Category

Edible Packaging Market - Forecast From 2019 To 2024

114 pages
Published on : Jun 2019
Report Code : KSI061612679

Description

Edible packaging refers to an alternative to conventional packaging wherein the packaging itself is safe for human consumption. The concept of edible packaging was created to eliminate waste that accumulates after consuming packaged food products. Besides from the perspective of eliminating waste, edible packaging can be utilised for multiple applications such as product quality, stability, safety, convenience for consumers, etc. the demand for edible packaging is expected to increase on account of the rising consumption of processed food around the world. The growing concern regarding the waste created through conventional forms of packaging is projected to improve the demand of the edible packaging market. Furthermore, the intensifying hygiene concerns around the globe is poised to create new avenues for the edible packaging market. The developing technological advancements fuelled through the increasing investments in research and development of edible packaging is poised to create new opportunities for the market. Geographically, the North American region is estimated to hold a significant share of the market owing to the early use as well as the production of the packaging process in the region. The Asia-Pacific region is anticipated to have a high growth rate during the forecast period due to the rise in the standard of living coupled with the growing consumption of processed food products in the region.

DRIVERS

Growing need to reduce waste caused by conventional packaging

Developing concerns about hygiene

RESTRAINTS

High costs

Stringent government regulations

The major players profiled in the Edible packaging market include Kuraray Co. Lyd., Tate and Lyle Plc, JRF Technology, LLC, WikiCell Designs, Pace International LLC, Safetraces, Inc., Tipa Corp, Watson, Inc., Devro plc, Interpack, Nagase & Co. Ltd, Ingredion Inc, Evoware, Coveris Holdigs, Dupont de Nemours and Company

Segmentation

The Edible packaging market has been analyzed through the following segments:

By Material

Polysaccharides

Lipid

Surfactant

Protein Films

Composite Films

By Application

Food and Beverage

Pharmaceutical

Others

By Geography

North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

Germany

France

United Kingdom

Spain

Others

Middle East and Africa

Saudi Arabia

Israel

Others

Asia Pacific

China

Japan

South Korea

India

Others

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