Press release
Edible Films and Coatings Market Value Projected to Expand by 2031
Edible films and coatings market is anticipated to grow at a CAGR of 7.8% during the forecast period (2024-2031). The market for edible films and coatings is driven by changing industry sentiment to move toward plant-based sources to produce edible films and coatings. The factors contributing to the shift include a rise in the vegan and vegetarian consumer bases, improvements in plant-based films and coating properties, and the cost-effectiveness of the source. For instance, in April 2021, AgroFresh Solutions, Inc., a global producer of freshness solutions, launched VitaFreshTM Botanicals Life Ultra, a plant-based, edible coating that keeps produce fresh and reduces food loss and waste. Life Ultra's unique nanoemulsion technique produces smaller particles for better coating coverage and fruit protection. Embrapa Instrumentation, UFSCar, and QGP Química collaborated to create the nanoemulsion technology.Moreover, the change is expected to highly influence the bakery and confectionary industry owing to its high consumer base, strict regulatory standards, and frequent requirement of coatings. For instance, in August 2023, Foodberry, a Boston-based firm, developed a novel edible food packaging that protects all types of food, from hummus to ice cream. This layering not only extends the food's shelf life but also provides an environmentally friendly alternative to standard plastic packaging.
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Market Coverage
The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Function type
By Material
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape - Glanbia plc, Ingredion, Inc., and Tate & Lyle PLC, among others
Edible Films and Coatings Market Report Segment
By Function type
Barrier Films
Antimicrobial Films
Anti-browning Films
Texture Enhancing Films
Others
By Material
Proteins
Lipids
Polysaccharides
Composites
By Application
Bakery and Confectionery
Fruits and Vegetables
Meat, Poultry, and Seafood
Dairy Products
Pharmaceuticals
Others
A full Report of Edible Films and Coatings Market is Available @ https://www.omrglobal.com/industry-reports/edible-films-and-coatings-market
Edible Films and Coatings Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Akorn Technology, Inc.
Dohler GmbH.
Flo Chemical Corp.
Glanbia plc
Ingredion, Inc.
Nabaco, Inc.
Nagase America LLC
Pace International, LLC
PolyNatural Holding Spa.
Sufresca Ltd.
Takikawa Oblate Corp. Ltd.
Tate & Lyle PLC.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
Contact Us:
Company name: Orion Market Reports
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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