Food Service Packaging Market Is Expected To Grow Over The CAGR Of Around 4.5% During Forecast 2023


Posted June 18, 2019 by sakkk18

Global Food Service Packaging Market Size, Share, Growth, Analysis by Product, By Application (Dairy Products, Fruits and Vegetables, Baked Goods, Others) and By Region - Global Forecast To 2023
 
Food Service Packaging Market Scenario

The food service packaging is packaging used for the packaging of all kinds of food such as dairy products, fruits & vegetables and others with the objective of preserving the food for a long duration of time.

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 take away facilities.

Food service packaging market is expected to grow over the CAGR of around 4.5% during the forecast period.

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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.)
Regional Analysis

The Asia-Pacific region is expected to grow the highest in the global food service packaging market, owing to the increasing urbanization in the developing nations. The rapidly changing consumer taste & preferences and the increase in adoption of takeaways from restaurants by consumers, is leading to the growth of the region. North America market is dominating the market due to the existence of large customer base for packaged food.

Company Information

Profiling of 10 key market players
In-depth analysis including SWOT analysis, and strategy information of related to report title
Competitive landscape including emerging trends adopted by major companies
The report for Food Service Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Intended Audience

Distributer & Supplier companies
End Users
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities
Study Objectives of Food Service Packaging Market

To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global food service packaging market
To provide insights about factors affecting the market growth
To analyse the global food service packaging market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis
To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segments by product, application and region
To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global food service packaging market

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Issued By mrfr
Country India
Categories Business , Industry
Tags food service packaging market
Last Updated June 18, 2019