Banner

Today’s Restaurant, the trade newspaper for the restaurant industry in Florida and Georgia offers:

 

Print Ads | Online Ads | Eblast Marketing | New Openings Leads Report | Restaurant Mailing Lists

 

read ga issue

read fl issue

facebooktwitter
Banner
World demand to rise through 2015 for foodservice disposables
Today's Restaurant Internet Exclusive
Sunday, 11 March 2012 09:09

World_Foodservice_HPBy Pauline Tung

World demand for foodservice disposables is projected to grow 5.4 percent per year to over $53 billion in 2015. Gains will be driven by gains in the foodservice industry, which will accelerate from the rates seen over the 2000-2010 period due to improvements in global economic conditions, increasingly fast-paced lifestyles and growth in away-from-home food spending.

Disposable serviceware -- including single-use cups, dinnerware and utensils -- will remain the largest product type through the forecast period and beyond. However, the fastest demand growth is expected in the disposable packaging segment, which includes foodservice containers, lids and domes, wraps, bags, and trays. Demand for disposable foodservice packaging will be fueled by advances in the limited service restaurant sector, which relies heavily on single-use packaging. Beyond eating and drinking places, good opportunities for disposables will be found in the retail market, as grocery and convenience stores expand their offerings of prepared foods.

Disposable serviceware dominates global market

In 2010, single-use serviceware accounted for 54 percent of the global foodservice disposables market. Gains will be supported by above-average growth in quick service restaurant and retail establishment revenues. Other factors providing momentum include the increased focus on gourmet coffee and specialty cold drinks by limited service restaurants and convenience stores. Value advances will also benefit from heightened interest in higher-cost environmentally friendly products, especially in developed regions.

Click to continue »
 
<< Start < Prev 101 102 103 104 105 106 107 108 109 110 Next > End >>