Europe Dominates Global Edible Packaging Market, according to Research Report by KBV Research Recently Published at MarketPublishers.com13 Jul 2017 • by Natalie Aster
LONDON – Nowadays, edible packaging is gaining popularity as an alternative to common packaging due to a slew of benefits it provides. In the foreseeable future, the edible packaging market is set to gain traction at a swift pace owing to mushrooming demand for processed food in the wake of significantly rising working population. The other vital factors driving the market growth include technological innovations in edible packaging and increasing shelf-life of the products.
Regionally, Europe is going to remain the leader in the world’s edible packaging marketplace in the years to come. Meantime, the edible packaging market in APAC and North America is expected to follow an upward trajectory from 2017 till 2023, exhibiting a promising CAGR.
Some of the prominent edible packaging market participants include Tate & Lyle Plc, Watson, Safetraces, JRF Technology LLC., amid others.
The all-encompassing research study “Global Edible Packaging Market (2017 - 2023)” provided by KBV Research offers a reader a great insight into the current situation in the world’s market for edible packaging as well as touches upon the market historical development patterns and includes detailed future forecasts up till 2023.
This topical market research report presents an insightful review of the major market segments on the basis of end-users, materials and geography. It also delves deep into the market dynamics, covering the key market growth drivers, restraints and challenges. The competitive environment in the market is examined in this report and profiles of 8 prominent market players are at hand. Additionally, the publication contains an overview of the future possible market development trends and lucrative growth opportunities.
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