Europe Biodegradable Foodservice Disposables Market

The Europe (U.K., Spain, France & Switzerland) biodegradable foodservice disposables market is experiencing a healthy growth, attributed to the increasing initiatives by the foodservice providers towards reducing waste. In addition, the rise in support and promotional activities by various associations for boosting the consumption of eco-friendly products is further expected to drive the market growth in the near future.

For a better understanding and analysis of the industry, the market has been segmented on the basis of product type, raw material, end-use, distribution channel, and country.

The Europe biodegradable foodservice disposables market is estimated to expand at a CAGR of 5.5% from 2016 to 2022, to reach a market value of US$ 1,429.9 Mn by 2022. The market was valued at US$ 941.0 Mn in 2014. In terms of volume, the Europe biodegradable foodservice disposables market stood at 5,550 million units in 2014 and is projected to increase at a CAGR of 2.8% from 2016 to 2022.

The U.K. and Spain are projected to be the fastest-growing markets over the forecast period in terms of volume consumption. The growth of the U.K. market is mainly attributed to shifting consumer preference towards eco-friendly products. Moreover, increasing government regulations to control landfill and rising prices of fossil fuel are factors further expected to drive the market demand in the country.

Key players in the Europe biodegradable food service disposables market that are covered in the report include Biopac (U.K.) Ltd, Huhtamaki Group, Bionatic GmbH & Co. KG, I.L.P.A. S.p.A. Group, The Jim Pattison Group, GreenGood USA, Gold Plast S.p.A, Vegware, Eco Guardian, and Bunzl plc.