Retort Pouch Market To Grow Enormously with Size Worth $5.88 Billion By 2025 |Grand View Research, Inc.


The global retort pouch market size is projected to be valued at USD 5.88 billion by 2025, expanding at a CAGR of 6.7% over the forecast period, according to a new report by Grand View Research, Inc. Growing demand among consumers for semi-cooked food and ready-to-eat meals, owing to their busy lifestyles, is expected to increase the demand for retort pouches over the forecast period. In addition, the growing pet food market is also expected to favor the market growth over the coming years.
A retort pouch is a flexible, multi-layered metal-plastic laminate structure that is able to withstand the thermal process used for sterilization and is widely used for the sterile packaging of food, pet food, and beverages, among others. In addition, retort pouches also ensure lesser heat exposure, thereby retaining the taste and nutritional value of the food products.
Key vendors in the retort packaging market include Amcor plc, ProAmpac LLC, Sonoco Products Company, Mondi, Coveris Holdings S.A., Clondalkin Group Holdings BV, Sealed Air Corporation, Huhtamaki Group, Constantia Flexibles, Flair Flexible Packaging Corporation, and Winpak Ltd., among others. Companies engaged in manufacturing retort pouches offer retort pouches that are available in different formats as well as sizes. Other key players operating in the market include DNP America, LLC, HPM Global Inc., Sopakco Packaging, Fujimori Kogyo Co., Ltd., Clifton Packaging Group Limited, Constantia Flexibles, and Floeter India Retort Pouches (P) Ltd among others. Companies operating in the market further offer customization in terms of size, format, materials, and closure type.
To Request Sample Copy of this report, click the link:
https://www.grandviewresearch.com/industry-analysis/retort-pouch-market/request/rs4
Based on material, the retort packaging market has been segmented into polypropylene, polyamide, polyethylene, PET, aluminum foil, and others. Retort pouch is a multi-layered structure that is generally made from three or four ply laminates, with the inner layer usually made from polypropylene material. Polypropylene is a robust and tough material that provides strength and flexibility to the pouch.
Stand-up pouches packaging type segment is likely to augment at a growth rate of 6.9% over the forecast period, owing to their overall aesthetic appeal. In addition, growing demand for stand-up pouches with several value-added features such as zippers, tear notch, and spout is further expected to augment the growth of this segment over the coming years.
Further key findings from the report suggest:
  • In terms of value, the global market is anticipated to reach USD 5.88 billion by 2025, on account of factors such as the increasing demand for single-serve and ready-to-eat meals, along with the growing demand for extended shelf life of products
  • Polypropylene emerged as the largest material segment in the market. Polypropylene is commonly used as a sealing layer material that offers strength and flexibility to the pouch.
  • The stand-up pouches packaging type segment is likely to have the highest growth rate over the forecast period, owing to the overall aesthetics and construction of stand-up pouches, which enables them to act as excellent marketing tools in the retail industry
  • Tear notch closure type segment is also likely to have a significant growth rate over the forecast period. Growing demand for single serve packs and ready-to-eat meals is likely to favor the growth of this segment.
  • Asia Pacific market is anticipated to reach USD 2.35 billion by 2025. Changing consumer lifestyles, coupled with the growing middle class, increasing disposable incomes, and busy lifestyles, has further augmented the demand for packaged foods, which is in turn likely to propel the demand for retort pouches over the coming years.
  • The global retort pouch market is fragmented with the presence of numerous market participants. Key players operating in the market include Amcor plc, Sonoco Products Company, ProAmpac LLC, Mondi, Flair Flexible Packaging Corporation, Clifton Packaging Group Limited, and Constantia Flexibles, among others.
Food was the largest application segment in 2018 and is likely to continue its dominance over the forecast period. Retort pouch is used for various food items including meat, seafood, poultry, and baby food among others. Growing demand for ready-to-eat meals as well as ready-to-cook food products is likely to augment the demand of this segment over the forecast period.
Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-retort-pouch-market
Retorting is a process in which the prepared food that can either be semi-cooked or raw is sealed in a retort pouch. This retort pouch is then heated to a temperature usually ranging between 116°C to 121°C under high pressure for several minutes inside an autoclave or retort machine. This in turn leads to killing of the microorganisms, thereby avoiding the spoilage of food and extending its shelf life.
Retort pouches have a high surface to volume ratio owing to which it takes less time to cook the food as compared to metal cans. In addition, the heat exposure to food is reduced in retort pouches, which further assists in retaining the nutritional value and taste of the food contained. In addition, retort pouches have a larger package space owing to which attractive graphics can be printed on the surface.

Grand View Research has segmented the global retort pouch market on the basis of material, packaging type, closure type, application:
Retort Pouch Material Outlook (Revenue, USD Million; 2014 - 2025)
  • Polypropylene
  • Polyethylene
  • Polyamide
  • PET
  • Aluminum foil
  • Others
Retort Pouch Packaging Type Outlook (Revenue, USD Million; 2014 - 2025)
  • Stand-up Pouches
  • Flat Pouches
Retort Pouch Closure Type Outlook (Revenue, USD Million; 2014 - 2025)
  • Tear Notch
  • Zipper
  • Spout
Retort Pouch Application Outlook (Revenue, USD Million; 2014 - 2025)
  • Food
  • Beverages
  • Pet Food
  • Others
In terms of application, the market has been segmented into food, beverages, pet food, and others. Food emerged as the largest application segment in 2018, accounting for nearly 53% of the market revenues, and is expected to continue its dominance over the forecast period. Retort pouches are widely used for packaging several food products, including soups, sauces, baby food, dry ready meals, frozen ready meals, chilled ready meals, meal replacement products, and dairy products.
Pet food application segment is likely to have the highest CAGR of over the forecast period. Growing trend with respect to the concept of humanization of pets has led to increased number of people owning pets and feeding them with high quality food. In addition, rising trend towards pet adoption, especially among families characterized by working parents and one child, is further likely to augment the demand for pet food, which is in turn likely to favor the market growth.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Comments

Post a Comment

Popular posts from this blog

Foot Orthotic Insoles Market 2026: What Will Be Changes In Investment Ratio With Opportunity Analysis?? |Grand View Research, Inc.

Image
The global foot orthotic insoles market size is expected to reach USD 5.5 billion by 2026 , according to a new report by Grand View Research, Inc., exhibiting a 6.3% CAGR during the forecast period. Growing incidence of diabetes and plantar fasciitis are expected to drive the market over the forecast period. Moreover, rapid urbanization and increasing disposable income are anticipated to propel growth in future. Technological advancements, spurred by ongoing investments in R&D, are expected to increase growth potential in the coming years. Moreover, rise in geriatric population, which is susceptible to orthopedic disorders, is impelling product demand globally. For instance, in 2017 as per the U.S. Census Bureau, the number of people aged 65 or older increased by 1.6 million from 2014 to 2015. In addition, increasing incidence of sports injuries and rising prevalence of osteosarcoma in the region has led to the need for various orthotics devices, which is expected to drive ...
Read more

A Look into Smokehouse Industry……Deep Analysis…..

Image
The global smokehouse market size is anticipated to reach USD 157.2 million by 2025 , according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 2.2% during the forecast period. Rising need for a healthy lifestyle has led consumers to prefer griller or barbequed food over fried food and other kinds of fast food. This trend is expected to have a positive impact on the market growth. The home care & decor industry has been witnessing inconsistent growth, since the Covid 19 outbreak. As a result of the ongoing pandemic crisis, there has been a drop in the overall performance of discretionary products such as decorative fixtures, bedding products, to name a few. The virus outbreak has, however, led to substantial growth in categories such as cleaning and hygiene products. Prominent growth in the e-commerce business is also one of the positive influences of the outbreak, wherein companies are focusing on expanding their distribution ...
Read more

A Look into Shapewear Industry……Deep Analysis…..

Image
The global shapewear market size is expected to reach USD 3.80 billion by 2025 registering a CAGR of 7.7%, according to a new report by Grand View Research, Inc. The introduction of various products according to the type of garments is expected to support the market growth in the years to come. Growing target population across the globe is also augmenting the market growth. Changing lifestyle incurs increased investment in fitness and related accessories, which has positively impacted the market growth. The clothing, footwear, & accessories industry is anticipated to witness checkered growth throughout 2020, as a result of the unprecedented supply chain disruptions caused by the COVID-19 outbreak worldwide. The expected decline in the global sales of clothing, footwear, & accessories is attributable to massive supply chain disruptions across significant export markets, including China and India. However, the industry is likely to recover over the forecast timeframe,...
Read more