Edible Films and Coatings Market Research Report Size, Share & Trends & Forecast
The factors driving the growth of Edible Films and Coating Market includes rising consumers preference for environment friendly packaging solutions, growing use
Edible Films and Coating Market
The Edible Films and Coating Market is expected to expand at a robust CAGR over the forecast period.
The factors driving the growth of Edible Films and Coating Market includes rising consumers preference for environment friendly packaging solutions, growing use of films and coating to enhance the shelf life and quality of the food and increase in the sales of fruits and vegetables around the world. According to the report published by Statista, the Online Grocery Market was estimated around INR 100 billion in 2019 and is predicted to reach INR 1,170 billion by the end of 2024, which will accelerate the Edible Films and Coating Market size in the approaching years. Moreover, the natural biopolymers are easily available in agriculture, marine life and are biodegradable, growing adoption of advanced technologies by manufacturers and hectic lifestyles, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading players on research and development, growing awareness amongst consumers about the benefits of edible films and packaging, rising disposable incomes and rapid urbanization, are further propelling the Global Edible Films and Coating Market.
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However, the growth of Edible Films and Coating Market is hindered due to disruptions in the global supply chain.
Based on Material Type, the Polysaccharides segment held the highest market share in 2021
The Polysaccharides based edible films and coating possess excellent transport properties against the transport of oxygen and carbon dioxide and are used in fruits and vegetable for increasing the shelf life, are some of the factors responsible for the segment’s growth.
Based on Application, the Fruits and Vegetables segment emerged as the fastest growing segment during the forecast period
The edible films and coatings are extensively used in fruits and vegetables because it minimizes the oxidative reactions on fruits and vegetables and enhances and enhance glossiness, are the major factor propelling the segment’s growth.
Based on Region, the North American region captured the largest market share in 2021 and is anticipated to grow at a remarkable CAGR over the forecast period
Growing demand for environment friendly products, presence of the leading players, rising adoption of post-harvest management techniques in fruits and vegetables, rapid industrialization, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in North America.
Market Segmentation
Edible Films and Coating Market by Material Type
Protein
Polysaccharides
Lipids
Composites
Edible Films and Coating Market by Application
Fruits and Vegetables
Bakery and Confectionery
Dairy Products
Meat, Poultry, and Seafood
Nutritional Products
Edible Films and Coating Market by Region
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
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