Global Edible Protein Packaging Market, By Source (Plant, Animal), Packaging Process (Antimicrobial, Nanotechnology, Electrohydrodynamic, Coatings, Microorganisms), End User (Food, Beverages, Pharmaceuticals), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Edible protein packaging market size is expected to grow at a compound annual rate of 8.90% in the forecast period 2021 to 2028 and is likely 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 in the forecast period of 2021 to 2028.
Edible packaging is generally made of materials which are approved and considered fit for packing the food stuffs. Edible packaging are also used to store, pack and ship food-stuffs and also help in protecting them from environmental factors such as heat, moisture, cold as well as microbial activity.
The major growing factor towards edible protein packaging market is the rapid increase in the demand for biodegradable packaging across the globe. Furthermore, the increase in processed food markets and rapid innovation in food packaging are also expected to heighten the overall demand for edible protein packaging market over the forecast period of 2021 to 2028. Moreover, the rapid change in the lifestyle along with high demand for instant and fast food are also expected to serve as foremost drivers for the edible protein packaging market at a global level. In addition, the increase in awareness regarding hygiene, health, food safety and quality and high adoption of edible packaging in different industries is also lifting the growth of the edible protein packaging market.
However, the low tensile strength when compared to traditional plastic and secondary packaging requirement are projected to act as a restraint towards the growth of edible protein packaging market, whereas the higher tolerability of water-soluble and biodegradable packaging can challenge the growth of the edible protein packaging market.
Moreover, the rapid innovations in packaging, rapid urbanization and rise in technologies for new packaging methods are expected to further generate new opportunities for the edible protein packaging market in the forecast period of 2021 to 2028.
This edible protein packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on edible protein packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Edible Protein Packaging Market Scope and Market Size
Edible protein packaging market is segmented on the basis of source, packaging process and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the edible protein packaging market has been segmented into plant and animal.
- Based on packaging process, the edible protein packaging market has been segmented into antimicrobial, nanotechnology, electro hydrodynamic, coatings and microorganisms.
- The end user segment of the edible protein packaging market has been segmented into food, beverages and pharmaceuticals. Food has further been segmented into fresh foods, bakery and confectionery products and frozen foods. Beverages have further been segmented into non-alcoholic beverages and alcoholic beverages.
Edible Protein Packaging Market Country Level Analysis
Edible protein packaging market is analyses and market size, volume information is provided by country, source, packaging process and end user as referenced above.
The countries covered in the edible protein packaging market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America leads the edible protein packaging market due 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. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 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.
The country section of the edible protein packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Edible Protein Packaging Market Share Analysis
Edible protein packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to edible protein packaging market.
The major players covered in the edible protein packaging report are Nagase America LLC, Devro, Monosol, LLC, JRF Technology, LLC, Webpac, Notpla Limited, TIPA LTD., Avani Eco, Incredible Foods, Inc., Ecoactive, Mantrose UK Ltd., CuanTec, Lactips, Tri-Mach Group Inc., Tate & Lyle, Ingredion, Bluwrap, Pace International LLC, Watson Inc., and Coveris among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.