According to the latest report by IMARC Group, titled “India Retort Pouches Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”,the India retort pouches market size reached US$ 29.6 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 54.0 Million by 2027, exhibiting a growth rate (CAGR) of 10.4% during 2022-2027.
Current Trends & Future Predictions:
In recent years, the Government of India has undertaken initiatives, such as the 2016 agreement between the Defense Food Research Laboratory (DFRL) and the Indian Railway Catering and Tourism Corporation (IRCTC), to provide hygienic ready-to-eat (RTE) food to passengers. This represents the primary factor providing a positive thrust to the market growth. Moreover, rapid urbanization and changing dietary preferences due to the hectic schedules of individuals have led to an increase in packaged and single-serving food items such as milk, juice, and yogurt, which is another growth-inducing factor. Moreover, there have been increasing research and development (R&D) activities to improve the existing and incorporate new production methods as retort pouches help create brand awareness among consumers. These factors are expected to create a favorable market outlook across the country.
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Market Outlook:
Retort pouches are heat-resistant bags laminated with plastic and metal foil layers to withstand intense pressure. These pouches are sterilized at high temperatures to prevent the contents from spoilage. As a result, retort pouches enhance shelf life and retain flavors for a prolonged time.
Key Highlights of the Market Segmentation:
The report has segmented the India retort pouches market on the basis of product type, product capacity, closure type and material type.
Based on Product Type:
- Stand-Up Pouches
- Spouted Pouches
- Zipper Pouches
- Pillow Pack
- 3-Side Sealed
Based on Product Capacity:
- Low
- Medium
- High
Based on Closure Type:
- With Cap
- Without Cap
Based on Material Type:
- Polypropylene
- Aluminum Foil
- Polyester
- Nylon
- Paper & Paperboard
- Others
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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