Global Retort Pouches Market Report and Forecast 2023-2028
Market Outlook
As per the report by Expert Market Research (EMR), the global retort pouches market attained a value of USD 1682.00 million in 2022. Aided by the increasing demand for convenient and lightweight packaging solutions in the food and beverage industry, the market is expected to grow at a CAGR of 7.3% between 2023 and 2028 to reach a value of USD 2566.93 million by 2028.
Retort pouches are a type of flexible packaging solution made from multiple layers of plastic and metal foil, designed to withstand the high temperatures and pressure involved in the retort sterilisation process. Retort pouches offer several advantages over traditional metal cans, such as reduced weight, lower packaging and transportation costs, and improved product quality due to shorter processing times. They are used for packaging various food products, including sauces, soups, ready-to-eat meals, and pet foods, among others.
The global retort pouches market growth is primarily driven by the increasing demand for convenient and lightweight packaging solutions in the food and beverage industry. The growing consumer preference for ready-to-eat meals and processed foods, coupled with the rising awareness of the benefits of retort pouches, has contributed to the increased adoption of these packaging solutions across the industry.
Additionally, the growing focus on sustainability and the need to reduce plastic waste have led to the development of eco-friendly retort pouches made from biodegradable and recyclable materials. The increasing adoption of these sustainable packaging solutions is expected to create new growth opportunities for the global retort pouches market during the forecast period.
The advancements in packaging technology and the increasing investment in research and development by market players are also expected to drive the growth of the retort pouches market. The development of innovative pouch designs with enhanced barrier properties, improved seal integrity, and better heat resistance is anticipated to further bolster the retort pouches market expansion.
With the increasing focus on product differentiation and branding in the food and beverage industry, the demand for customised retort pouches with unique shapes, sizes, and designs is on the rise. The development of innovative printing techniques and the use of digital technology to create eye-catching graphics and designs on retort pouches are expected to drive the retort pouches market growth during the forecast period.
Market Segmentation
The market can be divided based on product type, packaging type, closure type, material type, application, and region.
Market Breakup by Product Type
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