Edible Packaging Market Industry Size, Cost Estimation, Growth Rate, Supply, Revenue, Top Key Players and Forecast till 2029


Posted September 5, 2023 by harshada

Edible Packaging Market was worth US$ 597.94 Mn in 2022 and total revenue is expected to grow at a rate of 4.3 % CAGR from 2023 to 2029, reaching almost US$ 802.88 Mn in 2029.
 
Edible Packaging Market Overview:

The Edible Packaging Market research provides a comprehensive insight into the competition, including the market share and company profiles of the world's biggest rivals. The research scope covers a comprehensive examination of the Edible Packaging Market, as well as the causes for variances in the industry's growth across a variety of sectors.

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Market Scope:

Top-down and bottom-up approaches are used to validate market size and estimate market size by segment. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.

Dynamics:

By allowing the customer to consume the package together with the food product, edible packaging reduces waste and benefits the environment. The Environmental Protection Agency (EPA) estimates that 30.2 percent of household waste is made up of food containers and packaging. Edible packaging also includes films made of milk proteins, vitamins, proteins, and probiotics, which give essential nutrients and can act as an oxygen barrier for the food, preventing contamination. Plastic emissions and waste are considered harmful to the environment since plastic recycling takes a long time. Each of these elements has contributed to the market for edible packaging growing.

Segmentation:

by Material Type
Polysaccharides
Lipid
Surfactant
Protein Films
Composite Films
Others

by End-user
Food & Beverages
Fresh Food
Cakes & Confectionery
Baby Food
Dairy Products
Pharmaceuticals
Others

by Source
Plant
Animal

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Key Players:

Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.

The biggest players in the Edible Packaging Market are as follows:

1. Nagase & Co. Ltd.
2. Pace International LLC
3. WikiCell Designs Inc.
4. MonoSol LLC
5. Tipa Corp.
6. Watson Inc.
7. Devro plc.
8. Tate & Lyle Plc.
9. JRF Technology LLC
10. Safetraces, Inc.
11. BluWrap
12. Skipping Rocks Lab
13. Interpack
14. Evoware
15. Coveris Holdigs
16. Dupont de Nemours and Company
17. Ingredion Inc
18. Notpla Ltd.
19. Avani
20. Amtrex Nature Care Pvt. Ltd.
21. EnviGreen Biotech Pvt. Ltd.
22. Regeno Bio-Bags
23. Apeel Sciences
24. Coolhaus

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Regional Analysis:

Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Edible Packaging Market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.

Key Questions Answered in the Edible Packaging Market Report are:

In 2022, which segment accounted for the most share of the Edible Packaging Market?
What is the competitive landscape of the Edible Packaging Market?
What are the key factors influencing Edible Packaging Market growth?
In the Edible Packaging Market, which region has the most market share?
What will be the CAGR of the Edible Packaging Market during the forecast period (2023-2029)?
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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By harshada
Country India
Categories Advertising , Blogging , Food
Tags edible packaging market size , edible packaging market share , edible packaging market analysis
Last Updated September 5, 2023