Gradual Surge in Single-person Households Worldwide - a Key Demand Influencer for Cook-in-bags
Food consumption trends and packaging technologies are developing quickly, with environmental concerns driving product advancements and shift in consumer demand trends. Fact.MR has recently compiled a report on one such imperative food packaging technology that complements consumer convenience – cook-in-bags. Using proprietary methodologies and rigorous research processes, our analysts have offered intelligence on cook-in-bags market, offering readers with unbiased, transparent, and accurate information.The report provides analysis and forecast on the cook-in-bags market for the period between 2018 and 2028. Intelligence on size of the cook-in-bags market has been delivered in terms of value (US$ Mn) and volume (Thousand Units). Macroeconomic indicators, coupled with an outlook on the cook-in-bags market at country, region, and global level has also been incorporated in the report. Important market dynamics that include growth influencers, impediments, trends, and lucrative avenues have been scrutinized and elaborated.
The report offers an exhaustive evaluation on the cook-in-bags market, in the form of qualitative insights, verifiable projections, and historical data. Projections offered in the report are derived with the aid of assumptions and proven research methodologies. The report serves as an all-inclusive repository of intelligence and analysis on key facets of the cook-in-bags market.
Request Sample of This Report at https://www.factmr.com/connectus/sample?flag=S&rep_id=1577
Market Definition
A cook-in-bag is utilized for roasting meat, or other food products in an oven. Culinary parchment or durable plastics generally form the radical materials used for manufacturing cook-in-bags. Trapping moisture in the food during cooking, and retaining the same, is a fundamental feature of a cook-in-bag, which further serves the purpose of blasting. Cook-in-bag variants are generally produced by using polyester, or heat-resistant nylon, to prevent their melting at cooking temperatures and food spoilage.
Cook-in-bags Market: Segmentation
Analysis and forecast on the cook-in-bags market have been delivered on the basis of material type, appearance, packaging size, sales type, application, and region. Key materials analyzed include plastic, aluminum foil, and others, which are primarily used for production of cook-in-bags. Appearance attributes of cook-in-bags that are preferred by end-users and highlighted in the report are transparent, opaque, and printed. Among several packaging sizes of cook-in-bags, less than 150X240 mm, 150X240 to 240X380 mm, 240X380 to 380X500 mm, and more than 380X500 mm, have been analyzed in detail.
The cook-in-bags market has also been examined on the basis of sales type that include institutional sales and retail sales, and applications that include frozen foods, ready-to-eat meals, rice & cereals, bakery & confectionary, and others. This exhaustive analytical research report tracks the cook-in-bags market across key regional segments, namely, North America, Latin America, Europe, Asia-Pacific (APAC), and Middle East & Africa (MEA). Along with the provision of region-wise forecast, the report also offers analysis on the cook-in-bags market in the U.S., Canada, France, Germany, the U.K., India, and China.
Sub-categories of key segments such as plastic materials – polyethylene, polyesters, and nylon, and frozen food applications – meat, poultry, sea food and others have also been analyzed.
Key Findings
Growing Preference for Ready-to-eat Meals to Drive Demand for Cook-in-Bags
Ready-to-eat meals have significantly gained momentum in tandem with fast changing consumer lifestyle. This has further spurred convenient consumption solutions, and cook-in-bags are no exception. Time-intensive commute, and long hours of work have left consumers with less time for cooking meals, and their incessant search for easily accessible and simple cooking solutions have augured well for sales and development of cook-in-bags. The fundamental requirement of preserving shelf-life, quality, texture, and taste of food products packed in cook-in-bags, has further led prominent vendors to focus more on new design developments to realize effective preservation of the product’s characteristics.
Institutional Sales of Cook-in-bags to Remain Lucrative, while Growth in Retail Sales will Present Comparatively Faster Pace
High temperature cook-in-bags are fast gaining traction in institutional platforms, where pre-cooked or marinated raw meats are packed in these bags. Quick adaptation to higher temperatures of cook-in-bags, which reduces the meal preparation time, and offers high quality food has further augured well for institutional sales of cook-in-bags. In terms of revenues, preeminence of institutional cook-in-bag sales is poised to prevail, however, retail sales are foreseen to record a relatively faster growth through 2028. Faster growth of retail cook-in-bag sales can be primarily attributed to the absence of dioxin and bisphenol-A (BPA), and imperative features such as vacuum seals.
Gradual Surge in Single-person Households Worldwide - a Key Demand Influencer for Cook-in-bags
Recent changes in institutional arrangements, labor migration, and demographic behaviors have consequently led to a surge in number of single-person households worldwide, which in turn has crafted profound avenues for several business, with food packaging products, such as cook-in-bags, being one of the key areas. Cook-in-bag meals are becoming increasingly popular among this chunk of population, as they facilitate individuals in faster meal preparation along with desired taste preferences.
Value-based Dominance of Plastic as Raw Material will Persist, Despite Declining Preference among Manufacturers owing to Environmental Concerns
The report envisages plastic to remain sought-after among materials used for manufacturing cook-in-bags, mainly owing to its cost-effectiveness and convenient processing technologies. Plastic-based cook-in-bags are poised to hold over three-fourth market revenue share during the period of forecast. A slight decline in the revenue share has been estimated for plastic-based cook-in-bags during 2018 to 2028. This can be attributed to government norms that limit boiling time of cook-in-bags to 20 minutes, as further heating or boiling will result in melting of polyethylene and plastic residue in food products. Additionally environmental concerns regarding plastic will further remain a key demand deterrent for these cook-in-bag variants.
Other imperative materials, such as aluminum foil, and sub-segments of plastic including polyethylene and polyesters, have also been studied in detail.
North America Endures as Most Lucrative Market for Cook-in-bags
North America continues to spearhead the cook-in-bags market, in terms of revenues, owing to the economic and technological vigor, coupled with growing penetration of modern retail in the region. Over two-fifth share of the cook-in-bags market will be accounted by sales in North America during 2018 to 2028. However, growth in APAC is set to be significant, surpassing cook-in-bags’ sales conversion rates observed in all the other regional segments through 2028.
Analysis on other regional segments such as Europe, MEA and Latin America has also been offered in detail.
Competitive Landscape
The report has profiled key players, who are significantly contributing to growth of the cook-in-bags market, which include Synpac Limited, Packit Gourmet, M&Q packaging ltd, Granitol A.S., UltraSource LLC, and ProAmpac LLC. These players are resorting to new product development strategies for bolstering their position in the cook-in-bags market, which in turn has resulted in the proliferation of eye-catching cook-in-bag variants with better functionalities.
Important information, such as business strategy, market share, and product development strategy of market players, has been included in the report. Relative strength of the market players across regional markets, and information on their major manufacturing location has also been encompassed in this insightful research study.
Apart from aforementioned players, the report profiles and offers an detailed analysis on other prominent companies operating in the cook-in-bags market.
Research Methodology
An exhaustive analysis has been delivered on the cook-in-bags market in this report. An exemplary amalgamation of primary and secondary research approaches, coupled with data mining via in-house proprietary tools, has helped the analysts in arriving at accurate market figures and numbers. Intelligence on the cook-in-bags market has also been gleaned from product catalogues, corporate annual reports, and SEC forms.
The report on the cook-in-bags market follows a systematic approach, which comprises the market profiling, developing list of respondents, data collection & validation, insights, analysis, and formulation of discussion guides. Research methodology adopted for developing this report also includes identifying key opinion leaders, in-depth interviews, and questionnaire design. A three-step quality check followed by Fact.MR analysts had aided in peer-review of data via independent thought leaders, triangulation of data, and internal validation.
This research study also includes more exhaustive details on the research approach followed in key dedicated chapter.
Report Analysis at https://www.factmr.com/report/1577/cook-in-bags-market
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Gradual Surge in Single-person Households Worldwide - a Key Demand Influencer for Cook-in-bags here
News-ID: 1257331 • Views: …
More Releases from Fact.MR
Bismuth Market Projections Hit US$ 792.38 Million by 2033
Bismuth Market Projections Hit US$ 792.38 Million by 2033
Based on an extensive analysis conducted by Fact.MR, the global bismuth market reached a valuation of US$ 380.90 million in 2023
𝗚𝗲𝘁 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝗽𝘆:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8715
Projections suggest a steady growth trajectory with a forecasted compound annual growth rate (CAGR) of 7.6%, potentially culminating in a market size of US$ 792.38 million by 2033.
Bismuth, characterized by its atomic number 83 and symbol Bi,…
Bismuth Market Projections Hit US$ 792.38 Million by 2033
Bismuth Market Projections Hit US$ 792.38 Million by 2033
Based on an extensive analysis conducted by Fact.MR, the global bismuth market reached a valuation of US$ 380.90 million in 2023
𝗚𝗲𝘁 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝗽𝘆:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8715
Projections suggest a steady growth trajectory with a forecasted compound annual growth rate (CAGR) of 7.6%, potentially culminating in a market size of US$ 792.38 million by 2033.
Bismuth, characterized by its atomic number 83 and symbol Bi,…
Torque Vectoring Market Set to Surge to US$ 43 Billion by 2033
In 2023, the global torque vectoring market was valued at US$ 10.7 billion. Projections indicate a significant surge to US$ 43 billion by 2033, with an impressive Compound Annual Growth Rate (CAGR) of 15% anticipated during the forecast period spanning from 2023 to 2033.
𝗚𝗲𝘁 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝗽𝘆:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8788
Torque vectoring systems play a pivotal role in optimizing wheel power distribution. By enhancing handling, stability, grip, and overall performance, these systems…
Small Wind Market Surges Toward US$ 3.23 Billion by 2033
In 2023, the global small wind market boasted a valuation of US$ 1.21 billion, with projections indicating a remarkable expansion at a CAGR of 10.3%, culminating in a size of US$ 3.23 billion by the end of 2033, as per the latest study by Fact.MR.
𝗚𝗲𝘁 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝗽𝘆:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8812
The surge in demand for small wind systems is attributed to the escalating global energy crisis and the depletion of non-renewable…
More Releases for Key
Marine Radio Market Key Vendors, Key Segment, Key Companies, Growth Opportunitie …
The demand for broadband connections, mobile satellite services, mobile satellite communications, and very-small-aperture terminal (VSAT) connectivity worldwide are all expected to increase over the forecast period, which will benefit the global marine communication market. Various applications, including fishing boats and vessels, merchant ships, recreational boats, working boats, and others, are catered to by marine communication solutions. Demand is anticipated to increase in the coming years due to the growing need…
Smartwatch Market Key Trends, Key Segment, Key Demand and Forecast 2031
Global Smartwatch Market: Snapshot
Smart watches are touted as next generation wearable device as they gradually eat into the market share of their indigenous counterparts. With rapid advances in technology and nonstop innovations, smartwatches pose significant threat to personal devices and watches industries. Furthermore, with the advent of 3G and 4G enabled smartwatches, which are available in varying watch faces, has stoked their salability.
Furthermore, breakthroughs in artificial intelligence, meaning learning, and…
Bluetooth Speakers Market Size And Forecast | Key Player I, Key Player II, Key P …
New Jersey, United States - The research study offers an in-depth assessment of the Bluetooth Speakers Market and helps market players to gain a foothold in the industry. It highlights critical market dynamics such as drivers, restraints, trends, and opportunities to help businesses prepare for the challenges ahead. It provides a regional analysis of the Bluetooth Speakers market to uncover major opportunities available in different parts of the world. The…
Smart Governments Market Size And Forecast | Key Player I, Key Player II, Key Pl …
New Jersey, United States - The research study offers an in-depth assessment of the Smart Governments Market and helps market players to gain a foothold in the industry. It highlights critical market dynamics such as drivers, restraints, trends, and opportunities to help businesses prepare for the challenges ahead. It provides a regional analysis of the Smart Governments market to uncover major opportunities available in different parts of the world. The…
USA Identity & Access Management Market Size And Forecast | Key Player I, Key Pl …
New Jersey, United States - The research study offers an in-depth assessment of the USA Identity & Access Management Market and helps market players to gain a foothold in the industry. It highlights critical market dynamics such as drivers, restraints, trends, and opportunities to help businesses prepare for the challenges ahead. It provides a regional analysis of the USA Identity & Access Management market to uncover major opportunities available in…
Biobanks Market Key Trends, Key Segment, Key Demand and Forecast 2025
Global Biobanks Market: Overview
The global biobanks market owes its conception to the rising need for replacement organs and the steady advancement in the replacement and transfusion technologies regarding a number of bodily substances. Though the technology and need to store organs and other bio-entities had been available for a long time, the global biobanks market took on a more important role in the healthcare sector following the increasing research in…