Market Size of Global Edible Films and Coatings for Fruits and Vegetables Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 3.32 Billion |
| Market Size (2029) | USD 4.79 Billion |
| CAGR (2024 - 2029) | 7.64 % |
| Fastest Growing Market | South America |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Edible Films and Coatings for Fruits and Vegetables Market Analysis
The Global Edible Films and Coatings for Fruits and Vegetables Market size is estimated at USD 3.32 billion in 2024, and is expected to reach USD 4.79 billion by 2029, growing at a CAGR of 7.64% during the forecast period (2024-2029).
As a result of the COVID-19 pandemic, consumer interest rose in products that support the overall maintenance of health and wellness, urging 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, 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, 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 R&D, is driving the overall market for edible films and coatings, globally.
