Edible Packaging Market is encountering new opportunities & technological advancements by Key Market Players (Lactips, Merck Group, MonoSol, Neogen) | Forecast to 2030

According to a research report "Edible Packaging Market”, by Material Type (Proteins, Polysaccharides, Lipids, Composites, Others), Product Type (Edible Films, Edible Coatings, Edible Pouches & Sachets), End-Use Application (Food, Bakery & Confectionery, Beverages, Pharmaceuticals) & Region

Edible Packaging Market was valued USD 723.21 in 2023 and projected to reach USD 1,106.9 Million by 2030, growing at a CAGR of 6.27% during the forecast period of 2023-2030

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Browse in-depth TOC on "Edible Packaging Market" 

• 174 - Tables
• 89  - Figures
• 334 - Pages

Market Overview: The edible packaging industry is currently undergoing substantial growth and innovation due to growing environmental concerns, higher demand from consumers for sustainable packaging options, and advancements in food technology. Edible packaging refers to materials used for packaging that are safe for human consumption and can be eaten along with the food or drink they contain. This provides a sustainable alternative to traditional single-use packaging materials. There are various opportunities in the market, including expanding product offerings, supportive government regulations, collaboration, and technological advancements. However, some challenges need to be addressed in the edible packaging market, such as ensuring food safety, maintaining product integrity, and scaling up production processes.

Market Dynamics

Drivers:

• Rising consumer demand for sustainable products
• Stringent Government Regulations And Policies for Single Use Plastics
• Increasing Awareness Of Plastic Pollution And Environmental Concerns

Opportunities:

• Expansion Of Product Offerings
• Expansion into new markets, such as the pharmaceutical and cosmetics industries
• Increased education and awareness about edible packaging solutions

North America dominates & Europe is also prominent player in the market for Edible Packaging.

North America dominates the edible packaging market due to the region's high consumer awareness about sustainable packaging solutions, stringent regulations promoting eco-friendly practices, and the presence of major industry players. The United States and Canada have been in the lead of adopting edible packaging for various applications, including food and beverage, pharmaceuticals, and cosmetics. The Asia-Pacific region is expected to experience significant growth in the edible packaging market, driven by rising consumer demand for sustainable products and the expansion of the food and beverage industry. Europe is also a prominent market, with countries like Germany, France, and the United Kingdom leading the way in promoting eco-friendly packaging alternatives. The Middle East and Africa, as well as Latin America, are emerging markets for edible packaging, offering opportunities for market growth and expansion.

Top Key Players covered in the global market report:

• Acroyali Holdings Qingdao Co., Ltd.
• Evoware
• FlexSea
• JRF Technology, LLC
• Kuraray Co. Ltd
• Lactips
• Merck Group
• MonoSol
• Neogen
• New Zealand Manuka Group
• Norevo
• Notpla Ltd
• Nagase America LLC.
• WikiFoods Inc.
• XAMPLA

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Segmentations Analysis of Edible Packaging Market: -

• By Material Type
• By Product Type
• By End-Use Application
• By Region

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