Global Portion Cups Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Portion Cups Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global portion cups market report has been segmented on the basis of material type, capacity, application, end user, distribution channel, and region.
Global Portion Cups Market: Overview
Portion cups are medium sized containers which are used for storage and packaging of various foodstuff. It is usually made up of materials such as aluminum, plastics, aluminum foil, and others
Global Portion Cups Market: Dynamics
The rapid growth of the food and beverages industry along with a growing number of foodservice outlets all across the globe are some major factor estimated to drive growth of the global market. In addition, the availability of these cups in various storage capacities and materials is another factor expected to augment the target market growth. Moreover, increasing awareness of cross-cultural cuisines and the growing popularity of fast food among the youth population are some additional factors anticipated to augment growth of the target market over the forecast period.
However, stringent regulations of government authorities and regulatory bodies regarding usage of plastics may hamper growth of the target market to a certain extent.
Global Portion Cups Market: Segmental Analysis
Among the material type segments, the plastic sub-segment bioplastics are expected to register substantial growth, owing to increasing demand for biodegradable and eco-friendly packaging solution among manufacturers.
Growing consumption of international cuisines is anticipated to propel growth of the sauces and dressings or toppings segments among the application segments.
Among the end user segments, the food service outlets segment is anticipated to register substantial growth, owing to the increasing number of food service providers coupled with the growing consumption of fast food among the young populace.
Among the distribution channel segments, the retailer's segment is projected to account significant revenue shares in the global market.
Global Portion Cups Market: Regional Analysis
The market in the Asia Pacific dominates global portion cups market and is projected to register significant growth in terms of revenue over the forecast period. A strong base of population, rapid urbanization, industrialization, economic growth, along with rapidly growing food and beverage sector are some of the major factors expected to fuel growth of the portion cups market in countries such as China and India in the region. Moreover, increasing consumption of salads, dressings and condiments and adoption of western food culture are some factors expected to support the revenue growth of the target market in this region. Furthermore, a growing number of hotels, restaurants, and food retail chains in emerging countries is a key factor projected to augment growth of the target market.
North America portion cups market is estimated to register considerable growth, due to increasing consumption of ready-to-eat food items including bakery items, dairy products. Moreover, an increasing number of the working population and increasing spending power are some of the major factors anticipated to support the revenue growth of the target market in this region.
Global Portion Cups Market Segmentation:
Segmentation by Material Type:
- Aluminum Foil
- Others (Bioplastics, Polyamide, Polyethylene terephthalate)
Segmentation by Capacity:
- Up to 1 Oz
- 1 to 4 Oz
- 4 to 6 Oz
- Above 6 Oz
Segmentation by Application:
- Dressings or Toppings
- Bakery and Confectionary
- Dairy Products
- Others (Hummus, Ice Creams)
Segmentation by End User:
- Food Service Outlets
Segmentation by Distribution Channel:
- Direct Sales
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Sonoco Products Company
- Huhtamaki Oyj
- Berry Global Inc.
- Dart Container Corporation
- Genpak LLC
- Pactiv LLC
- Georgia-Pacific Corp.
- Winpak Ltd.
- Amhil Enterprises Ltd.
- Fabri-Kal Corporation
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