Across the world, there has been a rapid rise in the frozen food industry and one of the prime factors behind this growth is the changing lifestyles of the global population. Similarly, due to a growing on-the-go lifestyle, consumers are preferring ready-to-eat meals over traditional meals to be prepared which as a result propelling the growth of boil-in bags market. To elaborate further, Market Research Hub (MRH) has broadcasted a fresh study titled “Boil-in Bags Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026” to its online repository. The study makes available readers with a complete analysis of the global market through the detailed assessment of boil-in bags market and the market’s competitive dynamics by profiling leading market players.
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The research report also includes forecast analysis for a period of eight years, starting from 2017 (base year) till 2026 (assessment year). Various trends, developments, challenges and drivers that impact the growth of the boil-in bags market are analyzed and their changing dynamics across key regions of South America, North America, Asia Pacific, Middle East and Africa (MEA) and Europe is included in this research study.
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Key Highlights from the Study
- One of the major advantages of boil-in bags is that it helps to preserve the flavors and taste of the food items while keeping them in a perfect state. As per the study key evaluations, the global boil-in bags market has witnessed astonishing growth in the recent past, owing to consumer changing preferences from traditional meals to ready-to-eat meals. This factor will continue to boost the demand for boil-in bags during the forecast period 2018-2026. Other factors such as the busy schedule of individuals in urban cities and growth of the corporate sector are expected to propel growth of the global boil-in-bag market in the near future.
- This systematic research report further covers various segments of global boil-in bags market on the basis of material type, packaging size, sales type, and application. By material type, the research finds that plastic segment is the most attractive product segment. Globally, the plastic material type segment is projected to increase at a CAGR of 6% during the forecast period 2018-2026. By packaging size, the study covers less than 150X240 mm, 150X240 to 240X380 mm, 240X380 to 380X500 mm, and more than 380X500 mm. On the basis of sales type, the boil-in bags market is classified into institutional sales and retail sales.
- In terms of geography, North America dominates boil-in bags market globally by value and volume. The U.S. is the major contributor in North America boil-in bags market.
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