Edible Films and Coating Market – Global Industry Analysis and Forecast (2023-2029) by Type, Application and Region

Edible Films and Coating Market was valued at US$ 2.79 Bn. in 2022. Global Edible Films and Coating Market size is expected to grow at a CAGR of 7.5% through the forecast period.
Edible Films and Coating Market Overview:
Edible Films and coatings are thin layers of covering which are used to preserve perishable food materials. These coatings are made of edible materials like lipids, proteins and polysaccharides which make them perfectly safe to consume. They can be utilized as film wraps or pockets for food or framed as film coatings on food or between food parts. When devoured with the food, an eatable film or covering turns into an element of the food.

Interest in the use of edible coatings has expanded on the grounds that they can be utilized to keep up with quality by controlling oxygen and carbon dioxide exchange between the item and the atmosphere and by giving microbial security to the item by consolidating antimicrobial specialists. Moreover, the rise in post- harvest losses of fruits and vegetables due to their over ripening can boost the demand for edible films and coatings globally.

To know about the Research Methodology :- Request Free Sample Report

2022 is considered as a base year to forecast the market from 2023 to 2029. 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2029. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.
Edible Films and Coating Market Dynamics:
Market Drivers:

The increasing concern for food nutrition and safety among the buyers and growers, coupled with an increase in awareness about health and wellness, has led to the demand for organic fruits along with healthy preservation techniques. The rising consciousness for food sustenance and well-being among the consumers and producers, combined with awareness about wellbeing and health, has prompted the interest in natural organic products alongside healthy preservation techniques. The edible films and coatings have various advantages in contrast to synthetic packaging. These are driving the demand of Edible Films and Coating Market.

Consumable material contains polymer, and it benefits in more than one way as it holds low unit weight and great shear qualities. The utilization of biopolymers has several benefits in life sciences as it is accessible from farming, marine life, or animals and has biocompatibility, and is effectively biodegradable. Edible coatings are also used to layer fruits as it helps control the atmospheric changes that delay the ripening of the fruit. Moreover, an increased sense of responsibility towards the environment and consciousness of consuming healthy and organic food has marked a positive effect on the global edible films and coating market, leading to These are driving the demand of Edible Films and Coating Market’s steady growth.

Market Restraints: The undesirable impacts of a few organic product coatings and rising consumer tendency towards non-covered organic fruits are anticipated to limit Edible Films and Coating market development. For example, lipid-based coatings give a shiny surface and undesirable lipid rancidity and waxy taste. The absence of local manufacturers and import reliance of edible films and coatings brings about a high benefit of packaging over the current packaging arrangements. This, combined with the limitations on accessibility, is expected to bring a significant restriction globally for the development of the eatable films and coatings market through the forecast period.
Edible Films and Coating Market Segment Analysis:
Based on Material Type, Polysaccharides dominated the market with 40.1% share in 2021. Reason being their biocompatibility, biodegradability, and non-toxic properties towards living organisms. Polysaccharides are normal polymers utilized broadly to create consumable coating or films. Instances of polysaccharides utilized in the creation of these films incorporate; Pectin, cellulose, starch, chitosan, alginates, and pollutant.

Lipids are expected to grow at a CAGR of 4% through the forecast period. Lipids are normally hydrophobic in nature making them awesome materials to be utilized in eatable covering since they can assist with settling dampness movement into the new food item, which can cause a few critical deteriorative changes in the food material. Edible coatings made of protein are supposed to have an appeal in the market due to their advantages to the living creature, and the protein layers can be easily applied to the parcels of food things.

Based on the Application, the fruits and vegetable fragment in the eatable films and coatings market is expected to grow at a CAGR of 5.1 % through the forecast period. The development of this segment can be credited to the way that edible films and coatings are sustainable and healthy option in contrast to the other synthetic packaging materials.
Edible Films and Coating Market Regional Insights:
The Asia-Pacific region dominated the market with 40 % share in 2021. China and Japan are significant consumers of the edible films and coatings market in the world. In China, xanthan gum is one of the most regularly involved eatable coatings in food items, which is leading to the popularity for polysaccharide-based films and coatings in the country.

The North America region is expected to witness significant growth at a CAGR of 4.5% through the forecast period. North America represents a huge purchaser base in eatable packaging. The area is denoting a change with respect to the utilization of single-use plastics to eatable choices as a vital technique for decreasing plastic waste. Food and refreshment makers, as well as foodservice outlets in the locale, are adopting edible packaging arrangements into their business with an end goal of reducing wastage and providing a healthy perks to their consumers.

The objective of the report is to present a comprehensive analysis of the global Edible Films and Coating Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Edible Films and Coating Market dynamic, structure by analyzing the market segments and projecting the Server Operating System Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Edible Films and Coating Market make the report investor’s guide.
Edible Films and Coating Market Scope: Inquiry Before Buying



Edible Films and Coating Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 2.79 Bn.


Forecast Period 2023 to 2029 CAGR:
7.5%
Market Size in 2029:
US $ 4.63 Bn.


 Segments Covered:
by Material
• Polysaccharides
• Proteins
• Lipids
• Composites


by Application
• Dairy Products
• Bakery
• Fruits and vegetables
• Meat, Poultry and Seafood


by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)



Edible Films and Coating Market Key Players:
• Ingredion Incorporated
• Sumitomo Chemical Co. Ltd.
• Tate & lyle
• TIPA LTD
• BluWrap
• CP Kelco
• WikiCell Designs Inc.
• JRF Technology LLC.
• Safetraces, Inc.
• Skipping Rocks Lab
• MonoSol, LLC
• Watson, Inc.
• Dohler Group
• Evowar
• Do-Eat
• Lactips
• Candy Cutlery

Frequently Asked Questions:

1] What segments are covered in the Global Edible Films and Coating Market report?
Ans. The segments covered in the Edible Films and Coating Market report are based on Material and Application.

2] Which region is expected to hold the highest share in the Edible Films and Coating Market?
Ans. The North America region is expected to hold the highest share in the Edible Films and Coating Market

3] What is the market size of the Edible Films and Coating Market by 2029?
Ans. The market size of the Edible Films and Coating Market by 2029 is expected to reach US$ 4.63 Bn.

4] What is the forecast period for the Global Edible Films and Coating Market?
Ans. The forecast period for the Edible Films and Coating Market is 2023-2029.

5] What was the market size of the Global Edible Films and Coating Market in 2022?
Ans. The market size of the Edible Films and Coating Market in 2022 was valued at US$ 2.79 Bn.