Edible Packaging Market Size
Hello! The buzz is edible packaging! It will be valued globally in 2022 more than $620 million. And get thisuntil 2032, scientists estimate it will keep increasing continuously by almost 6% annually. Why do everyone find edible packaging so appealing? People are growing more and more concerned about the environment, hence they wish to reduce non-biodegradable items such plastic. It's a major issue! Hence, a perfect answer is edible packaging. Businesses and consumers alike support it since it is better for the earth and sustainable. Governments are also helping out. They are establishing guidelines meant to cut plastic consumption and support environmentally friendly living. Companies are thus looking to edible packaging solutions in order to meet these environmental criteria. Regarding consumers, too, they are all about sustainable, biodegradable, environmentally friendly packaging. They want goods using edible packaging since they are beginning to see how much their decisions affect the surroundings. There you have it! Not going anywhere anytime soon, the market for edible packaging is exploding. For everyone—the earth, customers, and companies—this is a win-eat.
To get key market trends
The sector of edible packaging is the one that concentrates on the creation, manufacturing, and distribution of environmentally sustainable packaging solutions for food products with minimum effect on the earth. While giving different food products safe and efficient packaging, these Edible packaging choices are meant to lessen carbon footprints, cut waste, and improve general sustainability. Rising consumer demand for environmentally friendly packaging solutions and a growing focus on lowering single-use plastics define this industry. Businesses and manufacturers are coming up with ideas and using materials and techniques fit for environmental objectives.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Edible Packaging Market Size in 2022 | USD 620 Million |
| Forecast Period | 2022 to 2032 |
| Forecast Period 2022 to 2032 CAGR | 6% |
| 2032 Value Projection | USD 1.10 Billion |
| Historical Data for | 2018 - 2022 |
| No. of Pages | 220 |
| Tables, Charts & Figures | 242 |
| Segments covered | Raw Material, Packaging process, end use & Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
Production of edible packaging materials can be more costly than with conventional packaging choices. For companies trying to switch to edible packaging on a big scale especially, this cost element can be a limitation. Consistent achievement of a nice taste and texture experience from edible packaging can be difficult. Variability in flavor or texture could discourage consumer acceptance. Generally less durable than traditional packaging, edible packaging materials are inappropriate for some uses requiring more strong protection or longer shelf life.
COVID-19 Impact
Given the possibility for virus transmission, there were more questions over the safety of sustainable and reused packaging throughout the epidemic. A few companies banned or limited the use of reusable containers, therefore influencing the acceptance of environmentally friendly packaging. Lockdowns, restrictions, and changes in world supply chains impacted the availability of environmentally friendly packaging materials and goods. Transportation and manufacturing delays affected the industry's capacity to satisfy increasing demand.
Edible Packaging Market Trends
Imagine a world which your food arrives in wrapping you could chew on too! The whole focus of the edible packaging business is just that. These amazing packaging materials are edible just alongside the beverages or nibbles they guard. This not only helps to cut the waste we generate but also allows you to savor a guilt-free treat that benefits the earth and yourself. Why then are people enthralled with edible packaging? Firstly of all, it's a great approach to be more environmentally friendly. Furthermore, it's the ideal answer for those who wish their food on-demand without generating a mountains of trash. Not to mention the fun factor; it's like having a covert candy store but far more healthily! Of course, none of any sector is flawless. Not all edible packaging tastes or feels as gratifying, and occasionally it can be somewhat more costly than conventional materials. The good news is that we should expect these issues to be resolved really soon as more businesses adopt edible packaging as trend. The main point is that as people start to see the advantages of edible packaging, its sector is expanding quickly. Try edible packaging then if you're trying to make your next meal or snack more environmentally friendly. This is food packaging's future, and it's far more delicious as well!
Edible packaging is being used for purposes outside food and drink. The market is becoming more varied to encompass cosmetics, drugs, and other sectors looking for environmentally friendly packaging options. Still a major priority is following food safety and legal requirements. Businesses are striving to make sure their edible packaging materials satisfy human consumption's required safety and quality criteria. The expansion of online meal delivery platforms and e-commerce has presented chances for edible packaging. These products are being customized to fit the evolving customer scene and used in these delivery systems.
Edible Packaging Market Analysis
Learn more about the key segments shaping this market
Based on packaging process industry, the market is divided into antimicrobial, nanotechnology, electro hydrodynamic, coatings, microorganisms. The nanotechnology was the fastest growing segment in the market and registered a market share of over 28% in 2022
- Enhanced barrier qualities of edible packaging materials made possible by nanotechnology help to By efficiently blocking moisture, oxygen, and other environmental elements, nanoscale materials and coatings help packaged goods to have longer shelf life. Food and drink freshness preservation depends primarily on this.
- Addition of nanoparticles and nanocomposites to edible packaging helps to increase its mechanical strength and durability. This increases the strength of the packing, therefore lowering the possibility of damage throughout handling and shipping.
- Active ingredients—such as antimicrobials, antioxidants, or flavor enhancers—can be included into edible packaging materials thanks to nanotechnology These active ingredients serve to prolong the safety and freshness of the contained food or beverage goods.
Learn more about the key segments shaping this market
Based on material, the market is segmented into seaweeds & algae, polysaccharides, lipids. the seaweeds & algae segment dominated the global market with a CAGR of over 7% in 2022.
- Renewable resources like seaweeds and algae can be taken without draining natural ecosystems. Their usage in edible packaging lessens dependency on non-renewable resources since it fits the rising need for environmentally friendly packaging solutions.
- Because they are biodegradable—that is, they naturally break down in the environment—seaweeds and materials derived from algae less the effect of packaging waste. This fits the worldwide drive toward lessening pollution and plastic waste.
- By offering a barrier against moisture, oxygen, and other environmental elements, seaweed and algae-based packaging can help products last longer. This can improve product quality and help to lower food waste.
- Constant research and technological developments have enhanced the qualities of seaweed and algae-based materials, therefore rendering them more fit for use in edible packaging. This covers improving their taste, texture, and use-fulness.
Looking for region specific data?
In Asia, edible packaging is the buzz! People there are growing more conscious of the environmental effect of conventional packing, hence it's getting more and more popular. Moreover making edible packaging more accessible are meal delivery services and online buying. For takeaway, especially in busy cities where people are constantly on the go, it's far more handy. Researchers are tirelessly developing edible packaging with the correct texture, taste, and safety that goes beyond just consumption. For home delivery food products, this makes packaging them rather appealing. Thus, it is understandable that edible packaging rules the Asian-Pacific market. It's the future of packaging—convenient, eco-friendly, and delicious—right now!
Edible Packaging Market Share
Players in the industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative and technologically advanced solutions in the market. Some of the major players operating in the edible packaging industry are
- Billerudkorsnas
- Canfor
- CTI Paper USA
- Daio Paper Construction
- Fujian Qingshan Paper Co., Ltd.
- Gascogne Papier
- Genus Paper and Boards Limited
- Georgia-Pacific
- Glatfelter
- Glatfelter Corporation
- Goodwin Robbins Packaging Company Inc.
- International Paper
- Klabin SA
- Mondi
- Nordic Paper
- Oji Holdings Corporation
Edible Packaging Industry News
- In 2021, ProAmpac, a US-based company engaged in offering creative and sustainable packaging products, acquired Ultimate Packaging Ltd., a UK-based company involved in offering creative solutions, for an undisclosed amount. Through this acquisition, ProAmpac widens its sustainable product portfolio, expands its reach across the U.K., and improves its position in creative food packaging. The company gives its support all over the supply chain with numerous innovative eco-friendly packaging products.
Edible packaging market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments
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Market, By Raw Material
- Seaweeds & Algae
- Polysaccharides
- Lipids
Market, By Packaging Process
- Antimicrobial
- Nanotechnology
- Electro hydrodynamic
- Coatings
- Microorganisms
Market, By End-User Industry
- Food and beverages
- Pharmaceuticals
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- ANZ
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
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