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    Edible Packaging Market | Covid-19 Impact Analysis

    Edible Packaging Market | Covid-19 Impact Analysis

    Edible Packaging Market | Covid-19 Impact Analysis
    Report code - SRCG142 Delivery - 2 Weeks
    Edible Packaging Market Size, Share, Trend, Forecast, & Industry Analysis 
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    Impact of COVID-19 on Edible Packaging Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Edible Packaging Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Edible Packaging Market Insights

    Edible packaging market is likely to witness a healthy CAGR of 6.1% during the forecast period. The prime factors contributing to the high growth of edible packaging are mainly the increasing demand for recyclable packaging to reduce usage of single-use plastics, increasing consumption of packed food products and advancement in technologies for new packaging methods.     

    Edible Packaging Market - Snapshot

    Growth

    6.1% for the next five year

    Major Material Type

    Polysaccharides

    Dominant End-Use Industry Type

    Food & Packaging

    Region with the highest demand

    North America

    Key Players

    MonoSol LLC, JRF Technology, LLC, Nagase America LLC, Notpla Limited, Wikicell Designs Inc, Amtrex Nature Care Pvt. Ltd., EnviGreen Biotech Pvt. Ltd., Devro Plc, Apeel Sciences, Mantrose UK Ltd., Do Eat, and Lactips

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    Market Share Analysis

    Edible Packaging Market Share: By Material Type

    Based on the material type, the market is segmented as lipids, polysaccharides, proteins, and others. The polysaccharide-based edible packaging held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Starch is a polysaccharide which is widely used for making edible packaging.

    Edible Packaging Market Share: By Form Type

    Based on the form type, the edible packaging market is segmented as film and coating. The edible film segment is expected to remain the larger segment of the market during the forecast period, owing to its wider applications in various end-use industries.

    Edible Packaging Market Share: By End-Use Industry Type

    Based on the end-use industry type, the market is segmented as food, beverage, and pharmaceuticals. The food & beverage was the major end-use industry for the edible packaging market in 2019, and is expected to remain dominant during the forecast period as well. Edible packaging is widely used in the food & beverage industry for packing and protecting various food items such as vitamins, enzymes, food colors, food additives, beverage mixes, and soup.

    Edible Packaging Market Share: By Region

    In terms of regions, North America is expected to remain the dominant region in the market in the coming five years as the region is the early adopter of edible packaging solution. The USA will continue to propel the demand for edible packaging in the region over the next five years.

    Some of the major edible packaging manufacturers are-

    • MonoSol LLC
    • JRF Technology, LLC
    • Nagase America LLC
    • Notpla Limited
    • Wikicell Designs Inc
    • Amtrex Nature Care Pvt. Ltd.
    • EnviGreen Biotech Pvt. Ltd.
    • Devro Plc
    • Apeel Sciences
    • Mantrose UK Ltd.
    • Do Eat
    • Lactips.


    Market Scope & Segmentation

    Edible packaging is a primary packaging made from edible materials such as lipids, polysaccharides, proteins, or combination of three and others.

    Edible packaging is widely used for protecting foods and medicines from external environment including moisture, oxygen and other gases, fats and oils; for carrying active compounds such as antioxidants, antimicrobial agents, flavoring, pigments and nutrients; and for improving mechanical properties and shelf life of various products.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Edible Packaging Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    12

    No. of Figures & Tables

    >150

    Company Profiles

    10

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    The edible packaging market is segmented into the following categories. 

    Edible Packaging Market Size, Share, & Forecast, by Material Type:

    • Lipids (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polysaccharides (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Proteins (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Edible Packaging Market Size, Share, & Forecast, by Form Type:

    • Film (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Coating (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Edible Packaging Market Size, Share, & Forecast, by End-Use Industry Type:

    • Food
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (End-Use Industry Type Analysis: Raw & Processed Food, Bakery & Confectionery Products, and Frozen Foods)
    • Beverages
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (End-Use Industry Type Analysis: Non-Alcoholic Beverages and Alcoholic Beverages)
    • Pharmaceuticals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Edible Packaging Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of the material types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Edible Packaging Market in the foreseeable future?

    Driven by the factors like increasing demand for recyclable packaging to reduce usage of single-use plastics & increasing consumption of packed food products and advancement in technologies for new packaging methods, the edible packaging market is expected to witness an impressive growth of 6.1% CAGR.

    Who are the key players in the Edible Packaging Market?

    MonoSol LLC, JRF Technology, LLC, Nagase America LLC, Notpla Limited, Wikicell Designs Inc, Amtrex Nature Care Pvt. Ltd., EnviGreen Biotech Pvt. Ltd., Devro Plc, Apeel Sciences, Mantrose UK Ltd., Do Eat, and Lactips are among the key players in the edible packaging market.

    Which country/region is expected to remain dominant in the Edible Packaging Market?

    North America is expected to remain dominant region in the edible packaging market during the next five years.

    Which material type is expected to remain dominant in the market?

    The polysaccharide-based edible packaging is expected to remain dominant in the edible packaging market in the coming years.

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