The world is now moving towards a more sustainable and eco-friendly approach to packaging, with a rising understanding of biodegradable materials and edible alternatives. Edible packaging is a convenient and innovative option for reducing waste and enhancing sustainability.

Market Outlook

• Market Size (2024): USD 2.07 billion
• Projected Market Size (2034): USD 6.85 billion
• CAGR (2024-2034): 14.2%

The Market Drivers

• Sustainability: Cuts plastic waste
• Innovation: Better taste, strength, and safety
• Awareness: Growing demand for eco-friendly options

Challenges

• Regulatory Approvals: Stringent food safety regulations
• Shelf Life Concerns: Stability and preservation challenges

Start-ups Paving the Way

• Evoware: Offers biodegradable, edible seaweed-based packaging
• Saveggy: Launching plant-based edible coating for produce
• SaveCucumber: First product with an invisible oat and rapeseed oil layer

Future Impact

Edible packaging is rapidly shaping the future of sustainable packaging.

How Can Effectual Help?

• Technology & Business Landscape
• Innovation Scouting & Opportunity Assessment
• IP Research & Competitive Intelligence
• R & D Support, Portfolio & white space analysis