North America Food Service Packaging Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Material (Plastic, Metal, and Others), Packaging Type (Flexible and Rigid), and Application (Beverages, Prepared Meals, Fruits and Vegetables, Bakery and Confectionery, Dairy Products, and Others)

TIPRE00005720 | Pages: 136 | Food and Beverages | Mar 2022 | Type: Regional | Status: Published

The North America food service packaging market was valued at US$ 24,502.38 million in 2021 and is projected to reach US$ 34,995.67 million by 2028. It is expected to grow at a CAGR of 5.2% from 2021 to 2028.

Packaging plays an essential role in maintaining quality and keeping food safe during handling and transportation. Food service packaging protects the food products from contamination caused by microorganisms, air, and moisture.

In 2020, the US held the largest revenue share of the North America food service packaging market. The US food service packaging market is mainly driven by consumers' growing preferences for convenience food products and the increasing trend of food takeaways. Further, players operating in the food service packaging market are adopting various strategies, such as new product launches, expansion, mergers & acquisitions, contributing to the market growth in the country.

 

Impact of COVID-19 Pandemic on North America Food Service Packaging Market

The COVID-19 pandemic affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The pandemic has disturbed manufacturing processes due to restrictions imposed by government authorities in various countries. The rapid spread of COVID-19 has posed unprecedented challenges to the food service industry. Social distancing policies in various countries across North America enforced the closure of restaurants, bars, and clubs.

 

However, as the economies began their revival in 2021, the demand for various food service packaging products rose for several applications. The need for single-use packaging, containers with anti-microbial additives, or packaging that reduces human handling is accelerating.

 

North America Food Service Packaging Market Breakdown –by Region

North America Food Service Packaging Market Breakdown –by Region

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Market Insights

Proliferation in Production Capacity of Packaging Products

The demand for food packaging is increasing at a high rate due to rising consumer interest in consuming fresh products with an extended shelf-life and controlled quality. This factor helps food packaging manufacturers design and develop new and safe packaging products. The rising population puts extra pressure on the food production sector to adopt advanced food packaging solutions to reduce food wastage. Continuous rise in the demand for frozen, processed, and semi-processed food items by individuals with higher nutritional values, is supporting the food packaging manufacturers to increase their production capacity of packaging products to diversify product categories.

Convenience is one of a factor accountable to boost adoption of fresh and nutritious ready-to-cook meals, and hence the demand for easy-to-cook packaging is rising. Due to time constraint faced by the individuals, ready-to-cook meals help the masses to manage their eating time. Continuous rise in demand for frozen, processed & semi-processed food items by the individuals with higher nutritional values, is supporting the food packaging manufacturers to increase their production capacity of packaging products for diversified product categories.

Packaging Type Insights

Based on packaging type, the North America food service packaging market has been segmented into flexible and rigid. The rigid segment held a larger share in the North America food service packaging market in 2020. The rigid packaging consists of cans, bottles, jars, plastic pots, aerosol containers, tins, and aluminum bottles used to pack and store different food and beverage items. These containers give such physical protection to the food, which is not offered by flexible packaging. The rising demand for pre-prepared food from the end users is increasing the production of rigid containers.

 

North America Food Service Packaging Market, by Packaging Type – 2020 and 2028

North America Food Service Packaging Market, by Packaging Type – 2020 and 2028

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Strategic Insights

 

Amcor plc; Berry Global Inc.; Huhtamaki; Genpak, LLC; WestRock Company; Sealed Air; Ball Corporation; DS Smith; Graham Packaging Company; and Graphic Packaging Holding Company are some of the players in the North America food service packaging market. Players operating in the market are constantly focusing on strategies, such as mergers & acquisitions, and expansion to expand their footprints. These market players are highly focused on developing high-quality and innovative product offerings to fulfill the customer's requirements.

Report Spotlights

  • Progressive industry trends in the North America food service packaging market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the North America food service packaging market from 2019 to 2028
  • Estimation of demand for North America food service packaging
  • Recent developments to understand the competitive market scenario
  • Market trends and outlook and factors driving and restraining the growth of the North America food service packaging market
  • Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
  • The size of the North America food service packaging market at various nodes
  • Detailed overview and segmentation of the market, as well as the North America food service packaging industry dynamics
  • Size of the North America food service packaging market in various regions with promising growth opportunities

 

North America Food Service Packaging Market

Material

  • Plastic
  • Metal
  • Others

Packaging Type

  • Flexible
  • Rigid

Application

  • Beverages
  • Prepared Meals
  • Fruits and Vegetables
  • Bakery and Confectionery
  • Dairy Products
  • Others

 

Company Profiles

  • Amcor plc
  • Berry Global Inc.
  • Huhtamaki
  • Genpak, LLC
  • WestRock Company
  • Sealed Air
  • Ball Corporation
  • DS Smith
  • Graham Packaging Company
  • Graphic Packaging Holding Company

1.           Introduction

1.1          Study Scope

1.2          The Insight Partners Research Report Guidance

1.3          Market Segmentation

1.3.1          North America Food Service Packaging Market, by Material

1.3.2          North America Food Service Packaging Market, by Packaging Type

1.3.3          North America Food Service Packaging Market, by Application

1.3.4          North America Food Service Packaging Market, by Country

2.           Key Takeaways

3.        Research Methodology

3.1          Scope of the Study

3.2          Research Methodology

3.2.1          Data Collection:

3.2.2          Primary Interviews:

3.2.3          Hypothesis formulation:

3.2.4          Macro-economic factor analysis:

3.2.5          Developing base number:

3.2.6          Data Triangulation:

3.2.7          Country level data:

4.           North America Food Service Packaging Market Landscape

4.1          Market Overview

4.2          Pest Analysis

4.2.1          North America – PEST Analysis

4.3          Expert Opinion

5.           North America Food Service Packaging Market – Key Market Dynamics

5.1          Market Drivers

5.1.1          Proliferation in Production Capacity of Packaging Products

5.1.2          Changing Customer Preferences for High-Quality and Standard Products

5.2          Market Restraints

5.2.1          Complicated Nature of Supply Chain Business

5.3          Market Opportunities

5.3.1          Significant Market Attractiveness for Recycling, Reusable, and Eco-Friendly Materials

5.3.2          Evolving Online Food Ordering Market

5.4          Future Trends

5.4.1          Advent of Smart and Intelligent Packaging Materials in Food Industry

5.5          Impact Analysis

6.           North America Food Service Packaging – Market Analysis

6.1          North America Food Service Packaging Market Overview

6.2          North America Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

6.3          Market Positioning – North America Food Service Packaging Market Players

7.           North America Food Service Packaging Market Analysis – By Material

7.1          Overview

7.2          North America Food Service Packaging Market Breakdown, By Material, 2020 and 2028

7.3          Plastic

7.3.1          Overview

7.3.2          North America Plastic Revenue and Forecasts To 2028 (US$ Million)

7.4          Metal

7.4.1          Overview

7.4.2          North America Metal Revenue and Forecasts To 2028 (US$ Million)

7.5          Others

7.5.1          Overview

7.5.2          North America Others Market Revenue and Forecasts To 2028 (US$ Million)

8.           North America Food Service Packaging Market Analysis – By Packaging Type

8.1          Overview

8.2          North America Food service packaging Market Breakdown, BY PACKAGING TYPE, 2020 and 2028

8.3          Flexible

8.3.1          Overview

8.3.2          North America Flexible Market Revenue and Forecasts To 2028 (US$ Million)

8.4          Rigid

8.4.1          Overview

8.4.2          North America Rigid Market Revenue and Forecasts To 2028 (US$ Million)

9.           North America Food Service Packaging Market Analysis – By Application

9.1          Overview

9.2          North America Food service packaging Market Breakdown, By application, 2020 and 2028

9.3          Beverages

9.3.1          Overview

9.3.2          North America Beverages Revenue and Forecasts To 2028 (US$ Million)

9.4          Prepared Meals

9.4.1          Overview

9.4.2          North America Prepared Meals Market Revenue and Forecasts To 2028 (US$ Million)

9.5          Fruits and Vegetables

9.5.1          Overview

9.5.2          North America Fruits and Vegetables Market Revenue and Forecasts To 2028 (US$ Million)

9.6          Bakery and Confectionery

9.6.1          Overview

9.6.2          North America Bakery and Confectionery Market Revenue and Forecasts To 2028 (US$ Million)

9.7          Dairy Products

9.7.1          Overview

9.7.2          North America Dairy Products Market Revenue and Forecasts To 2028 (US$ Million)

9.8          Others

9.8.1          Overview

9.8.2          North America Others Market Revenue and Forecasts To 2028 (US$ Million)

10.        Food Service Packaging Market Revenue And Forecasts To 2028 – Geography

10.1.1        North America Food Service Packaging Market Breakdown, by Key Countries

10.1.1.1          U.S. Food Service Packaging Market Revenue and FORECASTS TO 2028 (US$ MILLION)

10.1.1.1.1           U.S Food Service Packaging Market Breakdown by Material

10.1.1.1.2           U.S. Food Service Packaging Market Breakdown by Packaging Type

10.1.1.1.3           U.S. Food Service Packaging Market Breakdown by Application

10.1.1.2          Canada Food Service Packaging Market Revenue and Forecasts To 2028 (US$ MILLION)

10.1.1.2.1           Canada Food Service Packaging Market Breakdown by Material

10.1.1.2.2           Canada Food Service Packaging Market Breakdown by Packaging Type

10.1.1.2.3           Canada Food Service Packaging Market Breakdown by Application

10.1.1.3          Mexico Food Service Packaging Market Revenue and Forecasts To 2028 (US$ Million)

10.1.1.3.1           Mexico Food Service Packaging Market Breakdown by Material

10.1.1.3.2           Mexico Food Service Packaging Market Breakdown by Packaging Type

10.1.1.3.3           Mexico Food Service Packaging Market Breakdown by Application

11.        Impact of COVID-19 Pandemic on North America Food Service Packaging Market

11.1        North America: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1        Overview

12.2        Market Initiative

12.3        New Product Development

12.4        Merger and Acquisition

13.        Company Profiles

13.1        Amcor PLC

13.1.1        Key Facts

13.1.2        Business Description

13.1.3        Products and Services

13.1.4        Financial Overview

13.1.5        SWOT Analysis

13.1.6        Key Developments

13.2        Berry Global Inc.

13.2.1        Key Facts

13.2.2        Business Description

13.2.3        Products and Services

13.2.4        Financial Overview

13.2.5        SWOT Analysis

13.2.6        Key Developments

13.3        Huhtamaki

13.3.1        Key Facts

13.3.2        Business Description

13.3.3        Products and Services

13.3.4        Financial Overview

13.3.5        SWOT Analysis

13.3.6        Key Developments

13.4        Genpak, LLC

13.4.1        Key Facts

13.4.2        Business Description

13.4.3        Products and Services

13.4.4        Financial Overview

13.4.5        SWOT Analysis

13.4.6        Key Developments

13.5        WestRock Company

13.5.1        Key Facts

13.5.2        Business Description

13.5.3        Products and Services

13.5.4        Financial Overview

13.5.5        SWOT Analysis

13.5.6        Key Developments

13.6        Sealed Air

13.6.1        Key Facts

13.6.2        Business Description

13.6.3        Products and Services

13.6.4        Financial Overview

13.6.5        SWOT Analysis

13.6.6        Key Developments

13.7        Ball Corporation

13.7.1        Key Facts

13.7.2        Business Description

13.7.3        Products and Services

13.7.4        Financial Overview

13.7.5        SWOT Analysis

13.7.6        Key Developments

13.8        DS Smith

13.8.1        Key Facts

13.8.2        Business Description

13.8.3        Products and Services

13.8.4        Financial Overview

13.8.5        SWOT Analysis

13.8.6        Key Developments

13.9        Graham Packaging Company

13.9.1        Key Facts

13.9.2        Business Description

13.9.3        Products and Services

13.9.4        Financial Overview

13.9.5        SWOT Analysis

13.9.6        Key Developments

13.10     Graphic Packaging Holding Company

13.10.1      Key Facts

13.10.2      Business Description

13.10.3      Products and Services

13.10.4      Financial Overview

13.10.5      SWOT Analysis

13.10.6      Key Developments

14.        Appendix

14.1        About The Insight Partners

14.2        Glossary of Terms

 

 

LIST OF TABLES

Table 1.              North America Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.              U.S. Food Service Packaging Market Revenue and Forecasts To 2028 – By Material (US$ Million)

Table 3.              U.S. Food Service Packaging Market Revenue and Forecasts To 2028 – By Packaging Type (US$ Million)

Table 4.              U.S. Food Service Packaging Market Revenue and Forecasts To 2028 – By Application (US$ million)

Table 5.              Canada Food Service Packaging Market Revenue and Forecasts To 2028 – By Material (US$ Million)

Table 6.              Canada Food Service Packaging Market Revenue and Forecasts To 2028 – By Packaging Type (US$ Million)

Table 7.              Canada Food Service Packaging Market Revenue and Forecasts To 2028 – By Application (US$ Million)

Table 8.              Mexico Food Service Packaging Market Revenue and Forecasts To 2028 – By Material (US$ Million)

Table 9.              Mexico Food Service Packaging Market Revenue and Forecasts To 2028 – By Packaging Type (US$ Million)

Table 10.            Mexico Food Service Packaging Market Revenue and Forecasts To 2028 – By Application (US$ Million)

Table 11.            Glossary of Terms, North America Food Service Packaging Market

 

 

LIST OF FIGURES

Figure 1.            North America Food Service Packaging Market Segmentation

Figure 2.            North America Food Service Packaging Market Segmentation – By Country

Figure 3.            North America Food Service Packaging Market Overview

Figure 4.            North America Food Service Packaging Market, By Packaging Type

Figure 5.            North America Food Service Packaging Market, by Country

Figure 6.            North America Food Service Packaging Market, Industry Landscape

Figure 7.            North America – Pest Analysis

Figure 8.            Expert Opinion

Figure 9.            North America Food Service Packaging Market Impact Analysis of Drivers and Restraints

Figure 10.          Geographic Overview of North America Food Service Packaging Market

Figure 11.          North America Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.          North America Food service packaging Market Breakdown By Material, 2020 and 2028 (%)

Figure 13.          North America Plastic Market Revenue and Forecasts To 2028 (US$ million)

Figure 14.          North America Metal Market Revenue and Forecasts To 2028 (US$ million)

Figure 15.          North America others Market Revenue and Forecasts To 2028 (US$ million)

Figure 16.          North America Food service packaging Market Breakdown By Packaging Type, 2020 and 2028 (%)

Figure 17.          North America Flexible Market Revenue and Forecasts To 2028 (US$ Million)

Figure 18.          North America Rigid Market Revenue and Forecasts To 2028 (US$ million)

Figure 19.          North America Food service packaging Market Breakdown By Application, 2020 and 2028 (%)

Figure 20.          North America BEVERAGES Market Revenue and Forecasts To 2028 (US$ Million)

Figure 21.          North America Prepared Meals Market Revenue and Forecasts To 2028 (US$ Million)

Figure 22.          North America Fruits and Vegetables Market Revenue and Forecasts To 2028 (US$ Million)

Figure 23.          North America Bakery and Confectionery Market Revenue and Forecasts To 2028 (US$ Million)

Figure 24.          North America Dairy Products Market Revenue and Forecasts To 2028 (US$ Million)

Figure 25.          North America Others Market Revenue and Forecasts To 2028 (US$ Million)

Figure 26.          North America Food Service Packaging Market Breakdown by Key Countries, 2020 and 2028(%)

Figure 27.          U.S. Food Service Packaging Market Revenue and Forecasts To 2028 (US$ MILLION)

Figure 28.          Canada Food Service Packaging Market Revenue and Forecasts To 2028 (US$ million)

Figure 29.          Mexico Food Service Packaging Market Revenue and Forecasts To 2028 (US$ MILLION)

Figure 30.          Impact of COVID-19 Pandemic in North America

  1. Amcor PLC
  2. Berry Global Inc.
  3. Huhtamaki
  4. Genpak, LLC
  5. WestRock Company
  6. Sealed Air
  7. Ball Corporation
  8. DS Smith
  9. Graham Packaging Company
  10. Graphic Packaging Holding Company

 

 

  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America food service packaging market, thereby allowing players to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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