Global Retort Pouches Market 2020-2024
Technavio has been monitoring the retort pouches market and it is poised to grow by $ 671.25 mn during 2020-2024 progressing at a CAGR of 9% during the forecast period. Our reports on retort pouches market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand from developing countries and rising focus on lightweight packaging. In addition, demand for packaging in the food industry is anticipated to boost the growth of the market as well.
The retort pouches market analysis includes application segment and geographical landscape.
Technavio's retort pouches market is segmented as below:
- Curry and sauces
- Pet food
- Ready-to-eat food
By Geography landscapes
- North America
- South America
This study identifies the developments in the global retort pouches market as one of the prime reasons driving the retort pouches market growth during the next few years. Also, demand for spout and stand-up pouches, and increasing mergers and acquisitions (M&As) will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our retort pouches market covers the following areas:
- Retort pouches market sizing
- Retort pouches market forecast
- Retort pouches market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading retort pouches market vendors that include Amcor Plc, Clondalkin Group Holdings BV, Constantia Flexibles Group GmbH, Coveris Management GmbH, FLAIR Flexible Packaging Corp., Mondi Group, ProAmpac Intermediate Inc., Sealed Air Corp., Sonoco Products Co., and Winpak Ltd. Also, the retort pouches market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.