Edible Packaging Market size | Deep Dive into Market Leaders: Analysis of Top Manufacturers and Their Strategic Approaches
Edible Packaging Market is projected to be worth USD 2.14 billion by 2030, registering a CAGR of 6.79% during the forecast period (2022–2030) Additionally, the rapidly growing pharmaceutical and food & beverages sectors worldwide contribute to the overall market growth. Restricted use of plastic packaging material has become the major reason for the rising demand for Edible Packaging Market size . Simultaneously, government initiatives for promoting eco-friendly packaging materials provide a huge impetus to market growth. Brands and manufacturers confront endless choices and tradeoffs when it comes to food packaging. Rising demand for more sustainable packaging solutions that look the most natural and have less plastic and less material overall influences the market growth. From a packaging perspective, the assessment of sustainability becomes more complex for food contents. Furthermore, plastic packaging, one of the biggest sources of greenhouse gas emissions when mismanaged ...