India Retort Pouches Market to Reach US$ 80.4 Million by 2032, Spurred by the Expanding F&B Industry

November 16, 2022 | Packaging

The latest report by IMARC Group, titled “India Retort Pouches Market Report by Product Type (Stand-Up Pouches, Spouted Pouches, Zipper Pouches, Pillow Pack, 3-Side Sealed), Capacity (Low, Medium, High), Closure Type (With Cap, Without Cap), Material Type (Polypropylene, Aluminum Foil, Polyester, Nylon, Paper & Paperboard, and Others), Application (Food and Beverage, Healthcare), and Region 2024-2032,” finds that the India retort pouches market reached a value of US$ 36.3 Million in 2023. Retort pouches are heat-resistant flexible packages in which prepared food is sealed for long-term unrefrigerated storage. They are made of various materials, including polypropylene, polyethylene, polyamide, polyethylene terephthalate (PET), aluminum foil, and nylon. These pouches are used to pack rice, sauces, soups, pasta, ready-to-eat meals, and cook-in-a-bag meals, which are sealed and sterilized at a maximum temperature of 121°C to prevent the contents from spoilage. They also provide various benefits such as strength/toughness, puncture resistance, flexibility, heat-sealed surface, protection from abrasion, lights, odor, and gases, retained flavors, and extended shelf life. Owing to these properties, retort pouches are extensively utilized in food and beverage (F&B), pharmaceutical, and personal care industries across the globe.

India Retort Pouches Market Trends:

The market is primarily driven by the expanding food and beverage (F&B) industry across the country. In addition, the increasing demand for single-serve food products due to the hectic lifestyles of the working-class population represents another major growth-inducing factor. Moreover, the Government of India is undertaking several initiatives to promote the use of eco-friendly food packaging, such as retort pouches, as they require less energy to manufacture, process, transport and store than cans or jars, thus minimizing carbon footprint.. Besides this, the rising disposable incomes of individuals are influencing the market growth. Furthermore, key players such as Logos, and Floater India retort-Pouches (P) LTD, are offering customization in terms of format, materials, size, and closure type, which is also contributing to the market growth. Other factors, including infrastructure development, high birth rates, increasing consumption of meat, poultry, and seafood, and rapid urbanization, are creating a positive market outlook across India. Looking forward, IMARC Group expects the market value to reach US$ 80.4 Million by 2032, exhibiting a CAGR of 8.9% during the forecast period (2024-2032).

Market Summary:

  • Based on the product type, the market has been segregated into stand-up pouches, spouted pouches, zipper pouches, pillow packs, and 3-side sealed.
  • On the basis of capacity, the market has been divided into low, medium, and high.
  • Based on the closure type, the market has been bifurcated into with cap and without cap.
  • On the basis of the material type, the market has been segmented into polypropylene, aluminum foil, polyester, nylon, paper & paperboard, and others.
  • Based on the application, the market has been classified into food and beverages (F&B) and healthcare.
  • Region-wise, the market has been divided into North India, West and Central India, South India, and East India.
  • The competitive landscape of the market has also been examined in the report, along with the profiles of key players operating in the industry.
     

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Product Type, Capacity, Closure Type, Material Type, Application, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
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Post-Sale Analyst Support 10-12 Weeks
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India Retort Pouches Market to Reach US$ 80.4 Million by 2032, Spurred by the Expanding F&B Industry
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