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 helps the environment by allowing the user to eat the package together with the food product, decreasing waste. Food containers and packaging account for roughly 30.2 percent of household waste, according to the Environmental Protection Agency (EPA). Packaging films composed of milk proteins, vitamins, proteins, and probiotics, which offer vital nutrients and can provide an oxygen barrier to the food, preventing contamination, are also included in edible packaging. Because plastic recycling takes a long time, plastic emissions and trash are deemed damaging to the environment. All of these factors have aided the expansion of the edible packaging market.
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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.
• Skipping Rocks Lab
• Coveris Holdigs
• Dupont de Nemours and Company
• Ingredion Inc
• Notpla Ltd.
• Amtrex Nature Care Pvt. Ltd.
• EnviGreen Biotech Pvt. Ltd.
• Regeno Bio-Bags
• Apeel Sciences
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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