NEW YORK, July 26, 2017 /PRNewswire/ -- According to Stratistics MRC, the Global Edible Packaging Market is expected to grow from $715.34 million in 2016 to reach $1245.13 million by 2023 with a CAGR of 8.2%. Raising urbanization coupled with increasing demand for packaged food, growing awareness about food safety, and recent technological advancements in packaging techniques are some of the factors driving the market growth during the forecast period. However, high costs of machineries, stringent regulations are the restraints limiting the market growth.
Read the full report: http://www.reportlinker.com/p05015451/Edible-Packaging-Global-Market-Outlook.html
Among the applications, food & beverage segment is expected to witness high growth rate during the forecast period due to raising market for preserved food products. North America accounted for the largest share in global market due to increasing demand from U.S. Asia Pacific is expected to witness fastest growth on account of growing urban population along with changing eating habits and raising demand from china.
Some of the key players in Global Edible Packaging Market include BluWrap, Devro plc., JRF Technology LLC, MonoSol LLC, Safetraces, Inc., Skipping Rocks Lab, Tate & Lyle Plc, Tipa Corp, Watson, Inc., and WikiCell Designs Inc.
Material Types Covered:
• Composite Films
• Lipid
• Polysaccharides
• Protein Films
• Surfactant
End Users Covered:
• Pharmaceuticals
• F&B Manufacturing
o Fresh Food
o Cakes & Confectionery
o Baby Food
o Dairy Products
o Other Food Products
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Read the full report: http://www.reportlinker.com/p05015451/Edible-Packaging-Global-Market-Outlook.html
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