Edible Packaging Market Size - By Raw Material (Seaweeds & Algae, Polysaccharides, Lipids), By Packaging Process (Antimicrobial, Nanotechnology, Electro Hydrodynamic, Coatings, Microorganisms), By End Use (Food & Beverages, Pharmaceuticals) & Forecast 2023 - 2032

Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Packaging | Format: Report available in PDF / Excel Format

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Edible Packaging Market Size - By Raw Material (Seaweeds & Algae, Polysaccharides, Lipids), By Packaging Process (Antimicrobial, Nanotechnology, Electro Hydrodynamic, Coatings, Microorganisms), By End Use (Food & Beverages, Pharmaceuticals) & Forecast 2023 - 2032

Edible Packaging Market Size

Hey there! Edible packaging is all the buzz! In 2022, it was worth more than $620 million globally. And get thisexperts say it's gonna keep growing steadily by over 6% every year until 2032. Why's everyone so into edible packaging? Well, folks are getting more and more worried about the environment, and they want to cut down on plastic and non-biodegradable stuff. It's a huge problem! So, edible packaging is a perfect solution. Consumers and businesses are all for it because it's sustainable and better for our planet. Governments are also doing their part. They're making rules to reduce plastic use and encourage sustainable practices. So, companies are turning to edible packaging solutions to stay in line with these environmental standards. And speaking of consumers, they're all about eco-friendly, biodegradable, and sustainable packaging. They're starting to realize how much their choices impact the environment, and they want products that use edible packaging. So, there you have it! The edible packaging market is booming, and it's not going anywhere anytime soon. It's a win-win for everyonethe planet, consumers, and businesses.

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The edible packaging industry refers to the industry segment that focuses on the development, production, and distribution of packaging solutions for food products that are environmentally sustainable and minimize their impact on the planet. These Edible packaging options are designed to reduce waste, lower carbon footprints, and enhance overall sustainability while providing safe and effective packaging for various food items. This market is characterized by the increasing consumer demand for environmentally responsible packaging solutions and a growing emphasis on reducing single-use plastics. Companies and manufacturers are innovating and adopting materials and practices that align with environmental goals.
 

Edible Packaging Market Report Attributes
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
  • Rising Environmental Concerns
  • Increasing Government Regulations
  • Rising Consumer Demand
  • Increasing Innovation and Research
  • Increasing Customization and Branding
Pitfalls & Challenges
  • Increasing Cost and Production Challenges
  • Rising Taste and Texture Issues

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Edible packaging materials can be more expensive to produce than traditional packaging options. This cost factor can be a restraint, particularly for businesses looking to transition to edible packaging on a large scale. Edible packaging must provide a good taste and texture experience, which can be challenging to achieve consistently. Variability in taste or texture can deter consumer adoption. Edible packaging materials are generally less durable than conventional packaging, making them unsuitable for certain applications where longer shelf life or robust protection is required.

COVID-19 Impact

During the pandemic, there were heightened concerns about the safety of reusable and sustainable packaging due to the potential for virus transmission. Some businesses suspended or restricted the use of reusable containers, impacting the adoption of Eco-Friendly packaging. Lockdowns, restrictions, and disruptions in global supply chains affected the availability of Eco-Friendly packaging materials and products. Delays in production and transportation impacted the industry's ability to meet growing demand.

Edible Packaging Market Trends

Picture thisa world where your food comes in wrappers you can munch on too! That's exactly what the edible packaging industry is all about. These incredible packaging materials can be eaten right along with the snacks or drinks they protect. Not only does this reduce the amount of trash we produce, it also means you can enjoy a guilt-free treat that's good for you and the planet. So, why are people excited about edible packaging? Well, for starters, it's a fantastic way to be more eco-friendly. Plus, it's the perfect solution for people who want their food on the go, without creating a mountain of garbage. And let's not forget the cool factor – it's like having a secret stash of candy, but way healthier! Of course, no industry is perfect. Edible packaging can sometimes be a bit more expensive than traditional materials, and not all of them taste or feel as satisfying. But here's the good newsas more companies jump on the edible packaging bandwagon, we can expect these challenges to be solved pretty soon. The bottom line is, the edible packaging industry is growing rapidly as people become more aware of its benefits. So, if you're looking for a way to make your next snack or meal more sustainable, give edible packaging a try. It's the future of food packaging – and it's a whole lot tastier too!

The use of edible packaging is expanding beyond food and beverages. The market is diversifying to include pharmaceuticals, cosmetics, and other industries seeking sustainable packaging solutions. Compliance with food safety and regulatory standards remains a crucial focus. Companies are working to ensure that their edible packaging materials meet the necessary safety and quality standards for human consumption. The growth of e-commerce and online food delivery services has created opportunities for edible packaging. These materials are being adapted for use in these delivery services, catering to the changing consumer landscape.

Edible Packaging Market Analysis

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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

  • Nanotechnology allows for the development of edible packaging materials with enhanced barrier properties. Nanoscale materials and coatings can effectively block moisture, oxygen, and other environmental factors, extending the shelf life of packaged products. This is especially valuable for preserving the freshness of food and beverages.
  • Nanocomposites and nanoparticles can be added to edible packaging to improve its mechanical strength and durability. This makes the packaging more robust, reducing the risk of damage during transportation and handling.
  • Nanotechnology enables the incorporation of active ingredients (e.g., antimicrobials, antioxidants, or flavor enhancers) into edible packaging materials. These active components can help extend the freshness and safety of the enclosed food or beverage products.

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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.

  • Seaweeds and algae are renewable resources that can be harvested without depleting natural ecosystems. Their use in edible packaging aligns with the growing demand for sustainable and eco-friendly packaging solutions, reducing reliance on non-renewable resources.
  • Seaweeds and algae-based materials are biodegradable, meaning they naturally break down in the environment, reducing the impact of packaging waste. This aligns with the global push for reducing plastic waste and pollution.
  • Seaweed and algae-based packaging can help extend the shelf life of products by providing a protective barrier against moisture, oxygen, and other environmental factors. This can reduce food waste and enhance product quality.
  • Ongoing research and technological advancements have improved the properties of seaweed and algae-based materials, making them more suitable for use in edible packaging. This includes enhancing their texture, taste, and functionality.

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Edible packaging is all the rage in Asia! It's becoming increasingly popular as people there become more aware of the environmental impact of traditional packaging. Online shopping and food delivery services are also making edible packaging more accessible. It's way more convenient for takeout, especially in bustling cities where people are always on the go. Researchers are working hard to create edible packaging that's not just safe to eat but also tastes good and has the right texture. This makes it a really appealing option for packaging food products for home delivery. So, it's no wonder that edible packaging is dominating the market in the Asia-Pacific region. With its convenience, environmental friendliness, and deliciousness, it's the future of packaging!

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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