Global Protein Films Market to grow to around USD 2.21 billion by 2028

According to the report, the global Protein Films market size was valued at approximately USD 1.91 billion in 2021 and is predicted to reach around USD 2.21 billion by the end of 2028, expanding at a CAGR of around 5.95% from 2022 to 2028.

Protein films are gaining more attention in recent years as substitutes to traditional synthetic fibers owing to the advances offered by protein-based films with the most important being environment friendly along with the ability to maintain the natural state of the product being packaged.

One of the major reasons for protein films being extremely popular is that they can be used to package small food portions like cashew nuts, nuts, and beans that cannot be packaged individually due to impracticality. The most recent advancement in the global market is the development of edible protein films that can also be used alongside heterogeneous foods in between the sectors that divide the food components.

Protein films can also be customized to prevent the deterioration of the nutritional value of moisture components between inter-components while also helping to salute migrations in food items like pies, pizza, and candies. The functioning of protein films as carriers of antioxidant and antimicrobial agents is a major advantage of using protein-based films over synthetic counterparts. Plant protein films like zein are hydrophobically owing to the presence of vast amounts of non-polar amino acids but they offer excellent permeability for water vapor.

The global protein films market is projected to grow due to the increasing demand for high-protein diet forms amongst the general population owing to the growing health concerns and food awareness which is further propelled by the increasing number of efforts undertaken by domestic and international healthcare agencies to educate the masses about the long-term benefit of consuming protein-rich meals.

The growing realization of the importance of consuming sufficient protein in every meal is a major contributing factor toward growth in the global market size. Technological advancements resulting in the development of versatile and functional protein films have created more growth opportunities resulting in deep market penetration. The global edible packaging market is projected to reach over 2.79 billion by 2030 with protein-based films covering more than 47.9% of the market share in the coming years.

One of the major growth restraining factors in the global protein films market is the use of external agents to enhance the mechanical properties of the protein films as they inherently lack some of the aspects like the level of tensile strength as compared to synthetic films. More efforts are needed to drive the development process involving protein films as they currently lack the ability to act as complete substitutes for plastic films.

The increasing investment in the packaging field may provide excellent growth opportunities while incomplete hydrophobia may pose a challenge to the global market expansion.

The global protein films market is segmented by end-user, material, and region.

Based on end-user, the global market is segmented into pharmaceuticals, food & beverages. In 2021, the global market witnessed the highest revenue in the food & beverages sector. In 2014, the F & B sector held more than 40.1% of the global market sector. The market is anticipated to be propelled by growing consumer awareness and health concerns. Increasing the use of functional food owing to its nutritional value may also assist in generating a larger consumer database. The pharmaceutical sector is projected to grow at a high CAGR due to the application of protein films to cater to the needs of diabetic patients along with infection prevention and wound dressing.

Based on material, the global market segments are corn zein films, collagen films, casein films, mung bean protein films, soy protein films, wheat gluten films, and others. The global market may be dominated by corn zein films in the coming years along with high demand for soy, wheat gluten, and collagen films owing to their low oxygen permeability as compared to starch-based films. Corn zein films are one of the most versatile materials to be used in the F & B sector.

Asia-Pacific is projected to lead with the largest share in the global protein film market owing to the increasing collaborations undertaken by regional market players with the suppliers of raw materials and ingredients. The strategic policies encouraged by regional governments to make use of naturally occurring sources of proteins to create environment-friendly alongside edible films are anticipated to further drive the regional market.

The recent development of ultrathin protein film by the research institute in India called the Institute of Advanced Study in Science and Technology (IASST) is a prime example of growing interest in the field of protein films. North America is anticipated to register a high CAGR due to growing applications in the pharmaceutical sector in dealing with diabetic patients. Since protein films act as carriers of active pharmaceutical ingredients (API) including vitamins and antibiotics, they are gaining more momentum in the healthcare segment.

The global protein films market is dominated by players like Monosol, Watson, Cargill, Proliant, Davisco, and Tate and Lyle, amongst others.

Recent Developments:

• In February 2022, Monosol, a leading US-based provider of dissolvable packaging technologies, was awarded as the country’s brightest and best company to work for in the year 2021.
• In November 2021, Monosol announced a change in its leadership after nearly 3 decades of its inception

This review is based on a report by Zion Market Research, titled “Protein Films Market By End-User (Pharmaceuticals, Food & Beverages), By Material (Corn Zein Films, Collagen Films, Casein Films, Mung Bean Protein Films, Soy Protein Films, Wheat Gluten Films, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.”- Report at https://www.zionmarketresearch.com/report/protein-films-market

The global protein films market is segmented as follows:

By End-User

• Pharmaceuticals
• Food & Beverages

By Material

• Corn Zein Films
• Collagen Films
• Casein Films
• Mung Bean Protein Films
• Soy Protein Films
• Wheat Gluten Films
• Others

By Region

• 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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