Boil-in-bag Market statistics and research analysis released in latest report

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Boil-in-bag Market share by applications and
regions for 2017- 2024
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• Overview

• Global Boil-in-bag Market size is likely to
  expand at a prominent CAGR in the forecast
  period. Boil-in-bag is a modern packaging format
  used for food items which can be directly
  cooked/heated in boiling water. 
• Positive growth indicators in the frozen food
  industry is likely to be a major factor
  contributing towards boil-in-bag market size in
  the coming years. Changing consumer lifestyle
  patterns mostly in urban setup is primarily
  fueling the product demand across the globe.
• Demanding life schedule, lesser time for proper
  meal intakes and progress in corporate sector is
  significantly changing the food habits of
  consumers globally. Henceforth, there is rising
  preference to-eat food products that aids in
  saving time. These factors are considerably
  accelerating demand for frozen, packaged and
  ready-to-eat food products, which in turn, is
  likely to propel product demand and boost
  boil-in-bag market size in the near future.
• Rising awareness among consumers regarding use of
  environment friendly products may hinder global
  boil-in-bag market growth in the coming years due
  to the non-biodegradable nature of plastic and
  polyethylene boil-in-bags. 

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• Based on the product type, the boil-in-bag market
  size is divided into paper, polyesters,
  polyethylene (PE), biodegradable plastic,
  aluminum foil and others which include ethyl
  vinyl acetate, fabric, etc. PE contributed a
  major chunk of the overall boil-in-bag market
  size in 2016 due to its easy availability and
  temperature resistance properties. Moreover,
  lesser water requirement in the product, makes it
  convenient and time saving for consumers which
  will subsequently augment the product demand and
  thus, will boost boil-in-bag market size by 2024.
• Based on food type, the boil-in-bag market is
  segmented into frozen food, meat poultry, sea
  food, ready to eat meals, fresh produce
  (vegetables) and others which include cereals,
  confectionary bakery products, etc. The frozen
  food segment led the overall boil-in-bag market
  size in 2016.
• The frozen food products demand is primarily
  driven by consumers need for prepared and
  ready-to-eat food owing to time constraints which
  is likely to propel demand for packaged food
  including cereals, breakfast food items, meat
  eggs and sea food. Rise in demand for any of the
  aforementioned products will directly boost the
  product demand as it is a convenient
  user-friendly alternative to traditional
  packaging options which in turn will make
  prominent contribution to boil-in-bag market size
  by 2024.

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• 360 Analysis

• North America attain a large portion of the
  overall boil-in-bag market size in 2016 owing to
  rising preference and demand for packaged
  frozen foods by consumers in the region.
  Similarly, Europe and Latin America showed
  exponential growth prospects for boil-in-bag
  market size due to the developed food beverage
  industry. 
• Asia Pacific boil-in-bag market size is
  anticipated to be the fastest growing region over
  the forecast period. This can be attributed to
  the rising socio-economic factors along with
  adoption of western culture of packaged foods by
  Asia Pacific consumers.
• The amplified spending pattern of people in
  countries mainly China, India, South Korea,
  Malaysia, Sri Lanka and Thailand are likely to
  fuel the boil-in-bag market growth over the
  forecast duration.
• Middle East Africa shall witness moderate
  growth in the coming years due to sluggish growth
  of food beverage industry in the region. 

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Competitive Trends

• The notable industries Global Boil-in-bag are
• Ampac Holdings LLC,
• Granitol,
• Mars Incorporated,
• PACKIT GOURMET LLC
• Morrisons.

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