Global Edible Packaging Market, By Source (Plant, Animal), Raw Material (Seaweeds & Algae, Polysaccharides, Lipids), Packaging Process (Antimicrobial, Nanotechnology, Electro hydrodynamic, Coatings, Microorganisms), End User (Food & Beverages, Pharmaceuticals) – Industry Trends and Forecast to 2029.
Edible Packaging Market Analysis and Size
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 packaging market.
Data Bridge Market Research analyses that the edible packaging market which was growing at a value of 586.56 million in 2021 and is expected to reach the value of USD 900.19 million by 2029, at a CAGR of 5.50% during the forecast period OF 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Edible Packaging Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Source (Plant, Animal), Raw Material (Seaweeds & Algae, Polysaccharides, Lipids), Packaging Process (Antimicrobial, Nanotechnology, Electro hydrodynamic, Coatings, Microorganisms), End User (Food & Beverages, Pharmaceuticals)
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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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Market Players Covered
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Monosol LLC (U.S.), JRF Technology (U.S.), Evoware (U.S.), Tipa Corp. (Israel), Nagase America (U.S.), Notpla Ltd. (U.K.), Avani (Indonesia), Wikicell Designs (U.S.), Amtrex Nature Care Pvt. Ltd. (India), EnviGreen Biotech Pvt. Ltd. (India), Regeno Bio-Bags (India), Devro Plc (U.K.), Apeel Sciences (U.S.), Coolhaus (U.S.), Do Eat (Belgium), Ecoactive (U.S.), Mantrose UK Ltd. (U.K.), Tomorrow Machine (Sweden), and Lactips (France)
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Opportunities
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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 packaging 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 Packaging Market Dynamics
Drivers
- Growing emphasis on plastic reduction and rising adoption of sustainable packaging
Edible packaging benefits the environment because the user can eat the package along with the food product, reducing packaging waste. Food containers and packaging contribute approximately 30.2 percent of household waste, according to the Environmental Protection Agency (EPA). Edible packaging also includes packaging films made of milk proteins, vitamins, proteins, and probiotics, which contain essential nutrients and can provide an oxygen barrier to the food, preventing contamination. Plastic emissions and waste are considered harmful to the environment because plastic recycling takes a long time. All of these factors have contributed to the growth of the edible packaging market.
- Technological advancements in packaging industry
The edible packaging market is still in its early stages, and various advancements are being made. The use of nano technological solutions such as nano encapsulation and multifaceted systems improves the nutritional value of food. The nano encapsulation of active composites with edible coverings protects the food from moisture and heat while also preventing other particles from entering the food.
Opportunity
Over the last few years, there has been an increase in the demand for processed food products. To improve the taste and flavour of the foods, these food products contain added sugar, fats, oils, and salts. Furthermore, processed foods require longer shelf life packaging, which edible coatings can provide. The use of edible films and coatings is expected to drive the edible packaging market growth due to the high consumption of processed foods.
Restraints
The cost of producing edible packaging is high because the packaging must meet sanitary standards while in transit. Furthermore, the edible layers are more likely to collect dirt, germs, and other harmful particles that can contaminate the food product. As a result, companies must spend a lot of money to keep those layers from catching dirt and germs.
This edible packaging 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 packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Edible Packaging 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. Due to 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. As there was a high demand for nutritious food, sales of fruits and vegetables increased during the 2020 lockdown. As a result, the use of edible packaging has been sustained.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- 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.
Global Edible Packaging Market Scope
The edible packaging market is segmented on the basis source, raw material, packaging process & end-user. 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.
Source
- Plant
- Animal
Raw material
- Seaweeds & Algae
- Polysaccharides
- Lipids
Packaging Process
- Antimicrobial
- Nanotechnology
- Electro hydrodynamic
- Coatings
- Microorganisms
End users
- Food and beverages
- Pharmaceuticals
Edible Packaging Market Regional Analysis/Insights
The edible packaging market is analysed and market size insights and trends are provided by country, source, raw material, packaging process & end-user as referenced above.
The countries covered in the edible packaging 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 packaging.
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.
Competitive Landscape and Edible Packaging Market Share Analysis
The edible packaging 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 packaging market.
Some of the major players operating in the edible packaging market are:
- Monosol LLC (U.S.)
- JRF Technology (U.S.)
- Evoware (U.S.)
- Tipa Corp. (Israel)
- Nagase America (U.S.)
- Notpla Ltd. (U.K.)
- Avani (Indonesia)
- Wikicell Designs (U.S.)
- Amtrex Nature Care Pvt. Ltd. (India)
- EnviGreen Biotech Pvt. Ltd. (India)
- Regeno Bio-Bags (India)
- Devro Plc (U.K.)
- Apeel Sciences (U.S.)
- Coolhaus (U.S.)
- Do Eat (Belgium)
- Ecoactive (U.S.)
- Mantrose UK Ltd. (U.K.)
- Tomorrow Machine (Sweden)
- Lactips (France)
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