Edible Packaging Market Application and Geography| Forecast and Analysis 2021-2028
Edible Packaging Market Application and Geography| Forecast and Analysis 2021-2028 Edible packaging is a type of packaging that is used for wrapping food products or consumables products such as medicine. Edible packaging is mostly done to increase the shelf-life of food products. They are designed to be eaten and have the ability to biodegrade efficiently. Edible packaging is produced from different materials such as surfactant, polysaccharides, protein films, lipid, and composite films. The global edible packaging market is estimated to be valued at US$ 1,004.8 million in 2021 and is expected to exhibit a CAGR of 6.9% over the forecast period (2021-2028). Market Dynamics: R&D in edible packaging is expected to propel growth of the global edible packaging market over the forecast period. For instance, in March 2021, a research team from Sri Venkateswara and Sri Padmavati Mahila Viswavidyalayam Universities (India), Ural Federal University, and Ural Branch of the RAS (Russia) reported development of edible food films for packaging vegetables, fruits, seafood, meat, and poultry. Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market- insight/edible-packaging-market-819 Global Edible Packaging Market: Opportunities The increasing demand for biodegradable films in edible packaging is projected to provide lucrative growth opportunities. It reduces the dependency on fossil fuels and materials such as composite films, polysaccharides, lipid, and cellulose- or starch-based materials can provide new functionalities and properties such as biodegradability. Thus growing demand for biodegradable films in edible packaging is projected to foster the market growth of the edible packaging in the near future. Major players : MonoSol, LLC (Kuraray Co. Lyd.), JRF Technology, LLC WikiFoods, Inc., Safetraces Inc., and Tate and Lyle Plc Detailed Segmentation: • Global Edible Packaging Market, By Material Type: •Polysaccharides •Lipid •Surfactant •Protein Films •Composite Films •Global Edible Packaging Market, By End Use: •F&B Manufacturing •Fresh Food •Cakes & Confectionery •Dairy •Baby Food About Us: Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. Contact: Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Email: [email protected] United States of America: +1-206-701-6702 United Kingdom: +44-020-8133-4027 Japan: +050-5539-1737 India: +91-848-285-0837
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