Global Biodegradable Food Service Disposables Market Outlook to 2024: A $3.4 Billion Opportunity, Expanding at a CAGR of 5.5% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Apr 16, 2019--The “Biodegradable Food Service Disposables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
The global biodegradable food service disposables market reached a value of US$ 2.4 Billion in 2018. Looking forward, the market is further projected to reach a value of US$ 3.4 Billion by 2024, expanding at a CAGR of 5.5% during 2019-2024.
This report provides a deep insight into the global biodegradable food service disposables market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
Increasing environmental concerns due to the rising usage and disposal of paper disposables have created strong potential for the biodegradable food service disposables market to grow in the coming years. Plastic ban in several countries and rising consumer awareness about the environmental impact posed by plastic and paper disposables have resulted into increased preference for completely biodegradable alternatives.
Moreover, continuous urbanisation, sedentary lifestyles and on-the-go food culture are expected to further propel the growth of the market in the short and medium terms. Easy availability of raw materials used in the manufacturing of biodegradable food service disposables is another factor which will provide the manufacturers with ease of production, thereby increasing the availability of these products in the market.
Region-wise, the market has been segmented into Europe, North America, Asia Pacific, Middle East and Africa and Latin America. Amongst these, Europe represents the biggest market.
Material Type Insights
On the basis of raw material type, the market has been segmented into pulp and paper, biopolymers, leaves and wood. Among these, the pulp and paper segment holds the largest share.
Product Type Insights
On the basis of product type, the market has been segmented into cups, clam shells and containers, plates, cutleries and others. Among these, the cup segment currently enjoys the largest share.
Distribution Channel Insights
On the basis of distribution channel, the market has been segmented into B2C (business to customer) and B2B (business to business) channels. Further, the B2C channel is segmented into supermarkets and hypermarkets, online stores and others. Amongst these, supermarkets and hypermarkets currently enjoy the largest share.
Key Questions Answered
- How has the global biodegradable food service disposables market performed so far and how will it perform in the coming years?
- Which are the key regions in the global biodegradable food service disposables market?
- Which are the various raw materials used in the global biodegradable food service disposables market?
- Which are the key product types in the global biodegradable food service disposables market?
- Which are the major distribution channels in the global biodegradable food service disposables market?
- What are the various stages in the value chain of the global biodegradable food service disposables market?
- What is the market structure and who are the key players?
- What are the key driving factors and challenges in the global biodegradable food service disposables market?
- What is the manufacturing process for biodegradable food service disposables?
- What is the degree of competition in the global biodegradable food service disposables market?
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Biodegradable Food Service Disposables Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Region
5.4 Market Breakup by Raw Material Type
5.5 Market Breakup by Product Type
5.6 Market Breakup by Distribution Channel
5.7 Market Forecast
5.8 SWOT Analysis
5.9 Value Chain Analysis
5.10 Porters Five Forces Analysis
5.11 Price Analysis
6 Market Breakup by Region
6.2 North America
6.3 Asia Pacific
6.4 Middle East and Africa
6.5 Latin America
7 Market Breakup by Raw Material Type
7.1 Pulp and Paper
8 Market Breakup by Product Type
8.2 Clam Shells and Containers
9 Market Breakup by Distribution Channel
9.1 Business to Customer (B2C)
9.2 Business to Business (B2B)
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
11 Biodegradable Food Service Disposables Manufacturing Process
11.1 Product Overview
11.2 Raw Material Requirement
11.3 Manufacturing Process
11.4 Key Success and Risk Factors
12 Key Players Profiled
For more information about this report visit https://www.researchandmarkets.com/r/ft0sy9
View source version on businesswire.com:https://www.businesswire.com/news/home/20190416005456/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Food Service
INDUSTRY KEYWORD: RETAIL OTHER RETAIL
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 04/16/2019 05:34 AM/DISC: 04/16/2019 05:34 AM