Foodservice Disposables Sales to Reach $14.2 Billion by '07

CLEVELAND - Foodservice business growth is expected to increase demand for disposables by 4.3% per year to $14.2 billion by 2007, according to The Freedonia Group, Inc., an
industrial market research firm based here.

Away-from-home food expenditure growth will reflect increased consumer willingness to pay for convenient, ready-to-eat offerings, the researcher stated. Also important are the trends toward more sophisticated offerings in the limited service restaurant segment and the rising popularity of takeout food from full service restaurants.

The strongest opportunities for foodservice disposables are anticipated for packaging products, with lids and wraps expected to post the fastest gains, The Freedonia Group noted.

Read more about this study and foodservice distribution executives' observations to it in the upcoming Feb. 27 edition of ID Report

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Operations

Hitting resistance elsewhere, ghost kitchens and virtual concepts find a happy home in family dining

Reality Check: Old-guard chains are finding the alternative operations to be persistently effective side hustles.

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Financing

For Papa Johns, the CEO departure came at the wrong time

The Bottom Line: The pizza chain worked to convince franchisees to buy into a massive marketing shift. And then the brand’s CEO left.

Trending

More from our partners