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Global Edible Films And Coatings Market Growth To Spur With Pressing Need To Curb Food Wastage

A significant role is played by edible films and coatings in the quality, transportation, display, and storage of the wide array of fresh and processed food products. These are layers of eatable materials smeared to food products that help in its preservation and distribution. The key function of edible coatings is to maintain the food’s high quality. Edible coatings and films mainly aim at protecting the food products from any kind of microbial contamination or activities. Additionally, they shield food products from a number of damages like physical, mechanical, and chemical.

The global food films and coating market is mostly likely be driven by the rising emphasis on packaging material-associated waste reduction and the escalating initiatives by government to decrease the carbon footprint through several food industries. Further, the food product companies have amplified their efforts to boost the product’s shelf-life and to enhance the existing packaging technology, ascertaining the food’s preservation from any impact caused by external factors and microbial safety. Additionally, new product innovations along with rising expenditure will also add up to the market growth. To cite, an Israeli startup Sufresca, in February 2020, which developed an edible fruit & vegetable coating solutions to restraint plastic packaging and decrease wastage of food, in seed funding raised about USD 500,000 from the agri-foodtech VC Rimonim. The firm, with this investment, centers on the fresh produce edible coatings’ commercialization.

The global edible films and coating market can be bifurcated based on application, ingredient type, and region. the market, by ingredient type, is segregated into polysaccharides, protein, composites, and lipids. The market, by application, is categorized into bakery & confectionery, dairy products, poultry, meat, & seafood, fruits & vegetables, and other applications.

Regionally, the global edible films and coating market is projected to be led by North America during the forecast period by claiming the highest market share. On the other hand, Asia Pacific is anticipated to witness the most lucrative expansion over the coming period. of these, China is expected to be frontrunner with highest contribution to growth of the regional market owing to growing xanthan gum demand in China. It is among the most widely utilized films in the country. Also, there is increase in investment towards R&D in this region with the aim to bring up new, advanced films and coatings, thereby driving regional market expansion.

The dominant players participating in the global edible films and coating market include MONOSOL LLC, WikiCell Designs, Inc., JRF Technology, LLC, Tate & Lyle, BLUWRAP, SAFETRACES, Inc., TIPA CORP, SKIPPING ROCKS LAB, Devro, Watson Inc., Proinec, Takikawa Oblate Corp., Ltd., W Hydrocolloids, Inc., Mantrose-Haeuser Co., Inc., CP Kelco, FDL, NAGASE & CO., LTD., FMC Corporation, DSM, Cargill, Inc., Ashland, The INGREDION, and Kerry Group, among other.

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Sr. Content Writer At The Food Beverage News

Having a Master’s Degree in Brewing Technology and overall experience of 6 years in the field of writing, Jerri has been one of the most workaholic and dedicated team members of portal. She has been a part of this portal for 4 years now. Jerri started a career in writing with freelancing and the journey has been worth watching and appraising. She handles the Beverage Industry domain of the portal and along with her team provides all the vital and up-to-the-minute news and reports to the readers in a simple and comprehensible manner.

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