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. Introduction. 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. and convenience in the products has greatly impacted the market size. 1. Market Overview. The global environment-friendly food packaging market witnessed increased demand in 2020 and is anticipated to slow down in 2021. 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. The global biodegradable packaging market forms around 45% of the global packaging market worth US$ 980 Bn in 2021.. MDC provides a detailed analysis of each entity that affects the ecosystem of the Biodegradable Food Packaging Market which aids in creating a constantly evolving business model. March 2017; Archiv Fr Lebensmittelhygiene 68(2):23-52; . The explosion of interest in these materials is a reflection of growing consumer concern about sustainability and the environment. The biodegradable plastic packaging market was valued at USD 2.77 billion in 2020 and expected to reach USD 8.53 billion by 2026 and grow at a CAGR of 20.7% over the forecast period (2021 - 2026). 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 Industries use the following polymers for making biodegradable packaging. The Middle East and Africa Biodegradable Paper & Plastic Packaging market size was about USD 1.03 Billion in 2021. The market for biodegradable food packaging is anticipated to grow even more due to changing customer tastes and an expanding global population. Biodegradable Paper and Plastic Packaging Market size was worth more than USD 2 billion in 2021 and is expected to grow at a CAGR of 11% through 2030. Rising adoption of biodegradable packaging in various sectors due to its low impact on environment as compared to conventional packaging and reduction in the amount of waste material produced are the . China, the world`s second largest economy, is forecast to reach a projected market size of US$22.3 Billion by the year 2027 trailing a CAGR of 4.7% over the analysis period 2020 to 2027. As food manufacturers require packaging materials to be food grade, maintain/enhance product shelf-life stability and safety and utilise nominal values of packaging, the reduction or replacement with alternative biodegradable forms would clearly allow improvement in overall operating costs while reducing waste streams. The need for biodegradable food packaging is expected to grow significantly over the following years. "Global Biodegradable Food Packaging Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028" is a recent report generated by Trusted Business Insights. Therefore substantial research is going on to create edible films which will eliminate packaging waste altogether. North America Biodegradable Food Packaging Films market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. Biodegradable nisin-anchored chitosan film can be used in food packaging. 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. From 100% biodegradable lunch boxes and plates to other kitchen necessities like garbage bags, tissues, disposable cutlers and so on, we have it all. 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 . Thus, the global market for bioplastics, particularly biodegradable or eco-friendly food packaging plastics is on rising. The market is further segmented on the basis of the key countries in the region. Plastic bags take 10 to 20 years to decompose completely which is a threat . New packaging materials . The segmental analysis focuses on revenue and forecast by . The food biodegradable packing market size is analyzed based on the geographic regions including Americas, Europe, APAC and Rest of the World (RoW). The global biodegradable food packaging market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The global Biodegradable Packaging market analysis report provides readers with in-depth information on the key segments of the Biodegradable Packaging business landscape and covers general information on market dynamics such as major revenue growth drivers & restraints, emerging opportunities & challenges, and current market trends. The global biodegradable plastic market size was estimated at USD 4.1 billion in 2021. Due to its promise as a bio-based packaging material, PLA has attracted the attention of many . 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 . Industry Overview. Home; Reports; The biodegradable food packaging market is a highly competitive market with the presence of many significant players. The Biodegradable Food Packaging Market research report provides in-depth information on market trends, market capacity, industry size, growth factors, share, innovations, competitive. Biodegradable Food Packaging Films Market Research Report is spread across 90 Pages and provides exclusive data, information, vital statistics, trends, and competitive landscape details in this . This has led to the development of polymers made from renewable resources for food packaging. This increase comes with environmental and pollution problems [ 4, 5 ]. 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. The global biodegradable packaging market is projected to gather around USD 160 billion in revenue by 2031 and to grow with a CAGR of ~6% during the forecast period. Biodegradable Food Packaging market is segmented by region (country), players, by Type, and by Application. 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 in 2021 and the market size is estimated to grow at a CAGR of 6.96 %. This increase is due to increasing environmental concerns and various government initiatives to reduce plastic waste. Unfortunately, the plastic food packaging is expected to exhibit a rapid growth globally due to superior properties and lower prices. These are excellent oil and oxygen barrier materials that can be replace paperboard and synthetic paper coatings. The rapid increase in non-biodegradable food packaging waste has caused adverse environmental concerns. The proportion of the North America is % in 2021, while. Infiniti Research has recently announced the completion of its latest success story on market scanning and monitoring solution. 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. 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 global biodegradable packaging market is anticipated to register a CAGR of 6.1% during 2022-2032. The biodegradable food packaging films market is projected to grow with a moderate CAGR during the forecast period, i.e., 2021-2029 on account of the advancement in food packaging and the rising environmental concerns. Request Covid - 19 Impact Tags: biodegradable packaging bags biodegradable packaging food biodegradable packaging material custom biodegradable packaging. BIODEGRADABLE PACKAGING IN THE FOOD INDUSTRY. Rising adaption of sustainable packaging alternatives in developing countries to push the global industry growth. 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. Description. The biodegradable packaging market is projected to grow at a compound annual growth rate of more than 5% by the end of the forecast period. The GCC biodegradable food service disposables market is expected to exhibit a CAGR of 5.1% during 2022-2027. The global Biodegradable Paper & Plastic Packaging market report is a comprehensive analysis of the industry, market, and key players. Global Biodegradable Food Packaging Market Report 2022, Market Size, Share, Growth, CAGR, Forecast, Revenue, Report Scope BASF SE., International Paper Company, Mondi . As a result, the global food biodegradable market is driven by rise in demand for sustainable and recyclable packaging. Packaging is a technology that involves enclosing and protecting various types of products for storage, distribution, sale, and use. 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. 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. 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. 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. Biodegradable packaging has the ability to degrade totally by the assistance of microorganisms present in the climate. 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.