Return to: Market NewsIncreasing Environmental Concerns and Food Safety Properties Propel the Demand for Edible Packaging to Reach $1.4 billion by 2030A new report from Industry Experts Inc.., on "Edible Packaging" is unveiled. According to this global market research report, the demand for edible packaging is estimated at US$988.1 million in 2024 and projected to post a CAGR of 5.6% between 2024 and 2030 and reach US$1.4 billion by 2030. The global Edible Packaging market is driven by factors such as growing environmental concerns, consumer demand for sustainable solutions, and the push to reduce plastic waste. With increasing awareness of plastic pollution, both consumers and companies are shifting towards eco-friendly alternatives, prompting innovations in biodegradable and edible packaging materials. Additionally, advancements in material science, such as the use of polysaccharides, proteins, and seaweed, have improved the functionality and shelf life of edible packaging, making it a more viable option for food products. The Asia-Pacific region is projected to be the fastest-growing market, with a CAGR of 7.1% during the forecast period 2024-2030. This growth is driven by rising environmental awareness, increasing government initiatives to reduce plastic waste, and a growing population driving demand for sustainable packaging solutions. The region's expanding food and beverage industry, particularly in countries like China and India, boosts the adoption of innovative packaging to meet consumer preferences for eco-friendly products. The report analyzes the global market for edible packaging across major regions including North America (The United States, Canada, and Mexico), Europe (France, Germany, Italy, Spain, the United Kingdom & Rest of Europe), Asia-Pacific (Australia, China, India, Japan, South Korea & Rest of Asia-Pacific), South America (Argentina, Brazil & Rest of South America) and Middle East & Africa (Saudi Arabia, South Africa, UAE and Rest of Middle East & Africa). Worldwide market for edible packaging is studied in this report with respect to Source – Plant and Animal; Material – Protein, Polysaccharides, Lipids and Others; and End-Use Sector – Food & Beverages and Pharmaceutical. About Industry Experts, Inc. Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts. ... News Release: Increasing Environmental Concerns and Food Safety Properties Propel the Demand for Edible Packaging to Reach $1.4 billion by 2030 Submitted on: February 03, 2025 10:22:01 AM Submitted by: IndustryexpertsMedia On behalf of: industry-experts.com/verticals/packaging-materials/global-edible-packaging-market |