Key Highlights

• Edible packaging refers to biodegradable and edible packaging. The packaging is made from biodegradable, plant-based natural materials and is edible without requiring processing, recycling, packaging or waste. It plays an important role in providing customers with a good alternative to packaging products. In-use packaging meets consumer demand for sustainable, environmentally friendly products and limits waste from packaging products. As consumers turn to more environmentally friendly needs, governments and large companies are increasingly investing in the development of products that replace food and pharmaceutical packaging.

• The market size of the worldwide Edible Packaging Industry surpassed USD XX Billion in 2023, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.

• August 2022 - Leading coatings company Nippon Paint China has partnered with BASF to develop new food-grade packaging for Nippon Paint's dry mix mortar range.

• This market is experiencing rapid growth due to environmental and product concerns. The increasing desire to eliminate harmful packaging waste is driving the growth of the sector. As packaging waste increases, it should be recycled or biodegradable packaging alternatives should be used. In order to meet these requirements, large companies in the food, beverage and pharmaceutical industries choose this packaging as an environmental protection product. Packaging diverts waste from landfill and extends the life of products. Additionally, consumers' demand for safe and healthy products has led to the use of food packaging, leading to the growth of the industry. In addition, the use of such packaging to extend shelf life, reduce waste and preserve freshness will contribute to the growth of the food packaging industry. Increasing consumption of processed and ready-made food, increasing income levels and changing preferences for hygiene products contributed to the growth of the sector. Rapid urbanization in developing countries and a growing global population also drive economic growth. The demand for biodegradable films continues to increase as consumer preferences change. They are the main choice for oil films and can be made using lipids, proteins or polysaccharides. Biodegradable films are important in reducing dependence on fossil fuels and are environmentally friendly, thus driving the growth of the global market. They are unaffected by oils and fats and support economic growth by acting as an oxygen vapor barrier for food products. In addition, the increase in demand for packaged food products accelerates the growth of the global market. This demand can be attributed to smaller packaging reducing waste and changes in consumer preferences around the world.

Scope of the Industry Profile

Key Players

• WikiCell Designs Inc.(France)

• Tate & Lyle Plc. (UK)

• Safetraces, Inc. (US)

• Tipa Corp (Israel)

• MonoSol, LLC (Japan)

• Watson, Inc. (US)

• Interpack (US)

• Coveris Holdings (Austria)

• Devro plc (UK)

• Dupont de Nemours and Company (US)

Segmentation

By Source

• Plant Tissues

• Animal Tissues

• Synthetic Tissues

By Packaging Process

• Antimicrobial

• Nanotechnology

• Electrohydrodynamic

• Coatings

• Microorganism

By Material

• Polysaccharides

• Lipid, Surfactant

• Protein Films

• Composite Films

• Other Materials

By Application

• Food & Beverages

• Pharmaceuticals

What to Expect from Industry Profile

1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Edible Packaging market in the world.

2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Edible Packaging market.

3. Leading company profiles reveal details of key Edible Packaging market players’ global operations, strategies, financial performance & their recent developments.

4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Edible Packaging market with forecast for decade by both market share (%) & revenue (USD Million).

Recent Development

• September 2022 - Pace International LLC announces PrimaFresh® 60 Organic, a premium organic edible plant-based coating. The company produces specialized products to fuel the new demand for stone fruit by properly controlling dehydration.

• October 2021 - A London-based business called Notpla has developed a new seaweed packaging to replace traditional plastic bags.

• January 2021 - The famous New York-based company The New York-based Company for Loliware announced the launch of edible straws based on algae and seaweed. Loliware uses seaweed, grinds it and mixes it with minerals, pigments and water.

Segment Insights

By Application

The food and beverage segment dominates the market. It is widely used in the food and beverage industry for packaging different products such as fresh food, baby food, food, dairy products, bakery and confectionery. Improving lifestyles and increasing demand for processed foods are accelerating the growth of this segment. It keeps the product safe and maintains the shelf life of the food. It is important to limit packaging and waste and reduce the leaching of harmful chemicals into foods. Food packaging companies' significant progress in the development of films or processes that can be consumed without throwing away the packaging will contribute to the growth of the end-use segment of the food and beverage industry.

By Material

Protein-based ingredients control all packaging. Proteins are the best materials for material and film production. Protein contents such as milk, whey, collagen, vegetables, zein, casein and gluten are important in the production of films that can be used for packaging. The material is plant and is still in high demand due to its strong gas barrier properties, resistance to water vapor, high resistivity, ability to form a transparent and stretchable film. Protein also ensures proper functioning of the human body and increases the strength of the body, thus ensuring growth in these functions.

Regional Insights

Europe is the leading region and the main reason for the growth is increased consumer awareness of the dangers of using too much plastic. The ban on single-use plastic has also increased the demand for food packaging in Europe. North America is the second largest region in food packaging market share. This control can be attributed to the innovation of large companies in the region, as well as food and pharmaceutical companies. Asia Pacific is the fastest growing region. Government policies made land suitable for these containers, enabling rapid growth in the region. The Latin American market will experience steady growth due to the rise of the food and beverage industry in the region. The Middle East and Africa is expected to witness low to moderate growth during the forecast period.