Foodservice Disposables forecasts for 2011 & 2016

Nov. 22, 2007 - PRLog -- Foodservice Disposables forecasts for 2011 & 2016

US demand to approach $17 billion in 2011

Demand for foodservice disposables is projected to approach $17 billion in 2011. Growth will be fueled by rising disposable personal income levels and the increasing percentage of consumer food expenditures for food eaten or prepared away from home. Demographic trends that will continue to boost growth in spending on food away from home include growth in empty nest households as baby boomers age, a rising number of households where all adults work, and a smaller average household size. Trends toward healthier and more sophisticated menu choices in limited service restaurants and strong demand for takeout food from full service restaurants and supermarkets will spur advances.

Lids and wraps will exhibit strongest gains

Fastest advances are anticipated for packaging products, for which gains will be propelled by favorable growth in the limited service restaurant segment and menu changes necessitating increased container usage. The rising popularity of takeout food from full service restaurants, growth in restaurant catering services and rapid proliferation of meal assembly businesses will also boost packaging demand. Lids and wraps are expected to post the strongest gains, with most container types also expected to see good growth. Cups and containers made from degradable materials will gain ground as a result of growing environmental awareness and high prices for petroleum-based plastic materials. Reliable analysis fro

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