FMI Compostable Foodservice Packaging Market with Curr | Page 6

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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