Major Players - Vegetable Parchment Paper Industry

Jul, 2023 - by CMI

Major Players - Vegetable Parchment Paper Industry

 

Vegetable Parchment Papers are commonly used for baking, roasting, reheating, and wrapping food due to their resistance to moisture and grease. Vegetable parchment paper is available in rolls, sheets, and precut rounds. Vegetable parchment paper is useful because it makes it easy to transfer food from a pan to a cooling rack and clean up afterwards. Vegetable parchment paper is typically made from unbleached, chlorine-free grease-resistant paper with good density and non-sticky characteristics. Bakeries, restaurants, caterers, and private persons regularly utilize vegetable parchment papers because they meet all legal criteria, including FDA certifications.

While not as robust as regular parchment, vegetable parchment is nevertheless able to withstand the effects of outside forces, particularly moisture. It can also be boiled or submerged in liquid for days without losing any of its original characteristics. Vegetable parchment paper is a fantastic choice for food packing and baking since, unlike parchment, it does not contain nitrogen, making it far more resistant to insect attacks. This represents a significant aspect that is anticipated to propel market growth for vegetable parchment paper globally. Vegetable parchment paper also exhibits qualities like low air permeability and strong chemical resistance, which is driving up demand for it among food makers and driving up the growth of the vegetable parchment paper market globally. Foil and baking sheets is just a couple of the substitutes for vegetable parchment paper that are readily available, which poses a barrier to the market's expansion.

From 2010 to 2015, the global bakery market expanded by 26.0%, and from 2015 to 2020, it is anticipated to grow at a CAGR of 1.8%.

Leading Companies  in the Vegetable Parchment Paper Industry:

1.     Reynolds Consumer Products Inc.

Reynolds Consumer Products Inc.  was a New Zealand based packaging company. It was founded in 1919 and headquartered in
Illinois, the US
.  The company operates manufacturing facilities in the US and Canada.

2.     Paterson Pacific Parchment Company

Paterson Pacific Parchment Company was founded in 1923 and headquartered in Nevada United States. It operates in. Paterson Pacific Parchment Company, a leading manufacturer of foodservice paper and parchment goods, was acquired by Hoffmaster Group, Inc., a large U.S. manufacturer of high-quality disposable dinnerware, in February 2023. Hoffmaster will take over operations for Paterson as part of its family of manufacturing sites.

3.     AMOL Group

AMOL Group was founded in 1997 and headquartered in Mumbai, India.. Amol group have manufacturing units in India, USA and China along with sales and marketing set up in California, Georgia, New Jersey, New Delhi and Mumbai.

4.     JK Paper

JK Paper was founded in 1938 and headquartered in Delhi, India. It operates in over 60 countries. JK Paper aims to invest 1,500 crore (USD 330 million) over two years in July 2023 to increase its yearly paper capacity from 4,000 tonnes to 50,000 tonnes. Additionally, the company will build a 2,000 tonne pulp mill and increase captive power generation from 35 MW to 55 MW. With this increased capacity, JK Paper hopes to maintain its position as the industry leader in branded paper and office paper. 

5.     Black Label Paper Company

Black Label Paper Company was founded in and headquartered in California, United States.

6.     Nordic Paper

Nordic Paper is a Norwegian industrial company, founded in 2001 and headquartered in Säffle, Sweden. It operates in Norway and Sweden. Nordic Paper's mill at Säffe, Sweden, has significantly improved its environmental performance as of May 2023. The restructuring work done last year is mostly to blame for the improvement. When compared to the first quarter of last year, the plant's emissions of compounds that deplete the oxygen in water have declined by more than 90%, and its use of fossil fuels has decreased by nearly 70%.

7.     Tesco

Tesco is a British multinational groceries and general merchandise retailer, was founded in 1919 and headquartered in England, UK. It operates in 12 countries.

*Definition: Vegetable parchment paper, which resembles parchment and is extremely grease- and water-resistant, is frequently used as a food wrapper. It is also known as parchment paper and is created by putting unsized paper in sulfuric acid to gelatinize the surface before washing and drying it.

 

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