Edible Packaging Market is expected to achieve a noteworthy growth, surging at a CAGR of 5.1% to reach a valuation of USD 264.1 million by 2032 | States Transparency Market Research, Inc. ...
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Source: Yahoo! Finance
Wilmington, Delaware, United States, Transparency Market Research Inc. -, Sept. 09, 2024 (GLOBE NEWSWIRE) -- The global edible packaging industry ( ?? ?? ?? value was US$ 167.9 million in 2023. A CAGR of 5.1% is predicted from 2024 to 2032, resulting in US$ 264.1 million by 2032. Consumer acceptability and awareness will also determine how well edible packaging does in the future. Edible food packaging may become more popular as people become more conscious of their waste and carbon footprint, replacing hazardous plastics. Food products are often packaged in edible skins and shells, in the same way that they are wrapped in edible skins and shells found in fruits like coconuts, bananas, and apples. Traditional packaging methods are replaced by this sustainable, natural approach that eliminates the need for non-edible packaging A changing lifestyle has made consumers less likely to prepare their meals, leading to innovative and new packaging approaches like active packaging, intell
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