Rockville, March 18, 2024 (GLOBE NEWSWIRE) -- A new study by Fact.MR reveals the global is forecasted to reach US$ 67.9 billion in 2024 and further increase at a CAGR of 6% through 2034.

The market has witnessed significant growth and evolution, driven by the dynamic demands of the food industry and changing consumer preferences. This market encompasses a wide range of packaging solutions designed to meet the unique needs of various foodservice establishments, including restaurants, cafes, fast-food outlets, and catering services.

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Key Segments of Foodservice Packaging Market Research Report     

By Product TypeBy MaterialBy Fabrication ProcessBy End UseBy Region
  • Plates
  • Trays
  • Cups
  • Bowls
  • Pizza Boxes Straws
  • Single-Serve Portion Packs
  • Clamshells
  • Lids for Cups
  • Stirrers
  • Cutlery
  • Aluminum
  • Paperboard
  • Molded Fibers
  • Plastic
  • Polystyrene
  • Polypropylene
  • Polyethylene
  • Polyethylene Terephthalate
  • Polylactic Acid
  • Wood
  • Thermoforming
  • Die Cutting
  • Injection Molding
  • Foodservice Outlets
  • Institutional Foodservice
  • Online Food Ordering
  • North America
  • Europe
  • Latin America
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa


Growing trend of on-the-go dining, coupled with the rise in online food delivery services, is driving the demand for convenient and sustainable packaging solutions. Sustainable packaging materials, such as biodegradable and compostable options, have gained prominence in response to growing environmental concerns.

Advancements in packaging technologies, such as barrier coatings and intelligent packaging, are contributing to the market's expansion. The global foodservice packaging market is characterized by a competitive landscape where key players are focusing on innovation, product differentiation, and sustainability to gain an edge.

Key Takeaways from Market Study

  • The global foodservice packaging market is forecasted to expand at a CAGR of 6% through 2034.
  • Global sales of foodservice packaging products are estimated at US$ 67.9 billion in 2024.
  • The market is projected to reach US$ 121.7 billion by 2034-end.
  • The North American market is projected to expand at a CAGR of 6.1% through 2034.
  • Polyethylene terephthalate is estimated to account for 29.9% market share in 2024.
  • East Asia is projected to account for 20.3% of the global market share by 2034.

“Technological advancements in the foodservice packaging market are enhancing consumer convenience and driving product sales by offering sustainable solutions,” says a Fact.MR analyst.

Market Developments

Key foodservice packaging manufacturers are Pactiv LLC, Gold Plast SPA, Anchor Packaging Inc., Berry Global Inc., and Novolex Packaging. Key companies in the industry are joining forces by merging and acquiring other companies. They are also launching new products to make their position stronger and grab a larger share of the market.

  • In 2022, Sabert Corporation revealed its latest product line, the Kraft Collection. This collection comprises a diverse range of food packaging solutions crafted from corrugated and paperboard materials. Notably, these packaging options are designed to be recyclable and compostable, featuring post-consumer fiber content, aligning with Sabert's enduring dedication to sustainability.
  • In 2022, Amcor introduced a new series of paper-based packaging products called AmFiber. This platform underscores Amcor's commitment to consumer-centric and adaptable innovation. AmFiber seeks to redefine the capabilities of traditional paper packaging by offering a broader range of features and functional benefits, addressing the evolving needs of consumers.

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Report AttributeDetails
Value Projection (2034)US$ 121.7 Billion
Growth Rate (2024-2034)6% CAGR
No. of pages170 Pages
No. of Tables80 Tables
No. of Figures219 Figures


Market Insights: Global Trends and Dynamics in Foodservice Packaging Industry

According to a recent analysis by Fact.MR, a leading provider of market research and competitive intelligence, East Asia is anticipated to capture a significant 20.3% share of the global market by 2034. The presence of foodservice packaging producers across various regions globally, including Southeast Asia, Central and South America, and Australia, has enabled market players to cater to the growing demand while reducing reliance on specific sourcing locations.

In North America, the United States dominates the foodservice packaging market, accounting for a substantial 89.9% market share. Economic conditions play a pivotal role in shaping consumer spending habits and overall demand for packaged food. Additionally, regulatory frameworks and environmental policies drive producers towards sustainable and compliant packaging solutions. Evolving consumer preferences, particularly a rising demand for convenient on-the-go packaging options, further influence market dynamics.

Technological advancements drive innovation in packaging materials and designs, leading to enhanced product differentiation. The competitive landscape and strategic partnerships within the industry play a significant role in determining the positioning and success of foodservice packaging producers in the dynamic United States market.

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the fruit puree market for 2018 to 2023 and forecast market statistics for 2024 to 2034.

The study divulges essential insights into the market based on product type (plates, trays, cups, bowls, pizza boxes, straws, single serve portion packs, clamshells, lids for cups, stirrers, cutlery), material (aluminum, paperboard, molded fibers, plastic, polystyrene, polypropylene, polyethylene, polyethylene terephthalate, poly lactic acid, wood), fabrication process (thermoforming, die cutting, injection molding), and end use (foodservice outlets, institutional foodservice, online food ordering), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).

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