Edible Water Bottles Market Scope
Promoting environmental awareness and also the economic prospects behind solutions like recycling has become one of the most important challenges of the twenty-first century. Edible water bottles assist to alleviate the problem of plastic bottles because they are both edible and biodegradable when discarded. They also add value to people's lives by increasing utility; athletes, trekkers, hikers, mountain climbers, sailors, air passengers, and astronauts can carry this Edible Water bottle with them because it quenches their thirst while also providing nutrition, while also reducing the size of their backpack or storage. Sodium alginate (typically obtained from seaweed) and calcium chloride are used to make the edible bottles. Which are safe and are actively in use in the food business.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Nomaco Inc. (United States), Skipping Rocks Lab Limited (United Kingdom), Notpla Limited (United Kingdom), Selfridges (United Kingdom), Yewllow (United States), Ooho (United Kingdom), Evoware (United States), AquaLeap (United States), eAqua (India) and Lick (Australia) |
CAGR | % |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Edible Water Bottles market throughout the predicted period.
Nomaco Inc. (United States), Skipping Rocks Lab Limited (United Kingdom), Notpla Limited (United Kingdom), Selfridges (United Kingdom), Yewllow (United States), Ooho (United Kingdom), Evoware (United States), AquaLeap (United States), eAqua (India) and Lick (Australia) 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 Water Bottles market by Type and Region with country level break-up.
On the basis of geography, the market of Edible Water Bottles 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In April 2023, Ooho!, a UK-based edible water bubble company, partnered with Skipping Rocks Lab, a Swiss food innovation firm, to develop a new type of edible seaweed-based water bottle. While not a merger, this partnership represents collaboration in the space.
In November 2023, Chilean food-tech company NotCo, known for its plant-based alternatives, announced a partnership with JUST Egg to explore the development of edible water bottles made from chickpea flour.
Influencing Trend:
Demand for Sustainable and Biodegradable Solutions
Market Growth Drivers:
Rising Health Care Awareness and Growth in Tourism Industry
Challenges:
High Initial Investment and Skewed Player Distribution
Restraints:
Presence of Counterfeit Products and Lack of Trained Professionals
Opportunities:
Regulations Promoting Use of Sustainable Packaging
Key Target Audience
Edible Water Bottle Manufactures, New Entrants and Investors, Edible Water Bottle Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others