According to the latest IMARC group report, entitled “Edible Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026”,the global edible packaging market has experienced XX growth during 2015-2020 and expects the market to grow at a CAGR of XX% during 2021-2026.
Edible packaging is made from natural, plant and biodegradable materials. Unlike its plastic-based counterparts, it can be consumed without unwrapping or throwing away the packaging. Edible packaging is mainly used to prevent contamination of food caused by oxygen, solute, moisture, etc. They also inhibit microbial growth or unwanted chemical reactions, remove waste, improve food quality, extend the shelf life of a product, etc. Edible packaging is widely used by various end user industries including pharmaceuticals and food and beverage.
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Many conventional packaging materials produce a large amount of solid waste which adversely affects the environment and human health. Therefore, several packaging companies are replacing them with edible packaging solutions based on probiotics, milk proteins, vitamins, etc., which act as an oxygen barrier for food. This, in turn, is mainly driving the edible packaging market. Additionally, due to growing environmental concerns, various government agencies around the world are implementing strict regulations to minimize waste generation. In addition, many plasticizers and functional additives, such as antimicrobial agents, pigments, chemical preservatives, etc., are also used in edible packaging to improve the protective properties of the film. In addition, the increasing adoption of processed food products requiring a longer shelf life is further increasing the demand. In addition, the increasing attention to using nanotechnology solutions, such as nanoencapsulation and multifaceted systems, to improve the nutritional value of foods is also expected to catalyze the edible packaging market during the forecast period.
Global Edible Packaging Market Analysis and Segmentation 2021-2026:
The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.
Key player in the competitive landscape:
Devro plc, Glanbia plc, Ingredion Incorporated, JRF Technology LLC, MonoSol LLC (Kuraray Co. Ltd.), Nagase & Co. Ltd., Notpla Limited, Safetraces Inc., Tate & Lyle Plc and TIPA Corp Ltd.
The report has segmented the market on the basis of material type, source, and end user.
- Breakdown by type of material:
Breakdown by source:
Breakdown by end user:
Breakdown by region:
- North America: (United States, Canada)
- Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, others)
- Middle East and Africa
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Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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