Edible films and coatings market is anticipated to grow at a CAGR of 7.8% during the forecast period (2024–2031). The market for edible films and coatings is driven by changing industry sentiment to move toward plant-based sources to produce edible films and coatings. The factors contributing to the shift include a rise in the vegan and vegetarian consumer bases, improvements in plant-based films and coating properties, and the cost-effectiveness of the source. For instance, in April 2021, AgroFresh Solutions, Inc., a global producer of freshness solutions, launched VitaFreshTM Botanicals Life Ultra, a plant-based, edible coating that keeps produce fresh and reduces food loss and waste. Life Ultra's unique nanoemulsion technique produces smaller particles for better coating coverage and fruit protection. Embrapa Instrumentation, UFSCar, and QGP Química collaborated to create the nanoemulsion technology. 

Moreover, the change is expected to highly influence the bakery and confectionary industry owing to its high consumer base, strict regulatory standards, and frequent requirement of coatings. For instance, in August 2023, Foodberry, a Boston-based firm, developed a novel edible food packaging that protects all types of food, from hummus to ice cream. This layering not only extends the food's shelf life but also provides an environmentally friendly alternative to standard plastic packaging.

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Market Coverage

                 The market number available for – 2023-2031

                 Base year- 2023

                 Forecast period- 2024-2031

Segment Covered- 

                 By Function type 

                 By Material

                 By Application

Regions Covered- 

                 North America 

                 Europe 

                 Asia-Pacific 

                 Rest of the World 

Competitive Landscape - Glanbia plc, Ingredion, Inc., and Tate & Lyle PLC, among others 

Edible Films and Coatings Market Report Segment 

By Function type 

                 Barrier Films

                 Antimicrobial Films

                 Anti-browning Films

                 Texture Enhancing Films

                 Others

By Material

                 Proteins

                 Lipids

                 Polysaccharides

                 Composites

By Application

                 Bakery and Confectionery

                 Fruits and Vegetables

                 Meat, Poultry, and Seafood

                 Dairy Products   

                 Pharmaceuticals   

                 Others

A full Report of Edible Films and Coatings Market is Available @ https://www.omrglobal.com/industry-reports/edible-films-and-coatings-market

Edible Films and Coatings Market Report Segment by Region 

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

       Latin America

       Middle East and Africa 

Company Profiles

                 Akorn Technology, Inc.

                 Dohler GmbH.

                 Flo Chemical Corp.

                 Glanbia plc 

                 Ingredion, Inc. 

                 Nabaco, Inc.

                 Nagase America LLC 

                 Pace International, LLC

                 PolyNatural Holding Spa.

                 Sufresca Ltd.

                 Takikawa Oblate Corp. Ltd.

                 Tate & Lyle PLC.

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