Asia-pacific Edible Packaging in Food & Pharmaceutical Market Forecast 2023-2032

The Asia-Pacific edible packaging in food & pharmaceutical market is expected to progress with a CAGR of 4.18% during the forecast period of 2023 to 2032. The market growth of the region is fueled by factors such as the rapidly expanding food & beverage sector, increasing concerns about proper hygiene, favorable government initiatives, and improvements in packaging technology.

MARKET INSIGHTS

The Asia-Pacific edible packaging in food & pharmaceutical market growth assessment entails the study of China, Japan, India, South Korea, the Philippines, Thailand, Australia & New Zealand, and Rest of Asia-Pacific. Food wastage is a major economic problem faced by Australia, with estimations issued by the country's government stating that food waste costs the Australian economy $20 billion each year. Besides, with more than 5 million metric tons of food ending up in landfills, Australia is at the top in terms of food wastage, globally. In response, several international as well as local organizations are aiming to reverse the trend, enabling consumers and businesses to reduce and avert food wastage.

Subsequently, this factor also provides an upper hand to food and packaging manufacturers engaged in the development of edible films in Australia. While the technology helps limit food wastage, its environmental-friendliness also helps address another major concern - plastic pollution. As per the Australian Marine Debris Initiative Database, plastics are one of the largest polluters of Australian waterways, with around 130,000 metric tons winding up in the ocean annually. Hence, these factors are set to contribute to the edible packaging in food & pharmaceutical market growth in the Asia-Pacific during the forecast period.

COMPETITIVE INSIGHTS

Some of the leading companies in the market include: NAGASE & Co Ltd, Evoware, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 51865

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
- 2.4.1. IMPACT OF COVID-19 ON EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET
2.5. MAJOR MARKET FINDINGS
- 2.5.1. EMERGING USE OF NANOTECHNOLOGY IN EDIBLE PACKAGING
- 2.5.2. WIDE ARRAY OF BIOMATERIALS AVAILABLE FOR EDIBLE PACKAGING

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. GROWING CONCERNS ASSOCIATED WITH INCREASING PACKAGING WASTE
- 3.1.2. SURGE IN DEMAND FOR PROCESSED FOODS
- 3.1.3. FAVORABLE INITIATIVES THROUGH RESEARCH, DEVELOPMENT, & PRODUCT LAUNCHES
3.2. KEY RESTRAINTS
- 3.2.1. CHALLENGES WITH THE COMMERCIALIZATION OF EDIBLE PACKAGING
- 3.2.2. RELUCTANT CONSUMER ACCEPTANCE

4. KEY ANALYTICS

4.1. PARENT MARKET ANALYSIS
4.2. EDIBLE PACKAGING MARKET ANALYSIS
- 4.2.1. TYPES OF EDIBLE PACKAGING
- 4.2.2. ADVANTAGES OF EDIBLE PACKAGING
- 4.2.3. DISADVANTAGES OF EDIBLE PACKAGING
- 4.2.4. DESIRABLE CHARACTERISTICS OF EDIBLE PACKAGING
- 4.2.5. EDIBLE PACKAGING PRODUCTION METHODS
  - 4.2.5.1. EDIBLE FILM-FORMING TECHNIQUES
  - 4.2.5.2. EDIBLE COATING-FORMING TECHNIQUES
4.3. KEY MARKET TRENDS
4.4. PORTER'S FIVE FORCES ANALYSIS
- 4.4.1. BUYERS POWER
- 4.4.2. SUPPLIERS POWER
- 4.4.3. SUBSTITUTION
- 4.4.4. NEW ENTRANTS
- 4.4.5. INDUSTRY RIVALRY
4.5. GROWTH PROSPECT MAPPING
- 4.5.1. GROWTH PROSPECT MAPPING FOR CHINA
4.6. MARKET MATURITY ANALYSIS
4.7. MARKET CONCENTRATION ANALYSIS
4.8. VALUE CHAIN ANALYSIS
- 4.8.1. RAW MATERIALS
- 4.8.2. EDIBLE PACKAGING DEVELOPMENT & MANUFACTURING
- 4.8.3. SALES AND DISTRIBUTION
- 4.8.4. END-USERS
4.9. PATENT ANALYSIS

5. MARKET BY SOURCE

5.1. PLANT-BASED
5.2. ANIMAL-BASED

6. MARKET BY COMPONENT

6.1. PROTEIN
6.2. POLYSACCHARIDE
6.3. LIPID
6.4. OTHER COMPONENTS

7. MARKET BY APPLICATION

7.1. FOOD
- 7.1.1. FRESH FOOD
- 7.1.2. BAKERY & CONFECTIONERY
- 7.1.3. FROZEN FOOD
- 7.1.4. OTHER FOODS
7.2. PHARMACEUTICAL

8. GEOGRAPHICAL ANALYSIS

8.1. ASIA-PACIFIC
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET DRIVERS
- 8.1.3. ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET CHALLENGES
- 8.1.4. REGULATORY FRAMEWORK IN ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET
- 8.1.5. KEY PLAYERS IN ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET
- 8.1.6. COUNTRY ANALYSIS
  - 8.1.6.1. CHINA
  - 8.1.6.1.1. CHINA EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET SIZE & OPPORTUNITIES
  - 8.1.6.2. JAPAN
  - 8.1.6.2.1. JAPAN EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET SIZE & OPPORTUNITIES
  - 8.1.6.3. INDIA
  - 8.1.6.3.1. INDIA EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET SIZE & OPPORTUNITIES
  - 8.1.6.4. SOUTH KOREA
  - 8.1.6.4.1. SOUTH KOREA EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET SIZE & OPPORTUNITIES
  - 8.1.6.5. PHILIPPINES
  - 8.1.6.5.1. PHILIPPINES EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET SIZE & OPPORTUNITIES
  - 8.1.6.6. THAILAND
  - 8.1.6.6.1. THAILAND EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET SIZE & OPPORTUNITIES
  - 8.1.6.7. AUSTRALIA & NEW ZEALAND
  - 8.1.6.7.1. AUSTRALIA & NEW ZEALAND EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET SIZE & OPPORTUNITIES
  - 8.1.6.8. REST OF ASIA-PACIFIC
  - 8.1.6.8.1. REST OF ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET SIZE & OPPORTUNITIES

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. MERGERS & ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 9.1.3. PARTNERSHIPS & AGREEMENTS
9.2. COMPANY PROFILES
- 9.2.1. ALLINALL INGREDIENTS LTD
  - 9.2.1.1. COMPANY OVERVIEW
  - 9.2.1.2. PRODUCT LIST
- 9.2.2. AMTREX NATURE CARE PVT LTD
  - 9.2.2.1. COMPANY OVERVIEW
  - 9.2.2.2. PRODUCT LIST
- 9.2.3. APEEL SCIENCES
  - 9.2.3.1. COMPANY OVERVIEW
  - 9.2.3.2. PRODUCT LIST
- 9.2.4. DECOMER TECHNOLOGY OU
  - 9.2.4.1. COMPANY OVERVIEW
  - 9.2.4.2. PRODUCT LIST
- 9.2.5. DEVRO LIMITED
  - 9.2.5.1. COMPANY OVERVIEW
  - 9.2.5.2. PRODUCT LIST
- 9.2.6. EVOWARE
  - 9.2.6.1. COMPANY OVERVIEW
  - 9.2.6.2. PRODUCT LIST
- 9.2.7. GLANBIA NUTRITIONALS INC
  - 9.2.7.1. COMPANY OVERVIEW
  - 9.2.7.2. PRODUCT LIST
- 9.2.8. INGREDION INC
  - 9.2.8.1. COMPANY OVERVIEW
  - 9.2.8.2. PRODUCT LIST
- 9.2.9. JRF TECHNOLOGY LLC
  - 9.2.9.1. COMPANY OVERVIEW
  - 9.2.9.2. PRODUCT LIST
- 9.2.10. MANTROSE-HAEUSER CO INC
  - 9.2.10.1. COMPANY OVERVIEW
  - 9.2.10.2. PRODUCT LIST
- 9.2.11. MONOSOL LLC
  - 9.2.11.1. COMPANY OVERVIEW
  - 9.2.11.2. PRODUCT LIST
- 9.2.12. NAGASE & CO LTD
  - 9.2.12.1. COMPANY OVERVIEW
  - 9.2.12.2. PRODUCT LIST
- 9.2.13. NOTPLA LIMITED
  - 9.2.13.1. COMPANY OVERVIEW
  - 9.2.13.2. PRODUCT LIST
- 9.2.14. PACE INTERNATIONAL
  - 9.2.14.1. COMPANY OVERVIEW
  - 9.2.14.2. PRODUCT LIST
- 9.2.15. TATE & LYLE PLC
  - 9.2.15.1. COMPANY OVERVIEW
  - 9.2.15.2. PRODUCT LIST

Product Code: 51865

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL
TABLE 2: EXAMPLES OF COMMERCIALLY AVAILABLE OF EDIBLE FLMS AND COATINGS FOR FOOD PACKAGING APPLICATIONS
TABLE 3: LIST OF EDIBLE PACKAGING PATENTS, IN 2022
TABLE 4: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY SOURCE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY SOURCE, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY COMPONENT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY COMPONENT, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY FOOD, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 11: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY FOOD, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 12: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 13: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 14: REGULATORY FRAMEWORK
TABLE 15: KEY PLAYERS OPERATING IN ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET
TABLE 16: LIST OF MERGERS & ACQUISITIONS
TABLE 17: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 18: LIST OF PARTNERSHIPS & AGREEMENTS

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR CHINA
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: NUMBER OF PATENTS PUBLISHED BETWEEN 2015 & 2022
FIGURE 8: PERCENTAGE SHARE OF PATENTS GRANTED, BY COUNTRY, IN 2022
FIGURE 9: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, GROWTH POTENTIAL, BY SOURCE, IN 2022
FIGURE 10: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY PLANT-BASED, 2023-2032 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY ANIMAL-BASED, 2023-2032 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2022
FIGURE 13: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY PROTEIN, 2023-2032 (IN $ MILLION)
FIGURE 14: TYPES OF PROTEIN-BASED EDIBLE PACKAGING
FIGURE 15: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY POLYSACCHARIDE, 2023-2032 (IN $ MILLION)
FIGURE 16: TYPES OF POLYSACCHARIDE-BASED PACKAGING
FIGURE 17: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY LIPID, 2023-2032 (IN $ MILLION)
FIGURE 18: TYPES OF LIPID-BASED EDIBLE PACKAGING
FIGURE 19: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY OTHER COMPONENTS, 2023-2032 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022
FIGURE 21: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY FOOD, 2023-2032 (IN $ MILLION)
FIGURE 22: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, GROWTH POTENTIAL, BY FOOD, IN 2022
FIGURE 23: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY FRESH FOOD, 2023-2032 (IN $ MILLION)
FIGURE 24: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY BAKERY & CONFECTIONERY, 2023-2032 (IN $ MILLION)
FIGURE 25: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY FROZEN FOOD, 2023-2032 (IN $ MILLION)
FIGURE 26: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY OTHER FOODS, 2023-2032 (IN $ MILLION)
FIGURE 27: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, BY PHARMACEUTICAL, 2023-2032 (IN $ MILLION)
FIGURE 28: ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN%)
FIGURE 29: CHINA EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, 2023-2032 (IN $ MILLION)
FIGURE 30: JAPAN EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, 2023-2032 (IN $ MILLION)
FIGURE 31: INDIA EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, 2023-2032 (IN $ MILLION)
FIGURE 32: SOUTH KOREA EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, 2023-2032 (IN $ MILLION)
FIGURE 33: PHILIPPINES EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, 2023-2032 (IN $ MILLION)
FIGURE 34: THAILAND EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, 2023-2032 (IN $ MILLION)
FIGURE 35: AUSTRALIA & NEW ZEALAND EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, 2023-2032 (IN $ MILLION)
FIGURE 36: REST OF ASIA-PACIFIC EDIBLE PACKAGING IN FOOD & PHARMACEUTICAL MARKET, 2023-2032 (IN $ MILLION)