The Global Edible Protein Packaging Market is estimated to exhibit a CAGR of 8.90% during the forecast period of 2021-2028 and is expected to reach USD 6.32 billion by 2028. The rise in the usage in the pharmaceutical industry is the factor responsible for the growth of edible protein packaging market.
However, the low tensile strength when compared to traditional plastic and secondary packaging and higher tolerability of water-soluble and biodegradable packaging can challenge the growth of the edible protein packaging market.
According to Data Bridge Market Research, the edible protein packaging market will exhibit a significant rise in its market value. The major growing factors towards edible protein packaging market are the rapid increase in the demand for biodegradable packaging across the globe, the rapid change in the lifestyle along with high demand for instant and fast food, increase in awareness regarding hygiene, health, food safety and quality and high adoption of edible packaging in different industries.
Currently, North America dominates the global edible protein packaging market owing to the strong presence of a large-sized processed food and pharmaceutical industries associated with the existence of a large number of edible packaging producers.
Now the question is which are the other regions that the edible protein packaging market is targeting? Data Bridge Market Research has estimated a large growth in the Asia-Pacific due to the rise in the awareness among the consumers regarding drawbacks of use of plastics for food packing associated with the ban on single-use plastics.
For more analysis on the global edible protein packaging market request for a briefing with our analysts, https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-edible-protein-packaging-market
The global edible protein packaging market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Key Market Competitors Covered in Edible Protein Packaging Market Report
Above are the key players covered in the report, to know about more and exhaustive list of edible protein packaging market companies contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-edible-protein-packaging-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Edible Protein Packaging Market – Industry Trends and Forecast to 2028