Global Biodegradable Food Service Disposables Market, 2017-2023 by Region, Raw Material, Product Type & Distribution Channel
DUBLIN, Dec. 20, 2018 /PRNewswire/ --
The "Biodegradable Food Service Disposables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The global biodegradable food service disposables market reached a value of US$ 2.3 Billion in 2017
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 food service 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 food service 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.
Looking forward, the market is further projected to reach a value of US$ 3.2 Billion by 2023, expanding at a CAGR of 5.6% during 2018-2023.
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Biodegradable Food Service Disposables Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup Breakup by Region
5.4 Market Breakup by Raw Material Type
5.5 Market Breakup by Product Type
5.6 Market Breakup by Distribution Channel
5.7 Market Forecast
5.8 SWOT Analysis
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Raw Material Procurement
5.9.3 Manufacturing
5.9.4 Distribution
5.9.5 End-Use
5.10 Porters Five Forces Analysis
5.11 Price Analysis
6 Market Breakup by Region
6.1 Europe
6.2 North America
6.3 Asia Pacific
6.4 Middle East and Africa
6.5 Latin America
7 Market Breakup by Raw Material Type
7.1 Pulp and Paper
7.2 Biopolymers
7.3 Leaves
7.4 Wood
8 Market Breakup by Product Type
8.1 Cups
8.2 Clam Shells and Containers
8.3 Plates
8.4 Cutleries
8.5 Others
9 Market Breakup by Distribution Channel
9.1 Business to Customer (B2B)
9.2 Business to Business (B2C)
9.2.3 Market Breakup by Distribution Channel
9.2.3.1 Supermarkets and Hypermarkets
9.2.3.2 Online Stores
9.2.3.3 Others
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
11 Biodegradable Food Service Disposables Manufacturing Process
11.1 Product Overview
11.2 Raw Material Requirement
11.3 Manufacturing Process
11.4 Key Success and Risk Factors
12 Profile of Key Players
For more information about this report visit https://www.researchandmarkets.com/research/rm2vkp/global?w=5
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