Compostable Foodservice Packaging Market
service market can be segmented into utility trays, food trays, bowls and cups, and plates. On the basis of end use, the compostable foodservice packaging market can be segmented into restaurants such as limited service restaurants, full service restaurants, bars and confectioneries.
Compostable Foodservice Packaging: Regional Outlook
Geographically, the compostable foodservice packaging market has been segmented into North America, Latin America, Asia Pacific( APAC), Europe and Middle East and Africa( MEA). North America stands out as the largest market for compostable foodservice packaging industry due to a large consumer base for packaged foods followed by Europe. Asia-Pacific is expected to grow at the highest rate over the forecast period owing to a large population as well rising awareness among the consumers.
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The key players in this sector are Eco Products Inc.( USA), Biosphere Industries LLC( U. S.), International Paper Company( U. S.), Cereplast Inc.( U. S.), BioBag Canada Inc., and Penley Corporation( U. S.).
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