Edible Packaging Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted March 25, 2024 by mansi3210

Edible packaging market is anticipated to grow at a significant CAGR of 6.9% during the forecast period.

 
Edible packaging market is anticipated to grow at a significant CAGR of 6.9% during the forecast period. The demand for processed food products is increasing due to which manufacturing of edible packaging is also rising Government initiatives towards eliminating the use of plastic packaging and to adopt alternative such as edible packaging and advancements in packaging solutions are the crucial factors enhancing the overall market gorwth. Edible packaging helps in reducing waste generated from plastic packaging as this type of packaing can be eaten alonn with food products. This is the major reason attracting maufacturers focus towards use of edible packaging for their food products offering. For instance, in november 2021, Gousto Recipe Box teamed with Xamplato trial, an edible film specifically engineered for a commercial stock (bouillon) cube packaging application in one of Gousto’s meal kits. The application is a world-first edible packaging solution to be made from pea protein. Product is a single layer film, designed for precise application. The edible stock cube packaging is being tested to replace Gousto’s existing stock mix sachets, for a packaging-free stock.


The cost of manufacturing edible packaging is high due to its benefits and increased popularity. In addition, The packaging needs to complete the sanitary requirements while in transit to maintain the hygiene which made the edible packaging costly. Moreover, the edible layers have high chances to catch dirt and germs and other harmful particles, which can infect and spoil the food product. Therefore, to protect the food product the companies have to spend a lot of money due to which the cost of edible packaging increases. High cost of the packaging machines and quality films used in edible packaging restrains the growth of edible packaging market worldwide.

To Request a Sample of our Report on Edible Packaging Market: https://www.omrglobal.com/request-sample/edible-packaging-market

Edible Packaging Market Segmentation

By Material

· Polysaccharides

· Lipid

· Protein Films

· Others (Composite Films and Surfactants)

By End-User

· Food & Beverage

· Pharmaceutical

· Others

A full Report of Edible Packaging Market is Available @ https://www.omrglobal.com/industry-reports/edible-packaging-market

Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· Amtrex Nature Care Pvt. Ltd.

· BluWrap

· EnviGreen Biotech Pvt. Ltd.

· Evo & Co.

· Glanbia Nutritionals Inc

· JRF Technology, LLC

· Lactips

· MonoSol, LLC

· Nagase America LLC.

· Notpla Ltd.

· SafeTraces, Inc.

· Skipping Rocks Lab

· Tate & Lyle PLC

· TIPA Corp Ltd.

· WikiCell Designs Inc.

· Watson, Inc.

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/edible-packaging-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Issued By Mansi
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Categories Business , Industry , Manufacturing
Last Updated March 25, 2024