Global Cook-In-Bags Market Expected to Deliver Dynamic Progression until 2028

Posted on 2018-12-03 by Mark Hub in Retail // 0 Comments

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Food consumption trends and packaging technologies are developing quickly, with environmental concerns driving product advancements and shift in consumer demand trends. FactMR has recently compiled a report on one such imperative food packaging technology that complements consumer convenience – cook-in-bags. Using proprietary methodologies and rigorous research processes, our analysts have offered intelligence on Cook-In-Bags Market Growth, offering readers with unbiased, transparent, and accurate information.

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The report provides analysis and forecast on the cook-in-bags market for the period between 2018 and 2028. Intelligence on size of the cook-in-bags market has been delivered in terms of value (US$ Mn) and volume (Thousand Units). Macroeconomic indicators, coupled with an outlook on the cook-in-bags market at country, region, and global level has also been incorporated in the report. Important market dynamics that include growth influencers, impediments, trends, and lucrative avenues have been scrutinized and elaborated.

Cook-in-bags Market: Segmentation

Analysis and forecast on the cook-in-bags market have been delivered on the basis of material type, appearance, packaging size, sales type, application, and region. Key materials analyzed include plastic, aluminum foil, and others, which are primarily used for production of cook-in-bags. Appearance attributes of cook-in-bags that are preferred by end-users and highlighted in the report are transparent, opaque, and printed. Among several packaging sizes of cook-in-bags, less than 150X240 mm, 150X240 to 240X380 mm, 240X380 to 380X500 mm, and more than 380X500 mm, have been analyzed in detail.

The cook-in-bags market has also been examined on the basis of sales type that include institutional sales and retail sales, and applications that include frozen foods, ready-to-eat meals, rice & cereals, bakery & confectionary, and others. This exhaustive analytical research report tracks the cook-in-bags market across key regional segments, namely, North America, Latin America, Europe, Asia-Pacific (APAC), and Middle East & Africa (MEA). Along with the provision of region-wise forecast, the report also offers analysis on the cook-in-bags market in the U.S., Canada, France, Germany, the U.K., India, and China.

Sub-categories of key segments such as plastic materials – polyethylene, polyesters, and nylon, and frozen food applications – meat, poultry, sea food and others have also been analyzed.

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Institutional Sales of Cook-in-bags to Remain Lucrative, while Growth in Retail Sales will Present Comparatively Faster Pace

High temperature cook-in-bags are fast gaining traction in institutional platforms, where pre-cooked or marinated raw meats are packed in these bags. Quick adaptation to higher temperatures of cook-in-bags, which reduces the meal preparation time, and offers high quality food has further augured well for institutional sales of cook-in-bags. In terms of revenues, preeminence of institutional cook-in-bag sales is poised to prevail, however, retail sales are foreseen to record a relatively faster growth through 2028. Faster growth of retail cook-in-bag sales can be primarily attributed to the absence of dioxin and bisphenol-A (BPA), and imperative features such as vacuum seals.

Value-based Dominance of Plastic as Raw Material will Persist, Despite Declining Preference among Manufacturers owing to Environmental Concerns

The report envisages plastic to remain sought-after among materials used for manufacturing cook-in-bags, mainly owing to its cost-effectiveness and convenient processing technologies. Plastic-based cook-in-bags are poised to hold over three-fourth market revenue share during the period of forecast. A slight decline in the revenue share has been estimated for plastic-based cook-in-bags during 2018 to 2028. This can be attributed to government norms that limit boiling time of cook-in-bags to 20 minutes, as further heating or boiling will result in melting of polyethylene and plastic residue in food products. Additionally environmental concerns regarding plastic will further remain a key demand deterrent for these cook-in-bag variants.

Other imperative materials, such as aluminum foil, and sub-segments of plastic including polyethylene and polyesters, have also been studied in detail.

North America Endures as Most Lucrative Market for Cook-in-bags

North America continues to spearhead the cook-in-bags market, in terms of revenues, owing to the economic and technological vigor, coupled with growing penetration of modern retail in the region. Over two-fifth share of the cook-in-bags market will be accounted by sales in North America during 2018 to 2028. However, growth in APAC is set to be significant, surpassing cook-in-bags’ sales conversion rates observed in all the other regional segments through 2028.

Competitive Landscape

The report has profiled key players, who are significantly contributing to growth of the cook-in-bags market, which include Synpac Limited, Packit Gourmet, M&Q packaging ltd, Granitol A.S., UltraSource LLC, and ProAmpac LLC. These players are resorting to new product development strategies for bolstering their position in the cook-in-bags market, which in turn has resulted in the proliferation of eye-catching cook-in-bag variants with better functionalities.

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FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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