Convenience is a major differentiating factor in packaging solutions. Recent innovations in retort packaging have emphasized reducing the overall weight of the materials, without compromising the packaging quality. This emphasis on weight reduction has received wide appreciation and is expected to be extensively adopted by the industry. The drastic rise in the number of packaged food products occupying shelf-space in the market, which has boosted the demand for packaged food products, further.
Owing to various advantages such as high shelf life equal to metal containers, resistance to corrosion, customizable size, etc. compared to the other available alternates, pouches are one of the most widely used packaging methods. The manufacture of pouches is easier compared to other forms of packaging. The rapid transfer of heat, aids in the preparation and sterilization during packaging. The thin profile of the pouch contributes to about 30%-40% reduction of processing times; these factors have further aided in the growth of pouches for retort packaging. Governments of countries, like India, have been keen on producing vegetables and other ready-to-eat food in pouches to avoid contamination of the products. This also enables the availability of such foods off the shelf. These pouches also can be vacuum-packed, which can be used for products, like smoked seafood.
The United States accounts for more than 20% of the global food-retail industry, with estimated market size of more than $1 trillion. The retail food industry is witnessing growth, owing to the growing demand for packaged food products. Further growth has been forecasted for the market, because of the rise in investments in the healthcare industry, for flexible and retort packaging solutions. The major industry players’ increasing focus on lucrative market opportunities has resulted in major revenue-generating opportunities in the region. Being home to some of the biggest retail stores and highly-informed customers, makes North America, a very favorable destination for investments in the retort-packaging market.
More info: Retort Packaging Market - Growth, Trends, and Forecast (2020 - 2025)