openPR Logo
Press release

Edible packaging Market - Global Industry Analysis,Growth, Trends, Forecast 2024

08-31-2016 11:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Edible packaging

Over the last two decades, global food industry has gone through vast changes in terms of consumer preferences. Demand for ready-to-use food is gaining momentum, which in turn, is expected to create demand for enhanced food packaging solutions. With global food industry players introducing novel products following trends in customer behavior, food packaging has also seen significant changes in terms of visual graphics, physical and chemical characteristics and biodegradability. Edible packaging is also a result of these trends in the food packaging industry.

Traditional packaging creates pollution and takes too much time to decompose. Regulations from various government and environmental agencies has led packaging manufacturers to reduce utilization of plastics by introducing biodegradable packaging. Edible packaging is a breakthrough in the field of food packaging, which creates zero waste after consumption of food product. Edible packaging can be used for several applications including poultry, meat, fruits, vegetables and other such food products. Edible packaging provides barrier to oxygen and carbon dioxide between food and atmosphere, leading to enhanced shelf life of the product. Rising consumer awareness, coupled with regulations from various government & non-government organizations, the demand for edible packaging is expected to grow at a significantly high CAGR over the forecast period of 2016-2026.

Global Edible Packaging Market Dynamics

The demand for edible packaging, due to its several beneficial properties such as ecofriendly nature and biodegradability, is expected to grow significantly over the coming years. It also possess the potential in reducing waste of food packaging generated by corporate and residential areas across the globe. Further, environmental regulations to reduce the use of plastics for food packaging is pushing its demand to grow over the forecast period.

Get Free Sample Report Copy :
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12899

The major challenges with edible packaging is that it possesses inferior mechanical properties as compared to conventional packaging. For proper safety, edible packaging requires additional packaging over it which directly increases its cost, making it difficult to deliver at a cost comparable with that of the traditional packaging. Being relatively new in the market, consumers are less aware about the benefits of edible packaging technology, which pose a significant challenge for marketing products with edible packaging. Also, due to its biodegradable nature, edible packaging cannot be used for long term storage.

Since manufacturers and consumers are emphasizing on the use of edible packaging due to rising awareness and environmental concerns, the demand for edible packaging is expected to grow significantly over the forecast period of 2016-2026. Reduction in overall manufacturing cost can further fuel up the demand for edible packaging, leading to increased revenue for market players associated with this market.

Global Edible Packaging Market Segmentation:-

Global edible packaging market is segmented on the basis of raw material, end-use and region. By raw material, global edible food packaging market is segmented as the following:

Polysaccharides
Proteins
Lipid
Others

On the basis of end-use, global edible packaging market is segmented into:

Restaurants
Food Malls
Corporate Sector
Household
Others

Global Edible Packaging Market: Regional Outlook

Geographically, the global edible packaging market is segmented by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific excluding Japan (APEJ), Middle East and Africa and Japan. North America, APEJ and Europe are expected to be the major regions in the global edible packaging market throughout the forecast period.

Global Edible Packaging Market Players

Key players reported in the value chain of edible packaging include WIKIFOODS Inc., MONOSOL Inc. etc. Market players in the edible packaging industry are highly focused to reduce the overall manufacturing cost, making it comparable with that of the conventional packaging.

About TMR

TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Edible packaging Market - Global Industry Analysis,Growth, Trends, Forecast 2024 here

News-ID: 358732 • Views:

More Releases from Edible packaging

Edible packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, …
Over the last two decades, global food industry has gone through vast changes in terms of consumer preferences. Demand for ready-to-use food is gaining momentum, which in turn, is expected to create demand for enhanced food packaging solutions. With global food industry players introducing novel products following trends in customer behavior, food packaging has also seen significant changes in terms of visual graphics, physical and chemical characteristics and biodegradability. Edible
Edible packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, …
Over the last two decades, global food industry has gone through vast changes in terms of consumer preferences. Demand for ready-to-use food is gaining momentum, which in turn, is expected to create demand for enhanced food packaging solutions. With global food industry players introducing novel products following trends in customer behavior, food packaging has also seen significant changes in terms of visual graphics, physical and chemical characteristics and biodegradability. Edible

More Releases for TMR

Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031. The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer. To evaluate the nature of the gases and their potential threats, dissolved gas
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future. Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200 Among regions, North America,
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market. Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000 The
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to