Global Retort Packaging for Ready-to-eat Products Market Overview:
A type of food packaging known as retort packaging is constructed from a laminate of flexible plastic and metal foils. It is utilized as an alternative to conventional industrial canning techniques and enables the sterile packaging of a wide variety of foods and beverages handled by aseptic processing. Flexible containers known as ready-to-use retort packaging are comprised of multilayer plastic films, some of which may or may not include aluminum foil. They are made of heat-resistant plastics, which makes them acceptable for processing in the retort at a temperature of about 121°C, in contrast to the typical flexible packaging. The growth of online food ordering and packaged food industry is contributing to the growth of the market.
|Unit||Value (USD Million)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
Retort Packaging for Ready-to-eat Products Market Dynamics:
- Growth of Online Food Ordering
- Growth of the Packaged Food Industry
- Fluctuation in Prices of Raw Material
- Government Regulations against Plastic Packaging
|Road Blocks / Challenges|
- Requires Highly Specialized Filling, Thermal Treatment, and Tensile Strength Testing Equipment
|Gaps & Opportunities|
- Rising Demand for Ready-To-Eat Food in Emerging Economies
Global Retort Packaging for Ready-to-eat Products is a fragmented market due to the presence of various players. The players are focusing on investing more in launching new products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Amcor Limited (Australia), Berry Plastics Corporation (United States), Mondi Group (United Kingdom), Sonoco (United States), Coveris (United Kingdom), CLONDALKIN GROUP (Netherlands), Sealed Air (United States), ProAmpac LLC (United States), Huhtamaki Group (Finland), Constantia Flexibles (Austria), FLAIR Flexible Packaging Corporation (United States) and DNP America (United States). Additionally, following companies can also be profiled that are part of our coverage like Clifton Packaging Company (United Kingdom), Fujimori Kogyo Co. Ltd (Japan), Sopakco Packaging (United States), HPM Global Inc. (South Korea) and Floeter India Retort Pouches (India). Considering Market by Distribution Channels, the sub-segment i.e. Offline will boost the Retort Packaging for Ready-to-eat Products market. Considering Market by Material, the sub-segment i.e. Polyester will boost the Retort Packaging for Ready-to-eat Products market.
Latest Market Insights:
In December 2021, Sonoco acquired Ball Metalpack. With this acquisition, Sonoco has expanded its largest consumer packaging business. The biggest manufacturer of aerosols in North America, Ball Metalpack is also a leader in the development of environmentally friendly metal packaging for food and home goods. Cash flow and earnings will both increase as a result of this deal.
In April 2021, ProAmpac announced the launch of its unique ProActive PCR Retort pouches. Both EU and FDA compliant for food contact in retort applications, ProActive PCR Retort pouches are designed for pet and human food packaging. ProActive PCR Retort pouches offer 30 weight percentage or greater PCR content, reducing the use of virgin resins in the packaging. In addition, these innovative pouches comply with the United Kingdom (UK) Plastics Packaging Tax (PPT).
What Can be Explored with the Retort Packaging for Ready-to-eat Products Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Retort Packaging for Ready-to-eat Products Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Retort Packaging for Ready-to-eat Products
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Retort Packaging for Ready-to-eat Products market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Retort Packaging for Ready-to-eat Products market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Retort Packaging manufacturers, Distributors, Suppliers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.