysaccharides, lipids, and proteins. Regional analysis Europe dominated the global edible packaging market in 2023 and accounted for around 30% share, followed by North America. The growth in these regions is attributed to the stringent government regulations regarding the use of plastic packaging and adoption of biodegradable and edible alternatives.

Edible Packaging Market Growth Accelerated By Increased Demand For Eco-Friendly And Sustainable Packaging Solutions

Ashish Thapa 2024-01-03

The global Edible Packaging Market is estimated to be valued at US$ 1067. Growing environmental regulations restricting single-use plastics are further propelling the demand for edible packaging films and coatings. Segment Analysis The global edible packaging market is dominated by the single-layer edible packaging sub-segment, which held around 60% share of the overall market in 2024. Regional analysis: Asia Pacific region dominates the global edible packaging market and is expected to continue its dominance over the forecast period. Rapid industrialization and growing middle class population is further fueling the growth of edible packaging market in Asia Pacific.

Edible Packaging Market: Current Trends and Future Growth Prospects

mayuri kathade 2023-07-07

The Edible Packaging Market Overview Provides Thorough Details About The Size Of The Market, Trade Statistics, Leading Players, And Various Market Metrics Such As Life Cycle, Trends, Etc. The Report Also Provides Projections For Market Size And Growth Rate And Highlights Existing And Future Trends Within The Edible Packaging Market. CoolhausEdible Packaging Market Regional InsightsThe Report Provides A Regional Analysis That Aids In Comprehending The Edible Packaging Market Across Multiple Countries. 3 Global Edible Packaging Market, by Source (2022-2029)• Plant• AnimalKey Questions Answered In The Edible Packaging Market Are:Which Are The Factors Expected To Drive The Edible Packaging Market Growth? Com/Maximizemarketresearch/

Global Edible Packaging Market Size, Share, Trends, Growth, Analysis, Forecast

Ahasan Ali 2023-04-25

By Material Type, the market is primarily fragmented into· Protein · Polysaccharides · Lipids· Composite films· Others Amongst Material Type, the market is fragmented into proteins, polysaccharides, lipids, composite films and others. By Source, the market is primarily segmented into· Plant· Animal By Source, the plant segment dominated the global edible packaging market and will row at --% CAGR to reach US$ -- billion by the year 2027 owing to the growing demand for plant-based packaging material. By End-Use, the market is primarily segmented into· Food & Beverages · Pharmaceuticals By End-Use, the food & beverages segment dominated the global edible packaging market and will row at --% CAGR to reach US$ -- billion by the year 2027. The major players targeting the market includes· Ingredion · JRF Technology LLC· Evoware· Bluwrap· Tate & Lyle Plc. New SourceFood Enzymes Market Size, Share, Growth, Analysis, Trends, ForecastFoodservice Equipment Market Size, Share, Growth, Analysis, Trends, ForecastGlobal Matcha Powder Market Size, Share, Growth, Analysis, Trends, ForecastAbout UnivDatos Market InsightsUnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions.

Edible Packaging Market: Emerging Growth Analysis With Impact of COVID-19, Business Growth Outlook Forecasting By 2027

researchnester.insights 2021-12-08

Recent report published by research nester titled “Edible Packaging Market: Global Demand Analysis & Opportunity Outlook 2027″ delivers detailed overview of the global edible packaging market in terms of market segmentation by material type, by end user type and by region. Get a PDF Sample for more detailed market insights: https://www. North America is expected to hold the largest market for edible packaging due to the increase in demand for packaging food. being both a prominent consumer and producer of edible packaging which pushes the edible packaging market in North America region. Rising demand for Edible Packaging from Food and Beverage ManufacturingFood and beverage manufacturing segment occupied the leading position in Edible Packaging Market. Get a PDF Sample for more detailed market insights: https://www.

Edible Packaging Market will grow at highest pace owing to increasing demand for sustainability

Purvaja 2024-03-15

The Global Edible Packaging Market Demand is estimated to be valued at US$ 1229. The demand for edible packaging is increasing from food and beverage industry as it helps in reducing carbon footprint of product packaging. Impact of COVID-19 on Edible Packaging Market The COVID-19 pandemic has significantly impacted the growth of the edible packaging market. Geographical regions where the Edible Packaging Market is concentrated in terms of value Currently, North America accounts for the largest share of the global edible packaging market in terms of value. Fastest growing region for the Edible Packaging Market The Asia Pacific region is poised to be the fastest growing market for edible packaging over the forecast period between 2024 to 2031.

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Global Edible Packaging Market – Geographical Analysis North America dominates the global edible packaging market. Changing lifestyles and the increasing demand for bioactive packaging materials for meat, poultry, and seafood packaging in the region are major edible packaging market trends. Moreover, the emergence of inexpensive & eco-friendly packaging technologies substantiates the edible packaging market growth. The Asia Pacific edible packaging market accounts for a substantial share. Global Edible Packaging Market – Competitive Analysis The highly competitive edible packaging market appears fragmented due to several big & small market players forming a competitive landscape.

Edible Packaging Market – Industry Analysis and Forecast (2020-2027)

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Maximize Market Research's latest report, " Global Edible Packaging Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market.

It provides market segments by type and shape, as well as end-user industries and regions.Global Edible Packaging Market was valued at US$ 527 Mn in 2019 and is expected to reach US$ 761 Mn by 2027, at a CAGR of 4.7 % during a forecast period.Global Edible Packaging Market Overview The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology.

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The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Edible Packaging Market.

Get a Sample PDF of the Report at : Request Free Sample Report Global Edible Packaging Market Major Market Players• Nagase & Co. Ltd.• Pace International LLC• WikiCell Designs Inc.• MonoSol LLC• Tipa Corp.• Watson Inc.• Devro plc.• Tate & Lyle Plc.• JRF Technology LLC• Safetraces, Inc.• BluWrap• Skipping Rocks Lab• Interpack• Evoware• Coveris Holdigs• Dupont de Nemours and Company• Ingredion Inc• Notpla Ltd.• Avani• Amtrex Nature Care Pvt.

Ltd.• Regeno Bio-Bags• Apeel Sciences• CoolhausThe Market Impact of COVID-19The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.All around the globe.

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The edible cutlery market size is expected to see rapid growth in the next few years. The regions covered in edible cutlery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Therefore, the rising demand for biodegradable and compostable products is driving the growth of the edible cutlery market. The edible cutlery market report table of contents includes:Executive Summary Edible Cutlery Market Characteristics Edible Cutlery Market Trends And Strategies Edible Cutlery Market - Macro Economic ScenarioGlobal Edible Cutlery Market Size and Growth. Global Edible Cutlery Market Competitive BenchmarkingGlobal Edible Cutlery Market Competitive DashboardKey Mergers And Acquisitions In Edible Cutlery Market Edible Cutlery Market Future Outlook and Potential AnalysisAppendix Top Major Players :Lollicup USA Inc.

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Synopsis:With reference to the report published by the experts the scope of the global Edible Packaging Market was priced at US$ 727.6 million in 2018.

It is expected to go up by a CAGR of 6.2% during the period of forecast and estimated to touch US$ 1.1 billion by the completion of 2025.Edible packaging is a tinny material utilized for covering or packaging the medicines and food materials to lengthen its shelf life and can be used up together or else detached before intake.

According to the Food and Drug Administration (FDA) guidelines the packaging material necessitates to stick to the possessions of food safe constituents and achieve Generally Recognized As Safe (GRAS) rank.

Edible packaging material is typically taken out from the animals and biomass, for example plants and therefore, it is decomposable.Drivers:Increasing demand for recyclable packing, everywhere the world, increasing market of processed food and growing improvement in the packing of food items, everywhere the world, are the important reasons motivating the development.Progress in intake and usage of processed or ready-to-eat foodstuff products and the beverages, growth in the per head earnings of the customers, drop in wrapping waste, growth in hygiene associated problems between customers, extended shelf life of the food products, and most important transformation in the way of life are the most important reasons that are motivating the edible packaging industry.Conversely, this ecological method of wrapping supports to preserve the environment because these items are renewable, together with edible also and not hurtful for humanoid usage.

Therefore, reducing the usage of plastic wrapping and boosting the development of the global market for edible packaging.The multiplicity of developments in technology, for example, inauguration of nanotechnology in the packing and the introduction of fit proteins is expected to offer a number of openings and projections in the global edible packaging market.Restraints:The greater expenses of edible packaging material as equated to the man-made materials together with the greater controlling requirements is expected to hinder the development of the global edible packaging industry.Classification:The global edible packaging market can be classified by End Use, Material, Source, Technology of Process and Region.

By Source, it can be classified as Animals, Plants, and Others that includes Bee Wax, Algae, and Fish Processing Leftover.

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Get FREE Exclusive Sample of this Report@ https://www.upmarketresearch.com/home/requested_sample/5057 In this study, the years considered to estimate the market size of Edible Packaging are:History Year: 2013 - 2017Base Year: 2017Estimated Year: 2018Forecast Year: 2018 - 2025 The report begins with the overview of the Edible Packaging market and updates the users about the latest developments and future expectations.

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The Edible Packaging Market is projected to be worth USD 2. 79% during the forecast period (2022–2030)Eminent industry players profiled in the global edible packaging market report includeWikiCell Designs Inc. Growing Need for Biodegradable Films to Boost Edible Packaging Market GrowthMarket Analysis Edible Packaging Market is projected to be worth USD 2. Regional AnalysisNorth America to Sway Edible Packaging Market North America will sway the edible packaging market over the forecast period. About Market Research Future:Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide.

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It is expected to go up by a CAGR of 6.2% during the period of forecast and estimated to touch US$ 1.1 billion by the completion of 2025.

Market Overview: Edible packaging is a tinny material utilized for covering or packaging the medicines and food materials to lengthen its shelf life and can be used up together or else detached before intake.

Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/edible-packaging-market/request-sample Key Players:Bluwrap, Ingredion, Inc., Devro, JRF Technology LLC, MonoSol, LLC, NAGASE & CO., LTD., Evoware, SAFETRACES, Inc., Tate and Lyle Plc, and WikiCell Designs, Inc. Growth Drivers: Increasing demand for recyclable packing, everywhere the world, increasing market of processed food and growing improvement in the packing of food items, everywhere the world, are the important reasons motivating the development.

Progress in intake and usage of processed or ready-to-eat foodstuff products and the beverages, growth in the per head earnings of the customers, drop in wrapping waste, growth in hygiene associated problems between customers, extended shelf life of the food products, and most important transformation in the way of life are the most important reasons that are motivating the edible packaging industry.

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By Source, it can be classified as Animals, Plants, and Others that includes Bee Wax, Algae, and Fish Processing Leftover.

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With reference to the report published by the experts the scope of the global Edible Packaging Market was priced at US$ 727.6 million in 2018.

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