Market Insights

The Boil-In Bags Market is projected to grow from USD 351.2 million in 2020 to USD 481.9 million by 2026 at a CAGR of over 5.5% during the forecast period.

Figure: Boil-In Bags Market Size, 2020-2026 (USD Billion)

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What are boil-in bags?

The term, boil-in bags, also known as vacuum-sealed food bags are bags in which the bagged food is cooked or heated in boiling water. Rice, fish, ham, zucchini, veal shank, and salmon, among other foods, can be cooked in boil-in bags. These are also widely used for roasting food products such as meat in an oven.

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Key Players

Key players operating in the boil-in bags market are-

• ProAmpac (US)
• UltraSource
• Granitol (Czechia)
• M and Q Packaging
• Packit Gourmet
• US Poly Pack
• Synpac (UK)
• Shenyang Dongya Composite Packaging and Color printing factory (China)
• Shenzhen Ken Hung Hing Plastic Products (China)
• Shenzhen Dingqi Pack (China).

Market Dynamics

Consumers gradually shifting their preference from conventional to ready-to-eat meals are a key factor augmenting the product demand. In addition, due to busy lifestyles and time constraints, consumers have less time to cook foods, which further boosts the market growth. Moreover, precooked and convenience foods, thus, cater to their purpose, which spurs the boil-in bags market growth. Also, increasing demand for higher flexibility, high-temperature boil-in bags, and affordability of such bags, and their property of preserving the stored food for a long time further bolsters the industry growth.

Segments' Analysis

Application Trends

By application, the boil-in bags market has been classified into frozen food, meat and poultry, seafood, and others. Under these, the frozen food segment accounted for a significant market share in 2020. The frozen food segment growth s mainly driven by consumers' need for prepared and ready-to-eat food due to time constraints which are likely to promulgate the demand for packaged food such as breakfast food items, cereals, meat & eggs, and seafood, thus bolstering the segment growth.

Regional Trends

By region, the market in the Asia Pacific accounted for a significant market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is mainly ascribed to the increasing socio-economic factors coupled with the adoption of western culture of packaged foods by Asia Pacific consumers. Moreover, the rising spending pattern of people in countries mainly India, China, Malaysia, South Korea, Sri Lanka, and Thailand, further proliferates regional growth.

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COVID-19 Impact on Boil-In Bags Market

The COVID-19 outbreak moderately affected the growth of the boil-in bags market. The pandemic has turned the lives of people worldwide, with the number of cases increasing rapidly which has resulted in supply chain disruption. Although, the food & beverages sector was less affected and there was a strong need for convenience foods, which spurred the market growth amid the pandemic. However, as people were stuck in their homes, they cooked fresh food for themselves, which affected the boil-in bag's product demand.

Critical Questions Answered in the Report

• What are the key trends in the boil-in bags market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the boil-in bags market?
• What are the key strategies adopted by the major vendors to lead in the boil-in bags market?
• What is the market share of the top vendors?

Target Audience

Here is the list of the group of customers that the boil-in bags market hopes to have the greatest opportunity to convert-

• Boil-In Bags distributors
• Boil-In Bags suppliers
• Boil-In Bags manufacturers
• Logistics organizations
• Government bodies

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