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The market for edible packaging is expected to grow from its current level to $2.14 billion by 2030, or 7.79% annually., In 2022, the market was estimated to be worth $783.38 million USD.
These polymers are constructed from non-toxic ingredients such lipids, polysaccharides, proteins, composites, and surfactants. However, stringent regulations regarding edible packaging in some places, such as Europe, and the high cost of producing edible polymers are anticipated to slow the expansion of the edible packaging market.
The worldwide market for edible packaging is anticipated to expand steadily between now and 2030. Forecasts indicate that the worldwide market will break all existing records and soar to new heights between 2022 and 2030. Increased and widespread acceptance of edible packaging market trends is mostly due to innovations in the industry. Edible packaging is a growing industry, and innovation is often coupled with the improvement and expansion of existing technology. As a result, leading companies in the market are spending increasingly large sums to create items that will set them apart from the competitors, resonate with their intended consumers, and ultimately boost sales and revenue. Companies are increasingly using smart and sustainable innovations in the food industry to guarantee that consumers' health and safety concerns are addressed and that their products resonate with consumers.
The surge in demand for edible packaging options may be traced back to several factors, including government support, improvements in packaging technology, and the discovery of new markets. Government policies in China, Indonesia, and India that encourage the use of edible packaging solutions, as well as an established raw material base in the form of plant-based sources, make these countries attractive markets for manufacturers and distributors of edible packaging.
Since the consumer can consume the packaging together with the food item, there is less waste from discarded containers. Food packaging and containers account for about 30.2% of all garbage in landfills, says the EPA. The films used in edible packaging are created from milk proteins, vitamins, proteins, and probiotics; these ingredients not only contain necessary nutrients but also act as an oxygen barrier, protecting the food inside from spoilage. Since recycling plastic takes so long, its emissions and waste are seen as detrimental to the environment. These elements have contributed to the expansion of the edible packaging industry.
Raw ingredients for the production of edible packaging solutions are increasingly coming from algae and seaweed. Because seaweed already contains many of the nutrients the body needs, no additional chemicals are required in its cultivation or processing. These ingredients can be used in numerous food and drink end products and transformed into a wide range of finished goods. As a result, factories are seeing unprecedented levels of adaptability in the industrial sector. Many companies in the food service industry are investing in R&D and exploring the possibility of incorporating edible packaging solutions into their existing product lines, such as containers, wrapping paper, and even plastic sachets. The widespread use of single-use plastic and proposed bans on it are an increasing source of environmental concern. These container options are becoming increasingly important to many businesses and customer demographics. The prospects for many different types of manufacturers are improving as new sources for edible packaging solutions become available. When implemented, these measures will aid in the reduction of plastic waste. The scale of the edible packaging market is increasing the pressure to create environmentally friendly alternatives.
Report Coverage
Global Edible Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Edible Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Edible Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Edible Packaging market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Edible Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Edible Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
WikiCell Designs Inc. (U.S.), Nagase & Co. Ltd. (Japan), JRF Technology, LLC (U.S.), Tipa Corp (Israel), Interpack (U.S.), Pace International LLC (U.S.), Ingredion Inc (U.S.), Safetraces, Inc. (U.S.) , Dupont de Nemours and Company (U.S.), Tate & Lyle Plc. (U.K), Coveris Holdings, (U.S.), MonoSol, LLC (U.S.), Evoware (Indonesia), Watson, Inc. (U.S.), Devro plc (U.K)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Edible Packaging market based on the below-mentioned segments:
Global Edible Packaging Market, By Material
Polysaccharides
Lipid
Protein Films
Others
Global Edible Packaging Market, By End User
Food & Beverage
Pharmaceutical
Global Edible Packaging market, Regional Analysis
These polymers are constructed from non-toxic ingredients such lipids, polysaccharides, proteins, composites, and surfactants. However, stringent regulations regarding edible packaging in some places, such as Europe, and the high cost of producing edible polymers are anticipated to slow the expansion of the edible packaging market.
The worldwide market for edible packaging is anticipated to expand steadily between now and 2030. Forecasts indicate that the worldwide market will break all existing records and soar to new heights between 2022 and 2030. Increased and widespread acceptance of edible packaging market trends is mostly due to innovations in the industry. Edible packaging is a growing industry, and innovation is often coupled with the improvement and expansion of existing technology. As a result, leading companies in the market are spending increasingly large sums to create items that will set them apart from the competitors, resonate with their intended consumers, and ultimately boost sales and revenue. Companies are increasingly using smart and sustainable innovations in the food industry to guarantee that consumers' health and safety concerns are addressed and that their products resonate with consumers.
The surge in demand for edible packaging options may be traced back to several factors, including government support, improvements in packaging technology, and the discovery of new markets. Government policies in China, Indonesia, and India that encourage the use of edible packaging solutions, as well as an established raw material base in the form of plant-based sources, make these countries attractive markets for manufacturers and distributors of edible packaging.
Since the consumer can consume the packaging together with the food item, there is less waste from discarded containers. Food packaging and containers account for about 30.2% of all garbage in landfills, says the EPA. The films used in edible packaging are created from milk proteins, vitamins, proteins, and probiotics; these ingredients not only contain necessary nutrients but also act as an oxygen barrier, protecting the food inside from spoilage. Since recycling plastic takes so long, its emissions and waste are seen as detrimental to the environment. These elements have contributed to the expansion of the edible packaging industry.
Raw ingredients for the production of edible packaging solutions are increasingly coming from algae and seaweed. Because seaweed already contains many of the nutrients the body needs, no additional chemicals are required in its cultivation or processing. These ingredients can be used in numerous food and drink end products and transformed into a wide range of finished goods. As a result, factories are seeing unprecedented levels of adaptability in the industrial sector. Many companies in the food service industry are investing in R&D and exploring the possibility of incorporating edible packaging solutions into their existing product lines, such as containers, wrapping paper, and even plastic sachets. The widespread use of single-use plastic and proposed bans on it are an increasing source of environmental concern. These container options are becoming increasingly important to many businesses and customer demographics. The prospects for many different types of manufacturers are improving as new sources for edible packaging solutions become available. When implemented, these measures will aid in the reduction of plastic waste. The scale of the edible packaging market is increasing the pressure to create environmentally friendly alternatives.
Report Coverage
Global Edible Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Edible Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Edible Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Edible Packaging market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | WikiCell Designs Inc. (U.S.), Nagase & Co. Ltd. (Japan), JRF Technology, LLC (U.S.), Tipa Corp (Israel), Interpack (U.S.), Pace International LLC (U.S.), Ingredion Inc (U.S.), Safetraces, Inc. (U.S.) , Dupont de Nemours and Company (U.S.), Tate & Lyle Plc. (U.K), Coveris Holdings, (U.S.), MonoSol, LLC (U.S.), Evoware (Indonesia), Watson, Inc. (U.S.), Devro plc (U.K) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Edible Packaging Market from 2021 to 2030.
- Market Forecast for Edible Packaging Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Edible Packaging competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Edible Packaging
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Edible Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Edible Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
WikiCell Designs Inc. (U.S.), Nagase & Co. Ltd. (Japan), JRF Technology, LLC (U.S.), Tipa Corp (Israel), Interpack (U.S.), Pace International LLC (U.S.), Ingredion Inc (U.S.), Safetraces, Inc. (U.S.) , Dupont de Nemours and Company (U.S.), Tate & Lyle Plc. (U.K), Coveris Holdings, (U.S.), MonoSol, LLC (U.S.), Evoware (Indonesia), Watson, Inc. (U.S.), Devro plc (U.K)
Primary Target Market
- Market Players of Edible Packaging
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Edible Packaging market based on the below-mentioned segments:
Global Edible Packaging Market, By Material
Polysaccharides
Lipid
Protein Films
Others
Global Edible Packaging Market, By End User
Food & Beverage
Pharmaceutical
Global Edible Packaging market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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