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.
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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.
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. 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.
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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.
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.
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