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