Edible Packaging Industry Analysis, Geography, Segment

The food industry has been transforming in every dimension, right from the innovative edible cutlery to edible packaging. The edible packaging market is significantly fragmented and is competitive in nature, owing to the presence of numerous global and regional market players.

October 2018 | Material and Chemicals

Planet Market Reports has added a report, titled, Global Edible Packaging Market 2018 Forecast to 2023. Global edible packaging market is expected to grow with a CAGR of 6.1% during the forecast period of 2018 to 2025 By Planet Market Reports

The food industry has been transforming in every dimension, right from the innovative edible cutlery to edible packaging. Edible packaging is a booming trend that is reducing the need of plastics for packing the food. The global edible packaging market is anticipated to witness a promising growth during the upcoming years, owing to the increasing concerns regarding the disposal of plastic packaging materials. In addition, the surging demand for processed food, especially in the developed nations, and rise in food hygiene levels among the consumers are also fuelling the growth of edible packaging market across the globe. Although the market is poised to project lucrative opportunities to the market players, it also holds certain challenges and restraints that are hampering the market growth. For instance, the maintenance of hygiene level of the edible coating material and the high cost of such edible packaging materials are hindering the growth of the global edible packaging market.

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In terms of region, North America and Europe hold a significant share in the global market owing to the booming pharmaceutical and food & beverage industries in the regions. In addition, the escalating consumption of processed and packed food in North America and Europe is also catalyzing the regional market growth. However, Asia-Pacific is expected to witness humongous opportunities during the upcoming years due to the increasing consumption of processed food and beverages. The rise in disposable income of people in the developing economies, increasing standard of living, and rising awareness regarding food hygiene are yet other determinants that are boosting the growth of edible packaging market in Asia-Pacific region.

MARKET SEGMENT ANALYSIS

The global edible packaging market is mainly segmented on the basis of packaging material, end-user, and geography. By packaging material, the market is segmented into Lipids, Polysaccharides, Proteins, Composite films, and Surfactants. On the basis of end-user, the market is segmented into Food & beverages, and Pharmaceuticals. Geography wise, the market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa.

GLOBAL EDIBLE PACKAGING MARKET SEGMENTION

By Packaging Material

  • Lipids
  • Polysaccharides
  • Proteins
  • Composite films
  • Surfactants
  • By End-user
  • Food & beverages
  • Pharmaceuticals

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa.

Key Market Players

  • WikiCell Designs Inc.
  • Tate & Lyle Plc.
  • JRF Technology LLC.
  • Safetraces, Inc.
  • BluWrap
  • Skipping Rocks Lab
  • Tipa Corp
  • MonoSol, LLC
  • Watson, Inc.
  • Devro plc

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