PUBLISHER: Lucintel | PRODUCT CODE: 1418008
PUBLISHER: Lucintel | PRODUCT CODE: 1418008
Retort Pouch Trends and Forecast
The future of the global retort pouch market looks promising with opportunities in the food, beverages, and pet food markets. The global retort pouch market is expected to grow with a CAGR of 7.1% from 2024 to 2030. The major drivers for this market are shifting tastes and lifestyles of consumers, increased amount of working people and middle class population, and increasing need for packaging solutions to increase the shelf life of food items including fish, meat, and pet and baby food.
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Retort Pouch by Segment
The study includes a forecast for the global retort pouch by material type, packaging type, closure type, application, and region.
List of Retort Pouch Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies retort pouch companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the retort pouch companies profiled in this report include-
Retort Pouch Market Insights
Lucintel forecasts that polypropylene is expected to witness the highest growth over the forecast period due to it functions as a sealing layer and gives the bag strength and flexibility.
Within this market, food will remain the largest segment due to common usage in packaging various food items such as soups, sauces, baby food, dry-ready meals, frozen ready meals, chilled ready meals, and meal replacement products.
APAC is expected to witness highest growth over the forecast period due to rising disposable incomes, evolving consumer habits, and an increase in the demand for packaged goods like ready-to-eat meals.
Features of the Global Retort Pouch Market
Market Size Estimates: Retort pouch market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Retort pouch market size by various segments, such as by material type, packaging type, closure type, application, and region in terms of value ($B).
Regional Analysis: Retort pouch market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material type, packaging type, closure type, application, and regions for the retort pouch market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the retort pouch market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the retort pouch market size?
Answer: The global retort pouch market is expected to reach an estimated $8.2 billion by 2030.
Q2. What is the growth forecast for retort pouch market?
Answer: The global retort pouch market is expected to grow with a CAGR of 7.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the retort pouch market?
Answer: The major drivers for this market are shifting tastes and lifestyles of consumers, increased amount of working people and middle class population, and increasing need for packaging solutions to increase the shelf life of food items including fish, meat, and pet and baby food.
Q4. What are the major segments for retort pouch market?
Answer: The future of the retort pouch market looks promising with opportunities in the food, beverages, and pet food markets.
Q5. Who are the key retort pouch market companies?
Answer: Some of the key retort pouch companies are as follows.
Q6. Which retort pouch market segment will be the largest in future?
Answer: Lucintel forecasts that polypropylene is expected to witness the highest growth over the forecast period due to it functions as a sealing layer and gives the bag strength and flexibility.
Q7. In retort pouch market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising disposable incomes, evolving consumer habits, and an increase in the demand for packaged goods like ready-to-eat meals.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.