Global Food Service Disposable Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Food Service Disposable Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global foodservice disposable market report has been segmented on the basis of product type, material, sales channel, end users, and region.
Global Food Service Disposable Market: Overview
Foodservice disposables are types of food containers or utility items such as spoons, bowls, etc. that can be recycled after usage or can be disposed of as waste.
Global Food Service Disposable Market: Dynamics
An increasing number of foodservice outlets and restaurants globally is one of the major factor expected to drive growth of the global foodservice disposable market. In addition, increasing consumption of food which can be attributed to growing population across the globe, which is a factor anticipated to fuel the demand for foodservice disposables. Growing demand for eco-friendly and recyclable materials among food service disposable manufacturers is creating lucrative opportunities for growth of the target market. Furthermore, stringent regulations of food inspection authorities regarding maintaining hygiene and cleanliness at commercial food places is fueling the demand for disposable cups, plates, etc. This is another factor expected to support revenue growth of the target market. A growing number of takeaway food service restaurants, catering service providers and online food ordering channels anticipated to create huge demand for these disposables and propelling growth of the global market.
The key trend observed in the global market is growing popularity of edible plates and other edible foodservice disposables.
However, stringent compliances of government authorities regarding the usage of plastic material due to environmental concerns is a major factor expected to hamper the global market growth over the forecast period.
Global Food Service Disposable Market: Segmental Analysis
Among the product type segments, the plates segment is projected to account for significant revenue shares of the global market. This can be attributed to growing demand for plates among hotels and restaurants.
Among the material segments, the plastics segment is expected to register significant growth, which is attributed to its various benefits offered by it including durability, cost-effectiveness, etc.
Among the sales channel segments, the supermarket/hypermarket segment is anticipated to register substantial growth, owing to the easy availability of the product at a competitive price and multiple varieties.
Among the end user segments, the restaurants & hotels segment is projected to contribute for significant shares of the global market, in terms of revenue, owing to increasing utilization of food service disposables.
Global Food Service Disposable Market: Regional Analysis
Asia Pacific is projected to contribute significant revenue shares of the food service disposables market. This can be attributed to the rapid growth of the food and beverages industry. In addition, increasing number of food retails chains, hotels, and restaurants in developing countries such as India and China is a factor expected to support the revenue growth of the target market in the region. Foodservice disposables market in North America market is projected to register substantial growth over the forecast period. This is attributed to high awareness regarding food hygiene and the strong presence of the hospitality industry. In addition, growing consumption of on-the-go food among the working population is supporting the revenue growth of the target market in the region.
Global Food Service Disposable Market Segmentation:
Segmentation by Product Type:
- Cups and Glasses
- Tray and Containers
Segmentation by Material:
Segmentation by Sales Channel:
- Departmental Store
- Online Store
Segmentation by End User:
- Restaurants & Hotels
- Retail Outlets
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Georgia Pacific LLC
- Gold Plast SpA
- Dopla S.p.A
- Pactiv LLC
- Dart Container Corporation
- Anchor Packaging Inc.
- New Wincup Holdings, Inc.
- D&W Fine Pack LLC
- Biopac India Corporation Ltd.
- Gold Plast S.p.A
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