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Edible Packaging Market by Material (Lipids, Polysaccharides, Proteins, Surfactants, and Composite Films), and End Users (Food & Beverages and Pharmaceuticals) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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CM_172227
Pages: 138
Jun 2017 | 4395 Views
 
Author's : Kritika Mamtani
Tables: 44
Charts: 45
 

Edible Packaging Market Overview:

Global Edible Packaging Market was valued at $697 million in 2016, and is projected to reach $1,097 million by 2023, growing at a CAGR of 6.81% from 2017 to 2023. Edible packaging has witnessed increased adoption owing to factors such as high consumption of processed food products, rise in hygiene concerns among people, and increase in packaging waste by the usage of synthetic polymers thereby affecting the environment, which boost the edible packaging market growth.

These polymers are made of various materials such as lipids, polysaccharides, proteins, composites, and surfactants, which are considered safe for human consumption. Although the regulatory requirements for edible packaging are high in various regions such as Europe and high costs of manufacturing edible polymers are expected to hamper the edible packaging market growth.

The report segments the global edible packaging market on the basis of material type, end user, and region. Based on material, it is classified into lipids, polysaccharides, proteins, composite films, and surfactants. On the basis of end user, the edible packaging market is bifurcated into food& beverages and pharmaceuticals. Region-wise distribution of the edible packaging market includes North America, Europe, Asia-Pacific, and LAMEA. Protein-based films are expected to grow at a CAGR of 7.5% owing to its benefits to the human body and the protein layers can be easily applied onto the small portions of food items. The pharmaceutical sector is expected to grow at CAGR of 7.1% in the forecast period.

Key players profiled in the global edible packaging market are WikiCell Designs Inc, MonoSol LLC, Tate & Lyle Plc, JRF Technology LLC, Safetraces, Inc., BluWrap, Skipping Rocks Lab, Tipa Corp, Watson, Inc., and Devro plc.

Segment Overview

The region-wise analysis of the global edible packaging market covers North America, Europe, Asia-Pacific, and LAMEA. Various countries covered under each region are studied and analyzed to identify the major trends demonstrated by these respective regions. Europe dominated the global edible packaging market in 2016, followed by North America.

Global Edible Packaging Market, By Region, 2016 (%)

Global Edible Packaging Market, By Region, 2016 (%)

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Top Impacting Factors

Reduction in Packaging Waste

Edible packaging helps preserve environment as the user can eat the package itself with the food product thereby reducing the packaging waste. According to Environmental Protection Agency (EPA), around 30.2% of the household waste is contributed by food containers and packaging. Edible packaging also contains the packaging films, which are made up of milk proteins vitamins, proteins, and probiotics, which have essential nutrients and are capable to provide oxygen barrier to the food thus preventing it from being contaminated. The plastic emissions and waste is considered harmful for the environment since plastic recycling takes a huge amount of time. All these factors have supported the edible packaging market growth.

Growth in Demand for Processed Food Products

The demand for processed food products is on an increase over a past few years. These food products contain added sugar, fats, oils, and salts to enhance the taste and flavor of the foods. Moreover, the processed foods require longer shelf life packaging, which edible coatings are capable of providing. Due to large consumption of processed foods, the usage of edible films and coatings is expected to drive the edible packaging market growth.

Advancement in Technologies

The edible packaging market is still at its nascent stage and various advancements are being made in the market. The nutritious features of food are enhanced by the usage of nanotechnological solutions such as nanoencapsulation and multifaceted systems. Nanoencapsulation of active composites with the edible coverings helps protect the food from moisture and heat and prevents other particles from entering the food.

High Cost

The cost of manufacturing edible packaging is high since the packaging needs to meet the sanitary requirements while in transit. Moreover, the edible layers are more prone to catch dirt and germs and other harmful particles, which can contaminate the food product. Therefore, to protect those layers from catching dirt and germs, the companies have to spend a lot of money.

High Regulatory Requirements

The edible films must be generally recognized as safe (GRAS) by the U.S. Food and Drug Administration. Moreover, the edible films must be consisted of a water-soluble polymer and must be manufactured on the machines, which is considered suitable for processing food products. The ingredients used in the edible polymers must contain general purpose additives. Another regulatory requirement specifies that if the ingredients used in edible polymers are prone to allergy, then it should be clearly defined on the label.

Increase in Shelf Life of Products

The edible films are in direct contact with the food products and are made up of safe and healthy ingredients such as protein-based namely gluten, soy, casein, zein, whey proteins, and collagen. Therefore, edible packaging helps maintain the shelf life of products and enhance the food quality thereby minimizing the usage of conventional/synthetic packaging while preserving the environment. Edible films prevent the foods from chemical damage thereby increasing shelf life.

Shares of Packaging Waste Generated By Weight (%) EU

Shares of Packaging Waste Generated By Weight (%) EU

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Source: Eurostat

The factors that affect the edible packaging market includes reduction in packaging waste, high consumption of processed products, increasing shelf life of products, high costs, high regulatory requirements, and advancement in technologies. These factors boost the adoption of edible packaging across verticals such as food & beverages and pharmaceuticals.

Key Benefits

  • This report provides an in-depth analysis of the global edible packaging market to identify the potential investment pockets.
  • It outlines the current trends and future scenarios to determine the overall market potential and gain stronger market foothold.
  • Key drivers, restraints, and opportunities and their detailed impact analysis are elucidated.
  • Quantitative analysis of the edible packaging market from 2016 to 2023 is highlighted to recognize the financial competency of the market.
  • Porter’s Five Forces model illustrates the threat of new entrants, threat of substitutes, and strength of the buyers & suppliers.

Edible Packaging Market Key Segments:

By Material Type

  • Lipids
  • Polysaccharides
  • Proteins
  • Composite films
  • Surfactants

By End User

  • Food & beverages
  • Pharmaceuticals

By Geography

  • North America
    • U.S
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • WikiCell Designs Inc.
  • Tate & Lyle Plc.
  • JRF Technology LLC.
  • Safetraces, Inc.
  • BluWrap
  • Skipping Rocks Lab
  • Tipa Corp
  • MonoSol, LLC
  • Watson, Inc.
  • Devro plc
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. RESEARCH METHODOLOGY

1.2.1. Secondary research
1.2.2. Primary research
1.2.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. TOP INVESTMENT POCKETS

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Moderate bargaining power of suppliers
3.3.2. Moderate bargaining power of buyers
3.3.3. High threat of substitution
3.3.4. High threat of new entrants
3.3.5. Moderate competitive rivalry

3.4. MARKET PLAYER POSITIONING, 2015
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Reduction in packaging waste
3.5.1.2. Increase in shelf life of food products
3.5.1.3. Growing demand for processed food products

3.6. RESTRAINTS

3.6.1. High regulatory requirements
3.6.2. High costs

3.7. OPPORTUNTIES

3.7.1. Advancement in technologies

Chapter: 4 EDIBLE PACKAGING MARKET, BY MATERIAL TYPE

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. LIPIDS

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. POLYSACCHARIDES

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

4.4. PROTEINS

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast

4.5. COMPOSITE FILMS

4.5.1. Key market trends
4.5.2. Key growth factors and opportunities
4.5.3. Market size and forecast

4.6. SURFACTANTS

4.6.1. Key market trends
4.6.2. Key growth factors and opportunities
4.6.3. Market size and forecast

Chapter: 5 EDIBLE PACKAGING MARKET, BY END USER

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. FOOD AND BEVERAGES

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. PHARMACEUTICALS

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

Chapter: 6 EDIBLE PACKAGING MARKET, BY REGION

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. NORTH AMERICA

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.2.3.1. U.S
6.2.3.2. Canada
6.2.3.3. Mexico

6.3. EUROPE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

6.3.3.1 U.K
6.3.3.2 Germany
6.3.3.3 France
6.3.3.4 Russia
6.3.3.5 Rest of Europe

6.4. ASIA-PACIFIC

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast

6.4.3.1. India
6.4.3.2. China
6.4.3.3. Japan
6.4.3.4. South Korea
6.4.3.5. Rest of APAC

6.5. LAMEA

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast

6.5.3.1. Latin America
6.5.3.2. The Middle-East
6.5.3.3. Africa

Chapter: 7 COMPANY PROFILES

7.1. WIKICELL DESIGNS INC.

7.1.1. Company overview
7.1.2. Operating business segments
7.1.3. Business performance
7.1.4. Key strategic moves and developments

7.2. MONOSOL LLC

7.2.1. Company overview
7.2.2. Operating business segments
7.2.3. Business performance
7.2.4. Key strategic moves and developments

7.3. TATE & LYLE PLC

7.3.1. Company overview
7.3.2. Operating business segments
7.3.3. Business performance
7.3.4. Key strategic moves and developments

7.4. JRF TECHNOLOGY LLC,

7.4.1. Company overview
7.4.2. Operating business segments
7.4.3. Business performance
7.4.4. Key strategic moves and developments

7.5. SAFETRACES, INC.

7.5.1. Company overview
7.5.2. Operating business segments
7.5.3. Business performance
7.5.4. Key strategic moves and developments

7.6. BLUWRAP

7.6.1. Company overview
7.6.2. Operating business segments
7.6.3. Business performance
7.6.4. Key strategic moves and developments

7.7. SKIPPING ROCKS LAB

7.7.1. Company overview
7.7.2. Operating business segments
7.7.3. Business performance
7.7.4. Key strategic moves and developments

7.8. TIPA CORP

7.8.1. Company overview
7.8.2. Operating business segments
7.8.3. Business performance
7.8.4. Key strategic moves and developments

7.9. WATSON, INC

7.9.1. Company overview
7.9.2. Operating business segments
7.9.3. Business performance
7.9.4. Key strategic moves and developments

7.10. DEVRO PLC

7.10.1. Company overview
7.10.2. Operating business segments
7.10.3. Business performance
7.10.4. Key strategic moves and developments

LIST OF TABLES

TABLE 1. GLOBAL EDIBLE PACKAGING MARKET REVENUE, BY MATERIAL TYPE, 2016-2023($MILLION)
TABLE 2. GLOBAL LIPIDS MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 3. GLOBAL POLYSACCHARIDES MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 4. GLOBAL PROTEIN FILMS MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 5. GLOBAL COMPOSITE FILMS MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 6. GLOBAL SURFACTANTS MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 7. GLOBAL EDIBLE PACKAGING MARKET REVENUE, BY END USER, 2016-2023 ($MILLION)
TABLE 8. GLOBAL EDIBLE PACKAGING MARKET REVENUE FROM FOOD & BEVERAGES, BY REGION, 2016-2023 ($MILLION)
TABLE 9. GLOBAL EDIBLE PACKAGING MARKET REVENUE FROM PHARMACEUTICALS, BY REGION, 2016-2023 ($MILLION)
TABLE 10. GLOBAL EDIBLE PACKAGING MARKET, BY REGION, 2016-2023($MILLION)
TABLE 11. NORTH AMERICA EDIBLE PACKAGING MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 12. EUROPE EDIBLE PACKAGING MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 13. ASIA-PACIFIC EDIBLE PACKAGING MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 14. LAMEA EDIBLE PACKAGING MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 15. WIKICELL DESIGNS INC: COMPANY SNAPSHOT
TABLE 16. WIKICELL DESIGNS INC.: OPERATING SEGMENTS
TABLE 17. WIKICELL DESIGNS INC.: STRATEGIC MOVES AND DEVELOPMENTS
TABLE 18. MONOSOL LLC: COMPANY SNAPSHOT
TABLE 19. MONOSOL LLC: OPERATING SEGMENTS
TABLE 20. MONOSOL LLC: STRATEGIC MOVES AND DEVELOPMENTS
TABLE 21. TATE & LYLE PLC: COMPANY SNAPSHOT
TABLE 22. TATE & LYLE PLC: OPERATING SEGMENTS
TABLE 23. TATE & LYLE PLC: STRATEGIC MOVES AND DEVELOPMENTS
TABLE 24. JRF TECHNOLOGY LLC: COMPANY SNAPSHOT
TABLE 25. JRF TECHNOLOGY LLC: OPERATING SEGMENTS
TABLE 26. JRF TECHNOLOGY LLC: STRATEGIC MOVES AND DEVELOPMENTS
TABLE 27. SAFETRACES, INC.: COMPANY SNAPSHOT
TABLE 28. SAFETRACES, INC.: OPERATING SEGMENTS
TABLE 29. SAFETRACES, INC.: STRATEGIC MOVES AND DEVELOPMENTS
TABLE 30. BLUWRAP: COMPANY SNAPSHOT
TABLE 31. BLUWRAP: OPERATING SEGMENTS
TABLE 32. BLUWRAP: STRATEGIC MOVES AND DEVELOPMENTS
TABLE 33. SKIPPING ROCKS LAB: COMPANY SNAPSHOT
TABLE 34. SKIPPING ROCKS LAB: OPERATING SEGMENTS
TABLE 35. SKIPPING ROCKS LAB: STRATEGIC MOVES AND DEVELOPMENTS
TABLE 36. TIPA CORP: COMPANY SNAPSHOT
TABLE 37. TIPA CORP: OPERATING SEGMENTS
TABLE 38. TIPA CORP: STRATEGIC MOVES AND DEVELOPMENTS
TABLE 39. WATSON, INC: COMPANY SNAPSHOT
TABLE 40. WATSON, INC: OPERATING SEGMENTS
TABLE 41. WATSON, INC: STRATEGIC MOVES AND DEVELOPMENTS
TABLE 42. DEVRO PLC: COMPANY SNAPSHOT
TABLE 43. DEVRO PLC: OPERATING SEGMENTS
TABLE 44. DEVRO PLC: STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 1. EDIBLE PACKAGING MARKET SEGMENTATION
FIGURE 2. EXECUTIVE SUMMARY OF EDIBLE PACKAGING MARKET
FIGURE 3. TOP IMPACTING FACTORS
FIGURE 4. TOP WINNING STRATEGY ANALYSIS
FIGURE 5. TOP WINNING STRATEGIES, BY COMPANY, 2013-2016 (%)
FIGURE 6. TOP INVESTMENT POCKETS
FIGURE 7. MARKET PLAYER POSITIONING, 2015
FIGURE 8. SHARES OF PACKAGING WASTE GENERATED BY WEIGHT, 2014(%) EU
FIGURE 9. GLOBAL EDIBLE PACKAGING MARKET, BY MATERIAL TYPE, 2016(% SHARE)
FIGURE 10. GLOBAL LIPIDS MARKET, REVENUE, 2016-2023($MILLION)
FIGURE 11. GLOBAL POLYSACCHARIDES MARKET, REVENUE, 2016-2023($MILLION)
FIGURE 12. GLOBAL PROTEIN FILMS MARKET, REVENUE, 2016-2023($MILLION)
FIGURE 13. GLOBAL COMPOSITE FILMS MARKET, REVENUE, 2016-2023($MILLION)
FIGURE 14. GLOBAL SURFACTANTS MARKET, REVENUE, 2016-2023($MILLION)
FIGURE 15. GLOBAL EDIBLE PACKAGING MARKET REVENUE FROM FOOD & BEVERAGES, 2016-2023($MILLION)
FIGURE 16. GLOBAL PHARMACEUTICALS MARKET, REVENUE, 2016-2023($MILLION)
FIGURE 17. GLOBAL EDIBLE PACKAGING MARKET SHARE, BY REGION, 2016(%)
FIGURE 18. NORTH AMERICA EDIBLE PACKAGING MARKET SHARE, BY COUNTRY, 2016-2023 ($MILLION)
FIGURE 19. NORTH AMERICA EDIBLE PACKAGING MARKET REVENUE, BY COUNTRY & MATERIAL TYPE, 2016-2023 ($MILLION)
FIGURE 20. EUROPE EDIBLE PACKAGING MARKET SHARE, BY COUNTRY, 2016-2023 ($MILLION)
FIGURE 21. EUROPE EDIBLE PACKAGING MARKET REVENUE, BY COUNTRY & MATERIAL TYPE, 2016-2023 ($MILLION)
FIGURE 22. ASIA-PACIFIC EDIBLE PACKAGING MARKET SHARE, BY COUNTRY, 2016-2023 ($MILLION)
FIGURE 23. ASIA-PACIFIC EDIBLE PACKAGING MARKET REVENUE, BY COUNTRY & MATERIAL TYPE, 2016-2023 ($MILLION)
FIGURE 24. LAMEA EDIBLE PACKAGING MARKET SHARE, BY COUNTRY, 2016-2023 ($MILLION)
FIGURE 25. LAMEA EDIBLE PACKAGING MARKET REVENUE, BY COUNTRY & MATERIAL TYPE, 2016-2023 ($MILLION)
FIGURE 26. WIKICELL DESIGNS INC: REVENUE, 2014-2016 ($MILLION)
FIGURE 27. WIKICELL DESIGNS INC: REVENUE SHARE BY BUSINESS SEGMENT, 2016(% SHARE)
FIGURE 28. MONOSOL LLC: REVENUE, 2014-2016 ($MILLION)
FIGURE 29. MONOSOL LLC: REVENUE SHARE BY BUSINESS SEGMENT, 2016(% SHARE)
FIGURE 30. TATE & LYLE PLC: REVENUE, 2014-2016 ($MILLION)
FIGURE 31. TATE & LYLE PLC: REVENUE SHARE BY BUSINESS SEGMENT, 2016(% SHARE)
FIGURE 32. JRF TECHNOLOGY LLC: REVENUE, 2014-2016 ($MILLION)
FIGURE 33. JRF TECHNOLOGY LLC: REVENUE SHARE BY BUSINESS SEGMENT, 2016(% SHARE)
FIGURE 34. SAFETRACES, INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 35. SAFETRACES, INC.: REVENUE SHARE BY BUSINESS SEGMENT, 2016(% SHARE)
FIGURE 36. BLUWRAP: REVENUE, 2014-2016 ($MILLION)
FIGURE 37. BLUWRAP: REVENUE SHARE BY BUSINESS SEGMENT, 2016(% SHARE)
FIGURE 38. SKIPPING ROCKS LAB: REVENUE, 2014-2016 ($MILLION)
FIGURE 39. SKIPPING ROCKS LAB: REVENUE SHARE BY BUSINESS SEGMENT, 2016(% SHARE)
FIGURE 40. TIPA CORP: REVENUE, 2014-2016 ($MILLION)
FIGURE 41. TIPA CORP: REVENUE SHARE BY BUSINESS SEGMENT, 2016(% SHARE)
FIGURE 42. WATSON, INC: REVENUE, 2014-2016 ($MILLION)
FIGURE 43. WATSON, INC: REVENUE SHARE BY BUSINESS SEGMENT, 2016(% SHARE)
FIGURE 44. DEVRO PLC: REVENUE, 2014-2016 ($MILLION)
FIGURE 45. DEVRO PLC: REVENUE SHARE BY BUSINESS SEGMENT, 2016(% SHARE)

 

The edible packaging market is projected to depict a prominent growth during the forecast period owing to various factors such as environmental concerns, increase in hygiene concerns over packaging among people, and high consumption of processed food & beverages. Moreover, edible packaging enhances the food quality and increases shelf life of the products, which further supports the edible packaging market growth.

Although this market is still at its nascent stage, it is expected to grow at a higher rate in the coming years due to the growth of pharmaceutical industries and food industries in North America and Asia-Pacific. Edible packaging performs various functions such as carriers of antioxidants, antimicrobials, vitamins. The nano capsulation technique of packaging involves coating of active compounds with the edible polymers, which further helps protect the products from moisture, oxygen, heat, and other external exposure. The edible packaging market is expected to provide numerous opportunities in the future owing to its various benefits across verticals such as food & beverages and pharmaceuticals.

 

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