Portion Cups Market Scope
Portion cups are an effective way to package food items so that everyone can enjoy a little bit of everything without taking too much and letting it go to waste. An elegant and creative portion cup can make an impression on the people at the time of food delivery. Eco-friendly portion cups that fit in well with any catering service and in the food & beverages industry. Portion cups are specialized packaging products that are provided as containers for end-users. These cups are generally medium-size but size can vary depending on their usage and applications. The materials utilized to make these packaging products are plastic, paper, aluminum foil, even sugarcane, or some other biodegradable materials.
The Portion Cups market study is segmented, by Application (Tomato Sauce, BBQ Sauce, Guacamole, Hummus, Soups, Dressings/Toppings, Bakery, Dairy, Ice Creams and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Portion Cups market throughout the predicted period.
Huhtamaki Oyj (Finland), Dart Container Corporation (United States), Pactiv (United States), Georgia-Pacific (United States), International Paper (United States), The Waddington Group (United States), Lollicup USA, Inc. (United States), Berry Global (United States), Sonoco Products (United States), Genpak LLC (United States) and D&W Fine Pack (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Amhil North America (Canada), Fabri-Kal Corporation (United States) and Polar Pak Company (Canada).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Portion Cups market by Type, Application and Region.
On the basis of geography, the market of Portion Cups has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In January 2020 - Huhtamaki acquired the assets and operations of Mohan Mutha Polytech Private Limited (MMPPL) in India. The acquisition is expected to speed up its growth in India by improving its capability to serve the customers in South India.
In July 2019, Berry Global Group, Inc. has announced the completion of its acquisition of RPC Group Plc (RPC). The combination of Berry and RPC creates a leading global supplier of value-added protective solutions and one of the world’s largest plastic packaging companies., and In May 2018, Novolex announced it will acquire The Waddington Group from Newell Brands, Inc. The transaction is expected to close in approximately 60 days.
- Demand for Eco-Friendly or Recyclable Portion Cups
- Growth of Commercial Food Service
- Low Costs of Raw Materials Resulting in Low-Cost Products for End-Consumption
- Changes in lifestyle resulting in increased consumption of fast-food services
- Popularity of Takeaway Services Requiring Packaging Products and Services
- Reduced Demand for Packaged Condiments, Gravies & Sauces
- Presence of Strict Compliances from the Authorities Regarding the Usage of Plastics
- Complications in the Usage of Certain Portion Cups Made out of Paper, Certain Plastics, and Sugarcane
Key Target AudiencePortion Cups Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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