Foldable container including a base having a first base portion and an opposing second base portion. The base has a base surface free of hinge lines between the first base portion and the second base portion. A sidewall surrounds the base and extends generally upward from the base to define a compartment. A rim having a first rim portion and an opposing second rim portion is disposed proximate the top edge of the sidewall. At least one transition region is formed in the sidewall to allow the first base portion to pivot between an open position and a closed position, When in the open position, the container defines a plate. When in the closed position, the first base portion defines at least a portion of a cover relative to the second base portion. A packaged product is also provided, including a foldable container and a cover member removably attached to the rim of the foldable container in the open position to contain a product therein.