Vegetable Parchment Paper Market Growth Accelerated by Sustainable Packaging Solutions
Vegetable parchment paper is made from renewable resources like sugarcane bagasse and wood pulp. It helps to extend shelf life of bakery and other food products due to its moisture resistant properties. Vegetable parchment paper is also recyclable and compostable, making it an environmentally sustainable packaging solution. The global Vegetable Parchment Paper Market is estimated to be valued at US$ 1.33 Bn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand for sustainable packaging from food processing and bakery industries is a key market trend that is driving the growth of vegetable parchment paper market . Vegetable parchment made from sugarcane bagasse and wood pulp offers a viable alternative to plastic films and aluminum foils used for food packaging. It protects foods from moisture and helps extend their shelf life without u...