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Showing posts with the label Food Service Disposable Market 2028

Food Service Disposable Market Is Likely To Up Demand At A USD 79.2 Billion By 2028

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  San Francisco, 20 July 2021:   The Report  Food Service Disposable Market  Size, Share & Trends Analysis Report By Packaging Type (Flexible, Rigid), By Material (Plastic, Polylactic Acid), By Application (Online, Food Service), By Region, And Segment Forecasts, 2021 - 2028 The global food service disposable market size is expected to reach USD 79.2 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% over the forecast period. The increasing popularity of Quick-Service Restaurants (QSRs), especially in the developing regions, such as Asia Pacific, owing to hectic work schedules is expected to aid the market growth over the forecast period. The online food delivery application segment is expected to register the highest CAGR over the forecast period, which is propelled by the outbreak of COVID-19 causing a rise in online food delivery across the globe. In 2020, the online food delivery services sector was valued at over USD 21.3 billi