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Edible Films and Coatings Market Segment Forecast 2019 With DSM, BluWrap, Cargill, Ashland, Devro, Watson Inc, Tate & Lyle , Ingredion Incorporated, SafeTraces, Inc. , TIPA - Compostable Packaging, MonoSol, a Kuraray, Skipping Rocks Lab
Press release from: Data Bridge Market Research
This report represents the overall size of the edible films and coatings market from a global perspective by analyzing historical data and future prospects. This report analyzes for each manufacturer covered on the global market their production sites, capacity, production, ex-factory price, revenue and market share. The Global edible films and coatings market report has published all business profiles of leading players and brands. Reports introduce a top-to-bottom edible films and coatings assessment that includes empowering technologies, key trends, market drivers, challenges, standardization, regulatory landscape, opportunities, future guidance, value chain, ecosystem player profiles and strategies.
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Edible films are distinguished from coatings by their method of manufacture and application to the food product. Edible Films are dried preformed thin material that is used on or between layers of food components. These polymers are made up of various materials such as lipids, polysaccharides, proteins, composites, and surfactants, which are considered safe for human consumption. The regulatory requirements associated with edible packaging are high in various regions. Polysaccharides, proteins, and lipids are the three main polymeric ingredients used to produce edible films.
The edible films and coatings market is expected to reach USD 1355.2 Million by 2025, from USD 745.1 Million in 2017 growing at a CAGR of 7.3% during the forecast period of 2018 to 2025 (Current Year Statistic Will Be Provided in Report).
Some of the major players in edible films and coatings market are
· Wikicell designs inc
· Monosol llc
· Tate & lyle plc
· Jrf technology llc
· Safetraces, inc.
· Skipping rocks lab
· Tipa corp
· Watson, inc
· Devro plc
· Dupont de Nemours and Company
· Ashland INC.
· Ingredion INC.
· Koninklijke DSM N.V.
· Cargill Inc.
Others are Kerry Group PLC, Nagase & Co. Ltd., FMC Corporation, MonoSol, LLC., CP Kelco, WikiCell Designs Inc., FUERST DAY LAWSON HOLDINGS LIMITED, W Hydrocolloids, Inc., Watson Foods CO. INC., Mantrose-Haeuser Co., Inc. (RPM International), Pace International LLC., Proinec (Production and Innovation on Edible Coatings, SL), Takikawa Oblate Corporation, Limited., and many more. Hence the major players in edible films and coatings market have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
· Edible packaging plays a key role in minimizing packaging material wastage from and thus reducing carbon food print in the food sector.
· Packaging manufacturers and retailers have a key role in making valuable contribution to resolve these problems.
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Market Segmentation: Global Edible Films and Coatings Market
The Edible Films and Coatings market is segmented on the basis of
· Material Type
· End User
On the basis of Material Type, the market is segmented into
· Composite Films
On the basis of End User, the market is segmented into
· Food and Beverages
On the basis of geography, the edible films and coatings market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Films and coatings that are used in edible packaging are helping manufacturers reduce wastage of raw material. This is expected to be a major driving factor for food packaging manufacturers by increasing sales and also boost existing revenue generation of edible films and coatings. This market report defines the market trends and forecast the upcoming opportunities and threats of edible films and coatings market in the next 8 years.
Major Market Drivers and Restraints:
Reduction in packaging waste
Increase in shelf life of food products
Growing demand for processed food product
High cost of products
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