Boil-In Bags Market Expected To Expand At A CAGR Of Above 6.23% During 2024 to 2032 - Zion Market Research

02-Oct-2024 | Zion Market Research

According to the report published by Zion Market Research, global demand for boil-in-bag market was valued at approximately USD 450.42 Million in 2023, and is expected to generate revenue of around USD USD 775.96 Million by 2032, growing at a CAGR of around 6.23% between 2024 and 2032. The boil-in-bag is an advanced packaging format utilized for food items that can be directly heated or cooked in the boiling water. The positive growth factors in the frozen food industry are estimated to be a chief factor contributing toward boil-in-bags market size in the future. The altering consumer lifestyle patterns mainly in urban setup are principally boosting the product demand around the world. The busy life schedule, lesser time for proper meal consumption, and advancement in the corporate segment are considerably changing the food patterns of customers globally. In the future, there is an increasing preference for to-eat food products that helps in saving time. These aspects are significantly boosting the demand for packaged, frozen, and ready-to-eat food items, which in return, are likely to drive product demand and accelerate the boil-in-bag market size in the future.

Global Boil-in Bags Market Size

Some of the key players in the market are Granitol A.S., US Poly Pack, Universal Plastic Bag Co., Dongguan Ever-Glory Plastics Package Limited, ProAmpac LLC, Shenzhen Ken Hung Hing Plastic Products Co., Ltd., M & Q Packaging Ltd, UltraSource LLC, Packit Gourmet, Synpac Limited, and Shenzhen Dingqi Pack Co., Limited.

Rising Demand For Ready To Eat Food To Boost The Global Boil-In Bags Market

The increasing demand for ready to eat food is one of the key factors augmenting market development. The trend displays that due to the busy lifestyles of customers, they are moving toward precooked food that needs lesser time, which in return is propelling the quick adoption of boil-in bags that aims to preserve or cook food in minimum time. The producers are also aiming at adopting novel packaging techniques for boil-in bags so that they seem striking and aid in preserving the taste, texture, and shelf life of the food products. The rising adoption pace of boil-in bags in different food and beverage restaurants and stores is also anticipated to boost the demand for this market in the forecasted period.

The global boil-in bags market is bifurcated based on material type, appearance, application, and regional analysis. Based on the material type, the market is divided into aluminum foil, plastic, paper, and others (fabric, ethyl vinyl acetate, etc.). The plastic segment is subdivided into polyesters, CPP (cast polypropylene), nylon, polyethylene, and biodegradable. Based on appearance, the market is divided into opaque, transparent, and printed. Based on the application, the market is divided into ready to eat meals, frozen foods, bakery & confectionery, and fresh produce. The ready to eat meals segment is subdivided into pasta, soups, rice & cereals, and others. The frozen foods segment is subdivided into meat, poultry, seafood, and others.

North America Projected To Witness The Largest Market Share In The Global Boil-In Bags Market

Based on the geographical analysis, the global boil-in bags market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The North America region accounted for the biggest share of the boil-in bags market globally. The U.S. recorded the highest growth in the North America market. The advancement is chiefly attributed to the rising demand for plastic boil-in bags. The augmenting number of single-person households is a major factor driving the market growth in the forecasted period from 2019 to 2025.

Browse the full “Boil-in Bags Market Material Type (Aluminium Foil, Plastic [Nylon, Polyesters, Polyethylene, and CPP), and Others], Sales Type (Retail Sales, Institutional Sales), Application (Bakery And Confectionary, Rice And Cereals, Ready-To-Eat Meals, Frozen Foods [Seafood, Poultry, and Meat], and Others), Appearance (Printed, Opaque, and Transparent), Packaging Size (Above 380x500 mm, Between 240x380 and 380x500 mm, Between 150x240 and 240x380 mm, and Below 150x240 mm): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/boil-in-bags-market

The global boil-in bags market is segmented as follows:

Based on the material type:

  • Paper
  • Aluminum foil
  • Plastic
    • Polyesters
    • Cast polypropylene (CPP)
    • Polyethylene
    • Nylon
    • Biodegradable
  • Others (ethyl vinyl acetate, fabric, etc.)

Based on the appearance:

  • Opaque
  • Transparent
  • Printed

Based on the application:

  • Ready to Eat Meals
    • Rice and Cereals
    • Soups
    • Pasta
    • Others
  • Frozen Foods
    • Meat
    • Poultry
    • Sea Food
    • Others
  • Fresh Produce
  • Bakery & Confectionery

Based on the region:

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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