The market for biodegradable food packaging was valued at USD XX million in 2021, and it is anticipated to reach USD XX Million by 2028. Request Covid - 19 Impact The global biodegradable packaging market is anticipated to register a CAGR of 6.1% during 2022-2032. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. Growing environmental concerns about plastic pollution will drive the industry growth in the coming years. Selbyville, Delaware, Sept. 26, 2022 (GLOBE NEWSWIRE) -- According to a new research report by Global Market Insights Inc., Biodegradable Paper and Plastic Packaging Market is anticipated to reach . . The Biodegradable Food Packaging is expected to grow from USD XX.0 million in 2018 to USD XX.0 million by 2025, at a Compound Annual Growth Rate (CAGR) of XX.0% during the forecast period. The Biodegradable Food Packaging Market research report provides in-depth information on market trends, market capacity, industry size, growth factors, share, innovations, competitive. This has led to the development of polymers made from renewable resources for food packaging. According to the FMI analysis, the biodegradable packaging market reached over US$ 440 Bn in 2021. The GCC biodegradable food service disposables market is expected to exhibit a CAGR of 5.1% during 2022-2027. Usage of non-biodegradable materials for the various packaging applications has raised environmental pollution concerns [1,2].Food packaging accounts for the biggest growing sector within the synthetic plastic packaging market domain [3,4,5,6,7].Large amounts of different materials, like paper, glass and plastics, are used globally to manufacture packaging materials and more . Key Market Participants Profiled in the 'Global Biodegradable Packaging Market' Research Report by Kenneth Research include Amcor plc, Sealed Air, Mondi, Tetra Pak, Elevate Packaging, Ball . This increase is due to increasing environmental concerns and various government initiatives to reduce plastic waste. The global biodegradable packaging market forms around 45% of the global packaging market worth US$ 980 Bn in 2021.. Asia Biopolymer Coatings Materials Industry Market Report, Analysis, Industry Market Opportunities, Market Forecast, Consumption Market : Ken Research - Biopolymer coatings are used as barrier coatings on many packaging materials to avoid unwanted moisture transfer in food products. Tags: biodegradable packaging bags biodegradable packaging food biodegradable packaging material custom biodegradable packaging. The report on Biodegradable Food Packaging Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. The segmental analysis focuses on revenue and forecast by . Increasing food and beverages packaging end-use industry to sustain the ever increasing population, and the consumer and industry awareness towards the use of eco-friendly products for a sustainable . In 2019 the market for biodegradable plastic packaging was valued at USD 4.65 billion and by the end of 2025, it is expected to grow at a CAGR of 17.04% reaching a market value of up to 12.06 million. Oct 17, 2022 (Heraldkeepers) -- Our recent report on Food Biodegradable Packaging examines the market's capacity . As per the European Bioplastics, Global production capacities of bioplastics in the year 2019 and 2020 were 1.95 million tons and 2.11 million tons respectively. Biodegradable Food Packaging Market is comprises subjective comprehensive research and is based on direct study and analysis of the quantitative and deep-dive data and information for global Biodegradable Food Packaging Market. Home; Reports; The Biodegradable Packaging Market was valued at USD 81.70 billion in 2020, and it is expected to reach USD 118.85 billion by 2026, registering a CAGR of 6.35% during the period, 2021-2026. Due to its promise as a bio-based packaging material, PLA has attracted the attention of many . Global food biodegradable packaging market is fragmented market with the presence of significant number of players. The need for biodegradable food packaging is expected to grow significantly over the following years. Biodegradable food packaging materials ordinarily comprise . Packaging is a technology that involves enclosing and protecting various types of products for storage, distribution, sale, and use. Biodegradable Food Packaging Material Market research report presents a market analysis based on competitive intensity, market growth scenario, and market share. Biodegradable Packaging Market was valued at US$ 86.92 Bn. In 2021, the global top five players have a share approximately % in terms of revenue. Biodegradable Food Packaging market is segmented by region (country), players, by Type, and by Application. 1. China, the world`s second largest economy, is forecast to reach a projected market size of US$22.3 Billion by the year 2027 trailing a CAGR of 4.7% over the analysis period 2020 to 2027. Free Sample According to Introspective Market Research, the Global Biodegradable Food Packaging Market is estimated to reach xxx million USD in 2021 and projected to grow at the CAGR of xx% during the 2022-2027. Report ID: 150548 4200 Chemical & Material . Biodegradable packaging is made from plants that are gathered from the wild. Get more details on this report - Request Free Sample PDF. The Global Food Biodegradable Packaging Market report includes an overview of the world's economies as well as business perspectives on various facets of the macroeconomic environment that affects the market. Biodegradable Paper & Plastic Packaging Market size was valued at US$ 12.05 Bn in 2021 and the total revenue is expected to grow at 14.20% through 2022 to 2029, reaching nearly US$ 34.86 Bn. One Stop Flexible Packaging Solutions Service Provider for stand up pouch global biodegradable packaging market covers segments, by material type (plastic, and paper), application (food, beverage, pharmaceutical, personalcare/homecare, and other applications), size, trends, CAGR, forecast up to 2026, the study also highlights the impact of drivers, restraints, and macro indicators The growth of this market can be attributed to the increasing demand for sustainable packaging solutions and growing awareness about environmental issues. The global biodegradable food packaging market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. Biodegradable food packaging market has been estimated to be valued at US$ 5,275.2 Mn by the end of 2021 and is expected to attain revenue of US$ 11,717.6 Mn by 2029, expanding at a CAGR of 11.0% during the forecast period 2021-2029. Players, stakeholders, and other participants in the global Biodegradable Food Packaging market will be able to gain the upper hand as they use the report as a powerful resource. Scope of Report At MDC Research, we offer research solutions to help businesses break the barriers of doubt or uncertainties when they plan to expand their growth. Plastic bags take 10 to 20 years to decompose completely which is a threat . The demand for the biodegradable paper packaging segment by the material is . These are excellent oil and oxygen barrier materials that can be replace paperboard and synthetic paper coatings. 5 Global Food Biodegradable Packaging Market Segment Analysis (Application Level) 5.1 Downstream Industry Demand Analysis of Food Biodegradable Packaging 5.2 Global Food Biodegradable Packaging Market Revenue and Market Share by Application (Historical) 5.2.1 Global Revenue and Growth Rate of Dairy 2016-2021 Global Biodegradable Food Packaging Market Report 2022, Market Size, Share, Growth, CAGR, Forecast, Revenue, Report Scope BASF SE., International Paper Company, Mondi . Biodegradable paper and plastic packaging market size was valued at USD 10.77 billion in 2020 and is projected to reach USD 38.51 billion by 2029, growing at a CAGR of 15.2% from 2022 to 2029. Biodegradable food packaging was once a novelty, but is now widely used and available in a multitude of standard and custom products. The Middle East and Africa Biodegradable Paper & Plastic Packaging market size was about USD 1.03 Billion in 2021. Description. New packaging materials . The MarketWatch News Department was not involved in the creation of this content. Increasing demand for healthy, safe, convenience food and growing industry & consumer awareness of eco-friendly products in the recent past in Asia Pacific, Europe, and North America has been rapidly driving the global biodegradable packaging market growth. Purpose of the Report The study is perhaps a perfect mixture of qualitative and quantitative information highlighting key market developments, challenges, and competition the industry faces alongside gap analysis and . As a result, the global food biodegradable market is driven by rise in demand for sustainable and recyclable packaging. Global Biodegradable Packaging Market is valued to reach USD 124.2 Billion by 2025, growing at CAGR of 6.8% over forecast period 2020-2026. The paper-based segment represents 31.9% of the total value and dominate as a biodegradable material. Polysaccharides extracted from biomass Polysaccharides produced by microorganisms The Biodegradable Packaging Market was valued at USD 81.70 billion in 2020, and it is expected to reach USD 118.85 billion by 2026, registering a CAGR of 6.35% during the period, 2021-2026. Unfortunately, the plastic food packaging is expected to exhibit a rapid growth globally due to superior properties and lower prices. The ecological concern is the essential factor contributing to market development. The global Biodegradable Food Packaging Market research report represents a detailed overview of the current market situation and forecast till 2029. Among the other noteworthy geographic markets are Japan and . North America Biodegradable Food Packaging Films market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. Entire Malaysia. Provider Name. Biodegradable nisin-anchored chitosan film can be used in food packaging. use and future trends of biodegradable packaging, types of biopolymers, the properties of . The food biodegradable packing market size is analyzed based on the geographic regions including Americas, Europe, APAC and Rest of the World (RoW). The market has flourished as a . The global biodegradable food packaging market report has been segmented on the basis of material, application, and region. Published Date: September 23, 2022 Biodegradable Paper and Plastic Packaging Market size value is anticipated to exceed USD 5.5 billion by 2030, as per a new research report announced by Global Market Insights Inc. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Next story Cathode Materials Market Application, Trends, Growth, Opportunities and Worldwide Forecast 2027; Previous story GPU Database Market Size, Strategies, Competitive Landscape, Trends & Factor Analysis, 2020-2028 Biodegradable food packaging market has been estimated to be valued at US$ 5,275.2 Mn by the end of 2021 and is expected to attain revenue of US$ 11,717.6 Mn by 2029, expanding at a CAGR of 11.0% during the forecast period 2021-2029. The market for biodegradable food packaging is anticipated to grow even more due to changing customer tastes and an expanding global population. in 2021 and the market size is estimated to grow at a CAGR of 6.96 %. It is expected to expand at a compound annual growth rate (CAGR) of 9.7% during the forecast period. The biodegradable food packaging market is a highly competitive market with the presence of many significant players. The global biodegradable plastic market size was estimated at USD 4.1 billion in 2021. The global biodegradable packaging market size is expected to hit around USD 812.4 billion by 2030 and is anticipated to reach a registered CAGR of 6.71% from 2022 to 2030. . The global environment-friendly food packaging market witnessed increased demand in 2020 and is anticipated to slow down in 2021. Thus, the global market for bioplastics, particularly biodegradable or eco-friendly food packaging plastics is on rising. and convenience in the products has greatly impacted the market size. Few of the key players in the biodegradable food packaging market are listed below: Amcor plc Mondi Group Smurfit Kappa Sonoco Products Company Sealed Air Corporation Elopak Winpak Ltd. Berry Global Swedbrand Groups Ball Corporation Introduction. The rapid increase in non-biodegradable food packaging waste has caused adverse environmental concerns. Global Biodegradable Food Packaging Market: This in-depth Industry Report covers detailed facts & figures to Fasten Business Research need sales@datalabforecast.com U.S. : +1-917-725-5253 This comprehensive market research report offers of an in-depth outlook on the Global Biodegradable Food Packaging Market encompassing crucial factors such as the overall size of the global biodegradable food packaging market, in both regional and country-wise terms, as well as market share values, an analysis of recent developments and potential opportunities, sales and . The global Biodegradable Paper & Plastic Packaging market report is a comprehensive analysis of the industry, market, and key players. When placed in a composting area, it contains no toxic chemicals or plastic coatings, making it totally decomposable with the help of microbes. Therefore substantial research is going on to create edible films which will eliminate packaging waste altogether. The motto of biodegradable food packaging is to reduce packaging waste. Green Eco Paradise, 20-D, First Floor, Penang Street, George Town, Malaysia - 10200, Telephone No.019-420 8275. Infiniti Research has recently announced the completion of its latest success story on market scanning and monitoring solution. Global Biodegradable Food Packaging Market by Type (Plastic, Paper, Aluminum, Steel, Others), By Application (Dairy & Beverages, Fruits, Vegetables, Meat & Related Products, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030. Polylactic acid (PLA) bacteria is a biodegradable polyester produced from l-lactic acid bacteria, obtained from the fermentation of corn starch and other polysaccharide sources. The explosion of interest in these materials is a reflection of growing consumer concern about sustainability and the environment. Global Biodegradable Food Packaging Market is estimated to be valued US$ XX.X million in 2019. According to this latest study, the 2021 growth of Biodegradable Food Packaging Films will have significant change from previous year. The biodegradable food packaging films market is estimated to grow with a moderate CAGR during the forecast period, i.e., 2021-2029. The global biodegradable food packaging market size was estimated to be US$ 3.5 billion in 2020 and is expected to reach US$ 7.5 billion by 2031 at a CAGR of 7.2%. Moreover, food packaging industries are targeting bio-plastics made of starch or PLA for their packaging material as a healthier and . The Biodegradable Packaging market in the U.S. is estimated at US$26.4 Billion in the year 2020. Industry Overview. The market is further segmented on the basis of the key countries in the region. Market Overview. 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