Edible Packaging: Technology & Market Intelligence

December 22, 2020
- Life Sciences

Edible Packaging is a film or coating which is in form of a continuous layer of edible material that can be on or between food components that can be consumed as a part of a whole food product.

The use of biodegradable packaging materials in foods is anticipated to have a promising future, as edible/biodegradable packaging will provide foods with natural security in compliance with unique packaging specifications.

Overview

Edible Packaging is a film or coating which is in form of a continuous layer of edible material that can be on or between food components that can be consumed as a part of the whole.

Need for Edible Packaging

Consumers demand eco-friendly packaging solutions
Need for sustainability in food packaging
Increase in packaging waste posing environmental hazard
Decreasing dependency on fossil fuel-based polymers
Avoiding recycling challenges associated with polyolefin packaging
Recycling biomass waste

Market Insights

The global market of edible packaging is USD$ 810.6 Mn (2019).
Asia-pacific is expected to show the highest growth rate of 8.0% CAGR (2019-2025).
The plant shows the highest growth in source type.
Seaweeds and algae in the raw material segment show a high revenue-generating segment of USD 682.9 Mn (2025)
The polysaccharides segment is growing with a CAGR of 8.1% (2019-2025).
By process, the antimicrobial packaging segment is expected to generate the highest revenue USD 453.0 Mn (2025).
By end-user, food & beverages are expected to register a growth of CAGR of 7.1% (2019-2025).

Author

TT Consultant

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