Maximize Market Research's latest report, " Global Edible Packaging Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Edible Packaging Market was worth US$ 549.66 Mn in 2020 and total revenue is expected to grow at a rate of 4.3 % CAGR from 2021 to 2027, reaching almost US$ 573.30 Mn in 2027.
Global Edible Packaging Market Overview
Edible packaging has seen increased adoption as a result of factors such as increased consumption of processed foods, increased hygiene concerns among people, and an increase in packaging waste due to the use of synthetic polymers, which has a negative impact on the environment, all of which are driving the edible packaging market forward. These polymers are made up of materials that are considered safe for human ingestion, such as lipids, polysaccharides, proteins, composites, and surfactants. Although regulatory requirements for edible packaging are stringent in some places, such as Europe, and the costs of producing edible polymers are expensive, the edible packaging market is likely to rise.
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Global Edible Packaging Market Major Market Players
• Nagase & Co. Ltd.
• Pace International LLC
• WikiCell Designs Inc.
• MonoSol LLC
• Tipa Corp.
• Watson Inc.
• Devro plc.
• Tate & Lyle Plc.
• JRF Technology LLC
• Safetraces, Inc.
• BluWrap
• Skipping Rocks Lab
• Interpack
• Evoware
• Coveris Holdigs
• Dupont de Nemours and Company
• Ingredion Inc
• Notpla Ltd.
• Avani
• Amtrex Nature Care Pvt. Ltd.
• EnviGreen Biotech Pvt. Ltd.
• Regeno Bio-Bags
• Apeel Sciences
• Coolhaus
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Edible Packaging Market by Types and Applications:
The report has covered the market size by country (regions) for the global Edible Packaging market. Segment by Application. The Edible Packaging Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Edible Packaging Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Edible Packaging Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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