Edible films and coatings market is anticipated to grow at a CAGR of 7.8% during the forecast period (2024–2031). The market for edible films and coatings is driven by changing industry sentiment to move toward plant-based sources to produce edible films and coatings. The factors contributing to the shift include a rise in the vegan and vegetarian consumer bases, improvements in plant-based films and coating properties, and the cost-effectiveness of the source. For instance, in April 2021, AgroFresh Solutions, Inc., a global producer of freshness solutions, launched VitaFreshTM Botanicals Life Ultra, a plant-based, edible coating that keeps produce fresh and reduces food loss and waste. Life Ultra's unique nanoemulsion technique produces smaller particles for better coating coverage and fruit protection. Embrapa Instrumentation, UFSCar, and QGP Química collaborated to create the nanoemulsion technology.
Browse the full report description of “Edible Films and coatings Market Size, Share & Trends Analysis Report by Type (Barrier Films, Antimicrobial Films, Anti-browning Films, Texture Enhancing Films, and Others), by Material (Proteins, Lipids, Polysaccharides, and Composites), and by Industry (Bakery and Confectionery, Fruits and Vegetables, Meat, Poultry, and Seafood, Dairy Products, Pharmaceuticals, and Others), Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/edible-films-and-coatings-market
Moreover, the change is expected to highly influence the bakery and confectionary industry owing to its high consumer base, strict regulatory standards, and frequent requirement of coatings. For instance, in August 2023, Foodberry, a Boston-based firm, developed a novel edible food packaging that protects all types of food, from hummus to ice cream. This layering not only extends the food's shelf life but also provides an environmentally friendly alternative to standard plastic packaging.
Market Coverage
• The market number available for 2024-2031
• Base year: 2023
• Forecast period: 2024-2031
• Segment Covered-
o By Function type
o By Material
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape - Glanbia plc, Ingredion, Inc., and Tate & Lyle PLC, among others
Key questions addressed by the report
Global Edible Films and Coatings Market Report Segment
By Function type
By Material
By Application
Global Edible Films and Coatings Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa
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