Scope of the Study
The global edible films market is anticipated to witness steady growth over the forecast period due to the enlarged use of clean label strategies by food producers to carve out the use of artificial preservatives and tenants. Edible films are a brilliant solution to decrease the carbon footprint by manufactures and this is expected to boost the edible films market growth over the forecast period. The factors that propel the growth of the market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations.
The market study is being classified, by Application (Dairy Products, Nutritional Products, Bakery and Confectionary, Fruits & Vegetables and Meat) and major geographies with country level break-up. According to AMA, the Europe Edible Films market is expected to see growth rate of 4.5%
Tate and Lyle PLC (United Kingdom), Koninklijke DSM N.V (Netherlands), Devro Plc. (United Kingdom), Kerry Group PLC (Ireland), FUERST DAY LAWSON HOLDINGS LIMITED (United Kingdom), Glanbia (Ireland), PRODUCTION AND INNOVATION ON EDIBLE COATINGS S.L. (Spain), INOX MECCANICA Srl (Italy) and Parkside Performance Films Ltd. (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Tredegar Film Products BV (Netherlands).
The global edible films market is highly fragmented and the major players have used various strategies including new product launches, agreements, expansions, joint ventures, acquisitions, partnerships, and others to upsurge their footprints in this market. Research Analyst at AMA predicts that United Kingdom Vendors will contribute to the maximum growth of Europe Edible Films market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Europe Edible Films market by Type, Application and Region.
On the basis of geography, the market of Edible Films has been segmented into Europe (Germany, France, Italy, United Kingdom, Spain, Netherlands, Ireland, Rest of Europe). If we see Market by Ingredient Type, the sub-segment i.e. Protein [Casein, Gluten] will boost the Edible Films market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Food and Beverages will boost the Edible Films market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- A Growing Focus by Food Manufacturers on Reducing Wastage from Packaging Material
- Increasing Shelf Life of Products, Safety Issues, and Effective Usage of Space
- Alternative Uses of Edible Films as Additives
- Rising Consumption of Convenient Food Offerings Especially In Developed Regions
- Governmental Initiatives to Reduce the Carbon Foot Print In the Food Sector
- Lack of Local Manufacturers
- Higher Cost Associated With Edible Packaging than Recycling Solutions
- Growing Consumption of Easy-To-Make Food Items Due To Busy and Hectic Lifestyles in both Developed and Developing Countries
- High Value of Import of Edible Films and Coatings
Market Leaders and their expansionary development strategies
On 26th March 2019, Tate & Lyle, a leading global provider of food and beverage ingredients and solutions, announces it has reached agreement to sell its oat ingredients business, based in Kimstad, Sweden, to Swedish agricultural cooperative Lantmännen. Completion of the transaction will take place on 29 March 2019.
Key Target AudienceEdible Film Providers, Private Research Organizations, Government Research Organizations, Government Regulatory bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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