The global food bags market is on a path of substantial growth, with an anticipated increase in market size from US$ 824.0 million in 2023 to US$ 1,594.3 million by 2033. In the preceding year, 2022, the global food bags industry amassed a total valuation of US$ 770.4 million, and 2023 is projected to witness a notable Year-on-Year (Y-o-Y) growth of 7.0%. Over the assessment period spanning from 2023 to 2033, global food bag sales are expected to exhibit a remarkable Compound Annual Growth Rate (CAGR) of 6.8%.
The upsurge in catering and food delivery services has generated a significant demand for packaging solutions, exemplified by food bags that are adept at preserving the quality and freshness of meals during transportation. As such, the expansion of the food service sector is set to play a pivotal role in propelling the demand for food bags during the assessment period.
Disposable food bags remain at the forefront of demand on a global scale, with the disposable segment occupying a substantial market share of 71.1%. This segment is poised for robust growth, with an expected CAGR of approximately 6.5% during the forecast period.
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Key Factors Influencing the Global Food Bags Industry
Rising Popularity of Food Bags Among Seafood Marketers to Trigger Sales
The incorporation of food bags as an oven-friendly packaging solution represents a promising avenue for seafood marketers, offering them substantial growth opportunities. By providing food bags alongside their seafood products, marketers have the potential to set themselves apart from competitors in a highly competitive market.
The introduction of food bags as part of the seafood purchase can augment the overall value for customers, equipping them with an additional cooking tool that elevates their culinary experience. This differentiation strategy holds particular significance for seafood marketers targeting consumers who prioritize convenience or face time constraints.
Food bags excel at sealing in flavors and moisture throughout the cooking process, yielding tender and succulent seafood dishes. By advocating for the use of food bags, seafood marketers can accentuate the advantages of heightened flavor infusion and moisture retention, appealing to customers in search of top-quality seafood meals. This value addition can serve as a compelling incentive for seafood consumers and contribute to the brand’s competitive edge in the market.
Growing Focus on Improving Food Safety and Reducing the Risk of Cross-Contamination Boosting the Market
A notable consumer preference is emerging for cooking food in bags, driven by a desire to mitigate the risk of various infectious diseases, such as campylobacter. Campylobacter, a leading cause of food poisoning worldwide, often results from unhygienic distribution channels and inadequate cooking of meat and poultry products. Cook-in-bag packaging offers an effective defense against campylobacter infections.
One of the distinct advantages of cook-in-bag packaging is its sealed nature, which remains intact from the moment the food is packaged until it is cooked in an oven or microwave. This hermetic seal ensures that the food is protected, and it can be safely heated to temperatures as high as 200 degrees Celsius, eliminating the risk of undercooking and associated foodborne illnesses. This cooking method aligns with the evolving consumer demand for safer and more convenient food preparation.
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Drivers:
- Consumer Convenience: The demand for food bags is driven by the need for convenient and practical packaging solutions, facilitating easy storage and transport of food products.
- Food Safety and Hygiene: Food bags help maintain the freshness and hygiene of food products, which is crucial for consumer safety.
- Sustainability: The growing emphasis on sustainable and eco-friendly packaging materials has led to the development of biodegradable and reusable food bags.
- Food Delivery and Takeout: The surge in food delivery services and takeout options has increased the need for food bags that are suitable for transporting meals.
- Regulatory Compliance: Food safety regulations often require specific packaging standards, further promoting the use of appropriate food bags.
Key Players
- Amcor Plc
- Reynolds Consumer Products Inc.
- Sealed Air Corporation
- Sirane Limited
- M&Q Packaging, LLC
- FFP Packaging Ltd.
- Melitta Group AG
- Sunkey Corporation
- Aalmir Plastic Industries LLC
- Al Bayader International
- EcoPack
- HDK Packaging Co., Ltd
- Flexipol
- Handgards
- S. C. Johnson & Son, Inc.
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Segments Covered
By Material Type:
- Nylon
- Plastic
- Aluminum
- Paper
- Silicon
By Bag Type:
- Disposable
- Reusable
By Size:
- Small
- Medium
- Large
By Sales Channel:
- Online
- Offline
- Supermarket/Hypermarket
- Convenience Stores
- Others
By End Use:
- Food Service Outlets
- Food Service Restaurant
- Quick Service Restaurant
- Catering Services
- Hotels and Lodgings
- Food Courts
- Others
- Institutional Food Services
- Hospital
- Offices
- School
- Household
By Region:
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Western Europe
- Eastern Europe
- Central Asia
- Russia & Belarus
- Balkan & Baltic Countries
- Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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