Market Share of Edible Packaging Industry
The edible packaging market is semi-consolidated due to limited market players. The key players operating in the market include Nagase America LLC (Nagase & Co. Ltd), Evoware (PT. Evogaia Karya Indonesia), Notpla Limited, Tipa Corp Ltd, TSUKIOKA FILM PHARMA CO. LTD, Devro PLC (Saria Nederland BV), and JRF Technology LLC, among others. The players focus on expanding their market share and investing in research and development (R&D) to develop innovative products.
• July 2023 - Notpla Limited expanded its presence in Europe by scaling up the availability of seaweed-based coated boards and launching into the Benelux region. The availability of seaweed-based coated boards would gain traction among environmentally-conscious businesses.
• May 2023 - Nagase America LLC announced the formation of its Emerging Technologies Team that will focus on exploring and de-risk new business opportunities with high potential and drive the exploratory phase of product development. The formation of a new team will help the company Deliver the Next technology, products, and services in the Americas and drive the business's transformation.
Edible Packaging Market Leaders
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Tipa Corp Ltd.
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Nagase America LLC (Nagase & Co., Ltd.)
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Evoware (PT. Evogaia Karya Indonesia)
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Notpla Limited
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TSUKIOKA FILM PHARMA CO., LTD.
*Disclaimer: Major Players sorted in no particular order
