Industry Outlook

Boil-in bags market is projected to reach US$ 592.0 Mn by 2026 with 6.3% CAGR during the forecast period from 2018 to 2026. In 2017, North America held the largest value share in the global boil-in bags market and Asia Pacific is projected to be the fastest growing region between 2018 and 2026.

Boil-in bags or boil bags are mainly defined as vacuum sealed food bags that are basically used for food preservation in freezer. These bags are generally used for storage as well as cooking. Different varieties of food can be cooked in boil-in bags that includes ham, rice, fish, zucchini, beef, salmon, veal shank and artichokes among others. These are also utilized for roasting meat and other food products in oven. Retaining and trapping moisture in food during cooking is one of the prime feature of boil-in bags. Boil-in bags varieties are basically manufactured by using heat-resistant nylon or polyester that aims to prevent their melting at food spoilage and cooking temperatures. Flexibility followed by ease of use and affordability are the prime advantages offered by boil-in bags.

Various food and beverages stores followed by leading restaurants have started acknowledging the benefits of using boil-in bags. Boil-in bags are mainly preferred over conventional plastic bags or storage containers. The reason being they aims to prevent food from getting exposed to moisture and oxygen. Oxygen and moisture when combined with food give rise to the growth of bacteria and mold. Hence these bags prevent the food from damage caused due to moisture and oxygen. USDA and FDA approvals have also enabled the manufacturers to widely use these boil-in bags for commercial usage.  Shifting consumer preference from traditional to ready to eat meals is mainly driving the global boil-in bags market. Trend shows that owing to busy lifestyles, consumers have less time to cook foods. Hence ready to eat meals or precooked food basically serves this purpose as it aims to provide simple cooking solutions and easily accessible food thereby the spiking the demand for boil-in bags during the forecast period from 2018 to 2026. As per National Institutes of Health (NIH), more than 90% of the U.S. population consumes ready meals on a daily basis, which further drives the growth of the global boil-in bags market. Manufacturers are also focusing on packaging factor to boost the demand of boil-in bags with an objective to retain food quality. Increase in demand for packaged food followed by developments in the food and beverages industry are other factors propelling the demand for ready to eat meals which in turn is expected to spur the market demand for boil-in bags. The essential requirement of preserving quality, shelf-life, texture, and tasty food products packed in boil-in bags, has further led the key players to focus effectively on new product design developments with an objective to realize efficient product preservation characteristics. Increase in single person household worldwide is another factor bolstering the market growth. Boil-in bags meals are increasingly becoming popular among this chunk of population owing to the fact that it facilitates individuals in desired taste preferences followed by faster meal preparation. Quick adoption rate of high temperature boil-in bags in institutional platform is also expected to augment the demand for boil-in bags. High temperature boil-in bags aims to offer high quality food and also reduces the meal preparation time which in turn is expected to drive the market demand for boil-in bags during the forecast period from 2018 to 2026.However, increasing awareness regarding the usage of eco-friendly products is restraining the growth of this market.

"Transparent Boil-in bags is the Largest Segment by Appearance in The Global Boil-in bags Market"

Trend shows that transparent food packaging aims to ensure visual authentication of food content which basically serves as an important parameter that mainly affects consumer’s perception regarding food quality. Transparent boil-in bags also provides a clear view of food condition and food content which in turn is expected to drive the demand for this segment during the forecast period from 2018 to 2026.Manfacturers have also started adopting to transparent packaging of boil-in bags owing to the growing awareness of health conscious consumers regarding original food quality. For example, in 2016, Sirane Ltd, based in U.K, launched transparent steam-cook bags. These bags are mainly designed to be used safely in conventional oven up to 200°C, in a microwave. In addition, these are also used in a freezer for eating and subsequent reheating. These bags are also used for storing and preserving fresh meat and fishes. The company also launched self-seal and heat sealable versions of these product that aims to keep the taste and flavor of food intact thereby enhancing the food quality. All these factors are expected to drive the demand for transparent boil-in bags.

"Plastic Segment Driving the Growth of Boil-in bags Market"

Growing demand for polyethylene based boil-in bags is mainly driving the global boil-in bags market. Polyethylene contributed to the major chunk of the overall market owing to its ease of availability followed by temperature resistance properties. In addition, these are also convenient and cost effective compared to other materials which in turn is expected to propel the demand for the global boil-in bags market. Polyethylene also increases the robustness and strength of boil-in bags. Plastic packaging of boil-in bags also facilitates the manufacturers to customize the size, shape and style as per consumer requirements. Plastic boil-in bags can also withstand extreme temperature and doesn’t degrade easily in hot and cold temperatures thereby preserving the food inside. It also aims to protect the food from oxygen, moisture, dust and odors. In addition, plastic boil-in bags are also recyclable and requires less energy to produce. As per United States EPA, plastic bags generate 80% less solid waste than paper and also use 40% less energy to produce. Hence, all these positive attributes of plastic are directly contributing to the market growth of boil-in bags market during the forecast period from 2018 to 2026.

"Frozen Food is the Largest Segment by Application in the Global Boil-in bags Market"

Boil-in bags mainly finds application in storing and preserving various frozen food that includes sea food, meat and poultry among others. Growth is mainly driven by increasing consumption of frozen food products in developing countries that includes India and China. Growing number of large retail chains that includes supermarkets and hypermarkets is also expected to boost the demand for this frozen food segment in the global boil-in bags market. Increase in disposable income followed by change in life styles of consumer is another factor contributing to the market growth. The global boil-in bags market for frozen food application serves both the retail and business consumers. Retail consumers includes household and individuals which mostly prefers cooked and semi cooked frozen food items. However, business consumers include fast-food outlets, hotel chains and caterers which majorly use frozen meat and sea food products. All these factors are expected to boost the demand for frozen food segment in the global boil-in bags market during the forecast period from 2018 to 2026.

"North America is the Largest Region in the Global Boil-in bags Market"

Globally, North America accounted for the largest share of boil-in bags market. The U. S held the largest share in the North America boil-in bags market. The growth is mainly attributed to the growing demand for plastic boil-in bags. Growing number of single person household is one of the prime factor driving the growth of this region during the forecast period from 2018 to 2026.Growing preference for packaged and frozen food owing to busy lifestyles of consumers is another factor contributing to the market growth. Sealed Air, based in the U.S, deals with wide varieties of boil-in bags under its brand name Cryovac. CN-530 TBG Cook-in Bag launched by the company is mainly suitable for post pasteurization of bone-in cuts. These bags are also used for storing and preserving processed meats and offers excellent moisture and oxygen barrier properties. Other cook in bags of the companies includes Cryovac® C5000, CN-350/CN-360 Perforated, CN-614 & CNC-614 and CN-600/CN-648 among others. Asia Pacific is estimated to grow at a swift rate in the global boil-in bags market during the forecast period from 2018 to 2026.

"Mergers and Acquisitions are the Key Strategies Adopted by the Manufacturers"

Key players operating in the global boil-in bags market includes ProAmpac LLC, UltraSource LLC, Universal Plastic Bag Co., M & Q Packaging Ltd, Granitol A.S., US Poly Pack, Packit Gourmet, Synpac Limted, E. I. du Pont de Nemours and Company, Sealed Air and Dongguan Ever-Glory Plastics Package Limited among others. In May 2018, ProAmpac LLC, based in the U.S, acquired Gateway Packaging Company, a technical products and flexible packaging company, based in White House, Tennessee. This acquisition will facilitate the company to increase the production of multi wall bags. The acquisition was also aimed at increasing the manufacturing capacity of various pouch formats.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Boil-in Bags market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Boil-in Bags market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Boil-in Bags market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Boil-in Bags market?
• Which is the largest regional market for Boil-in Bags market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Boil-in Bags market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Boil-in Bags market worldwide?