North America Food Service Packaging Market

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

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

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

North America Food Service Packaging Strategic Insights

Strategic insights for the North America Food Service Packaging provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Food Service Packaging Report Scope

North America Food Service Packaging Regional Insights

The geographic scope of the North America Food Service Packaging refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.