How big is the Food Service Packaging Market?

The Food Service Packaging Market size is expected to reach USD 128.82 billion in 2024 and grow at a CAGR of 4.18% to reach USD 158.09 billion by 2029. Read More

What is the current Food Service Packaging Market size?

In 2024, the Food Service Packaging Market size is expected to reach USD 128.82 billion. Read More

Who are the key players in Food Service Packaging Market?

Pactiv Evergreen Inc., Genpak Corporation, Huhtamaki Oyj, Berry Global Inc. and Novolex Packaging are the major companies operating in the Food Service Packaging Market. Read More

Which is the fastest growing region in Food Service Packaging Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Food Service Packaging Market?

In 2024, the Asia Pacific accounts for the largest market share in Food Service Packaging Market. Read More

What years does this Food Service Packaging Market cover, and what was the market size in 2023?

In 2023, the Food Service Packaging Market size was estimated at USD 123.44 billion. The report covers the Food Service Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Food Service Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Food Service Packaging Market - Size, Share & Growth Trends

Food Service Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Food Service Packaging Market Report is Segmented by Product Type (Corrugated Boxes and Cartons, Plastic Bottles, Trays, Plates, Food Containers, Bowls, Cups, and Lids, Clamshells, and Other Product Types), End User (Quick Service Restaurants (QSR), Full-Service Restaurants (FSR), Institutional, Hospitality, and Other End-User Industries), and Geography (North America [the United States and Canada], Europe [the United Kingdom, Germany, France, Italy, Spain and Rest of Europe], Asia-Pacific [China, India, Japan, Australia and New Zealand, and Rest of Asia-Pacific], Latin America [Brazil, Argentina, Mexico, and Rest of Latin America], and Middle East and Africa [Saudi Arabia, The United Arab Emirates, South Africa, and Rest of Middle East and Africa]). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Food Service Packaging Industry Overview

The foodservice packaging market is fragmented, as many players have a strong presence due to their offerings. With innovations and demand, the market is attractive for new players.

September 2023: Berry introduced food-grade recycled content in flexible plastic packaging with food-grade low-density polyethylene (LLDPE) films containing at least 30% (PCR) post-consumer recycled plastic. Through this addition to its robust film portfolio, Berry offered brands a solution to their sustainability commitments to include PCR in food packaging.
February 2023: Pactiv Evergreen collaborated with AmSty to launch Circular Polystyrene Food Packaging Products, where Pactiv Evergreen packaging will use ISCC PLUS-certified recycled polystyrene from AmSty, and Evergreen will begin offering customers the ability to purchase packaging linked to ISCC PLUS-certified post-consumer recycled polystyrene derived from advanced recycling technologies using mass balance allocation.