Oven Bag & Pouch Trends and Forecast
The future of the global oven bag & pouch market looks promising with opportunities in the roasting meat, poultry, seafood, vegetable, and ready-to-eat meal markets. The global oven bag & pouch market is expected to reach an estimated $4.2 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing awareness of food safety and hygiene, rise in the popularity of ready-to-eat and frozen food products, and increasing demand for convenient and time-saving cooking solutions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Oven Bag & Pouch by Segment
The study includes a forecast for the global oven bag & pouch by type, application, and region.
Oven Bag & Pouch Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Aluminum
• Nylon
• Polyethylene Terephthalate (PET)
• Polypropylene (PP)
• Polyethylene Ethylenephthalate (PE)
Oven Bag & Pouch Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Roasting Meats
• Poultry
• Seafood
• Vegetables
• Ready-to-Eat Meal
• Others
Oven Bag & Pouch Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Oven Bag & Pouch Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies oven bag & pouch companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the oven bag & pouch companies profiled in this report include-
• S. C. Johnson & Son
• Reynolds Group Holdings
• Sealed Air
• Mondi
• Berry Global
• The Clorox
• Bemis
• DuPont Teijin Films
• Gr. Sarantis
• M&Q Packaging
Oven Bag & Pouch Market Insights
Lucintel forecasts that aluminum is expected to witness the highest growth over the forecast period due to its superior heat conduction and retention that leads to better cooking results and potentially reducing energy consumption.
Within this market, roasting meat is expected to witness the highest growth over the forecast period.
APAC will remain the largest region over the forecast period due to rising demand for oven bags and pouches from a variety of sectors, such as food service, retail, and catering in the region.
Features of the Global Oven Bag & Pouch Market
Market Size Estimates: Oven bag & pouch market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Oven bag & pouch market size by type, application, and region in terms of value ($B).
Regional Analysis: Oven bag & pouch market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the oven bag & pouch market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the oven bag & pouch market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the oven bag & pouch market size?
Answer: The global oven bag & pouch market is expected to reach an estimated $4.2 billion by 2030.
Q2. What is the growth forecast for oven bag & pouch market?
Answer: The global oven bag & pouch market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the oven bag & pouch market?
Answer: The major drivers for this market are growing awareness of food safety and hygiene, rise in the popularity of ready-to-eat and frozen food products, and increasing demand for convenient and time-saving cooking solutions.
Q4. What are the major segments for oven bag & pouch market?
Answer: The future of the oven bag & pouch market looks promising with opportunities in the roasting meat, poultry, seafood, vegetable, and ready-to-eat meal markets.
Q5. Who are the key oven bag & pouch market companies?
Answer: Some of the key oven bag & pouch companies are as follows:
• S. C. Johnson & Son
• Reynolds Group Holdings
• Sealed Air
• Mondi
• Berry Global
• The Clorox
• Bemis
• DuPont Teijin Films
• Gr. Sarantis
• M&Q Packaging
Q6. Which oven bag & pouch market segment will be the largest in future?
Answer: Lucintel forecasts that aluminum is expected to witness the highest growth over the forecast period due to its superior heat conduction and retention that leads to better cooking results and potentially reducing energy consumption.
Q7. In oven bag & pouch market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rising demand for oven bags and pouches from a variety of sectors, such as food service, retail, and catering in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the oven bag & pouch market by type (aluminum, nylon, polyethylene terephthalate (PET), polypropylene (PP), and polyethylene ethylenephthalate (PE)), application (roasting meats, poultry, seafood, vegetables, ready-to-eat meal, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Oven Bag & Pouch Market, Oven Bag & Pouch Market Size, Oven Bag & Pouch Market Growth, Oven Bag & Pouch Market Analysis, Oven Bag & Pouch Market Report, Oven Bag & Pouch Market Share, Oven Bag & Pouch Market Trends, Oven Bag & Pouch Market Forecast, Oven Bag & Pouch Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.