Edible Packaging Market Forecast and Trends
The global Edible Packaging
market is anticipated to grow nearly at a CAGR of 5.7 % to reach US$ 1,087
Million by 2026. The increase in popularity of edible packaging solutions can
be attributed to government initiatives, advances in packaging technologies,
and new sources of edible packaging solutions that can be developed. Edible
packaging has seen increased adoption due to factors such as high consumption
of processed food products, an increase in people's hygiene concerns, and a
rise in packaging waste through the use of synthetic polymers, thus affecting
the environment, thus boosting the growth of the edible packaging industry.
The approach of eco-friendly
packaging helps to conserve the atmosphere/environment as the products are both
edible and harmless for human use, thereby reducing the use of plastic
packaging ravage and propelling the growth of the global edible packaging industry.
Plastic pollution and waste are considered harmful to the atmosphere as it
takes a huge amount of time to recycle plastics. All of these factors helped
the development of the edible market for packaging.
Edible Packaging Market Overview:
Edible packaging is defined
merely as the thin, continuous layer of edible material formed on, placed on,
or between food or food components. The package is an integral part of the food
that can be consumed as part of the entire food product. Edible coatings should
have an appropriate color, smell, tone, taste, and texture. It has to adhere to
the product, but not conform to the packaging materials. In the mouth, it
should melt, but not in the hands. Edible fruit and vegetable wraps that
enhance food security may make healthy foods more appealing to consumers.
Edible films may create new combinations of flavors.
Lessening in Packaging
Edible packaging helps to
preserve the environment as the consumer with the food product will consume the
box itself, thus reducing the waste from packaging. Edible packaging also
includes packaging films made up of vitamins, proteins, and probiotics of milk
proteins, which have essential nutrients and are capable of providing the food
with an oxygen barrier, thereby avoiding contamination. Plastic pollution and
waste are considered harmful to the atmosphere as it takes a huge amount of
time to recycle plastics. All of these factors helped the development of the
edible market for packaging.
The edible packaging
industry is still in its embryonic stage, and the market is making various
advances. Nutrition nutritional characteristics are improved through the use of
nanotechnology technologies such as Nano encapsulation and multifaceted
systems. Nano encapsulation of active composites with edible covers helps
protect the food from moisture and heat and prevents the entry of other
particles into the food.
High cost and Lack of
Consumer Awareness concerning the advantage of edible packaging impeding the
market of Edible Packaging
The manufacturing of edible
packaging incurs a high cost since, during the transit, the packaging needs to
meet the sanitary requirements. In fact, the edible layers are more likely to
catch soil, germs, and other harmful particles that may contaminate the food
product. Therefore, businesses have to spend a lot of money to prevent these
layers from collecting dirt and germs.
Edible Packaging Market: Source
Based on Source, the Edible
Packaging market bifurcated into Plant and Animals. The plant segment is
supposed to be the most significant contributor in the edible packaging market
during the forecast horizon, due to the growing concerns about single-use
plastics and their potential ban. Advances in edible packaging sources have
also helped to strengthen manufacturers ' prospects. Edible packaging helps to
reduce waste otherwise produced from single-use plastics while also providing a
sustainable option for foodservice and distribution applications for container
Edible Packaging Market: Raw Material
Based on Raw Material, the
Edible Packaging market segmented into Seaweeds and algae, Polysaccharides,
Lipids, and Others (Surfactant, Composites, Carbohydrates). During the forecast
horizon, seaweed and algae segments are projected to be the most significant
contributor to the edible packaging market due to their inherent nature as a
nutrient-rich food source. Seaweed can also be modified through several food
& beverage applications and can be transformed into various forms, thereby
providing manufacturers with a higher degree of flexibility.
Edible Packaging Market: Packaging Process
Based on Packaging Process,
the Edible Packaging market segmented into Antimicrobial, Nanotechnology,
Electro hydrodynamic, Coatings, and Microorganisms.
Edible Packaging Market: End Use
Based on End Use, the Edible
Packaging market segmented into Food, Beverages, and Pharmaceuticals. The
beverages segments are projected to be the most significant contributor to the
edible packaging market owing to its use in juices, water, juices, and even
alcoholic beverages. The foodservice industry aims to incorporate edible
packaging into its product lines, including its use as wrapping paper,
containers, and plastic sachet replacements.
Edible Packaging Market: Regional insights
By geography, the global
Edible Packaging Market segregated into North America, Europe, Asia Pacific,
Middle East & Africa, and Latin America. The Asia Pacific is projected to
grow at the highest CAGR due to the increasing awareness and knowledge of
edible packaging benefits among customers. Rising and rising consumers '
disposable income, which affects their daily lives, is also likely to reflect
favorably on the demand and popularity for global edible packaging. North
America is expected to account for the most extensive user base in edible
Packaging Market: Competitive Landscape
The major market players in
the Global Edible Packaging are Nagase America LLC, Devro PLC, Monosol LLC, JRF
Technology, Evoware, Notpla LTD, Tipa Corp., Avani, Incredible Foods Inc.,
Amtrex Nature Care Pvt. LTD., Envi-Green Biotech Pvt. LTD., Regeno Bio Bags,
Apeel Sciences, Coolhaus, Do Eat, Ecoactive, and other Prominent Players are
expanding their presence in the market by implementing various innovations and
objective of the Study:
To analyze and forecast the
global Edible Packaging market size of the market, in terms of value.
To examine the careful
market segmentation and forecast the market size, in terms value, based on the
region by segmenting the Global Edible Packaging market into five regions,
namely, North America, Europe, Asia Pacific, Middle East, South America and
their leading countries.
To outline, categorized and
forecast the global Edible Packaging market based on the Source, Raw materials,
Packaging Process, and End use.
To examine competitive
developments like technological advancement, services, and regulative framework
within the global Edible Packaging Market.
To highlight the impact
analysis of the factors, affecting the market dynamics such as drivers,
restraints, opportunities, and challenges.
To strategically profile the
key players and comprehensively analyze their market shares along with
detailing the competitive landscape for market leaders.
of the Report
By Raw Material
Seaweeds and algae
Others (Surfactant, Composites,
By Packaging Process
By End Use
Middle East & Africa
Questions answer by the report
How will the market drivers, restraints and
opportunities affect the market dynamics?
What will be the market size in terms of
value and volume and market statistics with a detailed classification?
Which segment dominates the market or region
and one will be the fastest growing and why?
A comprehensive survey of the competitive
landscape and the market participant players
Analysis of strategy adopted by the key
player and their impact on other players.
Scope for the Client
Client satisfaction is our
first and last priority and that is why BlueWeave Consulting offers
customization according to Company’s specific needs. The following
customization options are available for the report:
With five additional company detail analysis
Additional country analysis
Detailed segment analysis