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 Food Bags Market is a vital sector within the broader packaging industry, addressing the diverse needs of food packaging for both consumers and the foodservice sector. Food bags play a crucial role in preserving, protecting, and transporting a wide range of food products, from fresh produce to packaged snacks. As consumer preferences evolve and sustainability becomes a key consideration, the food bags market experiences constant innovation and adaptation to meet the demands of a dynamic industry.
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.
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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.
Growth Factors
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.
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.
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.
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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.
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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