Market Research Report
Food Service Disposables
|Published by||Global Industry Analysts, Inc.||Product code||912526|
|Published||Content info||607 Pages
Delivery time: 1-2 business days
|Food Service Disposables|
|Published: April 1, 2021||Content info: 607 Pages||
With Rising Infections, Dine-In Falls Out of Favor. Food Service Disposables to Reach $79.4 Billion
The global market for Food Service Disposables is projected to reach US$79.4 billion by the year 2027 trailing a CAGR of 5.7%. The growth in the market is expected to come from the increase in online food orders and the ensuing demand for disposables food packaging. With the world confronting an unprecedented health crisis, the impact will be significant on restaurant consumers and operators alike. In the post COVID-19 world, consumers are likely to exhibit greater preference for food delivery services as against dining out. With the pandemic leading to a surge in demand for food delivery services, the trend will continue in the future as consumers adopt a cautious approach and avoid crowded restaurants. Besides food delivery, drive thru and pickup services are also expected to gain prominence. In addition to comfort and convenience, the better safety standards will ensure sustained demand for food delivery services. Another major change in consumer behavior will be in the form of consumers placing increased emphasis on food safety and safe food handling practices. Consumers are likely to express greater desire to know about the origins of food and the manner in which it was grown and processed. In the post-lockdown period as well, consumers will continue to adopt food safety-first strategy thus driving restaurants to focus on safe food handling practices.
Food service operators also need to adjust and adapt to behavioral changes of consumers due to COVID-19 pandemic. There are several areas of operation that will likely to witness significant need for foodservice operators to adjust in the post COVID-19 period. Keeping in view the safety of consumers and staff, restaurants are expected to give top priority to sanitization and food safety for their operations. Restaurants are likely to adopt stringent sanitization practices related to front and back office operations and also for food handling practices, which will in turn give opportunities for advent of new solutions and products. Use of protective gloves by employees, safe handling of food, and increased emphasis on cleanliness across all areas of restaurants will gain even more importance for restaurant operators. There will be increased emphasis on hand hygiene practices, thus spurring usage of wipes, sanitizers and hand washing products in food service operators. Sanitization of dining facilities including seating areas and tables will become routine activities for restaurants. Restaurants are also expected to move towards no-contact self-ordering operations in their dining facilities for instance by providing consumers with digital pads for placing orders. Restaurants will also reduce the need for cashiers and move towards automated or online payment solutions. For delivery operations, food service companies are likely to place greater emphasis on curb-side pickup facilities, in order to avoid contact with delivery person. In the coming years, there will be increased popularity of curb side and minimal touch point pick-up options in the food service industry. Chef-driven foods are expected to become part of takeout or delivery services. With dine in services likely to be affected even in the post lockdown period, consumers seeking high end restaurant foods will opt for takeout and delivery services from high-end restaurants.
Packaging solutions used in food take-out and delivery services are also poised for a significant change in the post COVID-19 related lockdown period. There will be greater demand for packaging formats that are tamper-evident and can also assist in maintaining the moisture, temperature and presentation. However, achieving such an objective is likely to be a challenge for the industry, as food service operators have been averse to the use of high cost take-out packaging solutions as they cannot pass on the cost to other stakeholders. In the current scenario, the growing consumer demand for such high quality packaging solutions and willingness to pay for the same will prompt food service operators to move towards newer packaging solutions. As online deliveries rise, single-use, disposable food packaging is expected to witness rising demand in 2021 & beyond.
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