Global Edible Packaging Market Size By Material Type (Lipids, Polysaccharides), By End User (Food & beverages, Pharmaceuticals), By Geographic Scope And Forecast

Report ID: 289622|No. of Pages: 202

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Global Edible Packaging Market Size By Material Type (Lipids, Polysaccharides), By End User (Food & beverages, Pharmaceuticals), By Geographic Scope And Forecast

Report ID: 289622|Published Date: Jun 2024|No. of Pages: 202|Base Year for Estimate: 2024|Format:   Report available in PDF formatReport available in Excel Format

Edible Packaging Market Size And Forecast

Edible Packaging Market size was valued at USD 0.78 Billion in 2024 and is projected to reach USD 1.105 Billion by 2031, growing at a CAGR of 5.25% during the forecast period 2024-2031.

Edible packaging is a type of packaging used to package food products or consumer products such as medicine. Edible packaging is mostly done to increase the shelf life of food products. Edible packaging is intended for consumption and has the ability to biodegrade effectively. Edible packaging is made from a variety of materials such as surfactants, polysaccharides, protein films, lipids and composite films. The Global Edible Packaging Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

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Edible Packaging Market is estimated to grow at a CAGR of 5.25% & reach USD 1.105 Billion by the end of 2031

Global Edible Packaging Market Definition

Edible packaging is primarily food packaged using food. They replace the packaging material with plastic or paper and something edible is used instead. In this way, the waste of packaging material is also eliminated. The main idea behind edible packaging is also the consumption of the packaging material once the food inside is ready. The packaging method is likely to gain momentum in the coming years.

For example, in November 2018, a researcher from the University of Nottingham invented an edible and purely biodegradable food film. The film was developed using vegetable carbohydrates and proteins. It was obtained using starch and konjac flour, proteins or cellulose. In addition to biodegradable packaging, it also contributes to improving the safety, storage and durability of food products.

It’s actually a great concept, but it comes with a few challenges. Challenges may slow the growth of the global Edible Packaging Market. However, the consistent development of new sources for edible packaging by product, advancements in packaging technologies and initiatives by government authorities are linked. contributing to the growth of the global Edible Packaging Market.

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Global Edible Packaging Market Overview

Edible packaging helps protect the environment as the user can eat the packaging of the food product itself, reducing packaging waste. According to the Environmental Protection Agency (EPA), approximately 30.2% of household waste is food containers and packaging. Edible packaging also contains packaging films that are made of milk proteins, vitamins, proteins and probiotics, which have essential nutrients and are able to provide an oxygen barrier to food and thus prevent contamination. Plastic emissions and waste are considered harmful to the environment because recycling plastics takes a huge amount of time. All these factors have fueled the growth of the Edible Packaging Market.

The demand for processed food products has been increasing in the last few years. These food products contain added sugar, fats, oils and salts to enhance the flavor and taste of the food. In addition, processed foods require packaging with a longer shelf life, which edible packaging is able to provide. Due to the high consumption of processed foods, the use of edible films and coatings is expected to drive the growth of the Edible Packaging Market. The Edible Packaging Market is still in its nascent stage and there are various advancements in the market. The nutritional properties of foods are enhanced by the use of nanotechnological solutions such as nanoencapsulation and multifaceted systems. Nanoencapsulation of active composites with an edible coating helps protect food from moisture and heat and prevents other particles from entering the food.

The costs of producing edible packaging are high, as the packaging must meet hygienic requirements during transport. In addition, edible layers are more susceptible to trapping dirt and bacteria and other harmful particles that can contaminate the food product. Companies therefore have to spend a lot of money to protect these layers from catching dirt and germs. Edible films must be generally recognized as safe (GRAS) by the US Food and Drug Administration. In addition, edible films must consist of a water-soluble polymer and must be produced on machinery considered suitable for processing food products. Ingredients used in edible polymers must contain general purpose additives. Another regulatory requirement specifies that if ingredients used in edible polymers are allergenic, then this should be clearly defined on the label.

Edible films are in direct contact with food products and are made from safe and healthy ingredients such as protein ingredients namely gluten, soy, casein, zein, whey proteins and collagen. Edible packaging therefore helps maintain product shelf life and increase food quality, minimizing the use of conventional/synthetic packaging while protecting the environment. Edible films prevent chemical damage to food, thereby extending its shelf life.

Global Edible Packaging Market Segmentation Analysis

The Global Edible Packaging Market is Segmented on the basis of Material Type, End User, And Geography.

Edible Packaging Market Segmentation Analysis

Edible Packaging Market, By Material Type

  • Lipids
  • Polysaccharides
  • Proteins
  • Composite films
  • Surfactants

Based on the Material Type, the market is bifurcated into Lipids, Polysaccharides, Proteins, Composite films, and Surfactants.

Edible Packaging Market, By End User

  • Food & beverages
  • Pharmaceuticals

Based on the End User, the market is bifurcated into Food & beverages, Pharmaceuticals. Edible packaging is primarily food packaged using food. They replace the packaging material with plastic or paper and something edible is used instead. In this way, the waste of packaging material is also eliminated. The main idea behind edible packaging is also the consumption of the packaging material once the food inside is ready. The packaging method is likely to gain momentum in the coming years. For example, in November 2018, a researcher from the University of Nottingham invented an edible and purely biodegradable food film. The film was developed using vegetable carbohydrates and proteins. It was obtained using starch and konjac flour, proteins or cellulose. In addition to biodegradable packaging, it also contributes to improving the safety, storage and durability of food products.

It’s actually a great concept, but it comes with a few challenges. Challenges may slow the growth of the global Edible Packaging Market. However, the consistent development of new sources for edible packaging by product, advancements in packaging technologies, and initiatives by government authorities are linked. contributing to the growth of the global Edible Packaging Market.

Edible Packaging Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

On the basis of Geography, the Global Edible Packaging Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.

Key Players

The “Global Edible Packaging Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are WikiCell Designs Inc., Tate & Lyle Plc., JRF Technology LLC., Safetraces, Inc., BluWrap, Skipping Rocks Lab, Tipa Corp, MonoSol, LLC, Watson, Inc., Devro plc.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Key Developments

Edible Packaging Market Key Developments And Mergers

  • In November 2020, researchers at IIT (Indian Institute of Technology), Kharagpur developed a biodegradable food packaging material from high-cellulose cucumbers that could be used instead of single-use plastic for food packaging material.
  • In June 2020, an EU-funded project called YPACK was launched to develop biodegradable food packaging that is edible in nature, as YPACK has developed a bioplastic alternative to traditional plastic food packaging over the past few years. YPACK compostable packaging is made from a sustainable biopolymer, poly(3-hydroxybutyrate-co-3-hydroxyvalerate) (PHBV), made from the industrial by-products of cheese whey and microcellulose from almond husks.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Ace Matrix Analysis of Edible Packaging Market

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Edible Packaging market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Geographical Representation of Edible Packaging Market

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in Edible Packaging market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Porter\'s Five Forces Framework of Edible Packaging Market

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

WikiCell Designs Inc., Tate & Lyle Plc., JRF Technology LLC., Safetraces, Inc., BluWrap, Skipping Rocks Lab, Tipa Corp, MonoSol, LLC, Watson, Inc., Devro plc

SEGMENTS COVERED
  • By Material Type
  • By End User
  • By Geography
CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Verified Market Research

Research Methodology of VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

Edible Packaging Market was valued at USD 0.78 Billion in 2024 and is projected to reach USD 1.105 Billion by 2031, growing at a CAGR of 5.25% during the forecast period 2024-2031

Edible packaging is a type of packaging used to package food products or consumer products such as medicine. Edible packaging is mostly done to increase the shelf life of food products.

The Major Players are WikiCell Designs Inc., Tate & Lyle Plc., JRF Technology LLC., Safetraces, Inc., BluWrap, Skipping Rocks Lab, Tipa Corp, MonoSol, LLC, Watson, Inc., Devro plc.

The Global Edible Packaging Market is Segmented on the basis of Material Type, End User, And Geography.

The sample report for the Edible Packaging Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1 INTRODUCTION
1.1 MARKET DEFINITION
1.2 MARKET SEGMENTATION
1.3 RESEARCH TIMELINES
1.4 ASSUMPTIONS
1.5 LIMITATIONS

2 RESEARCH METHODOLOGY
2.1 DATA MINING
2.2 SECONDARY RESEARCH
2.3 PRIMARY RESEARCH
2.4 SUBJECT MATTER EXPERT ADVICE
2.5 QUALITY CHECK
2.6 FINAL REVIEW
2.7 DATA TRIANGULATION
2.8 BOTTOM-UP TATE & LYLE PLCROACH
2.9 TOP DOWN TATE & LYLE PLCROACH
2.10 RESEARCH FLOW
2.11 KEY INSIGHTS FROM INDUSTRY EXPERTS
2.12 DATA SOURCES

3 EXECUTIVE SUMMARY
3.1 OVERVIEW
3.2 GLOBAL EDIBLE PACKAGING ECOLOGY MTATE & LYLE PLCING
3.3 GLOBAL EDIBLE PACKAGING MARKET ATTRACTIVENESS ANALYSIS
3.4 GLOBAL EDIBLE PACKAGING MARKET ABSOLUTE MARKET OPPORTUNITY
3.5 GLOBAL EDIBLE PACKAGING MARKET GEOGRAPHICAL INSIGHTS
3.6 GLOBAL EDIBLE PACKAGING MARKET, BY MATERIAL TYPE (USD MILLION)
3.7 GLOBAL EDIBLE PACKAGING MARKET, BY END-USER (USD MILLION)
3.8 FUTURE MARKET OPPORTUNITIES
3.9 GLOBAL MARKET SPLIT

4 MARKET OUTLOOK
4.1 GLOBAL EDIBLE PACKAGING MARKET EVOLUTION
4.2 GLOBAL EDIBLE PACKAGING MARKET OUTLOOK
4.3 MARKET DRIVERS
4.4 MARKET RESTRAINT
4.5 OPPORTUNITIES
4.6 IMPACT OF COVID-19 ON THE GLOBAL EDIBLE PACKAGING MARKET
4.7 PORTER’S FIVE FORCES ANALYSIS
4.7.1 THREAT OF NEW ENTRANTS
4.7.2 THREAT OF SUBSTITUTES
4.7.3 BARGAINING POWER OF SUPPLIERS
4.7.4 BARGAINING POWER OF BUYERS
4.7.5 INTENSITY OF COMPETITIVE RIVALRY
4.8 MACROECONOMIC ANALYSIS
4.9 VALUE CHAIN ANALYSIS
4.10 PRICING ANALYSIS

5 MARKET, BY MATERIAL TYPE
• OVERVIEW
• Lipids
• Polysaccharides
• Proteins
• Composite films
• Surfactants

6 MARKET, BY END-USER
• OVERVIEW
• Food & beverages
• Pharmaceuticals

7 MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 GERMANY
7.3.3 U.K.
7.3.4 FRANCE
7.3.5 ITALY
7.3.6 SPAIN
7.3.8 REST OF EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 REST OF APAC
7.5 LATIN AMERICA
7.5.1 LATIN AMERICA MARKET SNAPSHOT
7.5.2 BRAZIL
7.5.3 ARGENTINA
7.5.4 REST OF LATIN AMERICA
7.6 MIDDLE EAST AND AFRICA
7.6.1 MIDDLE EAST AND AFRICA MARKET SNAPSHOT
7.6.2 UAE
7.6.3 SAUDI ARABIA
7.6.4 SOUTH AFRICA
7.6.5 REST OF MIDDLE EAST AND AFRICA

8 COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 KEY DEVELOPMENT STRATEGIES
8.3 COMPANY MARKET RANKING ANALYSIS
8.4 COMPANY REGIONAL FOOTPRINT
8.5 COMPANY INDUSTRY FOOTPRINT
8.6 ACE MATRIX
8.3.1 ACTIVE
8.3.2 CUTTING EDGE
8.3.3 EMERGING
8.3.4 INNOVATORS

9 COMPANY PROFILES

9.1 WIKICELL DESIGNS INC
9.1.1 COMPANY OVERVIEW
9.1.2 COMPANY INSIGHTS
9.1.3 MATERIAL TYPE BENCHMARKING
9.1.4 WINNING IMPERATIVES
9.1.5 CURRENT FOCUS & STRATEGIES
9.1.6 THREAT FROM COMPETITION
9.1.7 SWOT ANALYSIS

9.2 TATE & LYLE PLC
9.2.1 COMPANY OVERVIEW
9.2.2 COMPANY INSIGHTS
9.2.3 MATERIAL TYPE BENCHMARKING
9.2.4 WINNING IMPERATIVES
9.2.5 CURRENT FOCUS & STRATEGIES
9.2.6 THREAT FROM COMPETITION
9.2.7 SWOT ANALYSIS

9.3 JRF TECHNOLOGY LLC.
9.3.1 COMPANY OVERVIEW
9.3.2 COMPANY INSIGHTS
9.3.3 MATERIAL TYPE BENCHMARKING
9.3.4 KEY DEVELOPMENTS
9.3.5 WINNING IMPERATIVES
9.3.6 CURRENT FOCUS & STRATEGIES
9.3.7 THREAT FROM COMPETITION
9.3.8 SWOT ANALYSIS

9.4 SAFETRACES, INC.
9.4.1 COMPANY OVERVIEW
9.4.2 COMPANY INSIGHTS
9.4.3 MATERIAL TYPE BENCHMARKING

9.5 BLUWRAP
9.5.1 COMPANY OVERVIEW
9.5.2 COMPANY INSIGHTS
9.5.3 MATERIAL TYPE BENCHMARKING
9.6 SKIPPING ROCKS LAB
9.6.1 COMPANY OVERVIEW
9.6.2 COMPANY INSIGHTS
9.6.3 MATERIAL TYPE BENCHMARKING

9.7 TIPA CORP
9.7.1 COMPANY OVERVIEW
9.7.2 COMPANY INSIGHTS
9.7.3 MATERIAL TYPE BENCHMARKING
9.7.4 KEY DEVELOPMENTS

9.8 MONOSOL, LLC
9.8.1 COMPANY OVERVIEW
9.8.2 COMPANY INSIGHTS
9.8.3 MATERIAL TYPE BENCHMARKING
9.8.4 KEY DEVELOPMENTS

9.9 WATSON, INC.
9.9.1 COMPANY OVERVIEW
9.9.2 COMPANY INSIGHTS
9.9.3 MATERIAL TYPE BENCHMARKING
9.9.4 KEY DEVELOPMENTS

9.10 DEVRO PLC
9.10.1 COMPANY OVERVIEW
9.10.2 MATERIAL TYPE BENCHMARKING
9.10.3 KEY DEVELOPMENTS
9.10.4 KEY DEVELOPMENTS

LIST OF TABLES
TABLE 1 Global Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 2 Global Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 3 Global Edible Packaging Market, By Geography, 2022 – 2030 (USD Million)
TABLE 4 North America Edible Packaging Market, By Country, 2022 – 2030 (USD Million)
TABLE 5 North America Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 6 North America Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 7 US Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 8 US Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 9 Canada Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 10 Canada Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 11 Mexico Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 12 Mexico Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 13 Europe Edible Packaging Market, By Country, 2022 – 2030 (USD Million)
TABLE 14 Europe Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 15 Europe Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 16 Germany Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 17 Germany Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 18 UK Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 19 UK Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 20 France Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 21 France Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 22 Rest of Europe Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 23 Rest of Europe Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 24 Asia-Pacific Edible Packaging Market, By Country, 2022 – 2030 (USD Million)
TABLE 25 Asia-Pacific Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 26 Asia-Pacific Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 27 China Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 28 China Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 29 Japan Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 30 Japan Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 31 India Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 33 India Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 34 India Edible Packaging Market, By Distribution Channel, 2022 – 2030 (USD Million)
TABLE 35 Rest of Asia-Pacific Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 36 Rest of Asia-Pacific Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 37 RoW Edible Packaging Market, By Country, 2022 – 2030 (USD Million)
TABLE 38 RoW Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 39 RoW Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 40 Middle East and Africa Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 41 Middle East and Africa Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 42 Latin America Edible Packaging Market, By Material Type , 2022 – 2030 (USD Million)
TABLE 43 Latin America Edible Packaging Market, By End-User, 2022 – 2030 (USD Million)
TABLE 44 WIKICELL DESIGNS INC: Material Type Benchmarking
TABLE 45 WIKICELL DESIGNS INC: Key Development
TABLE 46 TATE & LYLE PLC: Material Type Benchmarking
TABLE 47 TATE & LYLE PLC: Key Development
TABLE 48 JRF Technology LLC.: Material Type Benchmarking
TABLE 49 JRF Technology LLC.: Key Development
TABLE 50 JRF Technology LLC.: Material Type Benchmarking
TABLE 51 JRF Technology LLC.: Key Development
TABLE 52 Safetraces, Inc.: Material Type Benchmarking
TABLE 53 Safetraces, Inc.: Key Development
TABLE 54 BluWrap: Material Type Benchmarking
TABLE 55 BluWrap: Key Development
TABLE 56 Skipping Rocks Lab: Material Type Benchmarking
TABLE 57 Skipping Rocks Lab: Key Development
TABLE 58 Tipa Corp: Material Type Benchmarking
TABLE 59 Tipa Corp: Key Development
TABLE 60 MonoSol, LLC: Material Type Benchmarking
TABLE 61 MonoSol, LLC: Key Development
TABLE 62 Watson, Inc.: Material Type Benchmarking
TABLE 63 Watson, Inc.: Key Development
TABLE 64 Devro plc: Material Type Benchmarking
TABLE 65 Devro plc: Key Development

LIST OF FIGURES

FIGURE 1 Global Edible Packaging Market Segmentation
FIGURE 2 Research Timelines
FIGURE 3 Data Triangulation
FIGURE 4 Market Research Flow
FIGURE 5 Data Sources
FIGURE 6 Global Edible Packaging Market Overview
FIGURE 7 Global Edible Packaging Market Geographical Analysis, 2022-2030
FIGURE 8 Global Edible Packaging Market, By Material Type (USD Million)
FIGURE 9 Global Edible Packaging Market, By End-User (USD Million)
FIGURE 10 Future Market Opportunities
FIGURE 11 Porters Five Force Model
FIGURE 12 COVID-19 Analysis
FIGURE 13 Global Edible Packaging Market Geographical Analysis, 2022-2030
FIGURE 14 Global Edible Packaging Market, By Material Type (USD Million)
FIGURE 15 Global Edible Packaging Market, By End-User (USD Million)
FIGURE 16 North America Snapshot
FIGURE 17 North America Edible Packaging Market Share, By Country, 2022
FIGURE 18 Europe Snapshot
FIGURE 19 Europe Edible Packaging Market Share, By Country, 2022
FIGURE 20 Asia-Pacific Snapshot
FIGURE 21 Asia-Pacific Edible Packaging Market Share, By Country, 2022
FIGURE 22 RoW Snapshot
FIGURE 23 RoW Edible Packaging Market Share, By Country, 2022
FIGURE 24 Key Strategic Developments
FIGURE 25 WIKICELL DESIGNS INC Company Insight
FIGURE 26 SWOT Analysis: WIKICELL DESIGNS INC
FIGURE 27 TATE & LYLE PLC Company Insight
FIGURE 28 SWOT Analysis: TATE & LYLE PLC
FIGURE 29 JRF Technology LLC. Company Insight
FIGURE 30 SWOT Analysis: JRF Technology LLC.
FIGURE 31 Safetraces, Inc. Company Insight
FIGURE 32 BluWrap Company Insight
FIGURE 33 Skipping Rocks Lab Company Insight
FIGURE 34 Tipa Corp Company Insight
FIGURE 35 MonoSol, LLC Company Insight
FIGURE 36 Watson, Inc. Company Insight
FIGURE 37 Devro plc Company Insight

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Edible Packaging Market

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