Reportlinker Adds US Foodservice Disposables Market

NEW YORK--(Business Wire)--
Reportlinker.com announces that a new market research report is available in its
catalogue.

Reportlinker Adds US Foodservice Disposables Market

http://www.reportlinker.com/p0138503/Reportlinker-Adds-US-Foodservice-Disposables-Market.html

US demand to approach $18 billion in 2013

Demand for foodservice disposables is projected to approach $18 billion in 2013.
Though advances will decelerate from the past decade due to slower growth in
consumer spending and more moderate material price increases, demand for
disposables will be supported by a rebound in away-from-home food expenditures
as the economy recovers. Rising away-from-home food expenditures will also
reflect faster-paced lifestyles and the willingness of consumers to pay for
convenient, ready prepared foods. Packaging and serviceware made from
biodegradable materials will post robust advances from a low base, the result of
increased price competitiveness with petroleum-based plastic materials; rapidly
expanding capacity; heightened consumer interest in environmental issues;
increased pressure on foodservice operators to reduce their environmental
footprint; and growing bans on polystyrene- based disposables.

Foodservice packaging to be fastest growing products

The fastest gains are anticipated for packaging products, fueled by aboveaverage
revenue growth in the large limited service segment, which accounts for nearly
half of overall restaurant revenues but generates a much higher share of
foodservice disposables demand. Expanding menu options in limited service
restaurants and longer hours to incorporate breakfast and late night snacking
will also bode well for related packaging. Wraps and lids will register the
fastest growth, with most container types also expected to register healthy
gains. The popularity of takeout food from full service restaurants will provide
a further boost for packaging, especially since these restaurants often use
higher-value disposable containers designed to maintain food temperature and
minimize leakage problems. Additionally, packaging gains will be supported by
expanded prepared food offerings in supermarkets and other retail stores, along
with increased catering activity by limited and full service restaurants.

Retail, vending market to see fastest annual growth

Eating and drinking places, by far the largest foodservice disposables market,
are expected to log growth in line with the overall average. Advances will be
driven by expanding menu options in quick service restaurants and increased
requirements for disposables among full service restaurants. Retail and vending
will represent the fastest growing disposables market, propelled by the growing
presence of prepared foods in supermarkets, warehouse clubs, convenience stores
and other retail stores. Upgraded coffee and the increased availability of fresh
salads and sandwiches in convenience stores will also assist disposables demand
in the retail market.

Greater use expected for recycled/biodegradable materials, source reduction

Foodservice disposables suppliers are increasingly emphasizing the development
of sustainable packaging, which seeks to make greater use of packaging materials
and systems that promote economic and environmental health, and which emphasizes
the use of recycled raw materials as much as possible. As a result, a plethora
of new foodservice disposables products using recycled content or biodegradable
materials have entered the market in the past few years, with heightened
activity in all product segments. Sustainability efforts will also drive source
reduction activity such as the lightweighting of products or shifting to
flexible packaging.

Study coverage

This new industry study, Foodservice Disposables,presents historical demand data
(1998, 2003, 2008) plus forecasts for 2013 and 2018 by product and market. The
study also considers market environment factors, evaluates market share and
profiles industry competitors.

To order this report:

Reportlinker Adds US Foodservice Disposables Market

http://www.reportlinker.com/p0138503/Reportlinker-Adds-US-Foodservice-Disposables-Market.html

More market research reports here!

Reportlinker
Nicolas: nbo@reportlinker.com
US: (805)-652-2626
Intl: +1 805-652-2626

Copyright Business Wire 2009