In 2019, around more than 3 billion units of retort packages containing food were sold in Europe.
Increasing
Retort packaging plays a significant part in decreasing waste and enables online retailers to adapt to improved packaging for the e-commerce. Retort packaging is highly demanded in the beverage industry due to advantages including simple handling and low manufacturing and shipping costs.
Beverages require lightweight packaging, especially when packaged in pouches. As pouch designs are getting better, more people are buying shakes, fruit drinks, fiber supplements, nutraceuticals, and cold-pressed juices in retort packages. Retort packaging sterilizes beverages by preserving the quality and safety of beverage products with pH levels between 4.0 and 7.0 without using preservatives.. Companies are using packaging material with characteristics like barrier resistance (like heat, moisture, and germs) and the exclusion of potential oxidation. People are paying more attention to their health and fitness. They are ready to spend more money on goods that offer refreshments as well as healthy diet.
For instance
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Rising Demand for smart packaging to prevent food wastage
Retort packaging shows several signs to prevent food spoiling with smart packaging offering a variety of ways to decrease food waste. As a result, rising food waste is luring customers to purchase food in smart packaging. Convenience, portability, freshness, and long shelf life are the key properties for ready to eat, convenience and processed food packaging. Thus, a smart packaging such as pouch with high barrier properties is required so that it is strong enough to survive the retort process, at the same time as being able to keep the product fresher for longer and protect the product taste and aroma. . Moreover, retort packaging ideas provide customers the ability to retain the quality of the food items, which is an important factor while purchasing packed food..
Growing Demand for Processed Food
Due to hectic schedules and changing lifestyles, the dependence on processed food is growing. Along with it, fast growth of the food and beverage industry and surge in consumer demand for food and drinks can be consumed while on the go, all of which has contributed to an increase in the worldwide trade of processed foods. In addition, the governments of developed and developing countries are supporting this rise in demand for processed foods through incentives and financing while simultaneously monitoring the sanitation of goods.
For instance, SPS Pouches Ltd. produced a retort type of stand-up pouch packaging suited to food and consumable items that need to be heated and sterilized within their packaging container.
All these factors support the demand for retort packaging which led to the growth of
Recent Developments
- In February 2023, ProAmpac, launched ProActive Recyclable R-2050, a
series of polyethylene-based recyclable film
- O F Packaging introduce Koh Kerbside Recyclable Spout Pouch Refill
Pack in February 2023.
- In April 2022, ProAmpac introduced
their ProActive PCR Retort pouches.
- Amcor Ltd. and Mars announced the first roll-out of recyclable
microwaveable rice pouches in the United Kingdom in March 2021.
Market Segmentation
Global Retort Packaging Market
Company Profiles
Amcor Plc, Sonoco Products Co., Mondi Plc, Constantia Flexibles GmbH, Coveris Holdings SA, O F Packaging Pty Ltd, FLAIR Flexible Packaging Corporation, Tetra Pak International S.A., ProAmpac Intermediate, Inc., Winpak Ltd. are some of the key players of Global Retort Packaging Market.
Attribute
|
Details
|
Base Year
|
2022
|
Historic Data
|
2018 –
2021
|
Estimated Year
|
2023
|
Forecast Period
|
2024
– 2028
|
Quantitative
Units
|
Revenue
in USD Million, and CAGR for 2018-2022 and 2023-2028
|
Report
coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments
covered
|
Material
Packaging
Type
Application
|
Regional scope
|
North
America, Europe, Asia Pacific, South America, Middle East & Africa
|
Country scope
|
United
States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, China,
India, South Korea, Japan, Australia, Brazil, Argentina, South Africa, Saudi
Arabia, UAE
|
Key companies
profiled
|
Amcor
Plc, Sonoco Products Co., Mondi Plc, Constantia Flexibles GmbH, Coveris
Holdings SA, O F Packaging Pty Ltd, FLAIR Flexible Packaging Corporation,
Tetra Pak International S.A., ProAmpac Intermediate, Inc., Winpak Ltd.
|
Customization
scope
|
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
Pricing and
purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
Delivery
Format
|
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/Word
format on special request)
|