The Asia Pacific biodegradable food service disposables market is currently witnessing moderate growth. Biodegradable disposables are produced from naturally occurring materials like sugarcane fiber (bagasse), corn starch, wheat bran, areca nut sheaths, bamboo, and various leaves such as palm leaves and coconut coir. These disposables can be composted after degradation as the material releases valuable nutrients into the soil, making it fertile. In the Asia Pacific region, biodegradable food service disposables are gaining preference owing to the growing awareness among consumers about the harm that non-biodegradable disposables cause to the environment.
The Asia Pacific biodegradable food service disposables market is primarily driven by the expanding food and beverage industry. Along with this, changing lifestyles of the urban population have increased the percentage of people choosing on-the-go food and drinks, thereby propelling the demand for biodegradable disposables. Besides this, the growing trend of online food retailing has generated the need for environmentally sustainable food packaging solutions. Besides this, regional governments are undertaking initiatives to promote the use of biodegradable food packaging materials as a way of reducing waste. For instance, Chai Point, one of the largest organized tea retailers in India, introduced 100% biodegradable packaging, such as food boxes, plates and cutlery, in 2016. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific biodegradable food service disposables market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, raw material type, product type and distribution channel.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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