Edible Films and Coatings Market to Surpass US$ 6269 Million 2032 | Future Market Insights, Inc.

From 2022 to 2032, the edible films and coatings market is anticipated to expand at CAGR of 9.2% and reach total market value of USD 6269 Mn. In 2022, the market is anticipated to be worth $2,600 Mn.

Market Analysis Based on Taxonomy

The global edible films and coatings market is segmented on the basis of ingredient type, application, and region. By ingredient type, the market is segmented into protein, polysaccharides, lipids, and others. The protein segment is expected to dominate the global market over the forecast period due to its widespread application in the food and pharmaceutical industry.

Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-907

Improvement of technologies and prices of raw materials are factors that will ensure polysaccharide remains an important ingredient type over the forecast period. Use of polysaccharides and protein films for the production of edible packaging films can offer lucrative growth opportunities for sustainable solutions due to reduced dependency on fossil fuel.

Materials such as composite films, lipid, polysaccharides, and protein-based materials can offer new functionalities such as computability and biodegradability. The protein segment is estimated to account for a relatively high value share of 41% by 2017 end, and is anticipated to register a CAGR of 5.0% in terms of value over the forecast period.

By application the global edible films and coatings market is segmented into dairy products, nutritional products, bakery & confectionary, fruits & vegetables, meat, poultry & fish, and others. The fruits and vegetables and meat, poultry & fish segments are anticipated to capture a large share of the global edible films and coatings market during the forecast period.

There is a shift from conventional case-ready packaging to portion-size packaging. This packaging format uses a primary package for the whole set of portioned fresh food and secondary packages for individual food products. Use of portion-sizes for food products allows consumers to use required amounts of meat and reduce wastage of food products.

Talk with Our Analyst@
https://www.futuremarketinsights.com/ask-question/rep-gb-907

This, in turn, is expected to create highly lucrative opportunities for food packaging manufacturers by increasing sales and would also boost existing revenue generation of edible films and coatings. The fruits and vegetables segment is estimated to account for a relatively high value share of 26.0% by 2017 end, and is anticipated to register a CAGR of 4.7% in terms of value over the forecast period.

Market Analysis by Region

This report covers trends driving each segment and offers analysis and insights regarding the potential of the edible films and coatings market in specific regions with region wise drivers, restraints, opportunities and trends. North America is expected to dominate the global edible films and coatings market and is projected to hold a value share of more than 30% throughout the forecast period.

The APEJ regional market is expected to witness a high growth rate in the global edible films and coatings market through 2027 in terms of demand, followed by Latin America and Japan. The MEA market for edible films and coatings is also anticipated to witness a substantial consumption rate over the forecast period.

Buy Complete Report@ https://www.futuremarketinsights.com/checkout/907

Vendor Landscape

Edible films and coatings market players profiled in the report include Tate & Lyle PLC, Dupont de Nemours and Company, Ashland INC., Ingredion INC., Koninklijke DSM N.V., Cargill Inc. Devro Plc.,Kerry Group PLC, Nagase & Co. Ltd., FMC Corporation, MonoSol, LLC., CP Kelco, WikiCell Designs Inc., FUERST DAY LAWSON HOLDINGS LIMITED, W Hydrocolloids, Inc., Watson Foods CO. INC., Mantrose-Haeuser Co., Inc. (RPM International), Pace International LLC., Proinec (Production and Innovation on Edible Coatings, SL), Takikawa Oblate Corporation, Limited.

Frequently Asked Questions

  • At what CAGR is the market expected to grow?
  • What are the key trends boosting Edible Coating & Films sales?
  • How are market players reacting to the new developments in the market?
  • How much share do the top 3 companies hold?
  • Which are the major countries driving demand for Edible Coating & Films?
  • Who are the major players in the Edible Coating & Films Consumer Market?
  • At what rate will the U.S. Edible Coating & Films consumer market grow?

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Other Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

Leave a comment

Your email address will not be published. Required fields are marked *