Edible Packaging Market Projected to Grow to USD 1.28 Billion by 2030, with a 5.7% CAGR

Estimated Revenue Growth:

August 14, 2024 - The Edible Packaging market size was valued at USD 866 Mn. in 2023 and is expected to reach USD 1276.56 Mn. by 2030, at a CAGR of 5.7%.

Edible Packaging Market Overview:

Packaging for food that is meant to be consumed or biodegraded in the same way as the food it holds is called edible packaging. The substance is thin and may be consumed by the customer as a component of the entire food product. With no need for processing, recycling, packaging trash collection, or disposal, the packaging is mostly composed of naturally occurring, biodegradable, plant-based elements that are safe to consume.

𝐔𝐧𝐥𝐨𝐜𝐤 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐎𝐮𝐫 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰:https://www.stellarmr.com/report/req_sample/edible-packaging-market/2342

What are Edible Packaging Market Dynamics?

Market Drivers for Edible Packaging

The edible packaging market is expanding due to its growing use in pharmaceutical and beverage applications.

Edible films, coatings, and pouches are being developed by the beverage and pharmaceutical industries for various applications. In the beverage industry, edible films and coatings may be added to bottles and cups to decrease plastic waste and provide a more sustainable product. Edible pouches are being developed to replace the tiny plastic packets that are now used for single-serve beverages. Additionally, edible coatings can be applied to tablets and capsules to make them simpler to swallow and disguise undesirable odors. In the pharmaceutical industry, edible films can be used to package single-dose medications, doing away with the need for wasteful plastic containers and facilitating delivery without interruption.

Gelatin, which is frequently used in medications and food items and is created by boiling the skin and bones of cows and pigs, is the main component of traditional capsules. Because they are inexpensive to create, gelatin-based capsules are commonly accessible in the market. The FDA states that eating food containing gelatin is safe, despite the lack of a recommended amount. In the UK, KFC introduced edible coffee cups covered in sugar paper and composed of cookie and white chocolate.

What is Edible Packaging Market Regional Insight?

The pharmaceutical and processed food industries, the presence of significant manufacturers, and the increasing degree of innovation in this field allowed the North American region to have the greatest market share of XX% in 2023. Because the area has a thriving food processing sector that generates a significant amount of food waste that can be utilized as raw material, it is now simpler for manufacturers to locate the raw materials needed to build edible packaging solutions. The entire area is likewise investing in research and development to enhance packaging. The region's quick growth can be attributed to the government policies that suit this packaging material well.

What is Edible Packaging Market Segmentation?

by Material Type

Polysaccharides
Lipid
Surfactant
Protein Films
Composite Films

by Source

Plant
Animal

By Product Type

Films
Coatings
Spoon & Fork
Others

by Packaging Process

Antimicrobial
Nanotechnology
Electro hydrodynamic
Coatings
Microorganisms

by End User

Food & Beverages
Fresh Food
Cakes & Confectionery
Baby Food
Dairy Products
Pharmaceuticals
Other

𝐅𝐑𝐄𝐄 𝐆𝐞𝐭 𝐚 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰! @https://www.stellarmr.com/report/req_sample/edible-packaging-market/2342

Some of the current players in the Edible Packaging Market are:

MonoSol, LLC
XAMPLA
Notpla Ltd.
JRF
Wikicell Designs
Amtrex Nature Care Pvt. Ltd.
Evoware
Biome Bioplastics
Tipa Corp.Lactips
FlexSea
Coolhaus
Nagase America

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐢𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐥𝐞𝐚𝐬𝐞 𝐕𝐢𝐬𝐢𝐭:https://www.stellarmr.com/report/edible-packaging-market/2342

Key Questions answered in the Edible Packaging Market Report are:

Which region held the largest Edible Packaging Market share in the Edible Packaging Market?
What is the expected Edible Packaging Edible Packaging Market size by 2030?
Which factors are the opportunities for the Edible Packaging Edible Packaging Market growth?
What are investment opportunities for the Edible Packaging Edible Packaging Market?
What are the recent industry trends that were implemented to generate additional revenue streams for the Edible Packaging Market?
Which segment dominates the Edible Packaging Market?

Key Offerings:

Past Market Size and Competitive Landscape
Edible Packaging Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Edible Packaging Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Popular Reports:

Prebiotics Market https://www.stellarmr.com/report/Prebiotics-Market/1188

Renewable Chemicals Market https://www.stellarmr.com/report/Renewable-Chemicals-Market/1189

Professional Audio Equipment Market https://www.stellarmr.com/report/Professional-Audio-Equipment-Market/1190

Reservoir Analysis Market https://www.stellarmr.com/report/Reservoir-Analysis-Market/1191

Rubidium Market https://www.stellarmr.com/report/Rubidium-Market/1192

Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,

Pinnac Memories Fl. No. 3, Kothrud, Pune,

Pune, Maharashtra, 411029

sales@stellarmr.com

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.