According to the latest report by IMARC Group, titled “Edible Films and Coating Market Report by Ingredient Type (Protein, Polysaccharides, Lipids, Composites), Application (Dairy Products, Bakery and Confectionery, Fruits and Vegetables, Meat, Poultry and Seafood, and Others), and Region 2024-2032," the global edible films and coating market size reached US$ 2.8 Billion in 2023. Edible films and coatings refer to layers of edible material applied to food products to extend shelf life, enhance appearance, and maintain overall quality. They are formulated using natural polysaccharides, proteins, and lipids, which offer different functionalities and properties. Edible films and coatings are categorized into various types, including protein-based, lipid-based, and carbohydrate-based films. They find extensive applications in processed foods, fruits and vegetables, bakery and confectionery, dairy, meat and poultry, seafood, and beverages. Edible films and coatings offer moisture control, barrier to gases, enhanced sensory attributes, and extended shelf life. They also provide several advantages, including cost-effectiveness, easy applicability, eco-friendliness, and a reduction in the use of synthetic preservatives.
Global Edible Films and Coating Market Trends:
The widespread product utilization owing to the increasing demand for convenience and packaged foods is propelling the market growth. Additionally, shifting consumer preference toward natural and sustainable packaging solutions is boosting the market growth. Furthermore, the imposition of strict food safety regulations focusing on minimizing food waste is acting as another growth-inducing factor. Besides this, the recent technological advancements in material science, which have led to the development of new and more effective types of edible films and coatings, are positively influencing the market growth. In addition, the heightened health consciousness among consumers, coupled with the escalating awareness regarding the adverse effects of synthetic packaging, is catalyzing the market growth. Moreover, the upsurge in e-commerce food sales, which has increased the need for durable and sustainable packaging options, is favoring the market growth. Along with this, the escalating investments in research and innovation to produce more innovative and efficient products are fueling the market growth. In addition, the growing demand for plant-derived edible films and coatings owing to the emerging trend of veganism is strengthening the market growth. On account of the aforementioned factors, the market value is expected to reach US$ 5.2 Billion by 2032, exhibiting a CAGR of 7.18% during 2024-2032.
Market Summary:
- On the basis of the ingredient type, the market has been classified into protein, lipids, and composites.
- Based on the application, the market has been divided into dairy products, bakery and confectionery, fruits and vegetables, meat, poultry and seafood, and others. According to the report, fruits and vegetables represented the largest segment.
- On a regional basis, the market has been categorized into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Currently, North America is the largest market for edible films and coating.
- The competitive landscape of the industry has also been examined, with some of the key players being AgroFresh Solutions Inc., Akorn Technology Inc., Cargill Incorporated, Döhler GmbH, Glanbia plc, Nagase & Co. Ltd., Pace International LLC (Sumitomo Chemical Co. Ltd.), RPM International Inc., Sufresca, etc.
Report Scope:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Ingredient Type
- Application
- Region
|
Ingredient Types Covered |
Protein, Lipids, Composites |
Applications Covered |
Dairy Products, Bakery and Confectionery, Fruits and Vegetables, Meat, Poultry and Seafood, Others |
Regions Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
AgroFresh Solutions Inc., Akorn Technology Inc., Cargill Incorporated, Döhler GmbH, Glanbia plc, Nagase & Co. Ltd., Pace International LLC (Sumitomo Chemical Co. Ltd.), RPM International Inc., Sufresca, etc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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