Freedonia In The News
Article Title: US demand for foodservice packaging defies economic odds / Market expected to reach USD 7.9 bn in 20
Publication: Plastics Information Europe, 6/9/2010
Freedonia Study: Foodservice Packaging: Bulk & Portion Control (2642)
Quote from article
On the back of the popularity of ready-to-eat foods, US demand for foodservice packaging is expected to grow at 2.5% per year, reaching USD 7.9 bn in 2014, a new report by US market researchers Freedonia (Cleveland, Ohio; www.freedoniagroup.com) has found. In 2004, total US foodservice packaging demand still stood at USD 5.4 bn. Flexible packaging applications are expected to grow at 3.3% per year to a total value of USD 3.6 bn in 2014, whereas rigid packaging applications will enjoy growth rates of 1.9%, reaching USD 4.3 bn in five years’ time.
Display Full Text of Article
Return to Document