Newly released data from food partition trays market analysis shows that global demand of the overall food partition trays market is forecasted to expand at a value compound annual growth rate (CAGR) of ~5.0% from 2021-2031 and reach millions of units by 2031.
Global Food Partition Trays Market: Market Outlook
The food partition tray is also called a food compartmental tray. These food partition trays are partitioned or combined with slightly raised edges made up of plastic, wood, metal, and paper. The food partition trays are used to serve a variety of items in a single food tray with the separable barrier with no additional requirement of bowls and plates.
These food partition trays are available in various shapes, rectangle, square, and circle with varied spaces. The multi-compartment food tray is available in different sizes and shapes. The food partition trays are also available with the attached closing lid for the better handling of the food partition trays.
The food partition trays are comprised of a planar base and sidewalls with internal partitions running parallel to the planar base. Each of the internal partitions of the tray has its first end attached either to or to a respective sidewall of the tray or a respective corner of the tray.
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What are the Key Trends Impacting Growth of the Food Partition Trays Market?
The food partition trays with the attached lids are used for the enhanced safety of the food with a protective shield over the tray and also provide ease & convenience to the customer while handling the tray. The food partition trays made up of compostable material like sugar bagasse and various other compostable material are gaining demand in the food partition tray market owing to the easy compostability and recyclability after use.
The compostable or eco-friendly food partition trays are also used in maintaining the temperature regulation of the food for a longer time as compared to the paper and plastic trays owing to the extraordinary physical properties and presence of the lid over the tray.
How is the Demand for Eco-friendly Food Partition Trays Increasing as Compared to Plastic/Paper Food Partition Trays?
The eco-friendly food partition trays are manufactured using left-over waste material like bagasse which is 100% compostable and sustainable. Apart from sustainability, the eco-friendly food partition trays also offer the added durability, strength, temperature regulation, etc. which ultimately leads to ease & convenience and enhanced customer satisfaction. The eco-friendly trays are the “greener” serving option trending in the restaurant, fast-food, take-away, and delivery services.
The eco-friendly food partition trays are not only gaining demand owing to the aim to attain sustainability but also as a better alternative in the food industry while serving the food.
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What are the Key Challenges that may Restrain the Growth of the Food Partition Trays Market?
The manufacturing of the food partition trays requires the added machinery or equipment to create the partition and the food holders (blocks) on the tray. The food partition trays make the use of enhanced technology which can be a restraining factor for the new entrants (manufacturers) entering the food partition tray market. The cost of the food partition tray is on a higher side as compared to the normal tray with no compartments or partitions.
Key Asian players manufacturing food partition trays are Standard Food Packaging, AS Food Packaging Greendale, Zhejiang Zhongxin Environmental Protection Technology Co., Ltd., Taizhou Fuling Plastics Co., Ltd., Foshan Nanhai Man Luen Plastic Packaging Co., Ltd., Garima Polymers, Prithvi Polymers and Industries Pvt. Ltd.
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What Strategies are the Key Players Adopting for Increasing their Market Share in the Food Partition Trays Market?
The manufacturers involved in the manufacturing of food partition trays are involved in investing the capital in the new technology which will result in the manufacturing of the trays with innovative design and added sustainability to the product.
In August 2021, at Drive & Dine, in Kanpur, golf carts started delivering food to cars packed in designated spots. This is was launched during the pandemic to continue surviving the hospitality services and realized drive-in-dinner had a positive response to capitalize on their expansive property.
In August 2018, Araven, a Spanish manufacturer of trays, designed a five compartment tray with a design that holds one tray into the other tray after the use. These trays are used in hospitals, canteens, residences, schools, etc.
What are the Key Opportunities for Food Partition Trays Market?
The majority of the fast-food businesses and the restaurant business area looking forward to the more efficient options in attaining sustainability in the food partition trays market. The eco-friendly trays along with the opening lids or flaps not only serve as a sustainable option but also provide enhanced durability and ease & convenience in handling the food trays.
The aluminium food partition tray is used for the enhanced temperature regulation of the food with a variety of food servings in the tray.
Why is the U.S. a Big Market for Food Partition Trays Market?
The majority of the key players manufacturing food partition trays have their presence in the U.S. which is the key factor driving the growth of the food partition trays market. Adding to this, also the changing technologies in the packaging industry by emphasizing research & development activities leading to extended food protection with the usage of the tray lid is acting as a boon towards the growth of the food partition trays market.
The majority of the presence of fast-food restaurants in the U.S. is also escalating the growth of the food partition trays market.
How has the COVID-19 pandemic Impacted the Food Partition Trays Market?
The COVID-19 pandemic has slightly to moderately affected the food partition trays owing to the coronavirus pandemic wherein the food businesses were completely closed when the corona infection was at its peak. After the slight reduction of the coronavirus severity and decrease in the infection and thereby cases, the delivery and takeaway services made the most use of the food partition trays.
Also, the upliftment in the restrictions framed by the regulatory bodies and government is forecasted to boost the market for food partition trays owing to its use in canteens, fast food restaurants, and hotels.
Key Segments of Food Partition Trays Market Covered in the Report
