Representing growing preference for plastic boil-in bags, the report foresees growth of the plastic material segment to surpass revenue worth US$ 240 Mn in 2017 and is projected to grow at a CAGR of 6% during the forecast period of 2018 – 2026
Albany, NY -- (SBWIRE) -- 07/13/2018 -- An upsurge in the demand for ready-to-eat meals on the backdrop of changing consumer preferences, on-the-go lifestyle, and demand for convenience foods is likely to escalate growth of the boil-in bags market in the future. These insights are according to the report, titled "Boil-in Bags Market – Global Industry, Size, Share, Growth, Trends and Forecast 2018 – 2026," added to the comprehensive repository of Market Research Reports Search Engine (MRRSE) recently. Growing demand for ready-to-eat food including frozen foods, rice, cereals, bakery, and confectionery among others will fuel the demand for boil-in bags in the foreseeable future.
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In addition, growing numbers of single-person households is another factor pushing the sales of boil-in bags. To accommodate the burgeoning demand for boil-in bags, manufacturers are adopting novel production methods such as attractive boil-in bags that deliver preservation of quality, taste and texture for a longer shelf time.
A variety of materials are used in the manufacturing of boil-in bags including different types of plastic and aluminium foil. Representing growing preference for plastic boil-in bags, the report foresees growth of the plastic material segment to surpass revenue worth US$ 240 Mn in 2017 and is projected to grow at a CAGR of 6% during the forecast period of 2018 – 2026.
Boil-in Bags Market: Scope of the Report
This study delivers a comprehensive analysis which will help analysts to devise key growth strategies based on important insights delivered in the boil-in bags market report. Discussion on the past, present, as well as future analysis of important market trends, provides the readers with an all-inclusive market outlook. Valuable market insights and qualitative as well as quantitative data of individual market segments enable business professionals to device future business strategies in the boil-in bags market.
A systematic approach has taken to divide the report into sophisticated sections. The report commences with an overview of the boil-in bags market, evaluating market performance in terms of revenue, followed by a thorough analysis of market drivers and restraints based on a weighted average model. Prominent value additions provided in the report with respect to key market segments can deliver the readers to further gain essential insights of current as well as future market dynamics of the boil-in bags market. Regional analysis, especially in-depth country-wise market scenario, can assist the market players to completely fathom the global market scenario and identify untapped opportunities in the boil-in bags market.
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Boil-in Bags Market: Research Methodology
Systematic and extensive research methodology has been followed to develop the report of boil-in bags market. Market data collected from industry analysts and market participants across key points in the industry's value chain has been thoroughly studied to deliver an accurate qualitative as well as quantitative forecasts of the boil-in bags market. The market data, which include global as well as regional numbers in terms of value and volume, has been derived from financial and annual reports of leading players in the boil-in bags market.
Exhaustive primary, as well as secondary research, has been carried out to arrive at the market estimates. Primary research included surveys, interviews, and observations of the seasoned analysts interested in the expansion of boil-in bags market. In-depth study of reputable paid sources, trade journals, and industry body databases comprise secondary research. Extensive research methodology as such has made the report the most credible go-to-forecast of the boil-in bags market between the period 2018 and 2026.
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