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Edible food packaging is basically food wrapped in food. It takes away the plastic and paper waste thatu2019s generated from packaging foods and instead wraps it in something thatu2019s edible. The basic idea is that once someone is done eating the food inside the package, then the person can finish off the package too. An interesting idea, for sure; however, but there are definitely challenges involved in making this a realistic option.
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Global Edible Packaging Market by Material, and End Users, Packaging Process, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026. Report By
The GlobalEdible Packaging market was valued at USD 527 million in 2019, and now it is projected to reach USD 707 million by 2026, growing at a CAGR of 4.3%, during the forecast period, 2020–2026. The growth of the edible packaging solutions can be attributed to government initiatives, advancements in packaging technologies, and the development of new sources for edible packaging solutions. Request for sample@https://dataintelo.com/request-sample/?reportId=7366 Edible food packaging is basically food wrapped in food. It takes away the plastic and paper waste that’s generated from packaging foods and instead wraps it in something that’s edible. The basic idea is that once someone is done eating the food inside the package, then the person can finish off the package too. An interesting idea, for sure; however, but there are definitely challenges involved in making this a realistic option.
Market Trends, Drivers, Restraints, and Opportunities: • Edible packaging helps conserve environment as the user can eat the package itself with the food product thereby cutting the packaging waste. According to Environmental Protection Agency (EPA), around 30.2% of the household waste is due to by food containers and packaging. Edible packaging also has the packaging films, which are made up of milk proteins vitamins, proteins, and probiotics, which have important nutrients and are capable to provide oxygen barrier to the food thus preventing it from being contaminated. The plastic emissions and waste is considered harmful for the environment since plastic recycling takes a huge amount of time. All these factors have supported the edible packaging market growth. • The demand for processed food products has been surging over a past few years. These food products have added sugar, fats, oils, and salts to enhance the taste and flavor of the foods. Moreover, the processed foods need longer shelf life packaging, which edible coatings are capable of offering. There is a large consumption of processed foods because of which, the usage of edible films and coatings is projected to drive the edible packaging market • Companies are facing is cost related challenges such as finding edible substances that are cost-effective and easy to create. This factor is expected to restrain the market growth, during the forecast period.
Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=7366 Competitive Landscape: Key players include Monosol LLC (US), JRF Technology (US), Evoware (US), Tipa Corp. (Israel), Nagase America (US), Notpla Ltd. (UK), Avani (Indonesia), Wikicell Designs (US), Amtrex Nature Care Pvt. Ltd. (India), EnviGreen Biotech Pvt. Ltd. (India), Regeno Bio-Bags (India), Devro Plc (UK), Apeel Sciences (US), Coolhaus (US), Do Eat (Belgium), Ecoactive (US), Mantrose UK Ltd. (UK), Dental Development Systems LLC (US), Tomorrow Machine (Sweden), and Lactips (France). These players are undertaking a strategy involving new product launches, acquisitions, and collaborations & agreements to improve their market position and extend their competitive advantage. Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=7366
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