Compostable food service disposables are made from plant-based materials, such as cornstarch, sugarcane, and bamboo. The market has experienced significant growth in recent years, driven by the increasing popularity of fast-casual restaurants and food delivery services and rising awareness of the harmful effects of traditional plastic packing on the environment.
Restaurants generate a significant amount of waste from disposable packages, and compostable options offer a way to reduce their environmental footprint.Many cities and municipalities have implemented composting programs, creating a marketplace for compostable packaging products. Governments and environmental organizations around the world are promoting the use of biodegradable packaging as part of their efforts to reduce plastic waste.
There are many companies worldwide adopting this packaging. For instance, Nespresso manufactured a new range of coffee capsules made from 80% recycled aluminum and biodegradable plant-based material. The new capsules are made from a blend of plant-based materials, including cornstarch and sugar cane, which break down easily in a composting environment.
The compostable food service disposables market is broadly segmented into material, product type, and by application. The material segment is further classified into bio plastics, pulp & paper, leaves and wood. The product type segment is further categorized into bowls, plates, cups, trays, lids, and clamshells. The application segment is further subdivided into restaurants & cafes, hotels, and catering services.
Some of the key players operating in this market are Eco-Products, Inc., WorldCentric, Vegware, ROCKETTHEME LLC, Anchor Packaging LLC, and others. Prominent players involved in the marketplace are continuously focusing on business expansion activities through collaborations and partnerships across the value chain. For instance, in November 2022, Vegware launched a moulded fiber range packaging to its product portfolio. This range offers packing in the form of tableware and takeaway boxes for industrial composting.
The North American market for compostable food service disposables packaging is growing rapidly owing to increasing government regulations aimed at reducing plastic waste. Several states and cities have implemented bans on single-use plastics, creating a market for biodegradable alternatives.The rise of the food delivery and takeout market is also driving the growth of the North American market for compostable food service disposables packing. With the COVID-19 pandemic accelerating the shift towards online ordering and delivery, many businesses are looking for eco-friendly packing options that can be safely delivered to customers.
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