Edible films and coatings market is anticipated to grow at a CAGR of 7.8% during the forecast period (2024–2031). The market for edible films and coatings is driven by changing industry sentiment to move toward plant-based sources to produce edible films and coatings. The factors contributing to the shift include a rise in the vegan and vegetarian consumer bases, improvements in plant-based films and coating properties, and the cost-effectiveness of the source. For instance, in April 2021, AgroFresh Solutions, Inc., a global producer of freshness solutions, launched VitaFreshTM Botanicals Life Ultra, a plant-based, edible coating that keeps produce fresh and reduces food loss and waste. Life Ultra’s unique nanoemulsion technique produces smaller particles for better coating coverage and fruit protection. Embrapa Instrumentation, UFSCar, and QGP Química collaborated to create the nanoemulsion technology.
Moreover, the change is expected to highly influence the bakery and confectionary industry owing to its high consumer base, strict regulatory standards, and frequent requirement of coatings. For instance, in August 2023, Foodberry, a Boston-based firm, developed a novel edible food packaging that protects all types of food, from hummus to ice cream. This layering not only extends the food’s shelf life but also provides an environmentally friendly alternative to standard plastic packaging.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Function type
- By Material
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape – Glanbia plc, Ingredion, Inc., and Tate & Lyle PLC, among others
Edible Films and Coatings Market Report Segment
By Function type
- Barrier Films
- Antimicrobial Films
- Anti-browning Films
- Texture Enhancing Films
- Others
By Material
- Proteins
- Lipids
- Polysaccharides
- Composites
By Application
- Bakery and Confectionery
- Fruits and Vegetables
- Meat, Poultry, and Seafood
- Dairy Products
- Pharmaceuticals
- Others
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Edible Films and Coatings Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Akorn Technology, Inc.
- Dohler GmbH.
- Flo Chemical Corp.
- Glanbia plc
- Ingredion, Inc.
- Nabaco, Inc.
- Nagase America LLC
- Pace International, LLC
- PolyNatural Holding Spa.
- Sufresca Ltd.
- Takikawa Oblate Corp. Ltd.
- Tate & Lyle PLC.
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