Published on : Nov 02, 2017
Albany, New York, November 2, 2017: Retort pouches are changing the way many companies ship their food products. They are heat resistant bags made that are used in packaging of heat-treated food. It has been analyzed in a new study that retort pouches have gained momentum in demand of consumption of packed food in both developed and emerging economies owing to growth in urbanization, increase in disposable income, the rise in working-class population, etc. Market Research Hub (MRH) has recently publicized a new study titled, “Retort Pouches Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” to its mega-repository, which provides a comprehensive analysis of the current as well as future growth projections for the market. In order to explain the intensity of competition in the market, the report has been segmented geographically into major regions including North America, Europe, Asia Pacific excluding Japan, Latin America, and the Middle East and Africa.
Retort pouches and bags are laminated inside with several layers of metal foil and plastic films that can resist high temperature as well as intense pressure. Nowadays, they are being used as an alternative for cans in the food packaging industry because they provide longer shelf life to the product packaged. Due to increased health awareness among consumers, the demand of retort pouches for food packaging has developed over the years. These pouches are used for some prime products such as pet food, baby food, meat & seafood, fresh produce, ready-to-eat meals, soups & sauces and others. As per the study findings, the global retort pouch market will likely rise at a steady CAGR of 6.5% from 2017 to 2025, to pull in revenue of US$7.51 bn by 2025 from US$4.29 bn in 2016.
The research study has segmented the global market on the basis of barrier material type, capacity, product type, closure type and applications. Retort pouches have applications in frozen food packaging, pet food packaging and organic food packaging, etc. On the basis of barrier material type, the study includes Aluminium foil, Polypropylene, Food Cast PP, Polyamide, and Polyethylene. By product type, retort pouches market is segmented into stand up pouches, spouted pouches, pillow pack, zipper pouches and 3- side sealed pouches.
Moreover, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global retort pouches market. At present, Fast-paced life and increasing disposable income have led to people opting for the ready-to-eat food product, which as a result boosting the sales of retort pouches products. Various keen companies’ efforts to whip out more sophisticated and eye-catching products are also catalyzing growth in the global retort pouches market. In terms of geography, Asia Pacific market is witnessing maximum growth on account of the high demand for properly packaged ready-to-eat meals and pet foods in the region.
Later, the report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players in the global retort pouches market embrace Sealed Air Corporation, Huhtamaki Group, Amcor Ltd., Mondi Group, Bemis Company, Inc., Clifton Packaging Group Ltd., Foshan Nanhai LD Packaging Co., Ltd., Sonoco Products Company, Purity Flexipack Ltd., Constantia Flexibles International GmbH, ProAmpac, Tong Yuan Packaging Co. Ltd., Continuous Retorts limited (CRL), Alliedflex Technologies Ltd., Clondalkin Group Holdings B.V., Paharpur 3P, Flexi-Pack Ltd., Flair Flexible Packaging, MST Packaging Co., Ltd., and Avonflex.
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