North America Edible Packaging In Food & Pharmaceutical Market Forecast 2023-2032
KEY FINDINGS
The North America edible packaging in food & pharmaceutical market growth is anticipated to progress at a CAGR of 4.14% during the forecast period, 2023-2032. The region’s thriving food and pharmaceutical sectors drive the growth of the edible packaging market in North America. The market growth is further propelled by the presence of several edible packaging production businesses and expanding package innovations.
MARKET INSIGHTS
Canada and the United States are evaluated for the North America edible packaging in food & pharmaceutical market growth assessment. In Canada, the market growth is accredited to the increasing consumer awareness of synthetic packaging and the rising environmental conscience. Also, eco-friendly packaging is gaining popularity in Canada’s packaging industry. In addition, fiber-based packaging is becoming popular, nudging brands to use more environmental-friendly packaging.
Further, the government stated its plan to outlaw single-use plastics. This has raised the demand for eco-friendly substitutes like edible packaging. Also, the country’s food industry is among the major consumers of edible packaging, given the huge demand for ready-to-eat and convenient foods. Besides, there is increased demand for small- and single-size portions of convenience foods and snacks. Moreover, consumers are increasingly spending on items like dried foods, bakery goods, nuts, snack foods, hot cocoa sticks & pouches, etc. Such aspects enable growth opportunities for the Canada edible packaging in food & pharmaceutical market.
COMPETITIVE INSIGHTS
Some of the leading players in the market include Apeel Sciences, MonoSol LLC, Decomer Technology OÜ, 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.
• 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
- 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 United States
- 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. North America
- 8.1.1. Market Size & Estimates
- 8.1.2. North America Edible Packaging In Food & Pharmaceutical Market Drivers
- 8.1.3. North America Edible Packaging In Food & Pharmaceutical Market Challenges
- 8.1.4. Regulatory Framework In North America Edible Packaging In Food & Pharmaceutical Market
- 8.1.5. Key Players In North America Edible Packaging In Food & Pharmaceutical Market
- 8.1.6. Country Analysis
- 8.1.6.1. United States
- 8.1.6.1.1. United States Edible Packaging In Food & Pharmaceutical Market Size & Opportunities
- 8.1.6.2. Canada
- 8.1.6.2.1. Canada 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 Oü
- 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
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