Market Size 2023 (Base Year) | USD 463.8 Million |
Market Size 2032 (Forecast Year) | USD 849.27 Million |
CAGR | 6.2% |
Forecast Period | 2024 - 2032 |
Historical Period | 2018 - 2023 |
According to Market Research Store, the global boil-in-bag market size was valued at around USD 463.8 million in 2023 and is estimated to reach USD 849.27 million by 2032, to register a CAGR of approximately 6.20% in terms of revenue during the forecast period 2024-2032.
The boil-in-bag report provides a comprehensive analysis of the market, including its size, share, growth trends, revenue details, and other crucial information regarding the target market. It also covers the drivers, restraints, opportunities, and challenges till 2032.
Global Boil-in-Bag Market: Overview
Boil-in-bag is a food packaging method where food is pre-sealed in a heat-resistant, vacuum-sealed bag and cooked or reheated by immersing the bag directly into boiling water. This method is popular for its convenience, as it allows for easy meal preparation without the need for additional cooking tools.
Boil-in-bag products range from frozen meals, rice, vegetables, and sauces to ready-to-eat entrees. The packaging ensures that the food retains its flavors, nutrients, and moisture during cooking, making it a popular choice for both busy households and commercial kitchens.
Key Highlights
Boil-in-Bag Market: Dynamics
Key Growth Drivers
Restraints
Opportunities
Challenges
Boil-in-Bag Market: Segmentation Insights
The global boil-in-bag market is divided by type, application, and region.
Segmentation Insights by Type
Based on type, the global boil-in-bag market is divided into plastic, aluminum foil, and others.
The plastic segment dominates the boil-in-bag market due to its wide usage in food packaging, particularly for ready-to-eat and microwaveable meals. Plastic boil-in-bags are popular because of their lightweight nature, flexibility, and ability to withstand high temperatures during cooking or reheating.
Their durability and cost-effectiveness make them a preferred option for both consumers and manufacturers. Additionally, they are easy to seal and store, which further enhances their practicality for household use and food service industries.
The aluminum foil segment is also significant, as it offers superior heat resistance and the ability to maintain food quality for longer periods.
Aluminum foil bags are primarily used in high-temperature cooking or for products that need extended shelf life, such as frozen meals or pre-cooked dishes. Their impermeable nature protects food from external factors like air and moisture, which helps preserve flavor and freshness.
Segmentation Insights by Application
On the basis of application, the global boil-in-bag market is bifurcated into frozen foods, ready to eat meals, and others.
The frozen foods segment is the leading application in the boil-in-bag market. Boil-in-bags are widely used for packaging frozen foods due to their ability to maintain food quality and freshness during extended periods of storage.
These bags are designed to withstand freezing temperatures and can be directly transferred from the freezer to boiling water, making meal preparation quick and convenient for consumers. The demand for frozen vegetables, seafood, and pre-cooked meals in boil-in-bags has risen as they provide both ease of use and portion control.
The ready-to-eat meals segment follows closely, as boil-in-bags are particularly suited for pre-packaged meals that can be reheated easily. These bags are ideal for microwaveable or stovetop cooking, allowing consumers to prepare meals without the hassle of extensive preparation.
The convenience factor of ready-to-eat meals packaged in boil-in-bags has fueled growth in this segment, especially among working individuals and busy families seeking quick meal solutions.
Report Attributes | Report Details |
---|---|
Report Name | Boil-in-Bag Market |
Market Size in 2023 | USD 463.8 Million |
USD 849.27 Million | |
Growth Rate | CAGR of 6.20% |
Number of Pages | 222 |
Key Companies Covered | AMPAC, Granitol, Mars Incorporated, Packit Gourmet, Morrisons, Riviana Foods, M&Q Packaging, Flexipol Packaging, Amcor Ltd, Oji Holdings Corporation, Showa Denko K.K., SABIC, The Dow Chemical Company, LyondellBasell Industries Holdings B.V., Toray Industries Inc., Bemis Company Inc., Sealed Air Corporation, Jindal Films Limited, ProAmpac, Toppan Printing Co. Ltd, Mondi plc, Nitto Denko Corporation, E.I. du Pont de Nemours and Company, and others. |
Segments Covered | By Type, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Boil-in-Bag Market: Regional Insights
North America dominates the boil-in-bag market due to the increasing demand for convenient and easy-to-prepare meals among consumers with busy lifestyles.
The growing preference for packaged and ready-to-eat food products, combined with the high adoption of innovative packaging solutions in the food industry, has fueled the market in this region.
The U.S. leads the market, with significant contributions from Canada, due to advancements in food packaging technologies and increasing awareness about eco-friendly packaging materials.
Europe holds a significant share in the boil-in-bag market, driven by the rising demand for convenient food options, particularly in countries like the UK, Germany, and France.
Consumers in this region are increasingly inclined towards packaged and frozen food products, with the boil-in-bag format gaining popularity due to its ease of use and preservation capabilities. The region's strict regulations on food packaging materials and sustainability concerns also push manufacturers to develop more environmentally friendly and innovative boil-in-bag products.
The Asia-Pacific region is experiencing rapid growth in the boil-in-bag market, fueled by the rising middle-class population, urbanization, and changing food consumption patterns. Countries like China, Japan, and India are witnessing a surge in demand for convenient meal solutions, driven by the growing working population and their need for quick meal preparation options.
Additionally, the expanding retail sector and the influence of Western food consumption habits contribute to the increasing adoption of boil-in-bag products in this region.
In Latin America, the boil-in-bag market is gradually expanding, with countries such as Brazil, Mexico, and Argentina leading the growth. The increasing adoption of convenient meal solutions in urban areas and the growing influence of Western food packaging trends are driving the market.
Additionally, the food processing industry in Latin America is evolving, with an emphasis on adopting innovative packaging solutions like boil-in-bag formats to cater to the demand for convenient and ready-to-eat meals.
The Middle East & Africa region shows moderate growth in the boil-in-bag market, mainly driven by urbanization and the increasing number of working professionals who seek convenient food options.
Countries like the UAE and South Africa are at the forefront of this growth, with the hospitality and foodservice industries playing a pivotal role in boosting demand for ready-to-eat and boil-in-bag meal solutions. However, the market in this region faces challenges due to lower consumer awareness and limited availability of such products compared to other regions.
Boil-in-Bag Market: Competitive Landscape
The report provides an in-depth analysis of companies operating in the boil-in-bag market, including their geographic presence, business strategies, product offerings, market share, and recent developments. This analysis helps to understand market competition.
Some of the major players in the global boil-in-bag market include:
The global boil-in-bag market is segmented as follows:
By Type
By Application
By Region
Frequently Asked Questions:
What will be the value of the boil-in-bag market during 2024- 2032?
Based on statistics from the Market Research Store, the global boil-in-bag market size was projected at approximately US$ 463.8 million in 2023. Projections indicate that the market is expected to reach around US$ 849.27 million in revenue by 2032.
What will be the CAGR of the global boil-in-bag market?
The global boil-in-bag market is expected to grow at a Compound Annual Growth Rate (CAGR) of around 6.20% during the forecast period from 2024 to 2032.
Which region will drive the global boil-in-bag market?
North America is expected to dominate the global boil-in-bag market.
What are the significant factors driving the global boil-in-bag market?
Significant factors driving the global boil-in-bag market include the increasing demand for convenient and ready-to-eat meal solutions, rising urbanization and busy lifestyles, and innovations in packaging technology that enhance food safety and shelf life.
Who are the leading players functioning in the global boil-in-bag market growth?
Some of the prominent players operating in the global boil-in-bag market are; AMPAC, Granitol, Mars Incorporated, Packit Gourmet, Morrisons, Riviana Foods, M&Q Packaging, Flexipol Packaging, Amcor Ltd, Oji Holdings Corporation, Showa Denko K.K., SABIC, The Dow Chemical Company, LyondellBasell Industries Holdings B.V., Toray Industries, Inc., Bemis Company, Inc., Sealed Air Corporation, Jindal Films Limited, ProAmpac, Toppan Printing Co., Ltd, Mondi plc, Nitto Denko Corporation, E.I. du Pont de Nemours and Company, and others.
What can be expected from the global boil-in-bag market report?
The global boil-in-bag market report provides a comprehensive analysis of market definitions, growth factors, opportunities, challenges, geographic trends, and competitive dynamics.
These dominant industry players use well planned strategies to occupied highest market share in this market. Some of the top players in Boil-in-Bag business includes.
As per Boil-in-Bag market analysis, North America is forecasted to occupied major share in the Boil-in-Bag market.
The statistical data of the dominant industry player of Boil-in-Bag market can be acquired from the company profile segment described in the report. This segment come up with analysis of major player’s in the Boil-in-Bag market, also their last five-year revenue, segmental, product offerings, key strategies adopted and geographical revenue produced.
The report come up with a segment of the Boil-in-Bag market based on Type, Region, and Application, Also offer a determined view on the Boil-in-Bag market.
The report offers a nitty-gritty estimation of the market by providing data on various viewpoints that incorporate, restraints, drivers, and opportunities threats. This data can help in making suitable decisions for stakeholders before investing.
The sample report for Boil-in-Bag market can be received after the apply from the website.
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