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Edible packaging market expected to grow

Market study predicts development of the edible packaging market at compounded annual rate of 6.8%; expected to be worth over $1 billion by 2023

In an article published on January 23, 2019 by news provider Confectionary News, reporter Swati Tamhankar writes about how the environmental issues associated with plastic packaging are increasing the development of edible packaging. According to a report cited in the article, “the edible packaging market garnered $697m in 2016 and is expected to accrue a sum of $1,097m by 2023, growing at a CAGR [(compound annual growth rate)] of 6.81% from 2017 to 2023.”

The article goes on to provide examples of recent edible packaging product launches, including edible water bottles by the UK department store Selfridges, flavored edible straws released by Diageo, and, while not edible, an 80% raw plant-based packaging for a chocolate milk drink produced by Dutch dairy cooperative FrieslandCampina.

Earlier developments in the field have included edible six-pack rings created from beer-brewing by-products (FPF reported) and an edible packaging film made from the milk protein casein (FPF reported).

Read more

Swati Tamhankar  (January 23, 2019). “Edible packaging: what’s in it for consumers and the food and drink industry?Confectionary News

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