Press release
The Edible Films and Coatings Market: A Dynamic Growth Path Forecasted to Reach $4.89 Billion by 2028
The Edible Films and Coatings Market
The edible films and coatings market has experienced robust growth, escalating from $3.2 billion in 2023 to an estimated $3.46 billion in 2024, reflecting a Compound Annual Growth Rate (CAGR) of 8.3%. The market is poised for continued strong growth, with projections anticipating an expansion to $4.89 billion by 2028, sustaining a CAGR of 9.0%.
Driving Forces for Market Expansion:
1. Surge in Global Sales of Fruits and Vegetables:
The increasing sales of fruits and vegetables worldwide are expected to drive the growth of the edible films and coatings market. These films and coatings play a pivotal role in packaging fruits and vegetables, enhancing shelf life, and adhering to eco-friendly practices. A report by FreshPlaza notes that the sale of organic fresh produce reached $2.3 billion in the first quarter of 2022, marking a 4% increase. This uptick in global fruit and vegetable sales is a significant contributor to the flourishing edible film and coating market.
2. Growing Demand for Organic Products:
The rising consumer demand for organic products is poised to boost the edible films and coatings market. Organic products, produced and processed according to specific standards, often require specialized packaging to maintain their organic status. Edible films and coatings, crafted from natural and organic ingredients, align seamlessly with the organic branding, ensuring consistency with the organic nature of the contents. The United States witnessed organic food sales surpassing $60 billion in 2022, with total organic sales reaching a record high of $67.6 billion, including both food and non-food products. Organic produce sales constituted $22 billion, making up 15% of total fruit and vegetable sales in the nation.
Explore the Global Edible Films And Coatings Market with a Detailed Sample Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6955&type=smp
Key Market Players:
Leading companies contributing to the edible films and coatings market include Tate & Lyle PLC, DuPont de Nemours Inc., Döhler GmbH, Royal DSM N.V., and Cargill Inc., among others. These industry leaders play a vital role in meeting the increasing demand for edible films and coatings while ensuring product quality.
Market Trends:
1. Technological Advancements in Edible Films and Coatings:
Technological advancement is a pivotal trend reshaping the edible films and coatings market. Major market players are focusing on innovative technologies to strengthen their position in the market. For instance, AgroFresh Solutions Inc. introduced VitaFresh Botanicals - Life Ultra, a plant-based film utilizing nanoemulsion technology for superior coating, reducing dehydration, and enhancing food preservation.
2. Innovations in Edible Films and Coatings:
Companies in the edible films and coatings market are innovating with new products such as plant-based edible coatings to cater to larger customer bases, increase sales, and boost revenue. Akorn Technology, for instance, launched protein-based edible coatings for fresh produce, effectively extending shelf life and improving quality, safety, and appearance.
Regional Dynamics and Market Segmentation:
North America led the edible films and coatings market in 2023, with Asia-Pacific expected to be the fastest-growing region during the forecast period.
The edible films and coatings market covered in this report is segmented -
1) By Ingredient Type: Protein, Polysaccharides, Lipids, Composites
2) By Application: Dairy products, Bakery and Confectionery, Fruits and Vegetables, Meat, Poultry, and Seafood, Other Applications
3) By End-User: Food and Beverage, Pharmaceuticals
Access the Complete Report for In-Depth Analysis:
https://www.thebusinessresearchcompany.com/report/edible-films-and-coatings-global-market-report
Edible Films And Coatings Global Market Report 2024 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Edible Films And Coatings Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on edible films and coatings market size, edible films and coatings market drivers and trends, edible films and coatings market major players, competitors' revenues, edible films and coatings market positioning, and edible films and coatings market growth across geographies. The edible films and coatings market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
Browse Through More Similar Reports By The Business Research Company:
Oral Thin Films Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/oral-thin-films-global-market-report
Agricultural Films Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/agricultural-films-global-market-report
Polyimide Films And Tapes Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/polyimide-films-and-tapes-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Edible Films and Coatings Market: A Dynamic Growth Path Forecasted to Reach $4.89 Billion by 2028 here
News-ID: 3366610 • Views: …
More Releases from The Business Research Company
Transition Toward Smart Grids Is Fueling The Growth Of The Market Due To Rising …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts._x000D_
_x000D_
Data Center Transfer Switches And Switchgears Market Size Valuation Forecast: What Will the Market Be Worth by 2025?_x000D_
The market for data center transfer switches and switchgears has experienced significant growth in the recent past. The market, which was at $3.00 billion in 2024 is projected to reach $3.32…
Cryogenic Valve For Space Market Expected to Achieve 8.9% CAGR by 2029: Growth F …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts._x000D_
_x000D_
What Is the Expected CAGR for the Cryogenic Valve For Space Market Through 2025?_x000D_
Over the past few years, the market size for cryogenic valves in the space industry has seen robust growth. The market will experience an expansion from $1.33 billion in 2024 to $1.45 billion in 2025,…
Counter Swarm Drone Technology Market Trends That Will Shape the Next Decade: In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts._x000D_
_x000D_
What Will the Counter Swarm Drone Technology Industry Market Size Be by 2025?_x000D_
The market size for counter swarm drone technology has seen a significant expansion in the last few years. It is projected to rise from $1.29 billion in 2024 to $1.62 billion in 2025, with a compound…
Emerging Trends to Reshape the Corporate Governance Services Market: Advancement …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Corporate Governance Services Market Size Growth Forecast: What to Expect by 2025?
In recent years, the market size for corporate governance services has greatly expanded. Current projections show that the market will expand from $4.65 billion in 2024 to $5.08 billion in 2025 with a compound annual growth rate…
More Releases for Films
Automotive Wrap Films Market, By Film Type (Windows Films, Wrap Films, Paint Pro …
Automotive wrap films are used for brand marketing, advertising and the personalization of buses, trucks and passenger cars. Due to the growing demand for mobile advertising, the flourishing global sign and graphics industry is anticipated to drive the application of automotive wrap films. The lower cost of automotive wrap films than vehicle paints is also increasing the growth of the automotive films market. The growing disposable income and increasing global…
Non Heat Sealable Film Market | Cosmo Films, Gulf Pack, Jindal Films, Max Specia …
The global non heat sealable film market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the non heat sealable film market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving…
Translucent Films Market | 3M Company, Cosmo Films Limited, Decorative Films LLC …
The global translucent films market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the translucent films market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth of the…
Thermal Films Market Overview, Growth Opportunities and Forecast To 2029| Cosmo …
LOS ANGELES, United States: The research study offers powerful guidelines for market players to compete well against other participants operating in the global Thermal Films market. It brings to light crucial market dynamics including drivers, challenges, restraints, trends, and opportunities. Readers are provided with detailed qualitative and quantitative analysis, PESTLE analysis, absolute dollar opportunity analysis, and Porter's Five Forces analysis that focus on various aspects of the global Thermal Films…
Global TPU Films Market, Global TPU Films Industry, Market Revenue, TPU Films Fo …
Thermoplastic polyurethane (TPU) film may be a flexible film with sturdy elongation and features that are comparable to maximum polyolefin films. They are sturdy, tough and elastic in nature. They are generally plasticizers free owing to that they don’t get hard over time. These films in addition have good flex presentation, tear strong point and abrasion resistance. They are extensively utilized within applications like building and construction, aerospace, railway, leisure…
Solar Control Window Films Market Trends | 3M, Thermolite, CPF Films, Llumar Win …
In 2015, solar control window films market from the construction application segment generated a revenue of USD 370 million and is poised to grow lucratively over the coming timeframe. The growth can be credited to the growing usage of glass to reduce the need of artificial light source and enhance appearance.
>>>Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/627
Based on the absorbers, solar control window film industry is bifurcated…
