Foodservice disposables include plates, bowls, cups, trays, cutlery, straws and containers used for various foodservice purposes including take away foods, in-flight meals, home delivery and more. These disposable products provide an affordable, hygienic, portable and disposable solution for various F&B needs. The growing trend of on-the-go eating and packaged meals has significantly boosted the demand for foodservice disposables over the years.
The Global Foodservice Disposables Market is estimated to be valued at US$ 31.48 Bn in 2024 and is expected to exhibit a CAGR of 6.4% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Foodservice Disposables are Dart Container Corporation, Georgia-Pacific LLC, Anchor Packaging Inc., DW Fine Pack LLC, Gold Plast SpA, Berry Plastics Group, Inc., DOpla S.p.A., Huhtamäki Oyj, New WinCup Holdings, Inc., andPactiv LLC.
The key opportunities in the Foodservice Disposables Market Size include developing sustainable and eco-friendly disposable products, expanding into developing regions through partnerships and acquisitions and focus on product innovation for specific foodservice needs.
With growing demand for takeaway food and global expansion of various food chains, the market for foodservice disposables is expected to witness significant growth globally. Major players are focusing on global expansion plans through partnerships, acquisitions and newplantsetups in high growth regions.
Market Drivers
The increased demand for on-the-go food consumption is one of the major drivers boosting the foodservice disposables market. Changing lifestyles and lack of time for home-cooked meals have increased the demand for takeaway foods, ready-to-eat meals and other on-the-go food options. This has significantly driven the need for suitable disposable packaging solutions such as cups, plates, bowls and cutlery among foodservice providers.
PEST Analysis
Political: Foodservice disposable regulations are becoming more stringent to reduce environmental impact. Many countries and local governments banning specific non-degradable or non-recyclable products.
Economic: Rising food consumption outside home due to increasing disposable income and dual-income families is driving the foodservice disposables market. However, high raw material costs can hinder market growth.
Social: Growing health and environmental concerns are shifting consumer preference towards biodegradable and recyclable foodservice products. Demand for disposables made from renewable resources is on the rise.
Technological: Manufacturers are investing in new production technologies to develop innovative and sustainable foodservice disposables made from plant-based or recycled materials. Suppliers focus on utilizing waste management systems to recover and recycle used products.
Geographical concentration
The foodservice disposables market in North America and Europe together held around 55% of the global market share in terms of value in 2024 due to high usage of outside food consumption.Asia Pacific is also a major regional market supported by rapidly growing food industries and foodservice sectors in populous countries like China and India.
Fastest growing region
Asia Pacific region is projected to be the fastest growing regional market for foodservice disposables during the forecast period. Growing middle-class population, improving standards of living, increasing number of quick service restaurants, cafes, and hotels are expected to drive high demand for disposable food containers, cutleries, and cups in Asia Pacific countries. China, India and other developing nations will fuel the regional market expansion.
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About Author:
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
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