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The global biodegradable foodservice disposables market reached a value of US$ 2.5 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Completely, biodegradable disposables are made from naturally occurring substances such as sugarcane fibre (Bagasse), corn starch, wheat bran, bamboo, areca nut sheaths, dried leaves such as palm leaves, coconut coir, etc. Environmental concerns arising from the usage and disposal of paper disposables are currently driving the growth of the global biodegradable foodservice disposables market. For instance, paper disposables made from wood fibre are causing the destruction of millions of acres of forests and the inner polyurethane layer in paper disposables restricts their biodegradability. On the contrary, completely biodegradable materials are usually compostable which indicates that upon degradation, these materials release valuable nutrients into soil making it more fertile.
Increasing environmental concerns due to the rising usage and disposal of paper disposables have created strong potential for the biodegradable foodservice disposables market to grow in the coming years. Plastic ban in several countries and rising consumer awareness about the environmental impact posed by plastic and paper disposables have resulted into increased preference for completely biodegradable alternatives. Moreover, continuous urbanisation, sedentary lifestyles and on-the-go food culture are expected to further propel the growth of the market in the short and medium terms. Easy availability of raw materials used in the manufacturing of biodegradable food service disposables is another factor which will provide the manufacturers with ease of production, thereby increasing the availability of these products in the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global biodegradable food service disposables market, along with forecasts for growth at the global and regional level from 2021-2026. Our report has categorized the market based on region, raw material type, product type, and distribution channel.
Region-wise, the market has been segmented into Europe, North America, Asia Pacific, Middle East and Africa and Latin America. Amongst these, Europe represents the biggest market.
Breakup by Raw Material Type:
On the basis of raw material type, the market has been segmented into pulp and paper, biopolymers, leaves and wood. Among these, the pulp and paper segment holds the largest share.
Breakup by Product Type:
On the basis of product type, the market has been segmented into cups, clamshells and containers, plates, cutleries, and others. Among these, the cup segment currently enjoys the largest share.
Breakup by Distribution Channel:
On the basis of distribution channel, the market has been segmented into B2C (business to customer) and B2B (business to business) channels. Further, the B2C channel is segmented into supermarkets and hypermarkets, online stores and others. Amongst these, supermarkets and hypermarkets currently enjoy the largest share.
This report provides a deep insight into the global biodegradable food service disposables market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the industry in any manner.
|Base Year of the Analysis||2020|
|Segment Coverage||Raw Material Type, Product Type, Distribution Channel, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
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The global biodegradable food service disposals market size was valued at US$ 2.5 Billion in 2020.
According to the estimates by IMARC Group, the global biodegradable food service disposals market is expected to exhibit moderate growth during 2021 to 2026.
The implementation of stringent regulations pertaining to the ban on single use plastic represents one of key drivers for the global biodegradable food service disposals market.
The emerging trend of on-the-go food consumption along with the growing number of online food delivery services represent some of the key trends in the global biodegradable food service disposals market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous manufacturing units of biodegradable food service disposals.
On the basis of the product type, the market has been bifurcated into cups, clamshells and containers, plates, cutleries, and others. Currently, cups hold the majority of the total market share.
On the basis of the raw materials, the market has been divided into pulp and paper, biopolymers, leaves, and wood. Among these, pulp and paper represent the largest segment.
On the basis of the distribution channel, the market has been divided into B2C (business to customer) and B2B (business to business). At present, B2B (business to business) holds the largest market share.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Europe dominates the global market.
The key companies in the global biodegradable food service disposals market are Huhtamaki, Dart Container Corporation, Practiv LLC, Georgia Pacific LLC, Clearwater Cooperation, Biopac (UK) Ltd., Go-Pak Ltd., and Genpak LLC.
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