May 02, 2023/Industry News Global/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Permanent Magnets Market.

Edible Packaging Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Market Insights

Edible Packaging market is likely to witness a healthy CAGR of 6.1% during the forecast period. The prime factors contributing to the high growth of edible packaging are mainly the increasing demand for recyclable packaging to reduce usage of single-use plastics, increasing consumption of packed food products and advancement in technologies for new packaging methods.

Request a Sample here: https://www.stratviewresearch.com/Request-Sample/943/edible-packaging-market.html#form

Segment Analysis

By Material Type

The market is segmented as lipids, polysaccharides, proteins, and others. The polysaccharide-based edible packaging held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Starch is a polysaccharide which is widely used for making edible packaging.

By Form Type

The edible packaging market is segmented as film and coating. The edible film segment is expected to remain the larger segment of the market during the forecast period, owing to its wider applications in various end-use industries.

By End-Use Industry Type

The market is segmented as food, beverage, and pharmaceuticals. The food & beverage was the major end-use industry for the edible packaging market in 2019, and is expected to remain dominant during the forecast period as well. Edible packaging is widely used in the food & beverage industry for packing and protecting various food items such as vitamins, enzymes, food colors, food additives, beverage mixes, and soup.

By Region

North America is expected to remain the dominant region in the market in the coming five years as the region is the early adopter of edible packaging solution. The USA will continue to propel the demand for edible packaging in the region over the next five years.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Edible Packaging Market analysis report discusses the following heads in great detail:

·         Market structure: Overview, industry life cycle analysis, supply chain analysis

·         COVID-19 Impact Assessment

·         Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

·         Market trend and forecast analysis

·         Market segment trend and forecast

·         Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

·         Attractive market segments and associated growth opportunities

·         Emerging trends

·         Strategic growth opportunities for the existing and new players

·         Key success factors 

About Stratview Research

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

Contact: Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176