Foodservice Cup Sales to Reach $5.4 Billion in 2021

Beverage cups hold the largest share of this demand by far

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Jan 17, 2018, 11:04 ET

CLEVELAND, Jan. 17, 2018 /PRNewswire/ -- Foodservice cup demand will grow 3.3% annually through 2021 to $5.4 billion, accounting for just under half of single-use serviceware demand. Beverage cups hold the largest share of this demand by far – over 90% of the total – with the remainder being portion cups. Beverage cups will post slightly faster growth through 2021. These and other trends are presented in Foodservice Single-Use Products in the US, a new study from The Freedonia Group, a Cleveland-based industry research firm.

More information about this study is here: https://www.freedoniagroup.com/industry-study/foodservice-single-use-products-in-the-us-by-product-and-market-3543.htm

Supporting growth will be the general rise in foodservice revenues along with foodservice trends such as:

specialty hot and cold beverages, especially iced and cold brew coffee, along with fruit-based drinks, like juices and smoothies
increased foodservice sales at retail establishments offering various beverage options
increased hot and cold drinks consumed on-the-go
delivery options requiring durable portion cups for sauces

Demand for single-use disposable foodservice products, including packaging and serviceware, is forecast to increase 3.2% annually to $21.8 billion in 2021. Growth will be driven by the increased options and convenience of meals prepared or consumed away from home. Demand will also be supported by a shift toward the use of higher value products featuring durable plastic or compostable materials.

Related studies include:
#3529 Packaging Films Market in the US (July 2017)
#3527 Wipes Market in the US, 8th Edition (June 2017)

About The Freedonia Group, a division of MarketResearch.com – The Freedonia Group is a leading international industrial research company publishing more than 100 studies annually. Since 1985, we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Additional Packaging studies can be purchased at www.freedoniagroup.com, www.marketresearch.com and www.profound.com.

Press Contact:
Corinne Gangloff
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SOURCE The Freedonia Group