Global Edible Films and Coating Market: Overview

The growth rate charted by global edible films and coating market from 2019 to 2027 will be impressive and that would lead to a steep and upward facing growth curve. A people move towards eco-friendly packaging solutions, demand for edible films and coatings that are biodegradable and environmentally sustainable is set to grow. Additionally, innovation in the market – a product of proactive player approach – will add to the upward trend. Besides, the fact that these are known to improve shelf life without compromising safety of consumer of environment massively goes in favor of their already growing popularity, particularly over the forecast period, as per Transparency Market Research.

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Global Edible Films and Coating Market: Notable developments

The market boasts of a decent number of players who are quite competitive in their approach to growth. The last few years have seen a notable increase in their numbers, making the vendor landscape more fragmented. The new players have gained significant clout, credit new product launches and effective growth strategies – organic and inorganic.

2017: Brands such as Lactips are good examples of players focusing upon new offerings to capture growth in the market. It recently created pellets that were made of casein, a milk-based protein. It is biodegradable, and 100% natural. The launch created intense competition in the market.

Top players in the Edible Films and Coating Market include:

  • Dupont de Nemours Inc.
  • Cargill
  • Tate & Lyle
  • Dohler Group, D
  • Ingredion Incorporated
  • Koninklijke DSM N.V.

Range of strategies applied by top players is wide, and falls across the organic-inorganic continuum. These include forging key alliances and advancement of technology to bring innovation to fore.

Global Edible Films and Coating Market:  Key trends and driver

The global edible films and coatings market is growing due to interplay of various trends and drivers. One of the biggest growth factors in the market, as identified by Transparency Market Research, is its viability as substitute to plastic packaging. More details along with a glimpse into other factors is below:

  • Environmental concerns are really propelling consumers to opt for green choices and materials in their everyday life. It is quite significant to make note of the profile of woke millennial consumer who is concerned of his carbon footprint and impact of his choices on the environment.
  • Additionally, harmful impact of plastics is also garnering eyeballs, leading to demand for better alternatives, driving global edible films and coatings market forward. It is notable here that these can be consumed with food without creating a hazard for consumer. Besides, these are effective in keeping the shelf life proper.

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Global Edible Films and Coating Market:  Regional Analysis

In terms of value share, the North American region will lead the market over the forecast period. The dominance will lead it to a high market share claim. In terms of growth, a moderate value would be registered. It is also quite significant to note here that a very high growth would be registered over the forecast period by the Asia Pacific (APAC) region. It is pertinent to note here that China is set to be at the forefront of projected growth, with massive contributions – a result of high demand for xanthan gum. It is one of the most commonly used films in the country. The region overall is also investing towards research and development to come up with better films and coatings.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Edible Films Coating Market

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