U.S. Compostable Foodservice Packaging Market - Industry Trends and Forecast to 2029

U.S. Compostable Foodservice Packaging Market, By Product Type (Bags, Cups, Pouches & Sachets, Bowls, Trays, Plates, Clamshells, Cutlery, Straws, Lids, Films, Others), Material (Plastic, Paper & Paperboard, Others), Packaging Layer (Primary Packaging, Secondary Packaging, Tertiary Packaging), Distribution Channel (B2B, Supermarkets/Hypermarkets, Convenience Stores, Departmental Stores, Specialty, Stores, E-Commerce, Others), End-User (Fruits & Vegetables, Dairy Products, Bakery & Confectionary, Meat, Fish & Poultry, Convenience Food, Sauces, Dressings & Condiments, Others) Industry Trends and Forecast to 2029

Market Definition
Compostable products are those products which can biodegrade and disintegrate into natural elements such as biomass, water, and carbon dioxide in a composting environment and leaving no harmful element in the soil. The compostable foodservice packaging material contains plastics, paper & paperboards and others. These compostable mimic conventional plastic's positive qualities, such as shelf stability, barrier properties, durability with one difference, i.e. these materials are fully compostable. Compostable material is providing nutrients to the earth when it has completely broken down. In order for packaging material and products to qualify as compostable, they must completely decompose and break down into natural elements within a short time after disposal.

Market Segmentation
The U.S. compostable foodservice packaging market is segmented into five notable segments based on product type, material, packaging layer, distribution channel and end-user
• On the basis of product type, the market is classified into bags, cups, pouches & sachets, bowls, trays, plates, clamshells, cutlery, straws, lids, films and others
• On the basis of material, the market is classified into plastic, paper & paperboard and others. 
• On the basis of packaging layer, the market is classified into primary packaging, secondary packaging and tertiary packaging
• On the basis of distribution channel, the market is classified into B2B, supermarkets/hypermarkets, convenience stores, departmental stores, specialty, stores, e-commerce and others
• On the basis of end-user, the market is classified into seven segments fruits & vegetables, dairy products, bakery & confectionary, meat, fish & poultry, convenience food, sauces, dressings & condiments and others

Market Players
Some of the major players operating in the U.S. compostable foodservice packaging market are:
• Genpak, LLC
• BASF SE
• BeGreen Packaging
• Dart Container Corporation
• Amcor Plc
• Huhtamaki
• WestRock Company
• Karat by Lollicup.
• Pactiv Evergreen Inc. 
• Biodegradable Food Service, LLC