Global Edible Packaging Market Size, Trends and Growth Opportunity, By Source (Plant, and Animal), Material Type (Lipids, Polysaccharides, Proteins, Composite Films, and Surfactants), End-Use Industry (Pharmaceuticals, and Food & Beverages), By Region and Forecast Till 2027.
Report ID : IR100965 | Industries : Food and Beverage | Published On :March 2024 | Page Count : 3
Global Edible Packaging Market Size, Trends and Growth Opportunity, By Source (Plant, and Animal), By Material Type (Lipids, Polysaccharides, Proteins, Composite Films, and Surfactants), By End-User (Pharmaceuticals, and Food & Beverages), By Region and Forecast Till 2027.
Global Edible Packaging Market
Market Overview
Global Edible Packaging Market was valued at USD 552 million in 2021 which is expected to grow USD 678 million by 2027, at a CAGR 3.49%.
In order to increase the shelf life of different pharmaceutical and food products, edible packaging is utilized to wrap and coat them. Several materials, including lipids, polysaccharides, proteins, composite films, and surfactants, are used to create edible packaging. The main benefits of edible packaging include an increase in mechanical properties like permeation, migration, and minimization of respiration in fruits and vegetables, improvements in sensory properties like sheen, limitations on the movement of moisture and other gases, an extension of shelf life, and the provision of antimicrobial or antioxidant properties.
Market Drivers
The primary growth drivers for the worldwide edible packaging market are likely to be an increase in demand for processed food products and rising cleanliness concerns among consumers. The market for edible packaging is anticipated to grow as a result of key players increasing their collaboration activities.
Market Restraints
The high price of edible packaging and its limited application pose a barrier to the expansion of the global edible packaging market. The expansion of the worldwide edible packaging market is anticipated to be constrained by the potential health risks associated with the storage and transport of food products in edible packaging.
Market Segmentation
Global edible packaging market is segmented into source such as plant, and animal. By material type such as lipids, polysaccharides, proteins, composite films, and surfactants. Further, global edible packaging market is segmented into end user such as pharmaceuticals, and food & beverages.
Regional Analysis
The edible packaging market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The North American region is expected to dominate the edible packaging market during the forecast period due to the increasing demand for sustainable packaging solutions and the presence of major players in the region. The United States and Canada are major contributors to the market growth in this region.
Market Key Players
Various key players are discussed in this report such as Devro plc, Watson, Inc., MonoSol, LLC, Tipa Corp, Skipping Rocks Lab, BluWrap, Safetraces, Inc., JRF Technology LLC., Tate & Lyle Plc., and WikiCell Designs Inc.
Market Taxonomy
By Source
• Plant
• Animal
By Material Type
• Lipids
• Polysaccharides
• Proteins
• Composite Films
• Surfactants
By End User
• Pharmaceuticals
• Food & Beverage
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Edible Packaging Market
1. Executive Summary
1.1. Market Taxonomy
2. Global Edible Packaging Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
3. Market Background
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
4. Global Edible Packaging Market Snapshot
5. Global Edible Packaging Market Analysis, By Source
5.1. Y-o-Y Growth Comparison, By Source
5.2. Global Edible Packaging Market Share Analysis, By Source
5.3. Global Edible Packaging Market Size and Forecast, By Source
5.3.1 Plant
5.3.2 Animal
6. Global Edible Packaging Market Analysis, By Material Type
6.1. Y-o-Y Growth Comparison, By Material Type
6.2. Global Edible Packaging Market Share Analysis, By Material Type
6.3. Global Edible Packaging Market Size and Forecast, By Material Type
6.3.1 Lipids
6.3.2 Polysaccharides
6.3.3 Proteins
6.3.4 Composite Films
6.3.5 Surfactants
7. Global Edible Packaging Market Analysis, By End User
7.1. Y-o-Y Growth Comparison, By End User
7.2. Global Edible Packaging Market Share Analysis, By End User
7.3. Global Edible Packaging Market Size and Forecast, By End User
7.3.1 Pharmaceuticals
7.3.2 Food & Beverages
8. Global Edible Packaging Market Analysis, By Region
8.1. Y-o-Y Growth Comparison, By Region
8.2. Global Edible Packaging Market Share Analysis, By Region
9.North America Edible Packaging Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Edible Packaging Market Analysis, By Source
9.3 North America Edible Packaging Market Analysis, By Material Type
9.4 North America Edible Packaging Market Analysis, By End User
9.5 North America Edible Packaging Market Analysis, By Country
9.5.1USA
9.5.2 Canada
9.5.3 Mexico
10. Europe Edible Packaging Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Edible Packaging Market Analysis, By Source
10.3 Europe Edible Packaging Market Analysis, By Material Type
10.4 Europe Edible Packaging Market Analysis, By End User
10.5 Europe Edible Packaging Market Analysis, By Country
10.5 .1Germany
10.5 .2 France
10.5 .3 UK
10.5 .4 Rest of Europe
11. Asia Pacific Edible Packaging Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Edible Packaging Market Analysis, By Source
11.3 Asia Pacific Edible Packaging Market Analysis, By Material Type
11.3 Asia Pacific Edible Packaging Market Analysis, By End User
11.4 Asia Pacific Edible Packaging Market Analysis, By Country
11.4.1China
11.4.2 India
11.4.3 Japan
11.4.4 Rest of Asia Pacific
12. Latin America Edible Packaging Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Edible Packaging Market Analysis, By Source
12.3 Latin America Edible Packaging Market Analysis, By Material Type
12.4 Latin America Edible Packaging Market Analysis, By End User
13. Middle East & Africa Edible Packaging Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East & Africa Edible Packaging Market Analysis, By Source
13.3 Middle East & Africa Edible Packaging Market Analysis, By Material Type
13.4 Middle East & Africa Edible Packaging Market Analysis, By End User
14. Competition Analysis
14.1 Competition Dashboard
14.2 Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15. Company Profiles
15.1 Devro plc
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financial
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Watson, Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financial
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 MonoSol, LLC
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financial
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Tipa Corp
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financial
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Skipping Rocks Lab
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financial
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 BluWrap
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financial
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Safetraces, Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financial
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 JRF Technology LLC
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financial
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Tate & Lyle Plc
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financial
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 WikiCell Designs Inc
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financial
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies