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The below infographic includes key findings from our analysis of the edible packaging industry
According to our analysis, the growth of the packaged food industry will be one of the key factors driving the growth of the edible packaging market during the next few years. Owing to the changing lifestyles of individuals, developing countries such as India are witnessing an increase in the consumption of packaged food. Factors such as convenience of consumption, ready-to-eat option, and instant cooking possibility, are prompting demand in the packaged food market. It is observed that; the global packaged food market was valued at more than USD 2.5 trillion in 2017 and is likely to increase by more than 17% by 2022. North America is one of the leading markets in the packaged food industry as the consumption value of packaged food is 25% more than the consumption volume of fresh food. Globally, there is an increasing consumption of packaged food, which in turn is driving the edible packaging market positively. Our market research analysts have estimated that the edible packaging market will register a CAGR of more than 6% by 2022.
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With increasing innovations, edible films can also be used as flavored mouth fresheners and water-soluble films. Several companies in the market have started marketing edible films as teeth whitening strips and edible films for oral hygiene. Thus, increasing applications of edible films as oral hygiene products will be a key trend for the growth of the edible packaging market.
The edible packaging market has the presence of numerous companies and is quite competitive. By offering a detailed analysis of the market’s competitive landscape, this report helps companies helps companies gain a clear understanding of the level of competition in the edible packaging industry. Moreover, the report also provides information on the areas the companies are focusing on, which will aid clients focus on innovations.
This research report provides an analysis of the various companies in this market including:
The Americas occupied the highest share of the edible packaging market during 2017. The region will retain its market dominance share throughout the forecast period and this attribute to factors such as the growing demand for packaged food market.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY RAW MATERIAL
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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