What Has Been the Progress and Growth of the Vegetable Parchment Paper Market in Recent Years?
The vegetable parchment paper market has seen considerable growth due to a variety of factors.
• The vegetable parchment paper market has experienced solid growth in recent years. It will grow from $1.28 billion in 2024 to $1.36 billion in 2025, at a CAGR of 6.1%.
The growth is due to a rising preference for vegetable parchment paper in food packaging, the high growth of the processed food industry, increased environmental consciousness, and the growing demand for sustainable, high-quality parchment paper from the food industry.
What Can Be Expected from the Vegetable Parchment Paper Market Size?
The vegetable parchment paper market is expected to maintain its strong growth trajectory in upcoming years.
• The vegetable parchment paper market is expected to grow to $1.71 billion by 2029 with a CAGR of 5.8%.
Growth is attributed to the food packaging industry's expansion, rising disposable incomes, and growing awareness of health concerns and plastic pollution. Trends include demand for recyclable materials, technological innovations, and a shift towards toxin-free products.
What Are the Critical Driver Fuelling The Vegetable Parchment Paper Market's Growth?
The growth of the vegetable parchment paper market is anticipated to be fueled by the escalating demand from the food industry. Comprising a myriad of farmers and businesses, the food industry caters to the global food consumption needs. The current incline in demand stems from the swell in population and evolving consumer preferences for convenience and a wider range of dietary choices. Vegetable parchment paper, vital for efficient food preparation, maintaining cooking consistency, ensuring food safety, and promoting environmental sustainability, has become an indispensable tool in the food industry. Take for example the data from the United States Department of Agriculture, a governmental entity in the U.S., which stated that overall food expenditure in the U.S escalated by 11.4% in 2021 and by 3.4% in 2022, owing to expenses related to eating out, which grew by 19% in 2021 and by 8% in 2022. Accordingly, the mounting demand from the food industry has been propelling the vegetable parchment paper market's growth. The surge in awareness of health concerns is considered another key driver of the vegetable parchment paper market. Referring to potential threats to physical or mental health due to exposure to risk factors or lifestyle choices, these concerns can potentially impact a person's life quality. This growing awareness has been facilitated by digital media, public health campaigns, and the emphasis by healthcare organizations on preventative care. The augmented awareness is propelling the demand for vegetable parchment paper, with consumers gravitating towards environmentally friendly and non-toxic alternatives, considered safer and more sustainable than traditional parchment paper. For example, the International Food Information Council, an American non-profit entity, reported in May 2022 that 52% of Americans had followed a specific diet or eating pattern in the past year, a significant increase from 39% in the previous year. Hence, the escalating awareness of health concerns is contributing to the growth of the vegetable parchment paper market.
How Is The Vegetable Parchment Paper Market segmented?
The vegetable parchment paper market covered in this report is segmented –
1) By Product Type: Bleached, Natural, Resin Treated, Other Product Types
2) By Classification: Plain Vegetable Parchment, Siliconized Genuine Vegetable Parchment
3) By Distribution Channel: Hypermarkets, Supermarkets, Specialty Stores, Online Stores, Other Distribution Channels
4) By Application: Food, Paper Industry, Other Applications
Subsegments:
1) By Bleached: Fully Bleached Vegetable Parchment Paper, Semi-Bleached Vegetable Parchment Paper
2) By Natural: Unbleached Vegetable Parchment Paper, Eco-friendly Natural Vegetable Parchment Paper
3) By Resin Treated: Silicone Resin Treated Vegetable Parchment Paper, Wax Resin Treated Vegetable Parchment Paper
4) By Other Product Types: Colored Vegetable Parchment Paper, Uncoated Vegetable Parchment Paper
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Who Are the Key Players In The Vegetable Parchment Paper Market?
Major companies operating in the vegetable parchment paper market are:
• Tesco Plc
• Westrock Company
• Nippon Paper Industries Co. Ltd.
• Reynolds Consumer Products Inc.
• Ahlstrom Oyj
• Schweitzer-Mauduit International Inc.
• Antalis International
• JK Paper Ltd.
• Delfort Group AG
• Metsä Tissue
• Seaman Paper Company
• Nordic Paper GmbH
• Pudumjee Paper Products Ltd.
• Paterson Pacific Parchment Company
• The Griff Network
• KRPA Holding CZ a.s.
• GrupASA
• Expera Specialty Solutions
• Scan Holdings Private Limited
• Amol Paper Mills Pvt Ltd
• Black Label Paper Company
• Royal Paper Products Inc.
• Laufenberg GmbH
• Cheever Specialty Paper And Film
What Is The Most Dominant Region In The Vegetable Parchment Paper Market?
North America was the largest region in the vegetable parchment paper market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vegetable parchment paper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
