Food Grade Biofilm Market Demand Is Expected To Reach A Valuation Of US$ 318.69 Million By 2033

The global Food Grade Biofilms Market accounts for a valuation of US$ 163.5 million in 2023. This new research report by Fact.MR, a market research and competitive intelligence provider, projects worldwide food grade biofilm sales to increase at a noteworthy CAGR of 6.9% from 2023 to 2033.

Rapidly increasing focus on sustainability in the packaging industry has led to high demand for eco-friendly packaging products. Food grade biofilms have emerged as the perfect sustainable food packaging alternatives and in a world where sustainability is gaining critical importance they could witness a notable hike in demand going forward. Evolving food safety standards and implementation of strict regulatory mandates for food packaging are other prospects that could favor market growth through 2033.

𝐆𝐞𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8693

On the contrary, the compatibility of edible biofilms with different food products and concerns shelf-life stability of food-grade biofilms are major restraints that are inhibiting the market from attaining its full potential.

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲

• The global food grade biofilms market stands at a valuation of US$ 163.5 million in 2023.
• Worldwide demand for food grade biofilms is forecasted to rise at a CAGR of 6.9% from 2023 to 2033.
• By 2033-end, the global market is anticipated to reach US$ 318.69 million.
• Rising focus on sustainability, growing demand for eco-friendly food packaging, and increasing investments in the research and development applications of the food industry are prime market drivers.
• Compatibility with different types of food products and shelf-life stability are two major roadblocks in the path to success of food grade biofilm vendors.
• Food grade biofilm sales in the United Kingdom are predicted to increase at 6.4% CAGR over the next ten years.
• The market in the United States is forecasted to accumulate a revenue of US$ 128.11 million by the end of 2033.
• Use of food grade biofilms in food packaging applications is anticipated to rise at 6.4% CAGR across the forecast period.

"Manufacturing food grade biofilms that are compatible with a variety of food products will be crucial for the success of companies in the future," says a Fact.MR analyst

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐈𝐧 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭

• Tipa
• Apeel Sciences
• WikiCell Designs
• Biofilm
• Mantrose-Haeuser Co. Inc.
• Innovia Films
• Ecovative Design
• SELTIVA
• Nagase America Corporation
• Futamura Group

𝐖𝐢𝐧𝐧𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲

Food grade biofilm manufacturing companies are investing heavily in the development of biofilms that allow to extend the shelf life of food products and gain a competitive advantage over other market players. Food grade biofilm suppliers are opting for strategies such as mergers, collaborations, and acquisitions to expand their business potential on a global scale.

• In February 2021, BioCote, a biotechnology company based in the United Kingdom, announced that it had officially entered the United States market with its venture BioCote® US. The company also launched its official site dedicated to the United States to provide its customers in the country with better service and greater choices.
• In July 2020, Ingredion Incorporated, a leading ingredient supplier, announced that it had completed the acquisition of PureCircle Limited, a renowned provider of plant-based sweeteners and producer of food grade biofilms from stevia leaves. Ingredion strengthened its sugar reduction portfolio through this acquisition.

𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐀𝐜𝐜𝐞𝐬𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/checkout/8693

𝐌𝐨𝐫𝐞 𝐕𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐎𝐟𝐟𝐞𝐫

Fact.MR, in its new offering, presents an unbiased analysis of the global food grade biofilms market, presenting historical demand data (2018 to 2022) and forecast statistics for the period (2023 to 2033).

The study divulges essential insights on the market based on material source (proteins, polysaccharides, lipids, biodegradable polymers) and application (food packaging, edible coatings, flavor & aroma enhancement, nutraceutical delivery systems, others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
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