Biodegradable Food Service Disposables Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

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Biodegradable Food Service Disposables Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

Status : August, 2020 | Food and Beverages | PPT format

Report Digest

Global Biodegradable Food Service Disposables Market: Overview

The biodegradable food service market has been witnessing a growing array of food packaging solutions for the food industry. The food industry as a whole, and numerous stakeholders, and the governments around the world has become aware of the carbon-footprint and the adverse impacts on the environments. The drive for biodegradable disposables from food and beverages packaging has gained strength based on this trend. Over the past years, plastic packaging by food service companies have attracted lot of negative criticism. Stakeholders have been trying to reinforce the adoption of packaging that can be disposed of as well as bear minimal impact on the environment at large. Stringent implementation of ban on conventional plastics has reinforced the prospective demand for biodegradable disposables among the food service industry.

Materials used for making biodegradable food service disposables include sugarcane fiber (Bagasse), wheat bran, corn starch, areca nut sheaths, bamboo, palm leaves, and coconut coir,

Global Biodegradable Food Service Disposables Market: Growth Dynamics

Advances in packaging manufacturing technologies have led to the utilization of a wide array of compostable materials. Some of the key ones used by manufacturers in the biodegradable food service market are biopolymers, pulp and water, leaves, and wood. The type of packaging also makes large bearing on the shelf-life of food products. Hence, restaurants and catering businesses are increasingly adopting biodegradable materials for disposable utensils and cups. The extensive use of biodegradable disposables in parties and public events in emerging economies in recent years has helped bolster the prospects of the biodegradable food service market. 

The growing trend of packaged food consumption in populations, especially in developing and developed nations, has bolstered the need for making disposables greener and the packaging eco-friendly. The biodegradable food service market is also growing from strength-to-strength from growing adoption of eco-friendly packaging among several consumer brands. These brands are expending resources to adopt fully-compostable materials used in food packaging. The numbers of people who go to restaurants or order food from outside are growing in urban settlements in developing economies. This has helped in the expansion of the biodegradable food service market. Over the past few years, the on-the-go food culture has pick up steam considerably. Further, strides made by food catering businesses are boosting the biodegradable food service market.

Global Biodegradable Food Service Disposables Market: Notable Developments

A growing number of manufacturers in the biodegradable food services market are entering into partnerships, especially with biopastic injection molding service providers. A recent case in point is Danimer Scientific, a U.S.-based biopolymer manufacturer, partnering with UrthPact LLC, which will enable them to produce biodegradable drinking straws for the food service industry. The raw material comprise Danimer Scientific’s biopolymer. The biodegradability of the raw materials has been confirmed by researchers at the University of Georgia (UGA) and New Materials Institute.

Over the past years, in various parts of the world, numerous industry collaborations are taking place to fill the gap for the packaging material for food service companies post the stringent ban on the use of single-use plastics. This has offered a large momentum to the biodegradable food service disposables market. Prominent players are taking initiatives to accelerate the commercialization of biodegradable food service disposables.

Key players in the biodegradable food service disposable market are Bunzl plc., Vegware, Eco Guardian, GreenGood USA, Gold Plast S.p.A, The Jim Pattison Group, and Bionatic GmbH & Co.

Global Biodegradable Food Service Disposables Market: Regional Assessment

Some of the key regional segments of the biodegradable food service disposable market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of these, Europe is expected to be a prominent region in the global market. The growth in the regional market is propelled by increased awareness about the use of environmentally friendly materials in food packaging. Moreover, extensive consumption of packaged food has spurred the use of biodegradable food service disposals across the catering businesses.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.