Edible Packaging Market Overview
A thorough analysis of the "Edible Packaging Market" has been provided by the top Edible Packaging research company, Maximize Market Research. Key business insights, demand analysis, pricing analysis, and a competitive landscape are all included in the report.
The market for edible packaging has seen increased adoption as a result of factors including rising processed food consumption, rising hygiene concerns among consumers, and rising packaging waste due to the use of synthetic polymers, which has a negative impact on the environment. These polymers are composed of substances that are thought to be safe for consumption by people, including proteins, lipids, polysaccharides, composites, and surfactants. Although the production of edible polymers is expensive and some regions, like Europe, have strict regulatory requirements for edible packaging, the market for edible packaging is expected to grow.
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Edible Packaging Market Scope and Methodology:
The report offers an overview of the current trends and key highlights in the Edible Packaging market. It provides insights into the Edible Packaging Market size, growth rate, and estimations for the forecast period. Investors and stakeholders have made informed investment decisions based on the demand and pricing analysis presented in the report. The major players in the Edible Packaging industry are profiled by region, showcasing their revenue, financial standing, portfolio, and technological developments. This enables a comprehensive competitive analysis of the global Edible Packaging market, including market leaders, followers, and new entrants. To estimate the market size at both regional and global levels, a bottom-up approach was employed. Primary and secondary research methodologies were utilized to gather the necessary data for the Edible Packaging market report.
Regional analysis is conducted at the global, regional, and country levels, providing insights into market share dominance, penetration, and upcoming growth opportunities in different regions. Key players in the market are assessed based on factors such as market revenue, advanced technologies, joint ventures, and mergers and acquisitions, contributing to the competitive analysis. The report combines both qualitative and quantitative analysis, incorporating primary and secondary data sources. It includes a SWOT analysis to identify the strengths and weaknesses of the Edible Packaging market, while a PESTLE analysis is employed to understand the potential impact of macroeconomic factors on the industry.
Market Value :
Edible Packaging Market was worth US$ 597.94 Mn in 2022 and total revenue is expected to grow at a rate of 4.3 % CAGR from 2023 to 2029, reaching almost US$ 802.88 Mn in 2029.
Edible Packaging Market Regional Insights
The Regional Analysis gives an overview of the Edible Packaging market conditions in each of the countries included by the research. The study contains an exhaustive analysis of all the variables, including market size, growth rate, and import and export in various geographic areas. The market for Edible Packaging is essentially divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Edible Packaging Market Segmentation
by Material Type
Polysaccharides
Lipid
Surfactant
Protein Films
Composite Films
Others
The market is divided into sub-segments based on material, including polysaccharides, lipids, surfactants, protein films, composite films, and others. Since lipids are a great barrier to oxygen and water vapour and shield food products from contamination, they are anticipated to account for the highest share of the global market for editable packaging over the forecast period. During the projected period, the protein film segment is also anticipated to drive the growth of the global editable packaging market. Protein film includes qualities like strong immunity and proper bodily functioning along with an increase in human energy levels, which are positively driving the market's growth.
by End-user
Food Beverages
Fresh Food
Cakes Confectionery
Baby Food
Dairy Products
Pharmaceuticals
Others
Food Beverages, Fresh Food, Cakes Confectionery, Baby Food, Dairy Products, Pharmaceuticals, and Others are the sub-segments of the industry that are broken down based on application. Food, drink, and pharmaceuticals are the two main end-user industries in the global edible packaging industry. In the food and beverage business, the product is frequently used to package a variety of food items, including fresh food, cake and confectionary, baby food, dairy products, and functional foods. The market for edible packaging is expected to rise in the upcoming years as a result of changing lifestyles and increased global demand for processed food products. Over the projected period, the pharmaceutical business is expected to grow at the fastest rate.
by Source
Plant
Animal
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Edible Packaging Market Key Players
1. Nagase Co. Ltd.
2. Pace International LLC
3. WikiCell Designs Inc.
4. MonoSol LLC
5. Tipa Corp.
6. Watson Inc.
7. Devro plc.
8. Tate Lyle Plc.
9. JRF Technology LLC
10. Safetraces, Inc.
11. BluWrap
12. Skipping Rocks Lab
13. Interpack
14. Evoware
15. Coveris Holdigs
16. Dupont de Nemours and Company
17. Ingredion Inc
18. Notpla Ltd.
19. Avani
20. Amtrex Nature Care Pvt. Ltd.
21. EnviGreen Biotech Pvt. Ltd.
22. Regeno Bio-Bags
23. Apeel Sciences
Table Of Contents :
1. Global Edible Packaging Market: Research Methodology
2. Global Edible Packaging Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Edible Packaging Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Edible Packaging Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 MA by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
North America
Europe
Asia Pacific
The Middle East and Africa
South America
3.12 COVID-19 Impact
4. Global Edible Packaging Market Segmentation
4.1 Global Edible Packaging Market, by Material Type (2022-2029)
Polysaccharides
Lipid
Surfactant
Protein Films
Composite Films
Others
4.2 Global Edible Packaging Market, by End-user (2022-2029)
Food Beverages
Fresh Food
Cakes Confectionery
Baby Food
Dairy Products
Pharmaceuticals
Others
4.3 Global Edible Packaging Market, by Source (2022-2029)
Plant
Animal
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Key questions answered in the Edible Packaging Market are:
- What growth strategies are the players considering to increase their presence in Edible Packaging ?
- What are the upcoming industry applications and trends for the Edible Packaging Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Edible Packaging Market?
- What are the lucrative opportunities for the growth of the Edible Packaging market?
- What major challenges could the Edible Packaging Market face in the future?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size Forecast by different segment | 20232029
- Market Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape Profiles of selected key players by region from a strategic perspective
- Competitive landscape Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTERs analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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