The market for protein films is anticipated to reach US$ 1.2 billion in 2022. By 2032, the market is anticipated to grow at a CAGR of 5.9% and reach US$ 2.2 billion.
In recent years, the adoption of edible packaging materials over synthetic films is expected to have increased the market share of protein films. During the forecast period, this packaging causes a rise in demand for protein films.
Additionally, the usage of protein films can be extended to the packaging of food items, particularly products, in discrete little pieces. It is also utilised for other packaged goods like beans, almonds, and cashew nuts, which are anticipated to drive market trends for protein films.
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Since protein films are superior to those made of polysaccharides and fat, their demand is increasing. The proteins’ distinctive structure gives them a variety of useful features, most notably a high intermolecular binding potential. These elements are probably going to accelerate the market growth for protein films throughout the anticipated year.
Because protein films and coatings are easily compostable and biodegradable, their use is increasing. Protein films are expected to grow in popularity as they disintegrate since they act as a supply of nitrogen, which benefits fertiliser. Collagen, gelatin, and soy protein films, among others, are categorised based on product and are projected to drive recent expansion in the protein films market.
How is the North America Protein Films Market Growing?
North America is anticipated to dominate theprotein films market sizeby acquiring 21% of the share in theprotein films market.
Due to growing advanced technologies and caters wide-scale technological adoption in protein films are rising theprotein films market share. Further with the advent of companies in nanotechnology,demand for protein filmsis anticipated to shoot up over the end of the forecast period.
Who are Some of the Key Competitors in the Protein Film Market?
Some of the prominent market players in the protein films market are:
- Davisco
- Proliant Inc. (USA)
- Fonterra (USA)
- Tate and Lyle
- The Solae Company
- Cargill
- Werner Mathis USA Inc.
- Mocon Inc.
- Monosol, LLC
- Watson Inc.
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These key players are focusing on the product as a point of consumers’ need with their various technical methods some of them are partnerships, product launches, and mergers. The company’s collaboration and acquisitions are also taking place to expand the business all around the region.
Recent Developments in the Protein Films Market are
Recently, IASST Guwahati Institute developed the ultrathin monolayer protein films which are more flexible as compared to other protein films. It consists of two proteins including bovine serum albumin and other is lysozyme. They used Langmuir-Blodgett methods to give thickness.
Key Segments
By Material Type:
- Collagen films
- Gelatin films
- Corn zein films
- Wheat gluten films
- Soy protein films
- Casein films
- Mung bean protein films
By End User:
- Food & beverages
- Pharmaceuticals
By Regions:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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