Abstract
US demand to approach $17 billion in 2011
Demand for foodservice disposables is projected to approach $17 billion in
2011. Growth will be fueled by rising disposable personal income levels and
the increasing percentage of consumer food expenditures for food eaten or
prepared away from home. Demographic trends that will continue to boost growth
in spending on food away from home include growth in empty nest households as
baby boomers age, a rising number of households where all adults work, and a
smaller average household size. Trends toward healthier and more sophisticated
menu choices in limited service restaurants and strong demand for takeout food
from full service restaurants and supermarkets will spur advances.
Lids and wraps will exhibit strongest gains
Fastest advances are anticipated for packaging products, for which gains will
be propelled by favorable growth in the limited service restaurant segment and
menu changes necessitating increased container usage. The rising popularity of
takeout food from full service restaurants, growth in restaurant catering
services and rapid proliferation of meal assembly businesses will also boost
packaging demand. Lids and wraps are expected to post the strongest gains,
with most container types also expected to see good growth. Cups and
containers made from degradable materials will gain ground as a result of
growing environmental awareness and high prices for petroleum-based plastic
materials.
Study coverage
It presents historical demand data plus forecasts for 2011 and 2016 by product
and market in both unit and value terms. The study also evaluates market
shares and profiles leading US industry players.
View Cart
