The Middle East & Africa compostable foodservice packaging market is expected to grow from US$ 961.05 million in 2022 to US$ 1,182.37 million by 2028. It is estimated to grow at a CAGR of 3.5% from 2022 to 2028.
Focus on Sustainable Packaging Aims to Creates Opportunities Drive Middle East & Africa Compostable Foodservice Packaging Market
A rising number of foodservice establishments that were traditionally considered dine-in eateries are now offering delivery and catering options to meet today’s on-the-go consumers' needs. Concurrently with increasing pressures on adopting sustainable materials and incorporating an effective food waste management program, compostable foodservice packaging has gained growing momentum in the industry. Moreover, the demand for high-value disposable items from quick-service restaurants (QSRs) to maintain food temperature and minimize leakage or spillage is likely to work in tandem with the rapid adoption of compostable foodservice packaging. Further, in the light of global efforts to replace unsustainable materials, research has also been undergoing the new forms of compostable packaging, including cups and straws designed from bowls, seaweed made of mushrooms, and others. While compostable foodservice cutlery, and utensils are good for the environment, they require a specific setting for breaking down. Also, organic recycling businesses have been facing several obstacles in ambiguous regulatory scenarios, performance capabilities, and cost factors, impeding widespread adoption of compostable foodservice packaging. Further, the limited availability of compost facilities in the low- and mid-income countries has added to the reluctance to incorporate compostable materials in foodservice packaging. Thus, focus on sustainable packaging aims to create opportunities in the compostable foodservice packing market in the upcoming year.
Middle East & Africa Compostable Foodservice Packaging Market Overview
With a recovery in economic growth and appreciation of the local currency following the recession and severe depreciation in 2016, food & beverages industry witnessed significant growth in the region. Additionally, consumers’ inclination toward healthy, and sustainable choices offered by food & beverage industry is fueling the growth of the Middle East & Africa compostable foodservice packaging market in the region. The Middle East & Africa compostable foodservice packaging market in the Middle East & Africa has been gaining momentum due to the broader popularity of the foodservice industry due to its environmentally friendly nature and rising concerns about the devastating effects of plastic across the region. Additionally, in the Middle East & Africa, on January 19, 2023, The Ministry of Environment, Science, Technology and Innovation (MESTI) collaborated with the Norwegian Ministry of Foreign Affairs, the Basel, Rotterdam, and Stockholm (BRS), and the University of Ghana, and launched 'Edible and Compostable Packaging Pilot Project'. The project aims to showcase the potential of edible and compostable packaging as a sustainable alternative to phase-out Single Use Plastics (SUP) sachets and bottles and food and sauce containers. Such government initiatives are further, predicted to witness compostable foodservice packaging market growth during the forecast period.
Middle East & Africa compostable foodservice packaging market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa compostable foodservice packaging market Segmentation
The Middle East & Africa compostable foodservice packaging market is segmented into product material, and country.
Based on product, the Middle East & Africa compostable foodservice packaging market is segmented into trays, cups and plates, cutlery, clamshell, bowls, pouches and sachets, and others. In 2022, the cups and plates segment registered a largest share in the Middle East & Africa compostable foodservice packaging market.
Based on material, the Middle East & Africa compostable foodservice packaging market is segmented into paper and paperboard, compostable plastic {bio-plastic}, and others. In 2022, the compostable plastic segment registered a largest share in the Middle East & Africa compostable foodservice packaging market.
Based on country, the Middle East & Africa compostable foodservice packaging market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. In 2022, South Africa segment registered a largest share in the Middle East & Africa compostable foodservice packaging market.
Anchor Packaging Pty Ltd; Graphic Packaging Holding Co; Pactiv LLC; and WestRock Co are the leading companies operating in the Middle East & Africa compostable foodservice packaging market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 961.05 Million |
| Market Size by 2028 | US$ 1,182.37 Million |
| CAGR (2022 - 2028) | 3.5% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Product
|
|
Regions and Countries Covered
|
|
| Middle East and Africa | South Africa, Saudi Arabia, UAE, Rest of Middle East and Africa |
| Market leaders and key company profiles |
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The Middle East & Africa Compostable Foodservice Packaging Market is valued at US$ 961.05 Million in 2022, it is projected to reach US$ 1,182.37 Million by 2028.
As per our report Middle East & Africa Compostable Foodservice Packaging Market, the market size is valued at US$ 961.05 Million in 2022, projecting it to reach US$ 1,182.37 Million by 2028. This translates to a CAGR of approximately 3.5% during the forecast period.
The Middle East & Africa Compostable Foodservice Packaging Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Compostable Foodservice Packaging Market report:
The Middle East & Africa Compostable Foodservice Packaging Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Compostable Foodservice Packaging Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Compostable Foodservice Packaging Market value chain can benefit from the information contained in a comprehensive market report.
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