Edible Packaging Market Growing At USD 1.1 Billion By 2025: Grand View Research Inc.
San Francisco, 13 December 2019: The Report Edible Packaging Market Size, Share & Trends Analysis Report By Material (Protein, Polysaccharides, Lipid), By End Use (Food & Beverages, Pharmaceuticals), By Region, And Segment Forecasts, 2019 – 2025 The global edible packaging market size is projected to reach USD 1.1 billion by 2025, exhibiting a CAGR of 6.2% over the forecast period, according to a new report by Grand View Research, Inc. Growing innovation in food packaging coupled with rising concerns over the excessive use of plastics is among the key factors driving the growth of the global market. The primary advantage of edible packaging over traditional synthetic polymers is that it can be consumed along with the packaged products. In addition, even if the package is not consumed along with the product, it gets degraded more readily than polymeric materials as it is extracted from biomass material, which is biodegradable. Furthermore, the product has the p