Edible Food Packaging Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025. Decrease in packaging waste, technological improvements in the form of edible food packaging, and increase in shelf life of the products are some of the major factors contributing to the growth of edible food packaging market.
Edible Food Packaging Market is valued at USD 763.30 Million in 2017 and expected to reach USD 1,220.90 Million by 2024 with the CAGR of 6.94% over the forecast period.
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Edible Food packaging market report published by the Brandessence Market Research and Consulting Pvt. Ltd. provides the detail information about Edible Food Packaging market from various aspects. This repost consist of drivers, restrains, Opportunities which help the market to grow over the analysis period and recent trends which supports the growth of market. This repost consist of regional segmentation with type, technology, material and application.
Market Key players:
Global Edible Food Packaging market report covers prominent players like WikiCell Designs Inc, MonoSol LLC, Tate & Lyle plc, JRF Technology LLC, Safetraces, Inc., BluWrap, Skipping Rocks Lab, Tipa Corp, Watson, Inc., Devroplc, and Others.
Edible packaging is packaging for food. A package provides protection, damaging resistance, and special physical, chemical, or biological needs. It may toleratenutrition facts label and other information about food being offered for sale. Edible food packaging maintains the benefits of food processing after the process is complete, allowing foods to travel safely for long distances from their point of origin and still be healthy at the time of consumption.
Edible Food Packaging Market Segmentation –
By Product Type: (Polysaccharides, Lipid, Surfactant, Protein Films, Composite Film)
By End Users: (F&B Manufacturing, Fresh Food, Cakes & Confectionery, Baby Food, Dairy Products, Food Products, Pharmaceuticals, others)
However, packaging technology must balance food protection with other issues, including energy and material costs, keen social and environmental awareness, and strict regulations on pollutants and disposal of municipal solid waste.So, during the study of Global Edible Food Packagingmarket, we have considered Edible Food Packaging product type and end user to analyze the market.
There are various factors driving the growth of the Edible Food Packaging one of the majors driving the growth of the market are increase in consumption of processed food & beverages, reduction in packaging wastage, rise in hygiene concerns among people and increase in shelf life of products, growth in disposable income of consumers, and rise in standard of living boosts the adoption of edible food packaging products in the industry and thus drive the edible food packaging market growth.
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However, the higher cost of edible packaging materials in comparison with the artificial materials and high controlling requirements is expected to restrain the edible food packaging market growth. Furthermore, continuous economic development in countries, such as India, China, and Australia, are expected to provide abundant growth opportunities to the market. Edible Food Packaging Market Revenue (USD Million) Analysis by Regional and Global, 2018-2024