Retort packaging is a type of food packaging where the food & beverages and pharmaceuticals are packed into a metal or pouch can, sealed, and then heated to enormously high temperatures, making the product commercially sterile. Retort packaging uses the concept of aseptic packaging. Retort pouches are used as a substitute to conventional industrial canning methods.
The increase in disposable income in developing countries and the increase in demand for the ready-to-consume food is majorly contributing to the growth of Retort packaging Market Size. The market is also extensively driven by the reducing cost of raw materials, required for the manufacturing of the retort packages. The increase in demand for packed food, baby food and the pet food with the changing lifestyle, is contributing to the growth of the metal Retort packaging Market Size. However, the popularity of the concept of raw material recycling is expected to restrain the growth of the Retort packaging Market Size.
Key Players
The key players of Retort packaging Market Size are Amcor Ltd.( Australia), Berry Plastics (U.S.), Ampac Holdings, LLC (U.S.), Clondalkin Group (Netherlands), Sealed Air Corporation(U.S.), Astrapak Limited (South Korea), Bemis Company Inc. (U.S), Coveris Holdings S.A. (U.S.), Mondi PLC (Austria), Sonoco Products (U.S.) and others.
Study Objectives
Regional Analysis
The Retort packaging Market Size can be geographically segmented into North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). Asia-Pacific is expected to dominate the global Retort packaging Market Size due the increase in disposable income in the developing economies such as India and China. The rising popularity of ready-to-eat food and the packaged food, due to the change in lifestyle of people, is also expected to contribute to the growth of Asia Pacific Retort packaging Market Size.
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