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Convenience, Sustainability Impact Consumer Choices Leading to Growth of Sustainable Foodservice Packaging

The foodservice industry is in the midst of a sustainability revolution. An increase in convenience, climate change, and growing concerns for the health of the environment are driving the adoption and growth of sustainable packaging through 2024.

Convenience, Sustainability Impact Consumer Choices Leading to Growth of Sustainable Foodservice Packaging
Convenience, Sustainability Impact Consumer Choices Leading to Growth of Sustainable Foodservice Packaging

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According to Sustainable Foodservice Packaging to 2024: A State-of-the-Art Report from Smithers, with upgraded convenience, consumers are increasingly demanding environmentally friendly solutions that do not depend on petroleum, and many manufacturers, converters and suppliers to the packaging industry are heading this demand.

Smithers estimates that the global foodservice market exceeds $31.4 billion and that it is growing at an annual rate of 5.3%. A considerable portion of growth in this market will be in bioplastics used in packaging. Smithers estimates the global market for bioplastics in packaging as $3.3 billion in 2017, reaching almost $7.2 billion by 2022.

Government Regulations

Governments worldwide are imposing strict regulations on a range of product categories, especially single-use consumer products. These regulations are designed to reduce reliance on petroleum-derived

INTRODUCING! The Latest Trends for Food Products at PACK EXPO Southeast
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INTRODUCING! The Latest Trends for Food Products at PACK EXPO Southeast