Market Share of North America Foodservice Packaging Industry
The North American foodservice packaging market will be highly fragmented over the forecast period, with the presence of many players, such as Inline Plastics, Berry Global Inc., Novolex Holdings LLC, Genpak LLC, and Huhtamaki America Inc. There will be increasing competition among local vendors in the region. Owing to the wide range of foodservice packaging suppliers, buyers can choose from multiple vendors.
- May 2024 - Foodservice manufacturing company Genpak invested USD 22.8 million in renovating its Montgomery, Alabama, plant. The upgrades allowed the facility to double its local workforce and included safety enhancements and upgrades focused on better efficiency for the manufacturer's food packaging solutions for clients ranging from convenience stores to restaurants.
- April 2024 - Novolex Holdings LLC, a North American company, announced a strategic investment in Rhode Island-based reusable systems and container brand OZZI. As a part of this investment, Eco-Products, a Novolex business unit and leader in circular solutions for the foodservice industry, will help accelerate OZZI's growth. The OZZI family of products and solutions includes O2GO containers, cups, and cutlery for foodservice packaging.
North America Foodservice Packaging Market Leaders
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Novolex HOLDINGS LLC
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Berry Global Inc.
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Genpak LLC
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Inline Plastics
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Huhtamaki America Inc
*Disclaimer: Major Players sorted in no particular order
