Edible Paper Market Scope
Edible paper is a product that is popular among both home bakers and professional dessert decorators. Edible paper is a type of paper that is constructed primarily of sugars and starches and is therefore perfectly safe to eat. It's used in conjunction with edible ink and an edible ink printer to create bespoke graphics and edible cake toppers. Normally, wafer paper is flavorless. Some companies may flavor the paper with a little vanilla taste. It melts in the mouth. Generally, edible paper lasts about 10 days. Europe is the largest market for edible paper followed by North America due to the high consumption of desserts and cakes.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Largest Market | Europe |
Unit | Value (USD Million) |
Key Companies Profiled | Cargill (United States), Oasis Supply (United States), Wilton (United States), IcingInks (United States), Inkedibles (United States), Sweet and Magical Icing Sheets (United States), Kokkooblate Co. Ltd (Japan), Primus Wafer Paper B.V. (Netherlands), Kopyform GmbH (Germany) and Fancy Flours, Inc. (United States) |
CAGR | % |
Competition among existing players is due to the stiff market share occupied by leading players. The companies are implementing strategic activities such as acquisition and mergers along with collaboration with companies in other industries to help them in improving sustenance and maintaining their competitive advantages. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Edible Paper market throughout the predicted period.
Cargill (United States), Oasis Supply (United States), Wilton (United States), IcingInks (United States), Inkedibles (United States), Sweet and Magical Icing Sheets (United States), Kokkooblate Co. Ltd (Japan), Primus Wafer Paper B.V. (Netherlands), Kopyform GmbH (Germany) and Fancy Flours, Inc. (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Edible Paper market by Type , by Application (Households, Bakers, Hotels, Restaurants and Other Kitchens) and Region with country level break-up.
On the basis of geography, the market of Edible Paper has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
On 5th May 2021, Cargill announced the acquisition of Leman Decoration Group, a leading supplier of cake decorations across the bakery sector, including the artisanal, small industrial, and home-baking segments, and foodservice. According to Cargill, this acquisition significantly broadens Cargill’s offerings in the decorations space, enabling the company’s cocoa and chocolate business to better serve gourmet customers in Europe and around the world.
In September 2023, Solubia, a UK-based edible paper company, announced a strategic partnership with Nature's Print, a leading sustainable packaging manufacturer. This collaboration aims to integrate edible paper technology into food packaging, reducing plastic waste.
According to European Parliament and of the Council, “In determining whether any food is injurious to health, regard shall be had: (a) not only to the probable immediate and/or short-term and/or long-term effects of that food on the health of a person consuming it but also on subsequent generations; (b) to the probable cumulative toxic effects; (c) to the particular health sensitivities of a specific category of consumers where the food is intended for that category of consumers.”
Influencing Trend:
Introduction Of Flavoured Edible Paper
Market Growth Drivers:
Growing Consumption of Desserts and Need To Decorate Cakes to Increase Its Attractiveness
Challenges:
Lack Of Awareness About the Edible Paper Among Household Users and Covid-19 Had Negative Impact on The Demand of Edible Paper
Restraints:
High Sugar Content in The Edible Paper Might Not Suit Diabetic Audience
Opportunities:
Adoption On Edible Paper on Increasing Items Like Ice-Cream, Candy Melts and Other Things Will Increase Its Demand and Increasing Consumption of Desserts Among Young Population Will Boost the Demand of Edible Paper
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Edible Paper Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others