Edible Packaging Market Forecast 2020 – 2027 Top Key Players Analysis


Posted November 17, 2020 by shaqibakram

The rising disposable income, the increasing emphasis on minimizing packaging waste materials, and growing the shelf life of the food products are certain factors driving the growth of the global edible packaging market.

 
This study of the market provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the industry. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

The report offers detailed profile and data information analysis of the leading companies in the Edible Packaging Market:

WikiCell Designs Inc
MonoSol LLC
Tate & Lyle Plc
JRF Technology LLC
Safetraces, Inc.
BluWrap
Tipa Corp
Ingredion, Inc.
Watson, Inc.
Notpla Ltd.
Devro plc
The key drivers of the Edible Packaging Market are as follows:

The rising disposable income, the increasing emphasis on minimizing packaging waste materials, and growing the shelf life of the food products are certain factors driving the growth of the global edible packaging market. Moreover, the increasing consumption of processed food products, along with the growing hygiene-related issues among consumers, will have a positive influence on the potential growth of the market. The drastic shift in the consumption pattern of the consumers, coupled with the rising awareness about health, hygiene, quality, and food safety, is promoting the target consumers to opt for edible packaging materials to protect the environment and boost the shelf life of the products. In addition to this, the strong demand for ready-to-eat food products and the rapid advancement in the packaging technologies to cater to the shift in the preference of the consumers will create various growth opportunities during the forecast period. Additionally, several initiatives introduced by the governments to encourage the usage of edible packaging materials to protect the environment is one of the factors fuelling the demand of the market. On the other hand, the high cost of edible packaging materials will hamper the growing demand of the market.

The study objectives of this report are:

To study and forecast the size of the market.
To analyze the key players, SWOT analysis, value, and market share for the leading players.
To define, describe, and forecast the market by different segments.
To analyze the market potential and advantage, opportunity and challenge, restraints and risks.
Segmentation of the Edible Packaging Market:

Breakup by Raw Material:

Seaweeds & Algae
Polysaccharides
Lipids
Others
Breakup by Source:

Plant
Animal
Breakup by End-Use:

Food
o Fresh Food

o Bakery & Confectionery

o Frozen Foods

o Others

Beverage
o Non-Alcoholic Beverages

o Alcoholic Beverages

Pharmaceuticals
Breakup by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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Last Updated November 17, 2020