Edible Packaging Market Report

Food packaging plays a key role in maintaining the food quality and assuring food safety. However, plastic packaging can significantly contribute to the environmental issues. Packaging companies across the globe are seeking innovative ways to lower the usage of plastic and reduce wastage. Edible packaging has emerged as an effective packaging solution for a wide range of products. This type of packaging can be eaten, along with the product packed inside, thereby avoiding the need for additional plastics as well as cardboards.

Need for the Reduction of Packaging Wastage to Drive Usage of Edible Packaging

Growing need to reduce packaging wastage is one of the significant reasons behind the Edible Packaging market growth. Surge in the demand for processed and packaged foods among consumers is driving the application of Edible Packaging among packaging industries. Health benefits associated with Edible Packaging including incorporation of vitamins, minerals, and bioflavonoids and improved mechanical properties are creating robust demand for products with Edible Packaging. Furthermore, innovations in food packaging are positively impacting the growth of the Edible Packaging market.

Research and Development to Become Prominent among Market Players

The report has studied the key manufacturers operating in the Edible Packaging market including MonoSol, LLC, JRF Technology LLC, Tate and Lyle Plc., MonoSol LLC (US), JRF Technologies (US), WikiCell Designs Inc., Nagase America LLC (US), Evoware (Indonesia), and Notpla Ltd.

Manufacturers are expected to make high investments in the R&D with an aim to provide unique packaging to the end-use industries. Moreover, other strategies such as product differentiation, portfolio expansion, brand building, and formation of strong relationships with the customers are considered by the manufacturers to gain a competitive edge over other players.

Market Segmentation

By Source

●  Plant

●  Animal

By Raw Material

●  Seaweeds & Algae

●  Polysaccharides

●  Lipids

●  Composite Films

●  Surfactant

●  Protein Films

By End Use

●  Food

●  Beverages

●  Pharmaceutical

●  Foodservice Providers

As per the analysts, usage of seaweed is likely to increase as a key raw material in the edible packaging as it is rich in fibre and vitamins and is biodegradable in nature. Furthermore, it can be developed into packaging with no need for chemicals. Application of Edible Packaging is expected to witness an upsurge in the food and beverages sector due to ever increasing demand for food supply. Pharmaceutical industries are also likely to adopt Edible Packaging as an alternative to conventional packaging to reduce wastage and create novel applications. The report also offers detailed analysis of the source segments including plant and animal.

By Region

Although high demand for packaged food is increasing the adoption of Edible Packaging in North America, Asia Pacific is projected to create rewarding growth prospects for the manufacturers of Edible Packaging in the years to come. This is attributed to easy availability of raw materials and low labor cost. Additionally, rapid growth of the packaging industry may support the Edible Packaging market growth in APAC.

Packaging is an indispensable part of every industry. It ensures protection of the product and even extends shelf life of the packaged items. Through the years, the packaging industry has undergone massive changes. From development of better, sturdier materials to changing outlooks toward designing environment-friendly materials, the packaging industry has witnessed some noteworthy changes.

The research reports on the packaging industry discuss the evolution of materials and the impact of changing consumer needs. Packaging solutions have constantly adopted newer technologies for providing consumers with safer perishables and keeping the products intact until delivered. Analysts have taken a granular view at the booming e-commerce sector and its influence on the packaging industry. We aim to provide the readers an in-depth and a comprehensive analysis of the packaging industry. Intricacies pertaining to food safety, environmental norms, and research and development of materials have been studied by analysts with a focused approach.