Leading market players are investing heavily in research and development in order to expand their product lines, which will help the edible packaging market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, edible packaging industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the edible packaging industry to benefit clients and increase the market sector. In recent years, the edible packaging industry has offered some of the most significant advantages to market. Major players in the edible packaging market attempting to increase market demand by investing in research and development operations include WikiCell Designs Inc. (U.S.), Nagase & Co.
Ltd. (Japan), JRF Technology LLC (U.S.), Tipa Corp (Israel), Interpack (U.S.), Pace International LLC (U.S.), Ingredion Inc (U.S.), Safetraces Inc. (U.S.), Dupont de Nemours and Company (U.S.), Tate & Lyle Plc. (U.K), Coveris Holdings (U.S.), MonoSol LLC (U.S.), Evoware (Indonesia), Watson Inc. (U.S.) and Devro plc (U.K).
Pace International is a leader in sustainable postharvest innovations that maximize the freshness and value of fresh horticulture products while reducing food waste and environmental impact. Pace offers a full range of eco-friendly fruit care products for use in the packing line and storage, including fruit cleaners, water sanitizers, fruit rot prevention, fruit coatings, anti-oxidants and ethylene management. Pace has a significant presence in the Americas and has distribution. The innovative products and formulations, state-of-the-art application tools, and committed technical customer support that Pace offers make it a leader in the industry.
The company Tate & Lyle PLC (Tate & Lyle) sells ingredients and solutions for the food & beverage industries. The company's product line includes fiber enrichments, texturants, and sweeteners. Additionally, it offers starches, corn syrup, dextrose, glucose, sucralose, crystalline fructose, sweeteners, and animal feeds. The brand names Purefruit, Krystar, Tasteva, Amydex, Maltosweet, Star-Dri, Neto, Fructopure, Mira-Cap, Mira-Mist, Mira-Sperse, and Resistamyl are used by Tate & Lyle to promote its products.
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