South Korea Edible Packaging In Food & Pharmaceutical Market Forecast 2023-2030
KEY FINDINGS
The South Korea edible packaging in food & pharmaceutical market is projected to register a CAGR of 4.25% during the forecast period, 2023-2030. The market growth is attributed to the rapidly expanding e-commerce industry and the rising appeal of home meal replacement (HMR) products.
MARKET INSIGHTS
In South Korea, packaging waste contributes to 46% of total plastic waste and 50% of municipal solid waste. Besides, there is a growing demand for innovative functional bio-packaging materials like edible packaging, bioplastics, and paper to minimize plastic usage and improve recycling.
Further, the South Korea edible packaging in food & pharmaceutical market segmentation includes source, component, and application. The source segment includes animal-based and plant-based.
Plant-based edible packaging is made from natural plant-sourced materials. It is designed to be consumed along with the product. It can be made from varied natural substances, like pectin, protein, lipids, cellulose, starch, etc., sourced from plants like potatoes, wheat, and corn. The packaging can be formulated to facilitate a barrier to oxygen, moisture, and other gases, extending the shelf life of the edible product. However, more research is required to develop materials that are effective, safe, and widely accepted by consumers.
COMPETITIVE INSIGHTS
NAGASE & Co Ltd is among the leading companies in the South Korea edible packaging in food & pharmaceutical market.
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. Country Snapshot
- 2.3. Country Analysis
- 2.4. Scope Of Study
- 2.5. Crisis Scenario Analysis
- 2.5.1. Impact Of Covid-19 On Edible Packaging In Food & Pharmaceutical Market
- 2.6. Major Market Findings
- 2.6.1. Emerging Use Of Nanotechnology In Edible Packaging
- 2.6.2. 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. Pest Analysis
- 4.3. Edible Packaging Market Analysis
- 4.3.1. Types Of Edible Packaging
- 4.3.2. Advantages Of Edible Packaging
- 4.3.3. Disadvantages Of Edible Packaging
- 4.3.4. Desirable Characteristics Of Edible Packaging
- 4.3.5. Edible Packaging Production Methods
- 4.3.5.1. Edible Film-forming Techniques
- 4.3.5.2. Edible Coating-forming Techniques
- 4.4. Key Market Trends
- 4.5. Porter’s Five Forces Analysis
- 4.5.1. Buyers Power
- 4.5.2. Suppliers Power
- 4.5.3. Substitution
- 4.5.4. New Entrants
- 4.5.5. Industry Rivalry
- 4.6. Growth Prospect Mapping
- 4.6.1. Growth Prospect Mapping For South Korea
- 4.7. Market Maturity Analysis
- 4.8. Market Concentration Analysis
- 4.9. Value Chain Analysis
- 4.9.1. Raw Materials
- 4.9.2. Edible Packaging Development & Manufacturing
- 4.9.3. Sales And Distribution
- 4.9.4. End Users
- 4.10. 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. Competitive Landscape
- 8.1. Key Strategic Developments
- 8.1.1. Mergers & Acquisitions
- 8.1.2. Product Launches & Developments
- 8.1.3. Partnerships & Agreements
- 8.2. Company Profiles
- 8.2.1. Allinall Ingredients Ltd
- 8.2.1.1. Company Overview
- 8.2.1.2. Product List
- 8.2.2. Amtrex Nature Care Pvt Ltd
- 8.2.2.1. Company Overview
- 8.2.2.2. Product List
- 8.2.3. Apeel Sciences
- 8.2.3.1. Company Overview
- 8.2.3.2. Product List
- 8.2.4. Decomer Technology Oü
- 8.2.4.1. Company Overview
- 8.2.4.2. Product List
- 8.2.5. Devro Limited
- 8.2.5.1. Company Overview
- 8.2.5.2. Product List
- 8.2.6. Evoware
- 8.2.6.1. Company Overview
- 8.2.6.2. Product List
- 8.2.7. Glanbia Nutritionals Inc
- 8.2.7.1. Company Overview
- 8.2.7.2. Product List
- 8.2.8. Ingredion Inc
- 8.2.8.1. Company Overview
- 8.2.8.2. Product List
- 8.2.9. Jrf Technology Llc
- 8.2.9.1. Company Overview
- 8.2.9.2. Product List
- 8.2.10. Mantrose-haeuser Co Inc
- 8.2.10.1. Company Overview
- 8.2.10.2. Product List
- 8.2.11. Monosol Llc
- 8.2.11.1. Company Overview
- 8.2.11.2. Product List
- 8.2.12. Nagase & Co Ltd
- 8.2.12.1. Company Overview
- 8.2.12.2. Product List
- 8.2.13. Notpla Limited
- 8.2.13.1. Company Overview
- 8.2.13.2. Product List
- 8.2.14. Pace International
- 8.2.14.1. Company Overview
- 8.2.14.2. Product List
- 8.2.15. Tate & Lyle Plc
- 8.2.15.1. Company Overview
- 8.2.15.2. Product List
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