Cook-In-Bags Market Report Covers Detailed Information on Scope and Growth Factors by 2028
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global cook-In-bags market considering 2013-2017 as the historic year and 2018–2028 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting cook-In-bags market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
The cook-In-bags market study outlines the key regions – Latin America, North America, MEA, Europe, Japan and APEJ – along with the countries contributing the most in the respective regions.
The world is becoming more aware about environment and this has shifted the consumer focus towards eco-friendly products. Environmental-friendly approach is shaping the trend in consumption and technologies use in packaging ecosystem. Technologies that import convenience to the consumers are highly preferred and are being worked upon. Cook-in-bags are one of such kind and are used to roast food products like meat in oven. These bags use materials like plastics or parchment that are used in food products. The basic principle of operation is capturing moisture in the bag while cooking and further retaining it. Polyester is commonly used to make these bags. Heat-resistant nylon is other prominent material. The material used should not melt at high temperatures used in cooking and it would spoil the food content of the bag.
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Fast Paced Life Propels Packaged Food Market
Plastics and aluminum foils are the materials used prominently in making cook-in bags. Appearance of these bags is known to highly influence the end-users. The bags are of various types in appearance like being transparent, printed and opaque. Cook-in-bags also come in different sizes including 150X240 mm, 240X380 to 380X500 mm and 150X240 to 240X380 mm. The global market for cook-in-bags can be segmented into different applications including frozen food, rice and cereals, ready-to-eat food and confectionary products. On the geographical end, the global market can be disintegrated to major regions including North America, Europe, Latin America, Middle East and Africa. Different types of plastic materials include polyethylene, nylon and polyesters.
Fast paced life has surged the demand and consumption of ready-to-eat meals. Consumers are opting for such meals because of the time invested in travel and long work duration drive the consumers towards food solutions that are simple and accessible like cook-in-bags. Major stake holders are innovating on design front to attract more customers. Various positive attributes of cook-in-bags like extended shelf life, texture, quality and flavor surge the demand of these bags in global market.
North America Leads Market In Terms Of Revenue
Cook-in-bags containing pre-cooked food products like raw meat are gaining traction in institutional ecosystem. These bags save on meal preparation time and result in quality food product. Retail sales of these bags is expected to generate highest revenue in the coming years. The rapid sale of retail cook-in-bags can be attributed to absence of certain chemicals like bisphenol-A (BPA) and dioxin. Facility of vacuum seal also acts as an advantage.
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A slew of factors including institutional arrangements, changing demographic behaviors and labor migration have resulted in single-person households across the globe. Increase in single person’s accommodation has surged the demand for packaged food. Availability of desired taste preference is also a significant factor that increased demand of packaged food products.
North America leads the global cook-in-bags market in terms of revenue. It owns one-fifth of the global market share. Cook-in-bags market growth in APAC has also been very significant and its sale in the region is greater than all other regions.