Press release from the issuing company
Report Description
A recent market intelligence report that is published by Data Insights Partner on the global Edible Packaging Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Edible Packaging Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Edible Packaging Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Edible Packaging Market is offered. In accordance with the report, the global Edible Packaging Market is projected to expand at a CAGR of more than 15% over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
Several packaging companies are searching an innovative way which can reduce to zero waste- one of the innovative ways is to encourage customers to eat the packaging. For instance, an UK based company Herald Plastic has introduced a range of edible straws in 2017 which claimed a great success across the wide range of European club and bar markets. Likewise other edible packaging products are eco bags, food films, drink pouches etc.
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The global Edible Packaging Market is primarily driven by the increasing use of Edible Packaging in the developed region. Other influencing factors are government initiatives, significant waste reduction, less production cost etc. For instance, another UK based startup- Skipping Rocks Lab introduced drink pouches to combat plastic waste in the soft drinks industry. Conversely, less awareness about the use Edible Packaging in developing countries and the lack of regulatory standard about the use of Edible Packaging in the less developed areas would likely to restrain the growth of the global Edible Packaging Market in the upcoming period. However, strategic alliance among the key players in this industry, technological advancements may provide the global Edible Packaging Market an opportunity to boom in the upcoming period
Segment Covered:
This market intelligence report on the global Edible Packaging Market encompasses market segments based on raw material, solubility, end-user, and country.
In terms of Raw Material, the Edible Packaging Market is segregated into:
Seaweed and Algae
Polysaccharides
Lipids
Others
By Packaging, the global Edible Packaging Market is also classified into:
Plant
Animal
By Process Technology, the global Edible Packaging Market is also classified into:
Electro Hydrodynamic
Nanotechnology
Antimicrobial
Coatings
Others
By End-user, the global Edible Packaging Market is also classified into:
Food
o Fresh Foods
o Bakery and Confectionery
o Frozen Foods
o Other
Beverage
o Non-alcoholic
o Alcoholic
Pharmaceuticals
Others
By Country/Region, the global Edible Packaging Market has been divided into:
North America (the U.S., Canada)
Latin America (Brazil, Mexico, Argentina and other countries)
Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries)
Asia Pacific (India, Japan, China, Australia and New Zealand and other countries)
Middle East and Africa (GCC, South Africa, Israel and Other countries)
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Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
JRF Technology
Evoware
Nagase America LLC
Tipa Corp
Incredible Food Inc
Devro PLC
Apeel Sciences
Lactips
Cuantec
Mantrose UK Limited
Other players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Advanced Driving Assistance Systems related investment & spending and developments by major players of the market are tracked in this global report.
Report Highlights:
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter's five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2017-2027. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Salient Features:
Ø This study offers comprehensive yet detailed analysis of the Edible Packaging Market , size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account 2018 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Edible Packaging Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names such as Lactips, Cuantec, Evoware and others
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Edible Packaging caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Edible Packaging Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Edible Packaging Market
v Identification of key factors driving investment opportunities in the Edible Packaging Market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
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