Edible Packaging Market Current Trends & Future Growth

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Opportunity Analysis and Industry Forecast,
2016-2023
Edible Packaging Market
Global Opportunity Analysis and Industry
Forecast, 2017-2023
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According to a new report published by Allied
Market Research, titled, "Edible Packaging Market
by Material type and End user Global Opportunity
Analysis and Industry Forecast, 2017-2023,"the
edible packaging market was valued at 697
million in 2016, and is projected to reach at
1,097 million by 2023, growing at a CAGR of 6.81
from 2017 to 2023. Europe is expected to be the
leading contributor to the global edible
packaging market, followed by North America and
Asia-Pacific. The edible packaging market in
Asia-Pacific is expected to grow at the highest
rate during the forecast period, owing to growth
in urbanization, adoption of hygienic and
packaging food products, and improvement in
living standards of the consumers. Furthermore,
continuous economic development in countries,
such as India, China, and Australia, are expected
to provide numerous growth opportunities to the
market.
Edible Packaging Market Overview -
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In 2016, the lipid-based edible packaging
segment accounted for the maximum revenue share
in the overall edible packaging industry as they
are excellent barrier of oxygen and water vapor
and prevents the food from contamination.
Protein-based films are expected to grow at a
fastest CAGR of 7.5 in the edible packaging
industry owing to the value-added benefits of
proteins to the body such as high immunity and
proper functioning of human body as well as
improvement in energy levels in humans. Protein
films are made up of corn zein, gluten, and
caseins, which are considered safe for human
consumption. Moreover, the food beverages
segment held the highest market share in 2016 for
of around 72 in the end user segment in the
global edible packaging market. Read more at
https//www.alliedmarketresearch.com/edible-packa
ging-market
Edible Packaging Market Overview -
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• Reduction in Packaging Waste
• Growth in Demand for Processed Food Product
• Advancement in Technologies
• High Cost
• High Regulatory Requirement
• Increase in Shelf Life of Products

Top Impacting Factors -
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Global Edible Packaging Market, By Region, 2016
() -
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Shares of Packaging Waste Generated By Weight
() EU-
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Edible Packaging Market Segmentation -
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• 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.
• Porters Five Forces model illustrates the threat
  of new entrants, threat of substitutes, and
  strength of the buyers suppliers.

Edible Packaging Market key Benefits -
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• Key Findings of the Edible Packaging Market
• In 2016, the lipids segment accounted for the
  maximum revenue, and is projected to grow at a
  notable CAGR of 6.1 during the forecast period.
• The pharmaceuticals segment accounted for 27.56
  in the global edible packaging market.
• The U.S. is the major shareholder in the North
  America edible packaging market, accounting for
  more than 42 share in 2016.
•   Request Sample Pages

Edible Packaging Market key Findings -
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•  WikiCell Designs Inc
• MonoSol LLC
• Tate Lyle Plc
• JRF Technology LLC,
• Safetraces, Inc
• BluWrap
• Skipping Rocks Lab
• Tipa Corp
• Watson
• Devro plc.
• Market players have adopted various strategies,
  such as product launch, collaboration
  partnership and acquisition, to expand their
  foothold in the market.

Edible Packaging Profiled Key Market Players-
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