North America Food Service Packaging Market Ongoing Trends and Recent Developments | Key Players – Amcor , Ball Corporation, Bemis Company, Berry North America, Dow Industries, DS Smith
The North America Food Service Packaging market accounted to US$ 18.60 Mn in 2018 and is expected to grow at a CAGR of 6.0% during the forecast period 2019 – 2027, to account to US$ 31.69 Mn by 2027.
Packaging plays an essential role in maintaining quality and keeping food safe during handling and transportation. Food service packaging offers a marketing medium to the food service providers and also improve customer satisfaction levels. Furthermore, it protects the food products from contamination caused by microorganisms, air, and moisture, and helps catalytic activity in fresh food. Food service packaging includes products such as bowls, plates, cups, clamshells, and wraps, among others. The food service packaging market serves the food service industry, consisting of offline as well as online food service stores that are serving a huge number of people all over the world. The North America food service packaging market is mainly driven by factors such as a significant shift of the consumers towards convenience food and on-the-go lifestyles of the consumers. Moreover, growing preference for ready to eat food coupled with changing consumer demand patterns regarding food packaging is driving the demand for foodservice packaging in North America. With growing health consciousness among consumers in North America, a large number of non-commercial and commercial foodservice outlets serving nutritious meals have emerged over the past few years. This has created the need for effective packaging for the foodservice outlets.
The North America food service packaging market is bifurcated on the basis of material into plastic, metal, and others. The plastic segment dominated the food service packaging market, attributing to the fact that these materials are widely used in manufacturing packaging products such as bags, bottles, and containers such as cups and trays. Moreover, the demand for plastic packaging in the food service packaging market is growing at a rapid rate, as it is lightweight, microwaveable, and available in various design options. Sustainable packaging is essential for contemporary times. With many new innovations, like biodegradable plastic and bio plastic that can mitigate environmental risk, the demand for plastic material in the North America food service packaging market is anticipated to propel over the forecast period.
Major Key Players of the North America Food Service Packaging Market are:
Amcor , Ball Corporation, Bemis Company, Berry North America, Dow Industries, DS Smith PLC, Genpak LLC, Huhtam?ki Oyj, Sealed Air Corporation, and WestRock Company among others.
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Based on application, the food service packaging market is bifurcated into, beverages, prepared meals, fruits & vegetables, bakery & confectionery, dairy products, and others. The beverage sector is amongst the front-liners, where huge and significant investments are made for business expansion and technological modification. Whereas, the bakery and confectionery is anticipated to grow at a faster pace in the North America food service packaging market. The packaging of both carbonated and non-carbonated beverages is a challenging technological branch in a food processing /packaging industry. The old and traditional returnable glass bottle has now been replaced by cartons as well as new plastic containers. The current trend in the packaging industry for beverages aims to improve conventional containers, to produce economic packages, to expand the shelf-life of products, and to deliver better consumer convenience. Thus, owing to its various advantages, food service packaging is preferred in the beverages application.
Major Types of North America Food Service Packaging covered are:
Material : Plastic, Metal, Others
Packaging Type : Flexible, Rigid
Application : Beverages, Prepared Meals, Fruits and Vegetables, Bakery and Confectionery, Dairy Products, Others
– To study and analyze the global North America Food Service Packaging consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the North America Food Service Packaging market by identifying its various sub-segments.
– Focuses on the key global North America Food Service Packaging manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the North America Food Service Packaging with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 North America Food Service Packaging Market Size
2.2 North America Food Service Packaging Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 North America Food Service Packaging Market Size by Manufacturers
3.2 North America Food Service Packaging Key Players Head office and Area Served
3.3 Key Players North America Food Service Packaging Product/Solution/Service
3.4 Date of Enter into North America Food Service Packaging Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global North America Food Service Packaging Sales by Product
4.2 Global North America Food Service Packaging Revenue by Product
4.3 North America Food Service Packaging Price by Product
5 Breakdown Data by End User
5.2 Global North America Food Service Packaging Breakdown Data by End User
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In the end, North America Food Service Packaging industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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