|Fastest Growing Market:||South America|
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The global edible films and coatings for fruits and vegetables market was valued at USD 709.77 million in 2020 and is expected to register a CAGR of 6.76% during the forecast period 2021-2026.
As a result of the COVID-19 pandemic, the consumer interest rose in products that support the overall maintenance of health and wellness, which has urged the consumers to increase their nutritional intake and consume safer and healthier foods. This resulted in an increased demand for fresh and organic foods, including fruits and vegetables. Hence, stocking up the trolleys with more foods of organic and fresh-origin, along with fruits and vegetables has boosted the application of these films and coating in the market.
Over the medium term, the demand for edible films and coatings is expected to be driven by the need for complete biodegradation of plastics along with reduced wastage and improved shelf life of fruits and vegetables. The utilization of renewable resources for packaging materials, such as hydrocolloids and lipids from a biological origin, is one of the main trends of the flexible packaging industry.
Thus, the rise in demand for edible packaging, backed by an improved focus on research and development, is driving the overall market for edible films and coatings, globally.
Scope of the Report
Edible films and coatings are thin layers of edible materials such as edible biopolymers and food-grade additives applied on fruits and vegetables that play an important role on their conservation, distribution and marketing. Some of their functions are to protect the product from mechanical damage, physical, chemical and microbiological activities. The edible films and coatings for fruits and vegetables market is segmented by ingredient type (protein, polysaccharides, lipids, and composites). By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. The report also offers market size and forecasts for edible films and coatings in 12 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of value in USD million.
Key Market Trends
Increasing Demand For Edible Packaging As An Alternative To Plastic Packaging
The demand for edible films and coatings is driven by the need for complete biodegradation of plastics. The rise in demand for edible packaging, backed by an improved focus on research and development, is also driving the overall market for edible films and coatings, globally. Plastics that are advertised as being oxo-biodegradable are made from conventional plastics and mixed with additives to mimic biodegradation. However, the main effect of oxidation is a mere fragmentation of the material or product into small particles that remain in the environment. Thus, regarding reduced wastage and improved shelf life of fruits and vegetables, several companies are launching edible packaging to extend their shelf life. For example, the United States-based start-up, Apeel Sciences, created an edible nature-inspired coating for fruits, Apeel, to tackle food waste, plastic packaging waste, and provide up to 2 times the shelf-life in the overall food industry. Apeel is made from edible materials found in the skins, peels, and seeds of plants. It adds a little extra peel on produce to slow the rate of water loss and oxidation — the primary causes of spoilage. That extra peel is completely edible, tasteless, and safe to eat. Therefore, increasing environmental safety awareness, especially related to packaging degradability issues, has resulted in the launch of various edible packaging products.
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Asia Pacific Remains the Largest Market
Fruits are one of the most important horticulture commodities produced in the region, with high production and export in countries such as China and India. In the region, antimicrobial agents are successfully added to several edible composite films and coatings, based on polysaccharides or proteins, such as starch, cellulose derivatives, chitosan, alginate, fruit puree, whey protein isolated, soy protein, egg albumen, wheat gluten, or sodium caseinate, in order to keep the fruits and vegetable fresh. In China, Xanthan gum is one of the most commonly used edible coating on fruits and vegetables, which is giving rise to high demand for polysaccharide-based films and coatings in the country. The component is used for its favourable characteristics, as it forms a highly viscous solution in cold or hot water, even at low concentration, it is stable over a wide range of pH and temperatures, and it is resistant to enzymatic degradation.
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The major players operating in the global edible films and coatings for fruits and vegetables market include, Tate & Lyle PLC, Sumitomo Chemical Co. Ltd, and RPM International Inc. Companies, such as Tate & Lyle PLC and Sumitomo Chemical, hold strong market positioning as they hve strong distribution channels and a high market penetration across the world. Also, these players work around the sustainability factor, along with reducing dependency on harmful chemicals. For instance, in 2018, Pace International, a subsidiary of Sumitomo Chemicals, an innovative and sustainable postharvest company, launched its new high-shine, edible coating, PrimaFresh® 606 GL. PrimaFresh® 606 GL had been based on Carnauba, a natural vegetable lipid extracted from sustainably managed palm tree plantations and has been made with natural food-grade ingredients.
- In October 2020, NatureSeal launched a shelf-life extension technology for freshly cut strawberries. The newly introduced product is a healthy, clean-label powder blend that protects sliced, topped, halved, and diced fresh strawberries, maintaining freshness for up to eleven days when refrigerated. NatureSeal retards spoilage and maintains the color and firmness of fresh-cut strawberries without altering the flavor.
- In October 2020, NatureSeal launched sulfite-free solutions to keep cut potatoes, cut sweet potatoes, and other root vegetables fresh for up to 21 days. The NatureSeal cut potato freshness extenders are easy to use at the processing facility. It is organic, allergen-free, and Kosher.
- In March 2020, Sufresca, an Israeli start-up developed edible coatings that eliminate fresh produce plastic packaging entirely and reduce food loss and waste. The company claims that these tailor-made edible formulations arrive with easily implemented application techniques and maintain appearance and taste “as if just harvested”. This innovation comes as the packaging industry has been innovating with ideas of packaging-free solutions to the food and beverage industry.
Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Ingredient Type
5.2.1 North America
220.127.116.11 United States
18.104.22.168 Rest of North America
22.214.171.124 United Kingdom
126.96.36.199 Rest of Europe
5.2.3 Asia Pacific
188.8.131.52 Rest of Asia Pacific
5.2.4 Rest of the World
184.108.40.206 South America
220.127.116.11 Middle East & Africa
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Market Positioning Analysis
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Tate & Lyle PLC
6.3.2 Sumitomo Chemical Co. Ltd
6.3.4 Flo Chemical Corporation (FloZein)
6.3.5 RPM INTERNATIONAL INC. (Mantrose-Haeuser Co. Inc.)
6.3.6 Bio Naturals Solutions
6.3.7 Apeel Sciences
6.3.8 Hazel Technologies Inc.
6.3.9 Mori (Cambridge Crops Inc.)
6.3.10 Liquid seal Bv
6.3.11 John Bean Technologies Corporation (JBT)
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
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Frequently Asked Questions
What is the study period of this market?
The Global Edible Films and Coatings for Fruits and Vegetables Market market is studied from 2016 - 2026.
What is the growth rate of Global Edible Films and Coatings for Fruits and Vegetables Market?
The Global Edible Films and Coatings for Fruits and Vegetables Market is growing at a CAGR of 6.76% over the next 5 years.
What is Global Edible Films and Coatings for Fruits and Vegetables Market size in 2016?
The Global Edible Films and Coatings for Fruits and Vegetables Market is valued at 709.77 Million USD in 2016.
Which region has highest growth rate in Global Edible Films and Coatings for Fruits and Vegetables Market?
South America is growing at the highest CAGR over 2021- 2026.
Which region has largest share in Global Edible Films and Coatings for Fruits and Vegetables Market?
Asia-Pacific holds highest share in 2020.
Who are the key players in Global Edible Films and Coatings for Fruits and Vegetables Market?
Sumitomo Chemical Co. Ltd., SUFRESCA, Flo Chemical Corporation (FloZein), RPM INTERNATIONAL INC. (Mantrose-Haeuser Co. Inc.), Hazel Technologies are the major companies operating in Global Edible Films and Coatings for Fruits and Vegetables Market.