Edible Packaging Market set to recoup post COVID-19 [Edible Packaging Market]
November 29, 2021/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Edible Packaging Market over the trend period from 2014 to 2019 and the forecast period from 2020 to 2025. The insights of the report shall enable indecision-making making and strategy formulation for the near future to capitalize on the opportunities.
Edible Packaging Market Overview:
Edible Packaging market is likely to witness a healthy CAGR of 6.1% during the forecast period.
Drivers
• The prime factors contributing to the high growth of edible packaging are mainly the increasing demand for recyclable packaging to reduce the usage of single-use plastics
• Increasing consumption of packed food products and advancement in technologies for new packaging methods.
Segment Analysis
By Material Type
The market is segmented into lipids, polysaccharides, proteins, and others. The polysaccharide-based edible packaging held the largest share of the market in 2019 and is expected to remain dominant during the forecast period. Starch is a polysaccharide that is widely used for making edible packaging.
By Form Type
The edible packaging market is segmented as film and coating. The edible film segment is expected to remain the larger segment of the market during the forecast period, owing to its wider applications in various end-use industries.
By End-Use Industry Type
The market is segmented as food, beverage, and pharmaceuticals. Food & beverage was the major end-use industry for the edible packaging market in 2019 and is expected to remain dominant during the forecast period as well. Edible packaging is widely used in the food & beverage industry for packing and protecting various food items such as vitamins, enzymes, food colors, food additives, beverage mixes, and soup.
By Region
North America is expected to remain the dominant region in the market in the coming five years as the region is the early adopter of edible packaging solutions. The USA will continue to propel the demand for edible packaging in the region over the next five years.
Get access to deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/943/edible-packaging-market.html#form
About Stratview Research
Stratview Research is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
Edible Packaging Market Overview:
Edible Packaging market is likely to witness a healthy CAGR of 6.1% during the forecast period.
Drivers
• The prime factors contributing to the high growth of edible packaging are mainly the increasing demand for recyclable packaging to reduce the usage of single-use plastics
• Increasing consumption of packed food products and advancement in technologies for new packaging methods.
Segment Analysis
By Material Type
The market is segmented into lipids, polysaccharides, proteins, and others. The polysaccharide-based edible packaging held the largest share of the market in 2019 and is expected to remain dominant during the forecast period. Starch is a polysaccharide that is widely used for making edible packaging.
By Form Type
The edible packaging market is segmented as film and coating. The edible film segment is expected to remain the larger segment of the market during the forecast period, owing to its wider applications in various end-use industries.
By End-Use Industry Type
The market is segmented as food, beverage, and pharmaceuticals. Food & beverage was the major end-use industry for the edible packaging market in 2019 and is expected to remain dominant during the forecast period as well. Edible packaging is widely used in the food & beverage industry for packing and protecting various food items such as vitamins, enzymes, food colors, food additives, beverage mixes, and soup.
By Region
North America is expected to remain the dominant region in the market in the coming five years as the region is the early adopter of edible packaging solutions. The USA will continue to propel the demand for edible packaging in the region over the next five years.
Get access to deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/943/edible-packaging-market.html#form
About Stratview Research
Stratview Research is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
