Automated Storage and Retrieval Systems Market to Grow Rapidly at a CAGR of Approximately 7.6% durin

In terms of volume, a CAGR of 6.9% has been slated for the global food service packaging market throughout the forecast period (2017-2026), according to a new Fact.MR report. Worldwide sales of food service packaging are poised to account for over US$ 170,000 Mn revenues by 2026-end. With surging health-consciousness among consumers across the globe, numerous commercial as well as non-commercial foodservice outlets, with healthy and nutritious meal offerings, have emerged since the recent past, enabling consumers in curbing their calorie intake.This is further creating the need for efficient & effective packaging solutions in the foodservice settings. Additionally, changing consumer demand patterns regarding food packaging, growing preference for ready-to-eat foods, and increasing emphasis on utilization of convenient packaging have fuelled demand for foodservice packaging. Players in the  food service packaging market  have been introducing innovative packaging solut...