openPR Logo
Press release

Now Available - Worldwide Compostable Foodservice Packaging Market Report 2017-2027

03-12-2018 11:34 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Now Available - Worldwide Compostable Foodservice Packaging

Packaging is utilized as a part of an extensive range of industries across food and beverage, healthcare, beauty care and personal care. Packaging systems have emerged as a fundamental requirement across these industries wherein its utilization is growing comprehensively in accordance with the worldwide economy. With increasing cognizance among the consumers for packaged food and environmental concerns gaining momentum all over the world, there has been an increased demand for compostable as well as safe foodservice packaging products. Such favorable factors has led to a boom in the compostable foodservice packaging market. Compostable food service packaging differs slightly from the biodegradable food service packaging in terms of the end product which is generated from their decomposition. In addition to that, compostable foodservice packaging is also supposed to increase the food scrap diversion as well as reduce the food contamination. They are intended for single use after which they are recycled. Food and beverage packaging have more than 50% share in the global packaging industry which in turn will boost the compostable foodservice packaging market all over the world. Compostable foodservice packaging market is a small segment of the global packaging industry which is in its growing phase and is expected to rise steadily over the forecasted growth period.

Compostable Foodservice Packaging: Market Dynamics

A high growth rate is expected for the compostable foodservice packaging market owing to an increasing concern among the consumers for more environmentally safe choices for food packaging. Changing lifestyle of individuals is also a factor which is fuelling the compostable food service packaging market. Along with it, the declining accessibility of fossil fuels is likewise driving the market. The popularity of packaged food is also a key driver for the compostable food packaging market. Cost is rather an inhibiting component for the compostable food service packaging market as the products are priced higher. Restricted supply of the raw materials utilized is also restraining the growth of this market.

Request Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-3210

Further technological advancement in the packaging market will support developments in the compostable food packaging market in term of packaging products with innovative designs. A key trend of this market is the novel packaging design formulations for sustainable packaging to have a competitive edge over others. The increasing demand of packaged food products and increasing food scrap diversion is likely to create an opportunity for the compostable foodservice packaging market.

Compostable Foodservice Packaging: Market Segmentation

The compostable foodservice packaging market is segmented on the basis of raw material used, the product type, end use, packaging type and geography. On the basis of raw material used, the market can be segmented into paper and cardboard, mixture of polymers and starch/cellulose, bionanocomposites such as polylactic acid and polyhydroxybutyrate. On the basis of product type, the compostable food service market can be segmented into utility trays, food trays, bowls and cups, and plates. On the basis of end use, the compostable foodservice packaging market can be segmented into restaurants such as limited service restaurants, full service restaurants, bars and confectioneries.

Compostable Foodservice Packaging: Regional Outlook

Geographically, the compostable foodservice packaging market has been segmented into North America, Latin America, Asia Pacific (APAC), Europe and Middle East and Africa (MEA). North America stands out as the largest market for compostable foodservice packaging industry due to a large consumer base for packaged foods followed by Europe. Asia-Pacific is expected to grow at the highest rate over the forecast period owing to a large population as well rising awareness among the consumers.

Visit For TOC@ https://www.futuremarketinsights.com/toc/rep-gb-3210

The key players in this sector are Eco Products Inc. (USA), Biosphere Industries LLC (U.S.), International Paper Company (U.S.), Cereplast Inc. (U.S.), BioBag Canada Inc., and Penley Corporation (U.S.).

About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

Contact Us:
Future Market Insights
616 Corporate Way,
Suite 2-9018,
Valley Cottage,
New York 10989,
United States
Tel: +1-347-918-3531
Fax: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Now Available - Worldwide Compostable Foodservice Packaging Market Report 2017-2027 here

News-ID: 974472 • Views: 412

More Releases from Future Market Insights

Future Market Insights Appoints Aditi Basu as Chief Marketing Officer
DUBAI, UAE, October 5, 2021 -- Future Market Insights (FMI), an award-winning market research & consulting firm, announces the appointment of Mrs. Aditi Basu as Chief Marketing Officer (CMO). Aditi will be responsible for leading the marketing strategy for MarketNgage, the revolutionary intelligence engine of Future Market Insights, purpose-built for disparate market research needs of today’s businesses. Aditi has over fifteen years of experience in corporate strategy and go-to-market advisory. She
Ferrovanadium Market to Witness Robust Expansion throughout the Forecast 2018-20 …
Future Market Insights (FMI) analyses the global ferrovanadium market in its new publication titled “Ferrovanadium Market: Global Industry Analysis (2013 – 2017) & Opportunity Assessment (2018 – 2028)”. This study provides data for 2017 along with the forecast for the period (2018–2028). The main objective of the report is to identify the dynamics of the market and provide recent updates and insights pertaining to various segments of the global ferrovanadium
Automotive Lighting Market is expected to grow at a CAGR of ~6% during the forec …
In a recent publication, Future Market Insights (FMI) provides a perspective on the growth trajectory of automotive lighting market for the period between 2019 and 2029. According to the study, worldwide sales of automotive lighting reached ~2 billion units, equating a value of ~US$ 36.5 billion in 2018. Gains remain driven by growing popularity of luxury cars and high purchasing power of middle class demographic in developing countries that increased the
Motorcycle Suspension System Market Size, Share, Industry Analysis, Future Growt …
Future Market Insights has released a new market study on "Motorcycle Suspension System Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028", which studies the global Motorcycle Suspension System market and offers deep dive analysis for the next ten years. The report evaluates all the key macro-economic factors projected to support the growth of the global as well as regional markets. The report on Motorcycle Suspension System also presents the

All 5 Releases


More Releases for Packaging

Packaging Robots : Robots that Make Packaging Easier
Packaging robots are robotics system used for packaging purposes and reduce labor cost and package time. These packaging robots are flexible and can easily integrate into workspace. Packaging robots are type of industrial robots are used for packaging applications in manufacturing facilities for operations such as filling, primary packaging, placing, picking, palletizing, and de-palletizing. Packaging robots provide a variety of benefits including reduced part package time, labor cost reduction, and
Sugar Packaging Market
Global Sugar Packaging Market: An Overview Sugar packaging is done in a variety of formats, both in bulk and retail. There are a number of products available in the market for sugar packaging. The sugar packaging market is witnessing a tremendous shift in preference for flexible packaging formats. Manufacturers of sugar packaging are also incorporating technologies, such as QR codes. The advent of modern high quality printable packaging formats has led
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury
Flexible Green Packaging Market Report 2018: Segmentation by Product (Reusable P …
Global Flexible Green Packaging market research report provides company profile for Tetra Laval, Wipak Group, Clondalkin Group Holdings, Ukrplastic, Ampac Holdings, Reynolds Group, Amcor, Sealed Air, Mondi, DuPont and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018
2018-2021 Honeycomb Packaging : Global Packaging Market
Press Release - 08 May2018 Global Research and Development News -- . . "Global Honeycomb Packaging Market 2017-2021" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' Honeycomb packaging is a type of protective packaging used for protecting products during transportation and handling. This packaging is generally made from either plastic or paperboard. Honeycomb packaging can be used as edge protectors, die-cuts,
Food Packaging Materials Manufacturers | Flexible Packaging | Suppliers
Find here Food Packaging Materials, Manufacturers and Food Packaging Suppliers. Shrinath Rotopack is India's largest global flexible Packaging company. They Manufacture Bags such as Coffee Bags, Ziplock Bags, Stand up Pouches and Assorted Bags. Shrinath Rotopack Private Limited is the Shree Group’s flagship company based in Hyderabad, India. With an experience of over two decades in the plastic industry and with the growing demand in the Indian market for flexible