Global demand for the Edible Packaging market was valued over USD 525 Million in 2019 and is expected to reach a CAGR of 5% between 2019 and 2025.
This report analyzes and estimates the Edible Packaging market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with forecast from 2020 to 2025 based on value (USD Million). The report offers detailed insights of the Edible Packaging market drivers and restraints along with their impact analysis at global level from 2015 to 2025.
The report covers in-depth analysis of the strategies adopted by major competitors in the global Edible Packaging market. To understand the competitive landscape in the global Edible Packaging market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.
The research study provides a decisive view on the global Edible Packaging market based on Source, Packaging Process, Raw Material, End-Use, and Region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025.
The edible packaging market is gaining momentum basically due to the increasing government initiatives, advancements in the packaging technologies, and also the manufacture of new sources for edible packaging byproducts. The growing demand for edible packaging products in populated countries like China, Indonesia, and India are likely to propel the growth of the Edible Packaging market during the forecast period. In addition, the development of new government policies favoring edible packaging solutions and establishment of base for raw materials such as plant-based sources is anticipated to bolster the global Edible Packaging market growth. The increasing concern over the use of single-use plastics and its waste management is increasing the demand for alternative natural sources in the manufacture of edible packaging products.
Growing demand for sustainable sources in delivery and other foodservice applications is expected to boom the Edible Packaging market. The plan of food industries to include edible packaging in their wrapping paper, plastic sachets replacements, and containers is likely to help augment the growth of the Edible Packaging market.
On the basis of source, the global Edible Packaging market is divided into Plant and Animal. Based on raw material, the market is segregated into Seaweeds and Algae, Polysaccharides, Lipids, and Others. In terms of end-use, the market for edible packaging is sectored into Food, Beverages, and Pharmaceuticals. By packaging process, the market is categorized into Antimicrobial, Nanotechnology, Electrohydrodynamic, Coatings, and Microorganisms. The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
Some of the major players of the global Edible Packaging market include Tomorrow Machine, Regeno Bio-Bags, JRF Technology, Evoware, Nagase America, Tipa Corp., Avani, Wikicell Designs, Monosol LLC, Amtrex Nature Care Pvt. Ltd., Notpla Ltd., EnviGreen Biotech Pvt. Ltd., Devro Plc., Dental Development Systems LLC, Coolhaus, Apeel Sciences, Ecoactive, Mantrose UK Ltd., Do Eat, and Lactips.
The report on global Edible Packaging market is segmented into:
Global Edible Packaging Market: By Source Segmentation Analysis
Global Edible Packaging Market: By Packaging Process Segmentation Analysis
Global Edible Packaging Market: By Raw Material Segmentation Analysis
Global Edible Packaging Market: By End-Use Segmentation Analysis
Global Edible Packaging Market: By Regional Segmentation Analysis