Press release
Edible Packaging Market to Record Sturdy Growth by 2024 - 2031 | MonoSol, Kuraray Co. Ltd., JRF Technology
Edible Packaging Market
Edible packaging involves using ingredients like polysaccharides, fats and proteins as protective coatings and films for food products. It helps improve shelf life while reducing environmental footprint of traditional plastic packaging.
Market Dynamics:
Rising environmental concerns over plastic waste and growing preference for eco-friendly alternatives are driving demand for edible packaging solutions. Edible films and coatings not only provide moisture and gas barriers to foods but also get digested if consumed along with product, thus enabling zero-waste packaging. Materials like lipids, proteins and polysaccharides are gaining popularity as edible packaging raw materials. Recent advancements in extraction and film forming techniques have improved barrier and mechanical properties of edible films, increasing their application in food categories beyond dry foods.
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The edible packaging market is estimated to gain significantly from government policies and regulations restricting use of plastics as well as initiatives to curb pollution and promote sustainability. Leading food brands focusing on green credentials are also switchign to edible alternatives over petroleum-based packaging formats.
Edible Packaging Market - Major Driver: Growing Consumer Preference for Sustainable and Eco-Friendly Products
The growing concern regarding environmental pollution caused by conventional plastic packaging materials has led to increased demand for sustainable alternatives. Edible packaging provides a solution as it reduces waste and is biodegradable. Consumers, especially millennials and generation Z, are more inclined towards brands that are sustainable and environmentally responsible. They are willing to pay a premium for products with green credentials. Various studies have shown that over 70% of consumers check for sustainable packaging options before making a purchase. The trends clearly indicate shifting preferences towards plant-based and eco-friendly solutions. Edible packaging made from natural ingredients like seaweed and polysaccharides appeal to these conscious buyers. The biodegradable nature also creates positive brand image and differentiates product from competitors.
Edible Packaging Market - Major Opportunity: Partnerships with Food Manufacturers and Retailers
Collaborations with large food manufacturers and retailers present a major business opportunity for edible packaging producers. Most globally significant food brands are committed to sustainability goals and exploring green innovations. They deal in large volumes and have ability to considerably scale up viable projects. Technology partnerships to develop customized solutions for product categories like snacks, fresh produce, bakery and confectionery can massively boost volumes. Supplier agreements ensure off-take of production outputs. Joint product launches and marketing campaigns effectively promote the technology. Retailers have even more clout being the direct sales channel. Inclusion of edible packaged products in private labels allow prominence over competition. Shelf space allocation and promotions via loyalty programs amplify reach. Lower costs from bulk procurement of materials also benefits all stakeholders. Overall, strategic tie-ups with large corporates help circumvent challenges of initial commercialization and establish edible packaging as mainstream alternative.
Edible Packaging Market - Major Trend: Integration of Smart and Active Components
A key emerging trend in edible packaging development is the integration of smart and active components for enhancing functionality. Innovations allow real-time monitoring of food quality conditions like temperature, moisture, freshness etc during transportation and storage. Components like time-temperature indicators, freshness sensors and gas scavengers actively preserve quality. They can alert consumers of potential issues via smartphone apps. Advanced technologies like RFID tags additionally enable traceability of products. Active compounds having antioxidant, antimicrobial and other preservative properties are being fabricated into edible films and coatings. They naturally extend shelf-life without ad
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Top Companies Featured in This Report:
★ MonoSol
★ Kuraray Co. Ltd.
★ JRF Technology
★ WikiFoods Inc.
★ Safetraces Inc.
★ Tate and Lyle Plc.New Zealand Manuka Group
★ Hispanagar
★ Acroyali Holdings Qingdao Co., Ltd.,
★ Industrias Roko
★ S.A.
★ Neogen
★ Merck Group
★ Agarindo Bogatama
★ Setexam
★ Norevo GmbH.
Market Segmentation:
By Product Type:
★ By Material Type: Polysaccharides, Lipid, Surfactant, Protein Films, Composite FilmsForm: Strips, Powder
By Applications:
★ By ApplicationEnd Use Type: F&B Manufacturing, Fresh Food, Cakes & Confectionery, Dairy Products, Baby Food, Other Food Products, Pharmaceuticals, Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Inquiries Addressed in this Report include:
📈 What was the size of the Edible Packaging Market in 2024, and what is the projected value by 2031?
📈 What is the present global market landscape for the Edible Packaging Market?
📈 What strategies offer optimal opportunities for growth maximization in the business?
📈 What recent trends are shaping the Edible Packaging Market?
📈 How does the market share of Edible Packaging Market revenue, sales, and size vary across specific geographical regions?
📈 Who are the prominent industry players in the Edible Packaging Market?
📈 Which segment of the Edible Packaging Market is experiencing heightened demand?
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Edible Packaging sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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