Global Edible Films and Coatings Market Segmentation, By Ingredient Type, (Protein, Polysaccharides, Lipids, Composites), Application (Dairy products, Bakery and Confectionery, Fruits and Vegetables, Meat, Poultry, and Seafood, Other Applications) – Industry Trends and Forecast to 2031.
Edible Films and Coatings Market Analysis
Food manufacturers have increased their efforts to increase shelf life and improve existing packaging technology, ensuring microbial safety and food preservation from the influence of external factors. As a result, manufacturers' new product innovations are expected to contribute to the market growth of the edible films and coatings market.
Edible Films and Coatings Market Size
Global edible films and coatings market size was valued at USD 3.01 billion in 2023 and is projected to reach USD 4.97 billion by 2031, with a CAGR of 6.50% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Edible Films and Coatings Key Market Insights
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Segmentation
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Key Market Players
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Bayer AG (Germany), H.C. Starck GmbH (Germany), AGC SEIMI CHEMICAL CO., LTD. (Japan), BASF SE (Germany), DuPont (US), Merck & Co., Inc. (US), Evonik Industries AG (Germany), Sumitomo Chemical Co., Ltd. (Japan), Heliatek GmbH (Germany), Novaled GmbH. (Germany), AU Optronics Corp., (Taiwan), Graphic Packaging International, LLC (US), WestRock Company. (US), Smurfit Kappa (Irenland) and Krones AG (Germany), Amcor plc (Switzerland), Graham Packaging Company. (US), Sonoco Products Company (US), Parker Hannifin Corp. (US) and Berry Global Inc. (US)
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Market Opportunities
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Edible Films and Coatings Market Definition
The edible coating is a green technology that is used on a variety of products to control moisture transfer, gas exchange, and oxidation processes. One significant advantage of using edible films and coatings is that several active ingredients can be incorporated into the polymer matrix and consumed with food, thereby improving safety or even nutritional and sensory properties.
Edible Films and Coatings Market Dynamics
Drivers
- Rising adoption of sustainable packaging to reduce carbon footprints
Due to the growing environmental concerns, green packaging has gained traction in the majority of countries. Rising transportation and energy costs are also contributing to the market's expansion. Furthermore, negative consumer perceptions of conventional packaging and government pressure to shift toward eco-friendly materials have fuelled market growth. Several brands have implemented green packaging solutions in recent years to reduce their carbon footprint.
Growing demand in various applications
Due to their inherent advantages, such as quality control, durability, hygiene, and preservation, these systems are widely used in a variety of applications, including bakery and confectionery, meat, seafood, and poultry, dairy, and grains. The product is becoming more widely used in end-use industries, particularly in Asia Pacific, where rising domestic manufacturing and consumer income levels are driving innovation in this sector.
Opportunity
Stringent government regulations, packaging industry downsizing, and technological advancements in the packaging industry for the production of packaging using non-petroleum products are driving the market for eco-friendly food packaging. Additionally, innovative products such as edible packaging and water-soluble packaging are fuelling the market for eco-friendly food packaging.
Restraints
High production costs and fluctuating raw material prices will act as a restraint on the growth of the global edible films and coatings market. Lockdowns imposed as a result of the COVID-19 pandemic have shut down operations across economies, causing significant market restraint.
This edible films and coatings market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the edible films and coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Edible Films and Coatings Market
The COVID-19 pandemic has created opportunities for many private players to enter markets in order to meet the increased demand for food products. As a result, manufacturers of food ingredients, including coatings, benefited. Because of the associated convenience of storage, usage, and rapid provision of nutrition and energy on consumption, the demand for innovative snack products has been consistently high in developed countries. As a result, such factors are propelling the market forward during these turbulent times. Because there was a demand for nutritious food, sales of fruits and vegetables increased during the 2020 lockdown. As a result, the use of edible films and coatings has been sustained.
Edible Films and Coatings Market Scope
The edible films and coatings market is segmented on the basis ingredient type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Ingredient Type
- Protein
- Polysaccharides
- Lipids
- Composites
Application
- Dairy products
- Bakery and Confectionery
- Fruits and Vegetables
- Meat
- Poultry
- Seafood
- Other Applications
Edible Films and Coatings Market Regional Analysis
The edible films and coatings market is analyzed and market size insights and trends are provided by country, ingredient type and application as referenced above.
The countries covered in the edible films and coatings market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America will lead the market in terms of value share over the forecast period. Its dominance will result in a large market share claim. A moderate rate of growth would be registered. Asia-Pacific (APAC) region will experience very rapid growth during the forecast period, with massive contributions owing to high demand for xanthan gum. It is one of the most widely distributed films in the country. The region as a whole is also investing in research and development to create better films and coatings.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Edible Films and Coatings Market Share
The edible films and coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to edible films and coatings market.
Edible Films and Coatings Market Leaders Operating in the Market Are:
- Bayer AG (Germany)
- H.C. Starck GmbH (Germany)
- AGC SEIMI CHEMICAL CO., LTD. (Japan)
- BASF SE (Germany)
- DuPont (US)
- Merck & Co., Inc. (US)
- Evonik Industries AG (Germany)
- Sumitomo Chemical Co., Ltd. (Japan)
- Heliatek GmbH (Germany)
- Novaled GmbH. (Germany)
- AU Optronics Corp., (Taiwan)
- Graphic Packaging International, LLC (US)
- WestRock Company. (US)
- Smurfit Kappa (Irenland)
- Krones AG (Germany)
- Amcor plc (Switzerland)
- Graham Packaging Company. (US)
- Sonoco Products Company (US)
- Parker Hannifin Corp. (US)
- Berry Global Inc. (US)
Latest Developments in Edible Films and Coatings Market
- BASF launched Joncryl HPB (High-Performance Barrier) in 2021; according to the company, this product is a water-based liquid barrier coating that plays an important role in the latest packaging trends and natural resource conservation. The goal of this new launch was to grow the company's business
- Sufresca, an Israeli startup that creates edible fruit and vegetable coating solutions to reduce food waste and plastic packaging, received USD 500,000 in seed funding from agri-food tech venture capital firm Rimonim in 2020. The company intends to use this investment to commercialise fresh produce edible coatings
- NatureSeal, a subsidiary of Mantrose-Haeuser Co., Inc., launched sulfite-free solutions to keep cut potatoes, cut sweet potatoes, and other root vegetables fresh for up to 21 days in October 2020. NatureSeal cut potato freshness extenders are simple to use in the processing plant. It's organic, free of allergens, and Kosher
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