Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
How is the Edible Films And Coatings Market Size Evolving Over the Years?
The edible films and coatings market has shown commendable growth over recent years, escalating from a market size of $3.44 billion in 2024 to a projected $3.72 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.0%. Factors contributing to this surge in the historical period involve heightened food preservation, rising demand for eco-friendly packaging, regulatory compliance, and increasing environmental concerns, amongst others.
Predictions for the years ahead remain bullish, with the edible films and coatings market poised to scale up to $5.45 billion by 2029, indicating a lucrative CAGR of 10.0%. The coming years are set to witness the rising popularity of plant-based and vegan edible coatings, increased food security and traceability, expanding use of functional ingredients in edible coatings, and emerging market growth.
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What Factors are Steering the Growth of the Edible Films and Coatings Market?
A significant surge in the global sale of fruits and vegetables, which utilize edible films and coatings for packaging, has been instrumental in driving the market growth. These packaging solutions enhance shelf life, are eco-friendly, and comply with food safety regulations. According to Dutch media platform FreshPlaza, the sale of organic fresh produce hit $2.3 billion in the first quarter of 2022, marking a 4% increase from previous years.
What are the Major Segments within the Edible Films and Coatings Market?
The market report segments the edible films and coatings industry into three main categories:
1) Ingredient Type: Protein, Polysaccharides, Lipids, Composites
2) Application: Dairy products, Bakery and Confectionery, Fruits and Vegetables, Meat, Poultry, and Seafood, Other Applications
3) End-User: Food and Beverage, Pharmaceuticals
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Who are the Major Players in the Edible Films and Coatings Market?
The dominant players in the edible films and coatings market include Tate & Lyle PLC, DuPont de Nemours Inc., Döhler GmbH, Royal DSM N.V., Cargill Inc., Ingredion Incorporated, Watson Inc., Kerry Group plc, Ashland Global Holdings Inc., JRF Technology LLC, and more.
What are the Emerging Trends in the Edible Films and Coatings Market?
Major companies in the edible films and coatings market have been focusing on innovative solutions, such as plant-based edible coatings, to enhance food preservation and increase product shelf life, catering to the rising consumer demand for sustainable and healthier packaging alternatives.
Where is the Growth Expected in the Regional Market of Edible Films and Coatings?
In 2024, North America held the largest share in the edible films and coatings market. However, it is the Asia-Pacific region that is expected to be the fastest-growing region in the edible films and coatings market during the forecast period.
What Does The Edible Films And Coatings Market Report 2025 Offer?
The Edible Films And Coatings Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. The edible films and coatings market comprises sales of edible films and coatings and related products by entities used for preventing moisture loss, maintaining quality, safe transportation, and storage of foods.
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