Compostable Foodservice Packaging Market
Worldwide Analysis on Compostable Foodservice Packaging Market Strategies and Forecasts , 2017 to 2027
Packaging is utilized as a part of an extensive range of industries across food and beverage , healthcare , beauty care and personal care . Packaging systems have emerged as a fundamental requirement across these industries wherein its utilization is growing comprehensively in accordance with the worldwide economy . With increasing cognizance among the consumers for packaged food and environmental concerns gaining momentum all over the world , there has been an increased demand for compostable as well as safe foodservice packaging products . Such favorable factors has led to a boom in the compostable foodservice packaging market . Compostable food service packaging differs slightly from the biodegradable food service packaging in terms of the end product which is generated from their decomposition . In addition to that , compostable foodservice packaging is also supposed to increase the food scrap diversion as well as reduce the food contamination . They are intended for single use after which they are recycled . Food and beverage packaging have more than 50 % share in the global packaging industry which in turn will boost the compostable foodservice packaging market all over the world . Compostable foodservice packaging market is a small segment of the global packaging industry which is in its growing phase and is expected to rise steadily over the forecasted growth period .
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