Global Edible Packaging Market Is Estimated To Attain A CAGR Of Over 5.37% During The Forecast Period

Zion Market Research has published a new report titled “Global Edible Packaging Market – By Source (Plant and Animal), By Raw Material (Seaweeds and Algae, Polysaccharides, Lipids, and Others), By End-Use (Food, Beverages, and Pharmaceuticals), By Packaging Process (Antimicrobial, Nanotechnology, Electrohydrodynamic, Coatings, and Microorganisms), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” According to the report, global Edible Packaging Market was worth USD 649.65 Million in 2023. The market is forecast to reach USD 1040.23 Million by 2032, growing at a compound annual growth rate (CAGR) of 5.37% during the forecast period 2024-2032.

Browse the full “Global Edible Packaging Market – By Source (Plant and Animal), By Raw Material (Seaweeds and Algae, Polysaccharides, Lipids, and Others), By End-Use (Food, Beverages, and Pharmaceuticals), By Packaging Process (Antimicrobial, Nanotechnology, Electrohydrodynamic, Coatings, and Microorganisms), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/edible-packaging-market

Plant category is estimated to account for the largest market share in the global Edible Packaging market during the forecast period

Plant-based sources are projected to dominate the global Edible Packaging market owing to increasing concern over the use of single-use plastics and its ban. The technological advancements made in the edible packaging industry using plant-based products are anticipated to help reduce waste and pose as a sustainable alternative for container applications in delivery and other foodservice applications.

Seaweeds and algae sources are expected to dominate the Edible Packaging market during the forecast period

Seaweeds and algae are one of the commonly used raw materials in the production of edible packaging products. Furthermore, the nutrient-rich nature and high degree of flexibility in terms of applications of seaweeds increase its demand in the edible packaging industry, thereby eliminating the use of other chemicals.

Beverages are the fastest-growing category of Edible Packaging market

Beverages are estimated to grow at a faster rate during the forecast period owing to the increasing demand for water, juices, and alcoholic beverages among the consumers. 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.

Key Players:

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 End-Use Segmentation Analysis

• Food
  • Fresh foods
  • Bakery & confectionery products
  • Frozen foods
• Beverages
  • Non-alcoholic beverages
  • Alcoholic beverages
• Pharmaceuticals

Global Edible Packaging Market: By Source Segmentation Analysis

• Plant
• Animal

Global Edible Packaging Market: By Packaging Process Segmentation Analysis

• Antimicrobial
• Nanotechnology
• Electrohydrodynamic
• Coatings
• Microorganisms

Global Edible Packaging Market: By Raw Material Segmentation Analysis

• Seaweeds and algae
• Polysaccharides
• Lipids
• Others

Global Edible Packaging Market: By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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