Global Edible Packaging Market foreseen to cross USD 1 billion by 2025

1. Global Edible Packaging Market foreseen to cross USD 1 billion by 2025 Market overview: The global Edible Packaging Market was worth USD 747 billion in 2019 and is predicted to reach a valuation of USD 1.1 billion by the end of 2025 at a CAGR of 6.8% during the anticipated period. Edible packaging is food packed primarily with food. Replace the packaging with plastic or paper and use something edible instead. This also eliminates wasted packaging material. Edible packaging has increased adoption due to factors such as high consumption of processed foods, increased people's hygiene problems, and increased packaging waste due to the use of synthetic polymers, impacting the environment and promotes the growth of the edible packaging market. Market Drivers and Restrains: Growing concerns about the reckless use of plastic and its adverse environmental impact have led governments around the world to ban single-use plastics. Increased consumption of processed foods and beverages, reduced packaging waste, rising concerns about people's hygiene and increased product shelf life, improved consumer disposable income and increased standards of living encourage the adoption of edible packaging products. In addition, this eco- friendly packaging technology helps to preserve the environment, as the product is not only renewable, but also edible and safe for human consumption, which reduces the waste of plastic packaging and promotes the growth of the packaging market. Growing concerns about food hygiene, increased consumption of processed foods, and strong growth in the food and beverage industry drove growth in edible packaging during the forecast period. The contribution of edible packaging to reducing non-biodegradable waste and promoting sustainability is expected to create significant opportunities for the edible packaging industry in the future. It is also responsible for reducing packaging waste as the user may swallow the packaging material. However, the high cost and high regulatory requirements of edible packaging materials compared to synthetic materials are expected to hamper the growth of the global edible packaging market. To know more read:

2. https://www.marketdataforecast.com/market-reports/edible-packaging-market Report is segmented as: On the basis of source, the edible packaging market is segmented into animals and plants. On the basis of raw materials, the market is divided into lipids, polysaccharides, algae and algae. On the basis of end use, the global market for edible packaging is bifurcated mainly into pharmaceuticals and food and beverages. On the basis of packaging processes and systems, the market is segmented into nanotechnology, electrohydrodynamic, and microbes. antimicrobial agents, coatings, Geographical Segmentation: North America had the largest share of the global market in 2018. The presence of the large-scale pharmaceutical and processed food industry and the presence of numerous producers of edible packaging occupy a leading position in the global market. Additionally, growing innovations in the edible packaging space, especially in the US, are expected to kick-start the market during the forecast period. The Asia Pacific market is expected to grow at the highest rate from 2019 to 2025. A key factor is increased consumer awareness of the downside of excessive use of plastics in food packaging and the growing ban on disposable plastics. Key market players: Key players in the global edible packaging market include Regeno Bio-Bags, Tomorrow Machine, Evoware, Nagase America, JRF Technology, Avani, Tipa Corp., Monosol LLC, Wikicell Designs, Notpla Ltd., Amtrex Nature Care Pvt. Ltd, Devro Plc., EnviGreen Biotech Pvt. Ltd., Coolhaus, Dental Development Systems LLC, Ecoactive, Apeel Sciences, Do Eat, Mantrose UK Ltd., and Lactips. View sample and decide: https://www.marketdataforecast.com/market-reports/edible-packaging- market/request-sample Scope of the report:

3. The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/