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Edible Films and Coatings Market Trends

  • Report ID: 2910
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Edible Films and Coatings Market Trends

Growth Drivers

  • Increasing prevalence of eco-friendly packaging solutions
  • Increasing governmental initiatives

Challenges

  • Expensive packaging solutions
  • Lack of awareness about environmental sustainability in under-developed countries

Edible Films and Coatings Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

7.6%

Base Year Market Size (2023)

USD 3.12 billion

Forecast Year Market Size (2036)

USD 8.09 billion

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:

Author Credits:  Parul Atri


  • Report ID: 2910
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing prevalence of eco-friendly packaging solutions due to sustainability awareness is the key factor driving the market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

Costly packaging and lack of awareness about environmental sustainability in lower economic regions are estimated to hamper market growth.

The market in the Asia Pacific region will provide ample growth opportunities owing to the increasing awareness about plastic pollution and environmental sustainability.

The major players dominating the edible films and coatings market are Dohler Group, Dupont, NAGASE & CO., LTD., and Ingredion, among others.
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