Edible Films and Coatings Sector: Growth Drivers and Challenges
Growth Drivers
- Increasing prevalence of eco-friendly packaging solutions
- Increasing governmental initiatives
Challenges
- Expensive packaging solutions
- Lack of awareness about environmental sustainability in under-developed countries
Edible Films and Coatings Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
7.6% |
|
Base Year Market Size (2024) |
USD 3.36 billion |
|
Forecast Year Market Size (2037) |
USD 8.71 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of edible films and coatings is estimated at USD 3.58 billion.
Edible Films and Coatings Market size was valued at USD 3.36 billion in 2024 and is likely to cross USD 8.71 billion by 2037, expanding at more than 7.6% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is likely to hold largest revenue share by 2037, due to increasing awareness about environmental sustainability, and growing need to develop alternatives of plastic packaging solutions in the region.
The major players in the market are Dohler Group, Dupont, NAGASE & CO., LTD., and Ingredion, among others.
