Retort Packaging Global Market Report 2021: COVID-19 Growth And Change
The Business Research Company’s Retort Packaging Global Market Report 2021: COVID-19 Growth And Change
LONDON, GREATER LONDON, UK, July 22, 2021 /EINPresswire.com/ — An increase in demand for ready-to-eat or ready meals across the globe is contributing to the growth of the retort packaging market. For instance, according to a survey done by the Associated Chamber of Commerce and Industry of India (Assocham) in January 2020, nearly 79% of Indian households prefer to have instant food due to time constraints. Ready-to-eat or ready meals are packed using retort process, the food is pre-cooked, packed and sealed in a retort package and then heated to 250°F or 121°C for several minutes under high pressure to kill common occurring microorganisms to prevent the food from spoiling. Factors such as busy work-life and the rise in single households have boosted the demand for ready-to-eat meals. For instance, in 2019, 14.6% of adults lived alone in the USA – having increased from 14.3% in 2018. This increase in demand for ready-to-eat or ready meals across the globe is driving the retort packaging market growth.
Retort packaging is a type of packaging made from flexible plastic and metal foils and used to pack cooked or semi-cooked food, sealed and subsequently sterilized to create food packages that have an extended shelf life with no preservatives and refrigeration. The main types of retort packaging are pouches, trays, cartons, others. Retort pouch is also known as reportable pouch that is a made using flexible plastic and metal foil and retort tray is a flat flexible structure made of plastic material. This retort packaging is used in packaging food, beverages, and others.
Read More On The Global Retort Packaging Market Report:
https://www.thebusinessresearchcompany.com/report/retort-packaging-global-market-report
The global retort packaging market size is expected to grow from $3.54 billion in 2020 to $3.69 billion in 2021 at a compound annual growth rate (CAGR) of 4.28%. The growth in the retort packaging market is mainly due to the growing demand for food packaging. The market is expected to reach $4.49 billion in 2025 at a CAGR of 5.04%.
Asia Pacific is expected to grow faster in the forecast period. The regions covered in the retort packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the retort packaging industry are Amcor, Coveris, Sonoco, Mondi group, Berry Global (RPC Astrapak), Clondlakin, Tredegar, Flair Flexible Packaging Corporation, Proampac, Huhtamäki Oyj, Clifton Packaging, Winpak, Ostuka Holdings, HPM Global, Avonflex, ALLIEDFLEX, Constantia Flexibles, Tetra Pak, Techni-Pak, Lithotype, Fujimori Kogyo, Pyramid Packaging, DNP America, Printpack, and Paharpur 3P.
Retort Packaging Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides retort packaging market overview, forecast retort packaging market size and growth for the whole market, retort packaging market segments, and geographies, retort packaging market trends, retort packaging market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
Request For A Sample Of The Global Retort Packaging Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5149&type=smp
Here Is A List Of Similar Reports By The Business Research Company:
Flexible Plastic Packaging Global Market Report 2021: COVID-19 Growth And Change
https://www.thebusinessresearchcompany.com/report/flexible-plastic-packaging-global-market-report
Fresh Meat Packaging Global Market Report 2021: COVID-19 Growth And Change
https://www.thebusinessresearchcompany.com/report/fresh-meat-packaging-global-market-report
Plastic Alternative Packaging Global Market Report 2021: COVID-19 Impact And Recovery
https://www.thebusinessresearchcompany.com/report/plastic-alternative-packaging-global-market-report
Sterile Medical Packaging Global Market Report 2021: COVID-19 Growth And Change
https://www.thebusinessresearchcompany.com/report/sterile-medical-packaging-global-market-report
Interested to know more about The Business Research Company?
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.
Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
The Business Research Company
Email: info@tbrc.info
Follow us on LinkedIn: https://bit.ly/3b7850r
Follow us on Twitter: https://bit.ly/3b1rmjS
Check out our Blog: http://blog.tbrc.info/
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
