The food service industry is taking steps toward research departments to incorporate edible packages into their product lineups, which include containers wrapping paper instead of plastic sachets. The business environment has been witnessing dynamic shifts in recent years caused by increased demand for sustainable methods, among many other things. The global drive towards sustainability has been one significant driver behind these dynamics, which have resulted in various changes in the Edible Packaging Market globally. Governments, on the other hand, have started taking steps towards reducing the use of single-use plastics, often forcing companies to think about making alternatives. Consequently, edible packaging made from materials such as seaweed, starch, and proteins has become more popular. As a result, businesses are now striving to meet all their customers' expectations and adhere to several important regulations, thus making it possible to develop a favorable environment for Edible Packaging Market growth.
Consumer behavior also plays an important part in shaping the dynamics of this market. In addition to rising environmental awareness levels, consumers are increasingly looking for products with minimal ecological footprints. This change in preferences has forced companies to adopt edible packaging solutions so as to stay ahead of competitors. Technological advancements are another factor influencing the market dynamics of edible packaging besides sustainability and consumer preferences. Researchers and innovators are developing new materials and technological developments on a daily basis with the aim of improving various aspects related to functionality and safety requirements associated with edible packages. It may involve advancements in preserving foodstuff by ensuring that the packaging keeps food quality and freshness safe. These advantages not only lead to a faster rate of growth but also address some initial doubts concerning feasibility or practicability when it comes to using edibles as wrappers.
The edible packaging market, however, does not come without its teething troubles. These include issues such as scalability, cost, and the need for widespread acceptance. For various companies operating in the edible packaging market, these are problems that they will have to address in order to be able to marry sustainability with practicality. The future of the Edible Packaging Market is looking bright. More research and development addressing current technology gaps and even inventing new ones would increase innovation and adoption of new solutions.
Edible Packaging Market Size was valued at USD 1.6 Billion in 2023. The edible packaging industry is projected to grow from USD 1.71 Billion in 2024 to USD 2.71 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.93% during the forecast period (2024 - 2032). Due to market drivers like rising hygiene concerns among people, increased packaging waste from synthetic polymers, and high consumption of processed food products, edible packaging has seen increased adoption and is expected to grow in popularity.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
A key trend for the market's expansion is sophisticated packaging and nanotechnology. Nanotechnology is a vital and crucial instrument for extending the shelf life of food goods. Natural polymers, widely accessible, affordable, and non-toxic, are typically used to create edible coatings. The functionality of the packaging is increased by using nanotechnology that contains vitamins, bioactive substances, antioxidants, antimicrobials, and minerals. Nano-encapsulation and multifunctional systems are two examples of nanotechnological approaches that improve the nutritional content of food. The product life of extremely perishable food products is also extended thanks to modern packaging techniques. The many quality-maintenance methods include active MAP, high-oxygen MAP, passive MAP, controlled MAP, and intelligent MAP. As a result of the rising demand for eco-friendly packaging options and nutritious food items, implementing such technologies is now becoming popular and accelerating industry expansion.
Growing environmental and product safety concerns are driving the market's rapid rise. The market is growing due to the growing demand to reduce wasteful packaging materials. The demand for recycling and using biodegradable packaging alternatives is rising along with the growth in waste packaging materials. The major producers in the pharmaceutical and food & beverage sectors use this packaging as an environmentally beneficial way to satisfy these standards. The packaging maintains Longer product life, which also reduces waste going to landfills. Additionally, the use of edible packaging is prompted by customer demand for secure and healthful goods, which promotes the expansion of the industry. Furthermore, using this packaging to increase shelf life, reduce waste, and maintain freshness also adds to the expansion of the edible packaging market.
The market's expansion is mostly due to expanding consumption of processed and ready-to-eat food items, rising income levels, and shifting consumer preferences for hygienic goods. population growth and the quickening pace of urbanization in developing nations both support market expansion. The need for biodegradable films is rising as a result of shifting customer preferences. They can be created utilizing lipids, proteins, or polysaccharides and are a crucial replacement for petroleum-based films. Biodegradable films are essential in lowering reliance on fossil fuels and are environmentally benign, driving the growth of the market. They help the market flourish by resisting oils and fats and serving as an oxygen vapor barrier for food goods. Additionally, the spike in demand for food item portion-size packaging fuels market expansion ly. The demand can be linked to changing customer tastes around the world and the decrease of food product waste made possible by portion-size packaging. Thus, driving the edible packaging market revenue.
Apr 2023, Apeel Sciences is changing the game for the produce industry by debuting a plastic-free and food-safe coating for fruits and vegetables. The invention of this coating by Apeel Sciences is aimed at boosting convenience and nutrition levels in fresh foods. Traditionally, plastic was used for wrapping fresh fruits so as to keep them from rotting, but it has always been a point of example on environmental issues since it is not decomposable. The company solves this problem through the introduction of a food-based edible film instead of the former one made from plastics.
In April 2023, Devro, a global supplier of edible packaging solutions, was acquired by SARIA International, which produces food and pharmaceuticals. This purchase is intended to expand the product range for SARIA International as well as strengthen its position in the sustainable packaging market.
The edible packaging market segmentation, based on material includes Polysaccharides, Lipid, Protein Films and Others. The protein films segment dominated the market. Proteins make great building blocks for coatings and films, whether they are edible or not. Producing edible films for the packaging solution requires various protein ingredients, including soy, whey, zein, casein, collagen, plants, and gluten. The plant-based material is in high demand due to properties including a strong gas barrier, water vapor resistance, high immunity, and the capacity to create translucent and pliable films.
The edible packaging market segmentation, based on end user, includes Food & Beverage and Pharmaceutical. The food & beverages category generated the most income. It is extensively used to package various products in the food and beverage industries, including fresh food, baby food, functional foods, dairy products, bakery and confectionery, and many more. Growing demand for processed foods and advancing lifestyle patterns support the segment's expansion. The shelf life of food products is maintained, and product safety is guaranteed.
Figure 1: Edible Packaging Market, by End User, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American edible packaging market area will dominate this market ascribed to regional efforts to reduce packaging waste by moving away from single-use plastics and using edible packaging substitutes. Due to the presence of top industry players in the area, such as JRF Technology, Dupont, Watson Inc., Candy Cutlery, Pace International LLC, and Safetraces, the edible packaging market in North America is anticipated to experience strong revenue growth throughout the forecast period.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: EDIBLE PACKAGING MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe edible packaging market accounts for the second-largest market share due to numerous current efforts for research and development that aim to produce an alternative to regional standard packaging solutions. For instance, a current SeaFilm project for food packaging seeks to provide an alternative to single-use plastic films for freezing seafood. Because it contains edible seaweed and algae extracts, this film is edible and contributes to the items' longer shelf lives. Further, the German edible packaging market held the largest market share, and the UK edible packaging market was the fastest growing market in the European region
The Asia-Pacific Edible packaging Market is expected to grow at the fastest CAGR from 2023 to 2032. The main drivers influencing the APAC market growth include rising consumer awareness, changing dietary patterns, and rising disposable income around the globe. The pharmaceutical and food & beverage industries are expanding quickly in developing nations, further boosting the APAC market's expansion. Moreover, China’s edible packaging market held the largest market share, and the Indian edible packaging market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the edible packaging market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, edible packaging industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the edible packaging industry to benefit clients and increase the market sector. In recent years, the edible packaging industry has offered some of the most significant advantages to market. Major players in the edible packaging market attempting to increase market demand by investing in research and development operations include WikiCell Designs Inc. (U.S.), Nagase & Co. Ltd. (Japan), JRF Technology LLC (U.S.), Tipa Corp (Israel), Interpack (U.S.), Pace International LLC (U.S.), Ingredion Inc (U.S.), Safetraces Inc. (U.S.), Dupont de Nemours and Company (U.S.), Tate & Lyle Plc. (U.K), Coveris Holdings (U.S.), MonoSol LLC (U.S.), Evoware (Indonesia), Watson Inc. (U.S.) and Devro plc (U.K).
Pace International is a leader in sustainable postharvest innovations that maximize the freshness and value of fresh horticulture products while reducing food waste and environmental impact. Pace offers a full range of eco-friendly fruit care products for use in the packing line and storage, including fruit cleaners, water sanitizers, fruit rot prevention, fruit coatings, anti-oxidants and ethylene management. Pace has a significant presence in the Americas and has distribution. The innovative products and formulations, state-of-the-art application tools, and committed technical customer support that Pace offers make it a leader in the industry.
The company Tate & Lyle PLC (Tate & Lyle) sells ingredients and solutions for the food & beverage industries. The company's product line includes fiber enrichments, texturants, and sweeteners. Additionally, it offers starches, corn syrup, dextrose, glucose, sucralose, crystalline fructose, sweeteners, and animal feeds. The brand names Purefruit, Krystar, Tasteva, Amydex, Maltosweet, Star-Dri, Neto, Fructopure, Mira-Cap, Mira-Mist, Mira-Sperse, and Resistamyl are used by Tate & Lyle to promote its products.
In September 2023, Xampla introduced Morro, an amazing consumer brand aimed at creating bio-based and eatable packages that are as good as plastics. By introducing this brand, any food brand can choose to switch easily from single-use plastics to our breakthrough material.
Monosol LLC revealed that they expanded their manufacturing plant in Indiana, USA during the year 2021. The motive behind this expansion was meeting the increasing requirement for Monosol’s edible film technology and creating new variations of its products which can be used as eco-friendly alternatives in modern-day green packaging.
In October 2020, Skipping Rocks Lab entered into a strategic partnership with Carlsberg Group to create a sustainable paper bottle for its beverages. This partnership aims at developing an innovative and sustainable option that can be used multiple times and recycled instead of thrown away like other plastics.
WikiCell Designs Inc.: WikiCell Designs Inc., launched one of its edible packaging solutions called "CocoRolls" made from coconut meat as layering on several foods. Unlike conventional plastic packages, which are non-recyclable and take years before decomposition WikiCell CocoRolls are biodegradable and compostable hence friendly towards the environment.
In August 2022, Nippon Paint China joined hands with BASF to introduce environmentally friendly edible packaging, which is being adopted by Nippon Paint dry-mixed mortar series products.
In September 2021, Pace International LLC unveiled PrimaFresh®60 Organic, a high-end organic plant-derived edible coatings line that they developed specifically for managing dehydration while enhancing stone fruit freshness.
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)