ReportsnReports offers a global report on “Edible Packaging Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 152 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
The Edible Packaging Market is estimated at USD 527 Million in 2019 and projected to grow at a CAGR of 4.3%, to reach USD 679 Million by 2025.
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Top Companies Profiled in the Edible Packaging Market:
- Monosol LLC (US)
- JRF Technology (US)
- Evoware (US)
- Tipa Corp. (Israel)
- Nagase America (US)
- Notpla Ltd. (UK)
- Avani (Indonesia)
- Wikicell Designs (US)
- Amtrex Nature Care Pvt. Ltd. (India)
- EnviGreen Biotech Pvt. Ltd. (India)
- Regeno Bio-Bags (India)
- Devro Plc (UK)
- Apeel Sciences (US)
- Coolhaus (US)
- Do Eat (Belgium)
- Ecoactive (US)
- Mantrose UK Ltd. (UK)
- Dental Development Systems LLC (US)
- Tomorrow Machine (Sweden)
- Lactips (France)
On the basis of raw material, the edible packaging market is classified into seaweed and algae, polysaccharides, lipids, and others, which include surfactants, composites, and carbohydrates. Seaweeds have emerged as a key raw material in edible packaging, which can be attributed to the inherent attributes of seaweeds as an edible source.
Based on end use, the use of edible packaging in beverages was observed to hold the dominant share in the edible packaging market. Beverages have emerged as a key area for growth in the market. This is primarily driven by water-soluble alternatives to standard plastic packaging.
On the basis of source, the plant-based segment is expected to hold the largest market share between 2019 and 2025. Plant-based sources have gained widespread popularity among manufacturers as a reliable source for the development of edible packaging solutions.
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