Edible Films and Coatings Market Research Report Size, Share & Trends & Forecast

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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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