FOODSERVICE DISPOSABLE DISTRIBUTION SYSTEM MARKET ANALYSIS

Foodservice Disposable Distribution System Market, By Product Type (Tableware Disposables, Finger Food Disposables, and Durable Plastic Glasses), By Distribution Channel (Wholesale and Retail), and by Application (Restaurants, Bars and Pubs, Clubs, Foodservice Providers and Caterers, and Others), and By Region (North America, Europe, Asia-pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jan 2023
Code : CMI1703
Pages :112
Formats :
Excel and PDF
Industry : Food and Beverages

Foodservice Disposable Distribution System MarketSize and Trends

Rising demand for fast food is one of the major factors driving growth of the food service disposable distribution systems market. High demand for fast food is majorly attributed to rising working population, especially in the emerging economies such as India, China and Japan among others.

Global foodservice disposable distribution systems market was valued at US$ 71.18 Bn in 2021 in terms of revenue, exhibiting a CAGR of 5.18 % during the forecast period (2022 to 2030).

Figure 1. Global Foodservice Disposable Distribution Systems Market Value Share (%), By Region, 2021

Market Trends

Ongoing trends observed in the target market are growing trend of dining out, ordering food from restaurants using Mobile-commerce food ordering apps, and increasing preference towards fast-food products, especially among younger population. These trends are expected to gain popularity and traction and drive growth of the global foodservice disposables distribution systems market.

Constant innovations in the food packaging sector is a factor that is expected to create revenue opportunities for players focusing on R&D activities and operating in the target market.

Figure 2. Global Foodservice Disposable Distribution Systems Market value Share (%), By Product Type, 2021