Global Vegetable Parchment Paper Market Is Estimated To Witness High Growth Owing To Increasing Demand for Sustainable Packaging Solutions and Growing Consciousness about Health and Natural Products
Vegetable Parchment Paper Market The global Vegetable Parchment Paper market is estimated to be valued at US$ 732.2 million in 2022 and is expected to exhibit a CAGR of 901.1% over the forecast period 2023-2029, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Vegetable parchment paper is a type of paper that is treated with sulfuric acid to make it resistant to moisture, grease, and heat. It is widely used in the food industry for packaging and cooking purposes, providing a non-stick surface and preserving the freshness of the food. Vegetable parchment paper is also gaining popularity in other industries such as cosmetics and pharmaceuticals due to its sustainability and natural properties. Its ability to biodegrade without leaving any harmful residue makes it an ideal choice for eco-friendly packaging solutions. B) Market Dynamics: 1. Growing Demand for Sustainable Packaging Solutions: With increasing awareness about environmental issues