Edible Films and coatings Market Size 2024: Global Share, Industry And Report Analysis By 2031 | Nagase America LLC Pace International, LLC PolyNatural Holding Spa.

Edible films and coatings market is anticipated to grow at a CAGR of 7.8% during the forecast period (2024-2031). The market growth is attributed to rising consumer consciousness about eco-friendly and sustainable products, and the implication of stringent policies, and regulations by the government on organic products, and packaging for environmental stewardship. Also, constant efforts by organizations to make business processes more sustainable in every aspect are creating demand for the product. Further, the market is expected to be influenced by advancements in films and coatings, the incorporation of additives, the increasing adoption of plant-based sources for film and coating production, and the use of nanomaterials.

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Globally, efforts are being made by governments to preserve the environment by imposing laws, policies, and partnerships on global platforms. Governments are setting deadlines and milestones for tackling issues such as waste disposal, biodiversity, plastic pollution, and others. The changing dynamics in the packaging and coatings industry are expected to influence the adoption of edible films and coatings across end-user industries. For instance, in November 2023, the European Parliament adopted revamped rules to reduce, reuse, and recycle packaging. Members of the European Parliament (MEPs) approved the report mandated to reduce packaging, restrict certain types, and ban the use of forever chemicals (highly toxic fluorinated chemicals). Also, targets were proposed in the regulation (5% by 2030, 10% by 2035, and 15% by 2040) to ban the sale of very lightweight plastic carrier bags (below 15 microns) unless required for hygiene reasons or provided as primary packaging for loose food to help prevent food waste.

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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Edible Films and Coatings Market by Type
o Barrier Films and Coatings
o Antimicrobial Films and Coatings
o Anti-browning Films
o Texture Enhancing Films
o Others

Global Edible Films and Coatings Market by Material
o Proteins
o Lipids
o Polysaccharides
o Composites

Global Edible Films and Coatings Market by Application
o Bakery and Confectionery
o Fruits and Vegetables
o Meat, Poultry, and Seafood
o Dairy Products
o Pharmaceuticals
o Others

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o The Middle East & Africa

Company Profiles
o Akorn Technology, Inc.
o Dohler GmbH.
o Flo Chemical Corp.
o Glanbia plc
o Ingredion, Inc.
o Nabaco, Inc.
o Nagase America LLC
o Pace International, LLC
o PolyNatural Holding Spa.
o Sufresca Ltd.
o Takikawa Oblate Corp. Ltd.
o Tate & Lyle PLC.

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global edible films and coatings market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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