The global edible packaging market size is projected to grow from USD 527 million in 2019 to USD 679 million by 2025, at a CAGR of 4.3%. The rise in the popularity of edible packaging solutions can be attributed to government initiatives, advancements in packaging technologies, and the development of new sources for edible packaging solutions. China, Indonesia, and India are among the key markets targeted by edible packaging manufacturers and distributors due to the government policies favoring edible packaging solutions and established base for raw materials in terms of plant-based sources that support the growth of edible packaging solutions in the region.
Edible packaging refers to a thin layer of edible film or coating formed on or applied on the surface of the food or produce thereby allowing for it to be consumed along with the product. It is intended to act as a barrier on the surface of the food product and help preserve it. Edible packaging is known to offer a significant advantage as it is sustainable, biodegradable, and can be manufactured from inexpensive ingredients such as the by-products of processed food as against non-biodegradable plastics, which can take millions of years to compost and degrade.
A gradual rise in the trend of ready-to-eat foods amongst the population has led to an increasing share in the market for edible packaging products. Animal and plant sources are used in the manufacture of edible packaging products. Natural or plant sources such as seaweed, mushroom roots, corn, bagasse, and starch are used in the manufacture of edible films and casings, and animal sources vary in terms of casings made from collagen, gelatin, chitosan, waxes, and hydrocolloids. Animal sources of protein range from collagen and gelatin to fish myofibrillar protein.
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Gelatin is a protein obtained by the process of partially hydrolyzing the collagen present in the animal bones and possesses heat stabilizing properties. Edible films and casings made from gelatin act as a stabilizer and aid in extending the shelf-life of the product and prevent spoilage of food, thereby helping in the preservation of food components. Edible films made from collagen aid in ensuring reduced loss of moisture from the food product. Along with the function of preservation, they help prevent discoloration in food products.
The Asia Pacific region is projected to grow at the highest rate in the global edible packaging market. The increasing population in developing nations such as India and China, growth in the food packaging industry, government regulations & initiatives, and potential ban on the use of single-use plastics within countries in the region are expected to support the industry and are key factors that contribute to the adoption of edible packaging in this region. Major countries such as Indonesia, Thailand, China, and India are focusing on zero-waste packaging by eliminating the imports of solid wastes and developing solutions for recycling.
The North American edible packaging market is estimated to be the largest between 2019 and 2025, while Asia Pacific is projected to grow at the highest CAGR. North America accounts for a large consumer base in edible packaging solutions. The region is marking a paradigm shift from the use of single-use plastics to edible alternatives as a key method for reducing packaging waste. Food & beverage manufacturers as well as foodservice outlets in the region are adopting edible packaging solutions into their product formats in an effort to reduce wastage and are incentivized through federal tax breaks.
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The key edible packaging manufacturers in this market 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.