According to Qualiket Research, Global Edible Packaging Market was valued at USD 536 million in 2019 which is expected to grow USD 678 million by 2030, at a CAGR 4.6%.
Edible packaging is used for wrapping and coating various pharmaceutical products and food products to extend their shelf life. Edible packaging is made up with various materials such as Lipids, Polysaccharides, Proteins, Composite Films, and Surfactants. Improvement in mechanical properties like permeation, migration, and minimization of respiration in fruits and vegetables, enhancements of sensory properties like sheen, limitation in movement of moisture and other gases, extension of shelf life, and provide antimicrobial or antioxidant properties, these the main advantages of the edible packaging.
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Market Segmentations:
- Global Edible Packaging Market is segmented into source such as Plant, and Animal, by material type such as Lipids, Polysaccharides, Proteins, Composite Films, and Surfactants. Further, Global Edible Packaging Market is segmented into end user such as Pharmaceuticals, and Food & Beverages.
- Also, Global Edible Packaging Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Key players:
· Devro plc, Watson, Inc., MonoSol, LLC, Tipa Corp, Skipping Rocks Lab, BluWrap, Safetraces, Inc., JRF Technology LLC., Tate & Lyle Plc., and WikiCell Designs Inc.
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