Global Portion Cups Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Portion Cups Market 2021 (Includes Business Impact of COVID-19)
Global Portion Cups Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global portion cups market report has been segmented on the basis of material type, capacity, application, end user, distribution channel, and region.
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Global Portion Cups Market: Overview


Portion cups are medium sized containers which are used for storage and packaging of various foodstuff. It is usually made up of materials such as aluminum, plastics, aluminum foil, and others


Global Portion Cups Market: Dynamics


The rapid growth of the food and beverages industry along with a growing number of foodservice outlets all across the globe are some major factor estimated to drive growth of the global market. In addition, the availability of these cups in various storage capacities and materials is another factor expected to augment the target market growth. Moreover, increasing awareness of cross-cultural cuisines and the growing popularity of fast food among the youth population are some additional factors anticipated to augment growth of the target market over the forecast period.

However, stringent regulations of government authorities and regulatory bodies regarding usage of plastics may hamper growth of the target market to a certain extent.


Global Portion Cups Market: Segmental Analysis


Among the material type segments, the plastic sub-segment bioplastics are expected to register substantial growth, owing to increasing demand for biodegradable and eco-friendly packaging solution among manufacturers.

Growing consumption of international cuisines is anticipated to propel growth of the sauces and dressings or toppings segments among the application segments.

Among the end user segments, the food service outlets segment is anticipated to register substantial growth, owing to the increasing number of food service providers coupled with the growing consumption of fast food among the young populace.

Among the distribution channel segments, the retailers segment is projected to account significant revenue shares in the global market.


Global Portion Cups Market: Regional Analysis


The market in the Asia Pacific dominates global portion cups market and is projected to register significant growth in terms of revenue over the forecast period. A strong base of population, rapid urbanization, industrialization, economic growth, along with rapidly growing food and beverage sector are some of the major factors expected to fuel growth of the portion cups market in countries such as China and India in the region. Moreover, increasing consumption of salads, dressings and condiments and adoption of western food culture are some factors expected to support the revenue growth of the target market in this region. Furthermore, a growing number of hotels, restaurants, and food retail chains in emerging countries is a key factor projected to augment growth of the target market.

North America portion cups market is estimated to register considerable growth, due to increasing consumption of ready-to-eat food items including bakery items, dairy products. Moreover, an increasing number of the working population and increasing spending power are some of the major factors anticipated to support the revenue growth of the target market in this region.

Global Portion Cups Market Segmentation:

Segmentation by Material Type:

  
Plastic
  
Paper
  
Aluminum Foil
  
Sugarcane
  
Others (Bioplastics, Polyamide, Polyethylene terephthalate)

Segmentation by Capacity:

  
Up to 1 Oz
  
1 to 4 Oz
  
4 to 6 Oz
  
Above 6 Oz

Segmentation by Application:

  
Sauces
  
Guacamole
  
Soups
  
Dressings or Toppings
  
Bakery and Confectionary
  
Dairy Products
  
Others (Hummus, Ice Creams)

Segmentation by End User:

  
Food Service Outlets
  
Institutional
  
Households

Segmentation by Distribution Channel:

  
Direct Sales
  
Retailers
  
E-retail


Key Market Players included in the report: