Press release
A Deep Dive into Vegetable Parchment Paper Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
What Are the Market Size and Growth Forecast for the Vegetable Parchment Paper Market?The market size for vegetable parchment paper has experienced robust growth in the past few years. Its growth is projected to increase from $1.28 billion in 2024 to roughly $1.36 billion in 2025, showcasing a compound annual growth rate (CAGR) of 6.1%. This considerable growth in the historical period can be credited to a rise in the appeal of vegetable parchment paper within the food packaging sector. Other influencing factors include the accelerated growth of the processed food industry, heightened awareness towards the environment, growing requirements from the food industry, and a surge in customer demand for sustainable, high-quality parchment papers.
The market size of vegetable parchment paper is forecasted to witness robust growth in the upcoming years, reaching $1.71 billion by 2029 with a compounded annual growth rate (CAGR) of 5.8%. Factors contributing to this predicted growth during the forecast period include the burgeoning sector of food packaging, elevating levels of disposable income, an increase in plastic pollution, escalating demand for products of convenience, and heightened consciousness about health concerns. Key trends expected during this forecast period involve a demand for recyclable or biodegradable alternatives, recent advancements, technological innovation, growth of the bakery industries, and a shift in consumer preference towards products free from toxins.
What Is Contributing to the Growth of the Vegetable Parchment Paper Market?
The escalating needs of the food sector are anticipated to catalyze the growth of the vegetable parchment paper market. Comprising of farmers and an array of enterprises, the food industry is a complex network that delivers most of the worldwide food consumption. The industry's demand is growing, fuelled by a rising global population coupled with consumers' shifting choices towards convenience and a variety of dietary options. In this industry, the role of vegetable parchment paper is multi-dimensional; it aids effective food preparation, maintains consistency in cooking, promotes food safety, and supports environmental sustainability. For example, the United States Department of Agriculture reported that food expenditure in the US surged by 11.4% in 2021 and 3.4 percent in 2022 due to a significant increase in spending on food away from home, which climbed by 19% in 2021 and 8% in 2022. Hence, the expansion of the food industry is fuelling the vegetable parchment paper market. Growing consciousness regarding health issues is predicted to boost the vegetable parchment paper market further. Health issues include physical or mental conditions that could jeopardize the quality of life due to risk factor exposure or lifestyle choices. This awareness is increasing due to easier access to digital information, public health initiatives, and a more significant focus on preventative care by medical organizations. This amplified awareness is pushing the demand for vegetable parchment paper as consumers opt for more sustainable and non-toxic alternatives to conventional parchment paper, considering them safer. As reported by the International Food Information Council in May 2022, there was a significant upswing in the percentage of Americans following a diet or eating pattern in the last year, from 39% in 2021 to 52% in 2022. This surge in health awareness is thus propelling the vegetable parchment paper market's growth.
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Which Key Market Leaders Are Driving Vegetable Parchment Paper Industry Growth?
Major companies operating in the vegetable parchment paper market are Tesco Plc, Westrock Company, Nippon Paper Industries Co. Ltd., Reynolds Consumer Products Inc., Ahlstrom Oyj, Schweitzer-Mauduit International Inc., Antalis International, JK Paper Ltd., Delfort Group AG, Metsä Tissue, Seaman Paper Company, Nordic Paper GmbH, Pudumjee Paper Products Ltd., Paterson Pacific Parchment Company, The Griff Network, KRPA Holding CZ a.s., GrupASA, Expera Specialty Solutions, Scan Holdings Private Limited, Amol Paper Mills Pvt Ltd, Black Label Paper Company, Royal Paper Products Inc., Laufenberg GmbH, Cheever Specialty Paper And Film
What Are the Main Segments in the Vegetable Parchment Paper Market?
The vegetable parchment paper market covered in this report is segmented -
1) By Product Type: Bleached, Natural, Resin Treated, Other Product Types
2) By Classification: Plain Vegetable Parchment, Siliconized Genuine Vegetable Parchment
3) By Distribution Channel: Hypermarkets, Supermarkets, Specialty Stores, Online Stores, Other Distribution Channels
4) By Application: Food, Paper Industry, Other Applications
Subsegments:
1) By Bleached: Fully Bleached Vegetable Parchment Paper, Semi-Bleached Vegetable Parchment Paper
2) By Natural: Unbleached Vegetable Parchment Paper, Eco-friendly Natural Vegetable Parchment Paper
3) By Resin Treated: Silicone Resin Treated Vegetable Parchment Paper, Wax Resin Treated Vegetable Parchment Paper
4) By Other Product Types: Colored Vegetable Parchment Paper, Uncoated Vegetable Parchment Paper
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Which Geographic Area Leads the Vegetable Parchment Paper Market?
North America was the largest region in the vegetable parchment paper market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vegetable parchment paper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Vegetable Parchment Paper Global Market Report?
- Market Size Analysis: Analyze the Vegetable Parchment Paper Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Vegetable Parchment Paper Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Vegetable Parchment Paper Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Vegetable Parchment Paper Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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