Edible Packaging Market Global Opportunity Analysis and Industry Forecast, 2017-2023
This report provides an in-depth analysis of the global edible packaging market to identify the potential investment pockets.
Portland, OR -- (SBWire) -- 02/21/2018 --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.
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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
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