The global sales of disposable curd cups are estimated to be worth USD 1.3 billion in 2021 and are anticipated to reach a value of USD 2.2 billion by 2031. Sales are projected to rise at a CAGR of 5.8% over the forecast period between 2021 and 2031. The revenue generated by disposable curd cups in 2020 was USD 1.2 billion.
The market is projected to be driven by continuous research & development activities in sustainable packaging, increasing shift in the ease & convenience while handling the product and the customizations available in the disposable packaging.
Escalating demand for dairy food products driven by health conscious consumers and need for probiotics and protein rich food is primarily driving the market. Increasing prevalence of on the go consumption is leading the surge in demand for disposable curd cups. Disposable curd cups are easy to carry, lightweight, and convenient way for curd consumption.
The rising urban population and busier lifestyles has increased the preference of ready to eat food items and single serve dairy products. This has further pushed the demand for disposable curd cups market. Manufacturers are focusing in developing innovative designs and sustainable materials for disposable curd cups to meet the demand for on the go and portion control consumption.
Global Disposable Curd Cups Industry Assessment
Attributes | Key Insights |
---|---|
Historical Size, 2020 | USD 1.2 billion |
Estimated Size, 2021 | USD 1.3 billion |
Projected Size, 2031 | USD 2.2 billion |
Value-based CAGR (2021 to 2031) | 5.8% |
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Disposable curd cups are a type of disposable tableware food packaging which is manufactured with the goal of single-use after the single consumption. The disposable curd cups are available in two packaging formats, paper, and plastic. These disposable curd cups are manufactured using high-impact polystyrene (HIPS) and are available in all shapes and sizes.
The disposable curd cups are easy to handle, leak-free, and recyclable. Owing to the high-grade HIPS plastic, these disposable curd cups are capable of withstanding the acidity of the curd. These disposable curd cups are available with closable lids which add enhanced protection to the storage and transportation of the curd cups. These disposable curd cups are available in plain as well as the printed cup formats.
The disposable curd cups are available in different shapes and sizes and are customized into various shapes and sizes depending upon the customized requirements in the design and prints of the cup.
The majority of the manufacturers involved in manufacturing disposable curd cups are involved in the elimination of the plastic with the other packaging materials like thin metal cups made from aluminium, paper board cups, etc.
The disposable paper curd cups are also manufactured from the recyclable paper waste material which is also enhancing the sustainability trend and also is responsible for creating less pollution with less release of carbon emissions. The disposable cups with the use of sustainable or green tags are enhancing the packaging properties of the product thereby also leading to an increase in the sales of the product.
The disposable curd cups are manufactured with the use of paper-based or recyclable plastic material. Compared to the traditional curd cups, the disposable curd cups are completely disposable with the minimum release of carbon emission in the air as compared to the traditional curd cups which uses rigid plastic materials which have a high density of plastic material which on burning leads to cause pollution and are not decomposable.
The disposable cups are also lighter in weight as compared to the traditional curd cups as it makes the use of lighter plastic material in comparison with the traditional curd cups.
The disposable curd cups involve the latest technology in the manufacturing of the disposable cups which can be a restraining factor of the new entrants or the local players operating in the market. Also, the disposable curd cups are not able to withstand the high pressure when stacked together during transportation and storage.
Therefore, the disposable curd cups require additional packaging for the safety of the curd inside the cups which will prevent the spillage of the food product (curd) while transportation and storage.
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The following global key players such as
Key Asian players manufacturing disposable curd cups are Leetha Group, Jallan Polypack India, Swan International, Durga Polyplast, Guangzhou Jianxin Plastic Products Co., Ltd., and Wuhan Yoon Import & Export Co., Ltd.
The manufacturers involved in the manufacturing of disposable curd cups are involved in investing in the new technology which will boost the production of disposable curd cups. Also, the increasing demand for disposable curd cups owing to the increasing concern of sustainability is encouraging to enter the new entrants in the disposable curd cups market.
The majority of the manufacturers involved in the manufacturing of the disposable curd cups are strategizing the most use of waste that is generated and then utilizing it into the manufacturing of the new product. The disposable curd cups with the use of the 'green tags' can enhance the packaging characteristics and can also help to deliver an enhanced customer satisfaction experience while handling and opening the packaging.
The majority of the key players manufacturing disposable curd cups have their presence in the USA which is the key factor driving the growth of the disposable curd cups market. Adding to this, also the changing consumer, as well as manufacturer orientation towards the sustainable manufacturing and packaging of the products, is propelling the demand for disposable cold cups.
The continuously developing technology along with the well tech-updated packaging machinery is uplifting the demand for the disposable curd cups market.
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