Global Edible Films and Coating Market: Overview
The growth rate charted by global edible films and coating market from 2019 to 2027 will be impressive and that would lead to a steep and upward facing growth curve. A people move towards eco-friendly packaging solutions, demand for edible films and coatings that are biodegradable and environmentally sustainable is set to grow. Additionally, innovation in the market – a product of proactive player approach – will add to the upward trend. Besides, the fact that these are known to improve shelf life without compromising safety of consumer of environment massively goes in favor of their already growing popularity, particularly over the forecast period, as per Transparency Market Research.
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Global Edible Films and Coating Market: Notable developments
The market boasts of a decent number of players who are quite competitive in their approach to growth. The last few years have seen a notable increase in their numbers, making the vendor landscape more fragmented. The new players have gained significant clout, credit new product launches and effective growth strategies – organic and inorganic.
2017: Brands such as Lactips are good examples of players focusing upon new offerings to capture growth in the market. It recently created pellets that were made of casein, a milk-based protein. It is biodegradable, and 100% natural. The launch created intense competition in the market.
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Top players in the Edible Films and Coating Market include:
- Dupont de Nemours Inc.
- Cargill
- Tate & Lyle
- Dohler Group, D
- Ingredion Incorporated
- Koninklijke DSM N.V.
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The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to
- North America, South America, and the Americas
- Asia Pacific and Japan
- Europe
- Latin America
- Middle East and Africa