Edible Films and Coatings Market Share

Geographically, the edible films and coatings market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The Asia Pacific industry is likely to account for largest revenue share by 2036, due to increasing awareness about environmental sustainability, and growing need to develop alternatives of plastic packaging solutions in the region. Furthermore, in 2021, the Asia Pacific market is evaluated to occupy the largest share in terms of revenue, owing to the growing government initiatives to curb plastic pollution. The European market leads in terms of innovation, which is also expected to contribute to the region's edible films and coatings market growth.