With a predicted CAGR of 5.5 percent from 2022 to 2029, the global market for compostable foodservice packaging is expected to reach US$ 19.9 billion in sales in 2022 and US$ 28.8 billion by 2029. Trays and cups are expected to make up more than 45 percent of the total biodegradable foodservice packaging sold worldwide in 2022, …