Edible Films and Coating Market Expected to Dominate Worldwide by 2025
Edible films and coating is segmented on the basis of ingredient types which includes protein base, polysaccharides base and lipids base. Among all these segments protein base edible films is expected to be the major segment in terms of revenue generation as compared to others. Protein base edible films comprises high advantages such as it can be used for the individual packaging of small portions of food, can be applied inside heterogeneous foods at the interfaces between different layers of components, can function as carriers for antimicrobial and antioxidant agents and many others is predicted to support its growth during the forecast period. Moreover, polysaccharides base is expected to show a substantial growth in the near future. On the basis of type protein base edible films is sub segmented as collagen films, gelatin films, wheat gluten films, soy protein films and others (corn zein films and casein films). Among all these sub segment soy protein is expected to contribute major share in edible protein edible films market. Polysaccharides edible films is also sub segmented as pectin chitosan, alginate, starch, cellulose and dextrin. In addition lipids for use in films include fatty acids, acylglycerol and waxes.
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Edible films and coating is further segmented on the basis of application which includes meat and poultry products, bakery products, confectionery products, fruits and vegetables, flavor encapsulation and nutraceutical products. Among all these segment bakery product is expected to contribute major share in edible films market followed by confectionery products. Moreover, nutraceutical industry is predicted to show a healthy growth during the forecast period. Edible films are ultra-portable and convenient, especially for children and the elderly who may have difficulty swallowing pills, which is expected to support the growth of edible films market in nutraceutical products.
Geographically North America edible film and coating market is well established. The region is expected to contribute highest in terms of revenue. In North America Us is expected to account for major market share followed by Canada. Europe is expected to be emerging market for edible films and coating during the forecast period. Growing nutraceutical industry in the European countries is expected to be the driving factor for edible films and coating market in the future. In developing region such as Asia Pacific is predicted to show a healthy growth during the forecast period. China is expected to be the major contributor in terms of revenue in edible films and coating market followed by Japan.
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Edible Films and Coating Market Drivers
High advantages of edible films and coating material such as it act as masking agent, it is ultra-portable convenient and others is expected to fuel the growth of edible films and coating material market during the forecast period. Moreover, increased demand for those edible products with long shelf life is also predicted to fuel the growth of edible films and coating market during the forecast period.
Edible Films and Coating Market Key Players
Some of the major players operating in edible film and coating material market includes Tate and Lyle Plc, WATSON-INC, Tsukioka Film Pharma Co., Ltd, JRF Technology, LLC, MonoSol, LLC among others.
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