Edible Packaging Market Latest Trends, Future Strategies And Growth Forecast Till 2030

-
Edible Packaging Market
Edible Packaging Market

A type of packaging called edible packaging is used to package food items or consumables like medicines. The main goal of edible packaging is to extend the shelf life of food goods. They have the capacity to biodegrade well and are created to be consumed. Different materials, including surfactant, polysaccharides, protein films, lipid, and composite films, are used to make edible packaging.

The Edible Packaging Market is anticipated to reach US$ 1,004.8 million in 2021 and grow at a 6.9% CAGR during the projected period (2021-2028).

Due to increased consumer and producer worries about single-use plastics and a future ban, edible packaging has become more important. The opportunities for manufacturers have also been improved by developments in edible packaging supplies. In addition to offering a sustainable option for container uses in foodservice and delivery applications, edible packaging aids in reducing waste that would otherwise be produced from single-use plastics.

A London-based firm called Notpla developed edible seaweed packaging in October 2020 as a replacement for traditional plastic packaging. A New York-based business called Loliware began making edible straws made of algae and seaweed in January 2020. In order to effectively replace plastic packaging, a Polish designer by the name of Roza Janusz developed a biodegradable and edible packaging material called "Scoby" in October 2019. In terms of volume, North America owned the majority of the Edible Packaging Market worldwide in 2020, with a 35.7% share, followed by Europe and Asia Pacific. 

The rapid use of packaged food products is fueling market expansion in this area. The Edible Packaging Market is expanding due to the increased desire to eliminate wasteful use of packaging materials. About one-third of the rubbish in the world is packaging. Recycling of solid trash is therefore necessary in order to reduce the garbage produced on land due to increased awareness of environmental issues including solid waste disposal and reducing the amount of waste generated on landfills. The use of edible packaging helps keep waste out of landfills.

Comments

Post a Comment

Popular posts from this blog

Security Robot Market to Reach US$ 11.8 Billion by 2022

-
Image
Security Robot Market The Global Security Robot Market is estimated to be valued at US$ 11.8 billion in 2022 and is expected to exhibit a CAGR of 12.87% over the forecast period 2022 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Security robots are rapidly gaining traction due to their ability to enhance security and surveillance in various industries. These robots offer advantages such as round-the-clock monitoring, real-time video monitoring, and quick response to potential threats. The increasing need for advanced security measures to prevent theft, vandalism, and unauthorized access is driving the demand for security robots. These robots are widely used in industries such as retail, healthcare, transportation, and manufacturing to ensure the safety of assets and individuals. The market is expected to witness significant growth due to the rising security concerns and advancements in robotic technologies. Market Key Trends: One ke
Read more

Intravenous Fluid Therapy is the Fastest Growing Segment Fueling the Growth of Intravenous Solutions Market

-
Image
Intravenous Solutions Market The global Intravenous Solutions Market is estimated to be valued at US$ 577,228 bn or Million in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Intravenous solutions are fluids administered through a vein via a needle or catheter. They are often used to provide essential nutrients, medications, or fluids to patients. Common uses include rehydration, correcting electrolyte imbalances, and ensuring nutrition is delivered for patients who cannot eat or absorb nutrients through the digestive system. Market key trends: One of the major trends in the intravenous solutions market is the increasing use of intravenous fluid therapy. Intravenous fluid therapy involves the administration of aqueous solutions containing electrolytes, sugars, and medications through an intravenous catheter. It is widely used for rehydration, maintenance of f
Read more

India Masking Tape Market Is Estimated To Witness High Growth Owing To Increased Demand For DIY Activities

-
Image
The global India Masking Tape Market is estimated to be valued at US$ 237.8 Mn in 2022 and is expected to exhibit a CAGR of 4.59% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Masking tape is a type of pressure-sensitive tape that is easy to tear and has strong adhesive properties. It is widely used in painting and DIY activities as it provides a clean and sharp edge, protecting surfaces from paint bleed and allowing for precise painting. The masking tape market in India is witnessing significant growth due to the rising popularity of DIY activities and increasing demand from the construction and automotive industries. The advantages of masking tape, such as easy application, residue-free removal, and cost-effectiveness, are driving its adoption in various applications. B) Market key trends: One key trend in the India masking tape market is the increasing adoption of eco-friendly and biodegradable masking
Read more