PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1218847
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1218847
Edible Films and Coating Market Forecasts to 2028 - Global Analysis By Ingredient Type, Application and By Geography
According to Stratistics MRC, the Global Edible Films and Coating Market is accounted for $2.96 billion in 2022 and is expected to reach $5.16 billion by 2028 growing at a CAGR of 9.7% during the forecast period. Edible films and coatings are thin layers of edible materials applied on food products to protect them from mechanical damage, physical, chemical and microbiological activities. They prevent the migration of moisture and oxygen that solutes into the food. These films and coatings have the ability to insert many active substances into the polymer matrix and ingest them along with food. It improves nutritional, sensory qualities and food safety. These edible films protect food from microbial contamination and preserve it from the effects of environment.
According to the Royal Society of Chemistry, researchers investigated several natural antimicrobials, such as Star Anise Essential Oil (SAEO), as a primary component in edible coating products. The encapsulated SAEO proved to be highly efficient in protecting fresh-produced fruits and vegetables.
Market Dynamics:
Driver:
Biodegradable and eco-friendly
Edible films are made from natural and organic ingredients such as wheat gluten, whey protein, maize zein, waxes, cellulose derivatives and pectins. These coatings enable sustainability and they are ecofriendly. Edible packaging can be eaten or composted, it is very biodegradable. They offer food safety, food quality and better product costs which are driving the growth of the market rapidly.
Restraint:
Regulatory concerns
Edible films and coatings are crucial components of food and beverage products. They must follow all applicable laws governing food products in the nation. They contain edible fats like methyl esters, which does not comply with all regulations. The existence of many regulatory agencies and various limitations restraints the growth of the market.
Opportunity:
Substitute for plastic packaging
Regular plastics are manufactured from Oxo-biodegradable plastics and results in oxidation. Edible films and coatings are produced from fruits and vegetables. These wrapping extends the storage life, reduces waste and improves shelf life. They are consumed along with the food as they are harmless in nature. It minimizes food and packaging waste and makes products healthier and safer and thus fuels the growth of the market.
Threat:
Poor barrier properties
Regardless of several benefits, edible coatings have poor barrier properties and some of edible coatings impart undesirable flavour on produce. The edible films produced from polysaccharides are good gas barriers but they show poor resistance to water vapours and deprived mechanical strength. They are not capable of making self-supporting structures. These factors are hindering the growth of the market.
COVID-19 Impact
The COVID-19 pandemic has weakened economic flow of many industries all around the world. It also harmed the economic growth of the food packaging business. Lockdown has negatively impacted the edible films and coatings market during the era. Reduced output, lower consumer demand, a gap in the supply chain, as well as import and export restrictions declined its growth. However, post pandemic created new market opportunities and the market is expected to grow.
The lipid segment is expected to be the largest during the forecast period
The lipid segment is estimated to have a lucrative growth, due to its flexibility, hydrophobicity and solidity. Lipid edible coatings serve as excellent barriers against moisture and oxygen. They maintain long-term food quality. It allows a significant reduction in their moisture sensitivity and improves its appearance. It protects the quality and extends the shelf life of foods and anticipates huge share in the market.
The protein segment is expected to have the highest CAGR during the forecast period
The protein segment is anticipated to witness the fastest CAGR growth during the forecast period, due to its excellent barrier and mechanical properties. Protein based coatings are made up of casein, gelatin, wheat gluten, soy protein. It forms films which are stable at different pH, temperature and salt levels. It functions as carriers for antimicrobial and antioxidant agents. It controls the diffusion rate of preservative substances from the surface to the interior of the food.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period due to its inventions of new products and promotions for exportation. This region is well known for its high quality products. It conducts various programs to encourage domestic production. This region has invented non-toxic and edible composite coatings that boost food products longevity more efficiently and thus witnessing huge market growth.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period, owing to its strong national R&D efforts. This region has enabled large number of colleges and small businesses to create ground breaking goods. It is having major key players of the market and they developed edible coating solutions to generate protection against gas exchange and minimize the cold damage of food products. These aspects are driving the market growth in this region.
Key players in the market
Some of the key players profiled in the Edible Films and Coating Market include Dohler Gmbh, Koninklijke DSM NV, Kerry Group PLC, DuPont de Nemours Inc, Ingredion Incorporated, Tate & Lyle PLC, Mantrose-Haeuser Co Inc, Cargill Corporation, Glanbia PLC, Nagase America LLC, Lactips, Devro Plc, Ashland INC, FMC Corporation, MonoSol LLC, CP Kelco, Pace International, LLC, Watson Foods Co Inc, WikiCell Designs Inc, Fuerst Day Lawson Holdings Limited
Key Developments:
In September 2022, Kerry, the world's leading taste and nutrition company, has launched Puremul™, a new texture system which enables manufacturers to reformulate using a label friendly non-GMO alternative that overcomes the existing sunflower supply challenges. It is an innovative, natural texture system which can replace the use of sunflower lecithin and diglycerides across multiple applications including baked goods and plant-based beverages.
In March 2022, FMC Corporation of India has launched a new research-based insecticide Corprima™. It is powered by FMC's world leading Rynaxypyr® insect control technology. Corprima™ will offer superior crop protection against fruit borers. The innovative insecticide Corprima™ has been proven to deliver better returns on investment to farmers by offering pest control for a longer duration, enhanced flower and fruit retention leading to bumper harvests of superior quality.
Ingredient Types Covered:
- Lipids
- Polysaccharides
- Composites
- Protein
- Other Ingredient Types
Applications Covered:
- Bakery & Confectionery
- Dairy Products
- Fruits & Vegetables
- Nutritional Products
- Meat, Poultry & Fish
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- 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
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Edible Films and Coating Market, By Ingredient Type
- 5.1 Introduction
- 5.2 Lipids
- 5.3 Polysaccharides
- 5.4 Composites
- 5.5 Protein
- 5.6 Other Ingredient Types
6 Global Edible Films and Coating Market, By Application
- 6.1 Introduction
- 6.2 Bakery & Confectionery
- 6.3 Dairy Products
- 6.4 Fruits & Vegetables
- 6.5 Nutritional Products
- 6.6 Meat, Poultry & Fish
- 6.7 Other Applications
7 Global Edible Films and Coating Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 Dohler Gmbh
- 9.2 Koninklijke DSM NV
- 9.3 Kerry Group PLC
- 9.4 DuPont de Nemours Inc
- 9.5 Ingredion Incorporated
- 9.6 Tate & Lyle PLC
- 9.7 Mantrose-Haeuser Co Inc
- 9.8 Cargill Corporation
- 9.9 Glanbia PLC
- 9.10 Nagase America LLC
- 9.11 Lactips
- 9.12 Devro Plc
- 9.13 Ashland INC
- 9.14 FMC Corporation
- 9.15 MonoSol LLC
- 9.16 CP Kelco
- 9.17 Pace International, LLC
- 9.18 Watson Foods Co Inc
- 9.19 WikiCell Designs Inc
- 9.20 Fuerst Day Lawson Holdings Limited
List of Tables
- 1 Global Edible Films and Coating Market Outlook, By Region (2020-2028) ($MN)
- 2 Global Edible Films and Coating Market Outlook, By Ingredient Type (2020-2028) ($MN)
- 3 Global Edible Films and Coating Market Outlook, By Lipids (2020-2028) ($MN)
- 4 Global Edible Films and Coating Market Outlook, By Polysaccharides (2020-2028) ($MN)
- 5 Global Edible Films and Coating Market Outlook, By Composites (2020-2028) ($MN)
- 6 Global Edible Films and Coating Market Outlook, By Protein (2020-2028) ($MN)
- 7 Global Edible Films and Coating Market Outlook, By Other Ingredient Types (2020-2028) ($MN)
- 8 Global Edible Films and Coating Market Outlook, By Application (2020-2028) ($MN)
- 9 Global Edible Films and Coating Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)
- 10 Global Edible Films and Coating Market Outlook, By Dairy Products (2020-2028) ($MN)
- 11 Global Edible Films and Coating Market Outlook, By Fruits & Vegetables (2020-2028) ($MN)
- 12 Global Edible Films and Coating Market Outlook, By Nutritional Products (2020-2028) ($MN)
- 13 Global Edible Films and Coating Market Outlook, By Meat, Poultry & Fish (2020-2028) ($MN)
- 14 Global Edible Films and Coating Market Outlook, By Other Applications (2020-2028) ($MN)
- 15 North America Edible Films and Coating Market Outlook, By Country (2020-2028) ($MN)
- 16 North America Edible Films and Coating Market Outlook, By Ingredient Type (2020-2028) ($MN)
- 17 North America Edible Films and Coating Market Outlook, By Lipids (2020-2028) ($MN)
- 18 North America Edible Films and Coating Market Outlook, By Polysaccharides (2020-2028) ($MN)
- 19 North America Edible Films and Coating Market Outlook, By Composites (2020-2028) ($MN)
- 20 North America Edible Films and Coating Market Outlook, By Protein (2020-2028) ($MN)
- 21 North America Edible Films and Coating Market Outlook, By Other Ingredient Types (2020-2028) ($MN)
- 22 North America Edible Films and Coating Market Outlook, By Application (2020-2028) ($MN)
- 23 North America Edible Films and Coating Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)
- 24 North America Edible Films and Coating Market Outlook, By Dairy Products (2020-2028) ($MN)
- 25 North America Edible Films and Coating Market Outlook, By Fruits & Vegetables (2020-2028) ($MN)
- 26 North America Edible Films and Coating Market Outlook, By Nutritional Products (2020-2028) ($MN)
- 27 North America Edible Films and Coating Market Outlook, By Meat, Poultry & Fish (2020-2028) ($MN)
- 28 North America Edible Films and Coating Market Outlook, By Other Applications (2020-2028) ($MN)
- 29 Europe Edible Films and Coating Market Outlook, By Country (2020-2028) ($MN)
- 30 Europe Edible Films and Coating Market Outlook, By Ingredient Type (2020-2028) ($MN)
- 31 Europe Edible Films and Coating Market Outlook, By Lipids (2020-2028) ($MN)
- 32 Europe Edible Films and Coating Market Outlook, By Polysaccharides (2020-2028) ($MN)
- 33 Europe Edible Films and Coating Market Outlook, By Composites (2020-2028) ($MN)
- 34 Europe Edible Films and Coating Market Outlook, By Protein (2020-2028) ($MN)
- 35 Europe Edible Films and Coating Market Outlook, By Other Ingredient Types (2020-2028) ($MN)
- 36 Europe Edible Films and Coating Market Outlook, By Application (2020-2028) ($MN)
- 37 Europe Edible Films and Coating Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)
- 38 Europe Edible Films and Coating Market Outlook, By Dairy Products (2020-2028) ($MN)
- 39 Europe Edible Films and Coating Market Outlook, By Fruits & Vegetables (2020-2028) ($MN)
- 40 Europe Edible Films and Coating Market Outlook, By Nutritional Products (2020-2028) ($MN)
- 41 Europe Edible Films and Coating Market Outlook, By Meat, Poultry & Fish (2020-2028) ($MN)
- 42 Europe Edible Films and Coating Market Outlook, By Other Applications (2020-2028) ($MN)
- 43 Asia Pacific Edible Films and Coating Market Outlook, By Country (2020-2028) ($MN)
- 44 Asia Pacific Edible Films and Coating Market Outlook, By Ingredient Type (2020-2028) ($MN)
- 45 Asia Pacific Edible Films and Coating Market Outlook, By Lipids (2020-2028) ($MN)
- 46 Asia Pacific Edible Films and Coating Market Outlook, By Polysaccharides (2020-2028) ($MN)
- 47 Asia Pacific Edible Films and Coating Market Outlook, By Composites (2020-2028) ($MN)
- 48 Asia Pacific Edible Films and Coating Market Outlook, By Protein (2020-2028) ($MN)
- 49 Asia Pacific Edible Films and Coating Market Outlook, By Other Ingredient Types (2020-2028) ($MN)
- 50 Asia Pacific Edible Films and Coating Market Outlook, By Application (2020-2028) ($MN)
- 51 Asia Pacific Edible Films and Coating Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)
- 52 Asia Pacific Edible Films and Coating Market Outlook, By Dairy Products (2020-2028) ($MN)
- 53 Asia Pacific Edible Films and Coating Market Outlook, By Fruits & Vegetables (2020-2028) ($MN)
- 54 Asia Pacific Edible Films and Coating Market Outlook, By Nutritional Products (2020-2028) ($MN)
- 55 Asia Pacific Edible Films and Coating Market Outlook, By Meat, Poultry & Fish (2020-2028) ($MN)
- 56 Asia Pacific Edible Films and Coating Market Outlook, By Other Applications (2020-2028) ($MN)
- 57 South America Edible Films and Coating Market Outlook, By Country (2020-2028) ($MN)
- 58 South America Edible Films and Coating Market Outlook, By Ingredient Type (2020-2028) ($MN)
- 59 South America Edible Films and Coating Market Outlook, By Lipids (2020-2028) ($MN)
- 60 South America Edible Films and Coating Market Outlook, By Polysaccharides (2020-2028) ($MN)
- 61 South America Edible Films and Coating Market Outlook, By Composites (2020-2028) ($MN)
- 62 South America Edible Films and Coating Market Outlook, By Protein (2020-2028) ($MN)
- 63 South America Edible Films and Coating Market Outlook, By Other Ingredient Types (2020-2028) ($MN)
- 64 South America Edible Films and Coating Market Outlook, By Application (2020-2028) ($MN)
- 65 South America Edible Films and Coating Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)
- 66 South America Edible Films and Coating Market Outlook, By Dairy Products (2020-2028) ($MN)
- 67 South America Edible Films and Coating Market Outlook, By Fruits & Vegetables (2020-2028) ($MN)
- 68 South America Edible Films and Coating Market Outlook, By Nutritional Products (2020-2028) ($MN)
- 69 South America Edible Films and Coating Market Outlook, By Meat, Poultry & Fish (2020-2028) ($MN)
- 70 South America Edible Films and Coating Market Outlook, By Other Applications (2020-2028) ($MN)
- 71 Middle East & Africa Edible Films and Coating Market Outlook, By Country (2020-2028) ($MN)
- 72 Middle East & Africa Edible Films and Coating Market Outlook, By Ingredient Type (2020-2028) ($MN)
- 73 Middle East & Africa Edible Films and Coating Market Outlook, By Lipids (2020-2028) ($MN)
- 74 Middle East & Africa Edible Films and Coating Market Outlook, By Polysaccharides (2020-2028) ($MN)
- 75 Middle East & Africa Edible Films and Coating Market Outlook, By Composites (2020-2028) ($MN)
- 76 Middle East & Africa Edible Films and Coating Market Outlook, By Protein (2020-2028) ($MN)
- 77 Middle East & Africa Edible Films and Coating Market Outlook, By Other Ingredient Types (2020-2028) ($MN)
- 78 Middle East & Africa Edible Films and Coating Market Outlook, By Application (2020-2028) ($MN)
- 79 Middle East & Africa Edible Films and Coating Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)
- 80 Middle East & Africa Edible Films and Coating Market Outlook, By Dairy Products (2020-2028) ($MN)
- 81 Middle East & Africa Edible Films and Coating Market Outlook, By Fruits & Vegetables (2020-2028) ($MN)
- 82 Middle East & Africa Edible Films and Coating Market Outlook, By Nutritional Products (2020-2028) ($MN)
- 83 Middle East & Africa Edible Films and Coating Market Outlook, By Meat, Poultry & Fish (2020-2028) ($MN)
- 84 Middle East & Africa Edible Films and Coating Market Outlook, By Other Applications (2020-2028) ($MN)
