Edible Packaging Market is Estimated to Witness High Growth Owing to Advances in Bio-Based Technology
Edible packaging refers to edible materials that can be consumed along with the product they wrap or contain. It is made from edible ingredients such as fruits, vegetables, herbs and spices. Edible packaging provides protection against moisture, oxygen, and other potential contaminants while maintaining freshness. It eliminates the need for disposal as they are 100% biodegradable and edible. Rising demand for sustainable packaging from food companies is a major factor driving the growth of the edible packaging market.
The global edible packaging market was valued at US$ 1,004.00 million in 2022 and is expected to exhibit a CAGR of 6.29% over the forecast period (2023-2030).
Get More Insights on- Edible Packaging Market
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Edible packaging refers to edible materials that can be consumed along with the product they wrap or contain. It is made from edible ingredients such as fruits, vegetables, herbs and spices. Edible packaging provides protection against moisture, oxygen, and other potential contaminants while maintaining freshness. It eliminates the need for disposal as they are 100% biodegradable and edible. Rising demand for sustainable packaging from food companies is a major factor driving the growth of the edible packaging market.
The global edible packaging market was valued at US$ 1,004.00 million in 2022 and is expected to exhibit a CAGR of 6.29% over the forecast period (2023-2030).
Get More Insights on- Edible Packaging Market
(https://www.newsstatix.com...
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