Food Service Packaging Market Highlights
The global food service packaging market is majorly driven by the emphasis on proper food packaging, owing to the increase in demand for ready to eat and processed packaged food. The food service packaging usually involves materials such as plastic, paperboard and metals. The low cost of these materials are also driving the growth of the food service packaging market. The market is growing, owing to the increase in the number of restaurants and their takeaway facilities.
The Food service packaging market is expected to grow over the CAGR of around 4.5% during the period 2017 to 2023.
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Food Service Packaging Market : Key Players
The key players of food service packaging market are :
- Amcor Limited (Australia)
- Ball Corporation (U.S.)
- Ampac Packaging LLC (U.S.)
- Bemis Company Incorporated (U.S.)
- Crown Holdings Incorporated (U.S.)
- BWAY Corporation (U.S.)
- Greif Incorporated (U.S.)
- Letica Corporation (U.S.)
- Rock-Tenn Company (U.S.)
- others
Food Service Packaging Market : Drivering Factors
The major factor driving the growth of the food service packaging market is the introduction of new innovative types of packaging by the major players in the food packaging market. With the increasing urbanization, there is an increase in the demand for processed and semi-processed food, which is in turn leading to the growth of the food service packaging market. The market is further driven by the increase in demand from restaurants, takeaway restaurants and catering services. The ability of the food service packaging to provide longer shelf life to the food products, is also driving the growth of the market.
Food Service Packaging Market : Regional Analysis
Based on regions, the food service packaging market is segmented as North America, Europe, Asia-Pacific and rest of the world. Asia-Pacific region is dominating the global food service packaging market, owing to the existence of large consumer base in the region for the processed and the semi-processed food. The increase in the foreign direct investments in the developing countries such as India and China, especially in the food and beverage industry, is also driving the growth of the food service packaging market in the Asia-Pacific region.
Intended Audience:
- Distributer & Supplier companies
- End Users
- consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
Food Service Packaging Market : Research Analysis
The Food Service Packaging Market has been analyzed based on products, applications and regions. Based on products, the flexible packaging segment is expected to grow the highest, owing to factors such as the low cost associated with flexible packaging and the ability of flexible packages to store all types of food. Many flexible packages are easily recyclable and are available in a variety of shapes and sizes, which further lead to an increase in use of flexible packages in food service packaging.
By Product
- Flexible Packaging
- Rigid Packaging
- Paper And Pouches
- Bags
- Others
By Application
- Dairy Products
- fruits and vegetables
- Baked Goods
- Others
By Region
- North America
- Asia Pacific
- Europe
- Rest of the World
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Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content & market synopsis on “Global Food service packaging market Information from 2017 to 2023″
Table Of Contents :
1… Executive Summary
2… Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3… Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
Continues…..
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