Global Edible Packaging Market is valued at US$ 1,004.00 Mn in 2022, according to the Global Edible Packaging Market Report, by Material Type (Polysaccharides, Lipid, Surfactant, Protein Films, and Composite Films), by End Use Type (F&B Manufacturing (Fresh Food, Cakes & Confectionery, Dairy Products, Baby Food, and Other Food Products), Pharmaceuticals, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA), as published by Coherent Market Insights.
Global edible packaging market was valued at US$ 1,004.00 Mn in 2022. Edible packaging market is expected to register a CAGR of 6.29% over the forecast period (2023–2030), to reach US$ 1728.08 Mn by 2030.
Global Edible Packaging Market-Impact of Coronavirus (Covid-19) Pandemic:
In January 3, 2020 to September 28, 2021, there have been 42,648,573 confirmed cases of COVID-19 with 683,243 deaths, reported to the WHO (World Health Organization). As of September 23, 2021, a total of 389,142,237 vaccine doses have been administered. There is no credible evidence that people can be infected with the COVID-19 virus from food or food packaging. According to a joint press release from the U.S. Department of Agriculture, the U.S. Food and Drug Administration, and the U.S. Centers for Disease Control and Prevention, some scientific studies have identified COVID-19 particles on food packaging, most of that researchers are indulged in finding the genetic fingerprint of the virus and not the live virus that can result in human infection.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/edible-packaging-market-819
Key Trends and Analysis of the Global Edible Packaging Market:
North America Witnessed a Significant Market Growth
Key Takeaways of the Global Edible Packaging Market:
New product launches, merger & acquisitions, strategic partnership expansion, and research & development activities are the key strategies adopted by players in the global edible packaging market. For instance,
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