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Coherent Market Insights
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Foodservice Disposable Distribution System Market Revenues to Rake in at a CAGR by 2026
Rising demand for fast food is one of the major factors driving growth of the food service disposable distribution systems market.

BriefingWire.com, 9/11/2019 - Rising demand for fast food is one of the major factors driving growth of the food service disposable distribution systems market. High demand for fast food is majorly attributed to rising working population, especially in the emerging economies such as India, China and Japan among others. According to Coherent Market Insights, the chained restaurant market in India was valued at US$ 6.77 Bn in 2016 and the slated to expand at a CAGR of more than 12% from 2018-2025. Rapid penetration of fast food manufacturers in emerging economies such as India and China, on account of rising demand for such food items have paved the way for foodservice disposable distribution systems.

To Get Report Page: https://www.coherentmarketinsights.com/market-insight/foodservice-disposable-distribution-system-market-1703

According to Coherent Market Insights, high demand for fast food in India is majorly attributed to rising millennial population, with the median age of the population being 28. The country has relatively high young population, which rely on food services due to busy schedule and lack of enough time to cook traditional meals. Therefore, such factors are propelling demand for fast food, in turn driving growth of the foodservice disposable distribution systems market in the region.

Among product type, the tableware disposables segment accounted for major market share of 43.2% in 2016, and is expected retain market dominance throughout the forecast period. Among distribution channel, wholesale segment accounted for marker share of 77.6% in 2016, and is expected to retain market dominance throughout the forecast period. Furthermore, end-users of food service disposables prefer adopting tableware disposable products and durable plastic glasses in bulk, which is driving growth of this segment. Moreover, on the basis of application, the market is segmented into restaurants, bars & pubs, clubs, food service providers & caterers, and others.

To Get Report Page: https://www.coherentmarketinsights.com/market-insight/foodservice-disposable-distribution-system-market-1703

Some of the key players operating in the foodservice disposable distribution systems market include Dispo International, EFG Foodservice, First Pack, Go-Pak Group, and MBS Wholesale Ltd. among others.

 
 
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