Latest News - Retort Pouches Market: Curry and sauces are expected to lead the Application segment during 2024-2028

The Retort Pouches Market is being driven by Growing demand for packaging in food industry

The Retort Pouches Market is expected to grow at a CAGR of 9.1% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 969.8 million. In the dynamic business landscape, market leaders in the global retort pouches market are prioritizing innovation to gain a competitive edge. Vendors are providing advanced solutions, including state-of-the-art retort packaging, which is driving market growth. Notably, companies in the laminating and printing sectors are introducing groundbreaking innovations. For instance, Toyo Ink, a renowned supplier of printing inks, colorants, and functional materials, offers REXTA - a solvent-based flexographic lamination ink suitable for high-heat boil, high-pressure, and retort applications. Such advancements are enabling vendors to differentiate themselves, thereby fueling the expansion of the global retort pouches market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Curry and sauces
  • Pet food
  • Ready-to-eat food
  • Seafood
  • Others
• Type
  • Tear notch
  • Zipper
  • Spout
• Geography
  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
  • APAC
    • China
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for packaging in food industry
• Increasing demand from developing countries
• Rising focus on lightweight packaging

However, the market also witnesses some limitations, which are as follows:

• Availability of substitutes
• Hermetic seal protection challenge
• High investment involved in processing of retort pouches

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Market Scope in Retort Pouches Market Research Report

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Research Analysis Overview

The Retort Pouches Market has witnessed significant growth in recent years due to the increasing demand for convenient, lightweight, and portable food packaging solutions. These pouches offer excellent moisture and light barrier properties, ensuring the preservation of food's taste, nutritional value, and shelf life. The use of high-performance materials like Polyamide, Polyethylene, and Polypropylene in the production of retort pouches enhances their heat stabilization, abrasion resistance, and puncture resistance capabilities. Retort pouches are widely used in various industries, including pet food, baby food, seafood, meat, and packaged foods. The convenience and portability of these pouches cater to the changing consumer lifestyle, especially among working people and the middle class population. The surface-to-volume ratio of retort pouches is smaller than metal cans, reducing the overall package space required for transportation. Retort pouches offer several advantages over traditional metal cans, including longer shelf life, reduced food spoilage, and elimination of odors. However, the high stiffness and dimensional stability required for retort pouch production can be challenging, necessitating advanced manufacturing technologies. Overall, the retort pouches market is expected to continue growing due to the increasing demand for convenient, lightweight, and nutritious food packaging solutions.

Market Research Overview

The Retort Pouches Market encompasses a diverse and intricate supply chain, characterized by numerous stakeholders and layers. Key suppliers include providers of raw materials for various container types, such as steel, aluminum, and tin for metal containers; borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, and regular soda-lime glass for glass containers; and high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET), polypropylene (PP), and polyvinyl chloride (PVC) for plastic containers. The supply chain extends beyond raw material procurement, encompassing research and development, large-scale manufacturing, and multi-channel distribution to ultimately reach end-users. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/