Oven Bags and Pouches Market

The oven bags and pouches market is expected to rise at a CAGR of 8.5% during the forecast period of 2022 to 2030. The increasing trend of making meals at home and the need for ready-to-eat meals are driving market growth. Increasing health and wellness awareness also contributes to this industry’s growth. Changing lifestyles throughout the world has increased the demand for practical packaging options. This increased demand for convenient packing. Health hazards due to the use of oven bags and pouches are limiting the market growth. Volatile and nonvolatile organic chemicals migrate from oven bags to food in pouches or bags. Innovative products like stand-up ovenable pouches assist overcome such limitations by creating new business paths.

Concerns concerning the health dangers caused by oven bags and pouches due to the transfer of volatile and non-volatile organic chemicals to food items operate as a barrier to market expansion. This slows market growth. Oven bags’ plastic components take a long time to biodegrade, which harms the environment. The oven bags and pouches sector has technological obstacles related to innovation and product line enhancement. Innovative goods like stand-up ovenable pouches help overcome such limitations by creating new market expansion channels. Nylon has a significant consumer base in North America and Europe and is expected to post a CAGR of 8.5% from 2022 to 2030. During the projection period, PET is expected to grow by 8.2%. Aluminum and other materials may lose market share due to health risks.

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Packaging types include oven bags and pouches. In 2021, the market sector that deals with bags leads in market sales due to their widespread use in food processing facilities and by individuals. Since ready-to-eat meals are now available in pouches that can be heated in the oven, the pouches subsegment’s market share has increased. The pouches segment is expected to rise 8.5% from 2022 to 2030. Bags made from food-safe polymers. FDA-compliant bags are devoid of BPA and other harmful substances. This feature ensures no dangerous chemicals or poisons are released when the meal is heated. These advantages may help the oven bags and pouches industry flourish. In the coming years, breakthrough technologies and new features will drive the oven bags and pouches industry. The advantages of oven bags and pouches will drive market growth. Research and development will create huge opportunities for oven bags and pouches.

The meat segment accounted for over 40% of the global oven bags and pouches market’s revenue in 2021, making it the largest application category. In winter, customers prefer to cook at home rather than eat out, therefore demand for these products is higher than in summer and spring. Due to growing demand from China, India, Brazil, etc., the poultry sector accounted for a large portion of the application segment. In these countries, chicken is a popular home-cooked alternative to eating out. A rise in global chicken wing consumption has led to a rise in its popularity and adoption rate among wing-eaters, which will raise its demand in the coming years. During the projected period, the ready-to-eat meal segment is expected to rise by above 5% CAGR. This is because people want convenient, healthy, no-prep meals. This development may be due to individuals preferring pre-packaged, easy-to-carry convenience goods. Fast-food outlets are also contributing to this increase. Technological improvements in the food business are also contributing to this increase by delivering novel solutions like microwaveable oven bags and pouches. This helps consumers.

In 2021, Europe contributed 42% of market revenue. Europe dominates the global oven bag and pouch market in value and volume. As consumers migrate toward ovenable packaging, the market for oven bags and pouches is expected to grow in the area and South Africa. Asia Pacific will increase at a 10% CAGR from 2022 to 2030. China is one of the fastest-growing regional markets. Due to rising demand for food service, retail, and catering, the region is expected to maintain its dominant position over the projected period. China is a large consumer of oven bags and pouches due to rising middle-class discretionary spending and health benefits awareness. North America has been a major market for oven bags and pouches due to increased demand from U.S. food service companies. These items are used for outdoor cooking at hotels, restaurants, and on camping vacations. Latin America’s market is predicted to grow at a 7.5% CAGR.

Mergers and acquisitions boost the oven bag and pouch business. These techniques help firms maintain market position and competition. Key corporations prioritize R&D. Players in the worldwide oven bag and pouch market focus on product development to get a competitive edge. S. C. Johnson & Son, Reynolds Group Holdings Ltd., Sealed Air Corporation, Mondi Group, Berry Global Group, Inc., The Clorox Company, Bemis Company, Inc., DuPont Teijin Films U.S. Limited Partnership, Gr. Sarantis SA, M&Q Packaging, LLC, The Schur Flexibles Group, FFP Packaging Ltd., Sunkey Plastic Packaging Co. Ltd, Sirane Limited are market leaders. S. C. Johnson & Son, Reynolds Group Holdings Ltd., Sealed Air Corporation, Mondi Group, Berry Global Group, Inc., and The Clorox Company.

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