The edible films and coatings market comprises the sales of edible films and coatings and related products, offered by entities such as organizations, sole traders, and partnerships. These products are utilized for preventing moisture loss, maintaining quality, ensuring safe transportation, and facilitating storage of various food items. Edible films and coatings are thin layers of edible materials applied to food products, playing a crucial role in their preservation, distribution, and marketing.
The primary types of ingredients used in edible films and coatings include proteins, polysaccharides, lipids, and composites. Proteins are a category of nitrogenous organic compounds characterized by large molecules composed of one or more lengthy chains of amino acids. Applications for these edible films and coatings span across various sectors, including dairy products, bakery and confectionery items, fruits and vegetables, meat, poultry, seafood, and other diverse applications. The end-users of these products encompass the food and beverages industry as well as the pharmaceutical sector.
The edible films and coatings market research report is one of a series of new reports that provides edible films and coatings market statistics, including edible films and coatings industry global market size, regional shares, competitors with an edible films and coatings market share, detailed edible films and coatings market segments, market trends and opportunities, and any further data you may need to thrive in the edible films and coatings industry. This edible films and coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The edible films and coatings market size has grown strongly in recent years. It will grow from $3.2 billion in 2023 to $3.46 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth observed in the historical period can be attributed to several key factors, including a heightened emphasis on food preservation and shelf-life extension, growing consumer demand for natural and sustainable packaging solutions, efforts to reduce food waste, adherence to regulatory compliance and food safety standards, and an increased awareness of environmental concerns.
The edible films and coatings market size is expected to see strong growth in the next few years. It will grow to $4.89 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The anticipated growth in the forecast period can be attributed to various factors, including the adoption of plant-based and vegan edible coatings, a rising focus on food security and traceability, the increased use of functional ingredients in edible coatings, a growing need for cost savings and efficiency in the food industry, and the expansion of emerging markets. Major trends expected in the forecast period encompass technological advancements in food packaging, collaborative efforts and research within the industry, the development of innovative edible packaging materials, the integration of smart packaging and QR codes for enhanced traceability, and a growing demand for clean label and transparent packaging solutions.
The edible films and coatings market is expected to experience growth due to the increase in the sales of fruits and vegetables globally. Fruits and vegetables, being plant-derived foods, are often packed using edible films and coatings to enhance shelf life and promote eco-friendly packaging practices. According to a report by FreshPlaza, the sale of organic fresh produce reached $2.3 billion in the first quarter of 2022, reflecting a 4% increase from previous years. This surge in global sales of fruits and vegetables is a driving factor for the edible films and coatings market as these materials contribute to increased shelf life and sustainable packaging solutions.
The growth of the edible films and coatings market is further fueled by the rising demand for organic products. Organic products adhere to specific farming and processing standards, requiring specific packaging to maintain their organic status. Edible films and coatings, crafted from natural and organic ingredients, are well-suited for such products, aligning with the organic branding and ensuring packaging consistency with the organic nature of the contents. According to a report by the Organic Trade Association in May 2023, organic food sales in the United States surpassed $60 billion in 2022, marking a significant milestone. Organic produce sales, contributing 15% to total fruit and vegetable sales, amounted to $22 billion. The increasing demand for organic products is a key driver for the growth of the edible films and coatings market.
A notable trend in the edible films and coatings market is technological advancement, with major companies focusing on product innovation through innovative technologies. For instance, in April 2021, AgroFresh Solutions Inc., a US-based provider of food freshness and quality solutions, introduced VitaFresh Botanicals – Life Ultra, a new plant-based film. This innovative film utilizes a nanoemulsion process, generating smaller particles for a superior coating of foods and enhanced protection. This technology ensures product freshness, reduces dehydration, and contributes to food loss reduction, particularly for certain tropical fruits. Technological advancements are expected to play a pivotal role in strengthening the position of major companies in the edible films and coatings market.
Major companies in the edible films and coatings market are actively developing new products, including plant-based edible coatings, to cater to larger customer bases, boost sales, and increase revenue. Plant-based edible coatings refer to thin, protective layers made from natural, plant-derived materials applied to the surfaces of various food items, such as fruits, vegetables, or bakery products. In February 2022, Akorn Technology, a US-based developer of edible coatings, introduced edible coatings for fresh products. Notably, Akorn's edible coatings are characterized by their protein-based composition, effectively enhancing the shelf life, quality, and safety of fresh fruit. This innovation addresses issues like decay, browning, chilling injuries, and anthracnose in fruits. Akorn's protein-based coatings have demonstrated the ability to extend the shelf life of a wide range of fruits and vegetables, resulting in a significant reduction of cold chain losses by at least 30%. The outcome is fresh produce with enhanced flavor, texture, and appearance, demonstrating the potential of plant-based edible coatings in preserving and improving the quality of perishable goods.
In November 2022, Sherwin-Williams Company, a US-based manufacturer of paint and coatings, entered an agreement to acquire Peter Möhrle Holding and the GP Capital UG partnership, including Oskar Nolte GmbH and Klumpp Coatings GmbH, for an undisclosed amount. This strategic acquisition positions Sherwin-Williams to achieve profitable growth in the global industrial wood market, aligning with its acquisition strategy of integrating complementary, superior, and differentiating companies. Oskar Nolte GmbH, a Germany-based producer and distributor of industrial coating products, is part of this acquisition, adding valuable assets and capabilities to Sherwin-Williams' portfolio in the coatings industry.
Major companies operating in the edible films and coatings market include Tate & Lyle PLC, DuPont de Nemours Inc., Döhler GmbH, Royal DSM N.V., Cargill Inc., Ingredion Incorporated, Watson Inc., Kerry Group PLC, Ashland Global Holdings Inc., JRF Technology LLC, BluWrap Inc., CP Kelco India Pvt Ltd., Nagase & Co. Ltd., Food Machinery and Chemical Corporation (FMC Corporation), MonoSol LLC, Lactips S.A., Pace International LLC, Sumitomo Fertilizer Manufacturing Co Ltd., Sufresca, AgroFresh Solutions Inc., Akorn Technology Inc., Bayer AG, H.C. Starck Tantalum and Niobium GmbH, Heliatek GmbH, AGC Seimi Chemical Co Ltd., Novaled AG, Badische Anilin- & Soda-Fabrik (BASF) SE, AU Optronics Corp., Graphic Packaging International LLC
North America was the largest region in the edible films and coatings market in 2023. Asia-Pacific is expected to be the fastest-growing region in the edible films and coatings market during the forecast period. The regions covered in this edible films and coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the edible films and coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The edible films and coatings market consists of sales of protein-based coatings such as collagen films, gelatin films and wheat gluten films. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The primary types of ingredients used in edible films and coatings include proteins, polysaccharides, lipids, and composites. Proteins are a category of nitrogenous organic compounds characterized by large molecules composed of one or more lengthy chains of amino acids. Applications for these edible films and coatings span across various sectors, including dairy products, bakery and confectionery items, fruits and vegetables, meat, poultry, seafood, and other diverse applications. The end-users of these products encompass the food and beverages industry as well as the pharmaceutical sector.
The edible films and coatings market research report is one of a series of new reports that provides edible films and coatings market statistics, including edible films and coatings industry global market size, regional shares, competitors with an edible films and coatings market share, detailed edible films and coatings market segments, market trends and opportunities, and any further data you may need to thrive in the edible films and coatings industry. This edible films and coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The edible films and coatings market size has grown strongly in recent years. It will grow from $3.2 billion in 2023 to $3.46 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth observed in the historical period can be attributed to several key factors, including a heightened emphasis on food preservation and shelf-life extension, growing consumer demand for natural and sustainable packaging solutions, efforts to reduce food waste, adherence to regulatory compliance and food safety standards, and an increased awareness of environmental concerns.
The edible films and coatings market size is expected to see strong growth in the next few years. It will grow to $4.89 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The anticipated growth in the forecast period can be attributed to various factors, including the adoption of plant-based and vegan edible coatings, a rising focus on food security and traceability, the increased use of functional ingredients in edible coatings, a growing need for cost savings and efficiency in the food industry, and the expansion of emerging markets. Major trends expected in the forecast period encompass technological advancements in food packaging, collaborative efforts and research within the industry, the development of innovative edible packaging materials, the integration of smart packaging and QR codes for enhanced traceability, and a growing demand for clean label and transparent packaging solutions.
The edible films and coatings market is expected to experience growth due to the increase in the sales of fruits and vegetables globally. Fruits and vegetables, being plant-derived foods, are often packed using edible films and coatings to enhance shelf life and promote eco-friendly packaging practices. According to a report by FreshPlaza, the sale of organic fresh produce reached $2.3 billion in the first quarter of 2022, reflecting a 4% increase from previous years. This surge in global sales of fruits and vegetables is a driving factor for the edible films and coatings market as these materials contribute to increased shelf life and sustainable packaging solutions.
The growth of the edible films and coatings market is further fueled by the rising demand for organic products. Organic products adhere to specific farming and processing standards, requiring specific packaging to maintain their organic status. Edible films and coatings, crafted from natural and organic ingredients, are well-suited for such products, aligning with the organic branding and ensuring packaging consistency with the organic nature of the contents. According to a report by the Organic Trade Association in May 2023, organic food sales in the United States surpassed $60 billion in 2022, marking a significant milestone. Organic produce sales, contributing 15% to total fruit and vegetable sales, amounted to $22 billion. The increasing demand for organic products is a key driver for the growth of the edible films and coatings market.
A notable trend in the edible films and coatings market is technological advancement, with major companies focusing on product innovation through innovative technologies. For instance, in April 2021, AgroFresh Solutions Inc., a US-based provider of food freshness and quality solutions, introduced VitaFresh Botanicals – Life Ultra, a new plant-based film. This innovative film utilizes a nanoemulsion process, generating smaller particles for a superior coating of foods and enhanced protection. This technology ensures product freshness, reduces dehydration, and contributes to food loss reduction, particularly for certain tropical fruits. Technological advancements are expected to play a pivotal role in strengthening the position of major companies in the edible films and coatings market.
Major companies in the edible films and coatings market are actively developing new products, including plant-based edible coatings, to cater to larger customer bases, boost sales, and increase revenue. Plant-based edible coatings refer to thin, protective layers made from natural, plant-derived materials applied to the surfaces of various food items, such as fruits, vegetables, or bakery products. In February 2022, Akorn Technology, a US-based developer of edible coatings, introduced edible coatings for fresh products. Notably, Akorn's edible coatings are characterized by their protein-based composition, effectively enhancing the shelf life, quality, and safety of fresh fruit. This innovation addresses issues like decay, browning, chilling injuries, and anthracnose in fruits. Akorn's protein-based coatings have demonstrated the ability to extend the shelf life of a wide range of fruits and vegetables, resulting in a significant reduction of cold chain losses by at least 30%. The outcome is fresh produce with enhanced flavor, texture, and appearance, demonstrating the potential of plant-based edible coatings in preserving and improving the quality of perishable goods.
In November 2022, Sherwin-Williams Company, a US-based manufacturer of paint and coatings, entered an agreement to acquire Peter Möhrle Holding and the GP Capital UG partnership, including Oskar Nolte GmbH and Klumpp Coatings GmbH, for an undisclosed amount. This strategic acquisition positions Sherwin-Williams to achieve profitable growth in the global industrial wood market, aligning with its acquisition strategy of integrating complementary, superior, and differentiating companies. Oskar Nolte GmbH, a Germany-based producer and distributor of industrial coating products, is part of this acquisition, adding valuable assets and capabilities to Sherwin-Williams' portfolio in the coatings industry.
Major companies operating in the edible films and coatings market include Tate & Lyle PLC, DuPont de Nemours Inc., Döhler GmbH, Royal DSM N.V., Cargill Inc., Ingredion Incorporated, Watson Inc., Kerry Group PLC, Ashland Global Holdings Inc., JRF Technology LLC, BluWrap Inc., CP Kelco India Pvt Ltd., Nagase & Co. Ltd., Food Machinery and Chemical Corporation (FMC Corporation), MonoSol LLC, Lactips S.A., Pace International LLC, Sumitomo Fertilizer Manufacturing Co Ltd., Sufresca, AgroFresh Solutions Inc., Akorn Technology Inc., Bayer AG, H.C. Starck Tantalum and Niobium GmbH, Heliatek GmbH, AGC Seimi Chemical Co Ltd., Novaled AG, Badische Anilin- & Soda-Fabrik (BASF) SE, AU Optronics Corp., Graphic Packaging International LLC
North America was the largest region in the edible films and coatings market in 2023. Asia-Pacific is expected to be the fastest-growing region in the edible films and coatings market during the forecast period. The regions covered in this edible films and coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the edible films and coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The edible films and coatings market consists of sales of protein-based coatings such as collagen films, gelatin films and wheat gluten films. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Edible Films And Coatings Market Characteristics3. Edible Films And Coatings Market Trends And Strategies31. Global Edible Films And Coatings Market Competitive Benchmarking32. Global Edible Films And Coatings Market Competitive Dashboard33. Key Mergers And Acquisitions In The Edible Films And Coatings Market
4. Edible Films And Coatings Market - Macro Economic Scenario
5. Global Edible Films And Coatings Market Size and Growth
6. Edible Films And Coatings Market Segmentation
7. Edible Films And Coatings Market Regional And Country Analysis
8. Asia-Pacific Edible Films And Coatings Market
9. China Edible Films And Coatings Market
10. India Edible Films And Coatings Market
11. Japan Edible Films And Coatings Market
12. Australia Edible Films And Coatings Market
13. Indonesia Edible Films And Coatings Market
14. South Korea Edible Films And Coatings Market
15. Western Europe Edible Films And Coatings Market
16. UK Edible Films And Coatings Market
17. Germany Edible Films And Coatings Market
18. France Edible Films And Coatings Market
19. Italy Edible Films And Coatings Market
20. Spain Edible Films And Coatings Market
21. Eastern Europe Edible Films And Coatings Market
22. Russia Edible Films And Coatings Market
23. North America Edible Films And Coatings Market
24. USA Edible Films And Coatings Market
25. Canada Edible Films And Coatings Market
26. South America Edible Films And Coatings Market
27. Brazil Edible Films And Coatings Market
28. Middle East Edible Films And Coatings Market
29. Africa Edible Films And Coatings Market
30. Edible Films And Coatings Market Competitive Landscape And Company Profiles
34. Edible Films And Coatings Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Edible Films And Coatings Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on edible films and coatings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for edible films and coatings? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Ingredient Type: Protein; Polysaccharides; Lipids; Composites 2) By Application: Dairy products; Bakery and Confectionery; Fruits and Vegetables; Meat, Poultry, and Seafood; Other Applications 3) By End-User: Food and Beverage; Pharmaceuticals
- Companies Mentioned: Tate & Lyle PLC; DuPont de Nemours Inc.; Döhler GmbH; Royal DSM N.V.; Cargill Inc.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Tate & Lyle PLC
- DuPont de Nemours Inc.
- Döhler GmbH
- Royal DSM N.V.
- Cargill Inc.
- Ingredion Incorporated
- Watson Inc.
- Kerry Group plc
- Ashland Global Holdings Inc.
- JRF Technology LLC
- BluWrap Inc.
- CP Kelco India Pvt Ltd.
- Nagase & Co. Ltd.
- Food Machinery and Chemical Corporation (FMC Corporation)
- MonoSol LLC
- Lactips S.A.
- Pace International LLC
- Sumitomo Fertilizer Manufacturing Co Ltd.
- Sufresca
- AgroFresh Solutions Inc.
- Akorn Technology Inc.
- Bayer AG
- H.C. Starck Tantalum and Niobium GmbH
- Heliatek GmbH
- AGC Seimi Chemical Co Ltd.
- Novaled AG
- Badische Anilin- & Soda-Fabrik (BASF) SE
- AU Optronics Corp.
- Graphic Packaging International LLC