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Foodservice Disposable Distribution System Market Growth Analysis And Industry Outlook

01-12-2021 02:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Foodservice Disposable Distribution System Market

Foodservice Disposable Distribution System Market

Rising trend of eating outside is a major factor driving growth of the QSR market. According to Coherent Market Insights, the QSR industry is expected to exhibit a CAGR of 4.5% during the forecast period. Furthermore, geographic expansion by various food service brands in smaller cities is further supplementing the market growth. As a result of market growth of QSRs, demand for different disposable distribution systems such as plates, bowls, and glasses is also expected to increase. According to Green Peace, a non-governmental environmental organization, McDonalds used 216.33 million of disposable plastic utensils while Café de Coral used 70.45 million and KFC used 42.5 million in 2016.

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Growth of the food delivery and takeaway services is also playing a key role in driving demand for food packaging disposables. According to Coherent Market Insights, the global food delivery and takeaway services market is expected to reach over US$ 100 billion by 2020. Additionally, growing demand for online food delivery services is further expected to fuel the market growth.

Detailed Segmentation:

Global Foodservice Disposables Distribution System Market, By Product Type:
Tableware Disposables
Finger food Disposables
Durable Plastic Glasses

Global Foodservice Disposables Distribution System Market, By Distribution Channel:
Wholesale
Retail

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Key companies covered as a part of this study includes Dispo International,EFG Foodservice, First Pack, Go-Pak Group, MBS Wholesale Ltd, Party & Paper Solutions Ltd., and others.

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About Coherent Market Insights:
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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