Market Research Projects Foodservice Disposables Market Growth At 5.4% CAGR Through 2015

ROCKVILLE, MD — MarketResearch.com has announced the addition of the new report "World Foodservice Disposables," to their collection of Food Packaging market reports.

World demand for foodservice disposables is projected to grow 5.4 percent per year to over $53 billion in 2015. Gains will be driven by gains in the foodservice industry, which will accelerate from the rates seen over the 2000-2010 period due to improvements in global economic conditions, increasingly fast-paced lifestyles and growth in away-from-home food spending.

Disposable serviceware — including single-use cups, dinnerware and utensils — will remain the largest product type through the forecast period and beyond. However, the fastest demand growth is expected in the disposable packaging segment, which includes foodservice containers, lids and domes, wraps, bags, and trays. Demand for disposable foodservice packaging will be fueled by advances in the limited service restaurant sector, which relies heavily on single-use packaging. Beyond eating and drinking places, good opportunities for disposables will be found in the retail market, as grocery and convenience stores expand their offerings of prepared foods.

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