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Foodservice Disposable Distribution System Market Detailed Analysis & Focusing on Key Leaders are Dispo International, EFG Foodservice, First Pack, Go-Pak Group, and MBS Wholesale Ltd.

01-14-2019 02:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Foodservice Disposable Distribution System

Foodservice Disposable Distribution System

Rising demand for fast food is one of the major factors driving growth of the food service disposable distribution systems market. High demand for fast food is majorly attributed to rising working population, especially in the emerging economies such as India, China and Japan among others.

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The country has relatively high young population, which rely on food services due to busy schedule and lack of enough time to cook traditional meals. Therefore, such factors are propelling demand for fast food, in turn driving growth of the foodservice disposable distribution systems market in the region.

North America dominated the global foodservice disposable distribution systems market in 2016, recording revenue of US$ 18.8 Bn and the same is expected to reach US$ 26.5 Bn by the end of 2025, maintaining annual growth of 3.48% during the forecast period from 2018 to 2025. The U.S. is the growth engine in the regional market.

Asia Pacific, however, is expected to record the fastest growth throughout the forecast period, maintaining annual growth of 4.73%. The fast food industry in emerging economies in Asia Pacific such as India is gaining significant traction, thereby pushing the demand for foodservice disposable distribution systems market. Burger King, the world’s second-largest burger chain, made its entry in India in 2014, boosting the fast food market in the country.

Some of the key players operating in the foodservice disposable distribution systems market include Dispo International, EFG Foodservice, First Pack, Go-Pak Group, and MBS Wholesale Ltd. among others.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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