Press release
Edible Packaging Capturing Global Attention; Market Forecast to Reach US$ 1,320.1 Mn by 2024
Browse through the full report on http://www.transparencymarketresearch.com/edible-packaging-market.html
Edible packaging is a breakthrough in the field of food packaging, which creates zero waste after consumption of food product. Due to speedy urbanization and industrialization, the edible packaging market is undergoing technological advancements. New and innovative developments, which includes production of edible packages that holds light-weight packaging, are accumulating value to the edible packaging market. The edible packaging market has grown at a rapid pace over the past few years and is likely to observe stupendous growth during the forecast period. High consumption of accessibility and fresh food like fruits has been the major growth drivers of the global edible packaging market. Rising consciousness about good quality and user friendly factors have become consumer’s foremost urgency. This has inclined the demand for edible packaging across the world.
For an exclusive sample of this report, fill the information @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12899
Rising household income as well as preference to spend for products which has minimal wastage are anticipated to induce the growth of global edible packaging market during the forecast period. Apart from this, rapid advancement in the developing economies along with higher population growth are anticipated to bolster the growth of global edible packaging market during the period 2016-2026. North America is estimated to be valued at US$ 281.9 Mn and is expected to expand at a CAGR of 5.9% during the forecast period. The mature markets i.e. APAC and Europe is highly regulated and likely to create a substantial demand of edible packaging worth over US$ 361.2 Mn in 2016, approximately 5% higher than the previous year.
Consumption of edible packaging market in Asia Pacific is expected to increase 99BPS during the period. In North America, U.S. is likely to continue to dominate the market for edible packaging. This country not only consumes edible packaging in large volume, but is also the largest manufacturer in the region. Apart from domestic consumption, North American countries also account for a substantial share in global edible packaging.
The key participants in the global edible packaging market are MonoSol, LLC. (Kuraray Co. Ltd.) , WikiCell Designs Inc., WATSON-INC., JRF Technology, LLC, Tate and Lyle Plc, and Quadpack Industries.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Edible Packaging Capturing Global Attention; Market Forecast to Reach US$ 1,320.1 Mn by 2024 here
News-ID: 463716 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Edible
Evolving Market Trends In The Edible Flakes Industry: Darrell Lea's Latest Creat …
The Edible Flakes Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Edible Flakes Market Size During the Forecast Period?
The market size for edible flakes has seen pronounced expansion in the past several years. The projections show an increase from $23.68 billion…
Edible-Packaging Market Consuming the Future: Innovation Drives Growth in the Ed …
Edible-Packaging Market
Edible-packaging Market to reach over USD 1054.60 million by the year 2031 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Alcoholic Energy Drinks Market Size, Share & Trends Analysis Report By End Users (Food (Fresh Foods, Bakery & Confectionery Products, Frozen Foods), Beverages (Non-Alcoholic Beverages, Alcoholic Beverages),
And Pharmaceuticals), Packaging Process (Plant And Animal), And…
Edible Cutlery Manufacturing Business
In today's world, packaging and carrying products play an important role in the food and packaging industry. But the conventional or regular plastic is harming the eco-system badly. To solve these problems, companies are introducing biodegradable plastic materials, edible containers, plant tissue containers for the betterment of the environment. One Indian company, Bakey’s has launched the edible cutlery, manufactured using grains, pulses, millets. And now, as the demand for…
Edible Insects as a Whole to Witness Highest Growth in the Global Market for Edi …
As per the report by Persistence Market Research (PMR), the global market for edible insects is likely to witness strong growth during 2017-2024. Towards the end of 2024, the global edible insects market is estimated to bring in more than US$ 700 Million revenue.
Edible insects have been a part of the human diet since a long time. Majority of scientific research has also proved that edible insects have contributed to…
Global Edible Fungus (Edible Products) Market Analysis 2018-2025 | HuBei SenYuan …
Qyresearchreports include new market research report "Global Edible Fungus (Edible Products) Market Professional Survey Report 2018" to its huge collection of research reports.
This report studies the global Edible Fungus (Edible Products) market status and forecast, categorizes the global Edible Fungus (Edible Products) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and…
Global Edible Packaging Market Growth
According to a new report Global Edible Packaging Market (2017-2023), published by KBV Research, the global Edible Packaging Market is expected to attain a market size of $1.0 billion by 2023, growing at a CAGR of 4.3% during the forecast period.
The Food & Beverages market dominated the Global Edible Packaging Market by End User in 2016, and would continue to be a dominant market till 2023. The Pharmaceutical market is…
