The global food bags market size is expected to increase from USD 824.0 million in 2023 to USD 1,594.3 million by 2033. In 2022, the worldwide food bags industry totalled a valuation of USD 770.4 million and it is set to exhibit Y-o-Y growth of 7.0% in 2023. Over the assessment period from 2023 to 2033, global food bag sales are likely to soar at 6.8% CAGR.
A new estimation predicts the global market for food bags to register robust growth, generating an attractive incremental growth opportunity of USD 823.9 million. It is predicted to expand 2.1x times the current market value during the forecast period.
Foodservice outlets segment by end use is projected to hold a share of about 47.8% in 2033. This is due to rising usage of food bags in food services outlets such as restaurants and hotels.
Demand remains particularly high for disposable food bags globally. The disposable segment holds a market share of 71.1% and it is expected to thrive at a CAGR of about 6.5% over the forecast period.
Key Market Shaping Factors
Food bags have become essential food packaging solutions across food service sector and households. They are being widely utilized to prepare, store, or transport food products. These packaging solutions ensure that food remains fresh, hygienic, and convenient to transport.
Packaging solutions such as food bags offer a convenient way to package and carry food products. Growing demand for ready-to-eat meals and on-the-go food products is creating a need for functional and easy-to-use food bags.
The global demand for food bags is expected to surge due to the increasing adoption of innovative packaging solutions by ready-to-cook food and meal kit manufacturers. Increasing consumption of packaged food across the world is expected to power up food bag sales.
The rise of catering and food delivery services has created a high demand for packaging solutions such as food bags that can maintain the quality and freshness of meals during transportation. Thus, expansion of food service sector will play a key role in fueling demand for food bags during the assessment period.
Similarly, rising adoption of food bags in households is expected to boost the global food bags industry during the projection period.
The exponential growth of e-commerce and food delivery is another prominent factor creating growth prospects for global food bag manufacturing companies. This is because food bags are essential for delivering food items to consumers’ doorsteps in a fresh, hygienic, and presentable manner.
Advancements in packaging technology are allowing companies to develop more advanced and functional food bags. This is expected to further boost growth in the target market.
Attributes | Key Insights |
---|---|
Estimated Global Food Bags Market Value (2023) | USD 824.0 million |
Projected Market Size (2033) | USD 1,594.3 million |
Value CAGR (2023 to 2033) | 6.8% |
Collective Value Share: Top 5 Companies (2022A) | 5% to 10% |
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Global sales of food bags market grew at a CAGR of 3.2% during the historic period from 2018 to 2022. Total market value at the end of 2022 reached USD 770.4 million.
Looking ahead, the global market for food bags is forecast to thrive at 6.8% CAGR during the projection period. It is anticipated to attain a high valuation of USD 1,594.3 million by the end of 2033.
Food bag provides a convenient cooking method by enclosing the food in a bag and placing it directly in a microwave or conventional oven. The bag helps to seal the flavor and moisture of the food while maintaining its integrity throughout the cooking process.
Food bag manufacturing companies are focusing on providing innovative solutions for the food service sector as the use of online food delivery is booming.
With the growing emphasis on sustainability, there is a rise in the availability of eco-friendly and biodegradable oven-friendly food bags. These bags are made from materials that are renewable, compostable, or recyclable, reducing the environmental impact.
The USA Food and Drug Administration (FDA) regulates food contact materials, including oven bags, under the Federal Food, Drug, and Cosmetic Act. The FDA establishes standards and requirements for the safe use of materials and substances in contact with food.
Oven bags sold in the United States must comply with FDA regulations for food labeling. This includes proper labeling of ingredients, allergen declarations, nutritional information, and any required warnings or instructions for use.
Increasing popularity of home cooking is acting as a catalyst triggering food bag sales. With more people engaging in home cooking, demand for efficient meal preparation and storage solutions is rising rapidly. This is encouraging the adoption of food bags.
Food bags provide a convenient and versatile option for storing ingredients, marinating foods, and storing leftovers. The demand for food bags increases as individuals look for practical solutions to organize and preserve their homemade meals.
Sales of food bags are also expected to surge due to the increasing adoption of innovative packaging solutions by ready-to-cook food and meal kit manufacturers.
Growing Focus on Improving Food Safety and Reducing the Risk of Cross-Contamination Boosting the Market
Consumers prefer to cook in bags to reduce the risk of various infectious diseases such as campylobacter (an infectious disease caused by eating food contaminated with campylobacter species).
Campylobacter is the most common cause of food poisoning all over the world due to unhygienic distribution channels and undercooking of meat and poultry. Cook-in-bag packaging provides a strong barrier to campylobacter infections.
The food bag remains sealed from the time it is packed to the time it is cooked in an oven or microwave. It can be heated up to 200-degree centigrade to avoid undercooking.
Food bags also keep the food away from direct contact with different people involved in the distribution process. Thus, the contamination risk is reduced to a minimum level.
The sealed environment helps to lock in moisture, reducing the need for additional fats or oils to prevent dryness. This can be appealing to individuals who are conscious of their fat intake or are following a low-fat diet.
Rising Popularity of Food Bags Among Seafood Marketers to Trigger Sales
Food bags as an oven-friendly packaging solution offer tremendous growth opportunities to seafood marketers. By offering food bags alongside their seafood products, marketers can differentiate themselves from competitors.
The inclusion of food bags can add value to the seafood purchase, giving customers an additional cooking tool that enhances their overall experience. This differentiation can be particularly relevant for seafood marketers targeting convenience-oriented or time-constrained consumers.
Food bags help seal in flavors and moisture during the cooking process, resulting in tender and succulent seafood. By promoting the use of food bags, seafood marketers can highlight the benefits of enhanced flavor infusion and moisture retention, which can attract customers seeking high-quality seafood meals.
Adoption of food bags also minimizes the risk of various seafood-borne diseases. These attributes attract end consumers and create an opportunity for seafood marketers to present their products in a more distinguished manner.
Country | United States |
---|---|
Market Share (2023) | 17.4% |
Market Share (2033) | 12.9% |
BPS Analysis | -450 |
Country | Brazil |
---|---|
Market Share (2023) | 2.5% |
Market Share (2033) | 3.0% |
BPS Analysis | 50 |
Country | China |
---|---|
Market Share (2023) | 9.0% |
Market Share (2033) | 8.0% |
BPS Analysis | -100 |
Country | ASEAN |
---|---|
Market Share (2023) | 3.2% |
Market Share (2033) | 3.7% |
BPS Analysis | 50 |
Country | Germany |
---|---|
Market Share (2023) | 5.4% |
Market Share (2033) | 4.0% |
BPS Analysis | -140 |
Country | United Kingdom |
---|---|
Market Share (2023) | 4.5% |
Market Share (2033) | 4.1% |
BPS Analysis | -40 |
Country | Russia & Belarus |
---|---|
Market Share (2023) | 4.4% |
Market Share (2033) | 6.5% |
BPS Analysis | 210 |
Rise in Online Food Delivery Culture Boosting the United States Food Bags Industry
The United States dominates the food bags industry in terms of market share and revenue due to growth in the e-commerce sector and surge in the number of online food ordering.
In recent years, there has been a dramatic increase in online food orders across the United States. This is due to changing lifestyles, rising disposable income, and rise in the number of online food delivery platforms. Driven by this, demand for food bags is rising rapidly across the country, and the trend is expected to continue through 2033.
Growing adoption of eco-friendly packaging solutions in households will further boost the market growth in the United States.
According to Future Market Insights (FMI), the United States food bags market is anticipated to offer an incremental opportunity of USD 66.6 million over the forecast period.
Rising Spending on Ready-to-eat Food Products Making China a Lucrative Market for Food Bags
As per Future Market Insights’ (FMI) latest analysis, China is estimated to provide an incremental opportunity of USD 55.4 million by 2033. Overall food bag sales in the country are likely to rise at a steady pace during the projection period.
Rapid population growth, urbanization, and changing lifestyles & eating habits are few of the key factors driving China food bags industry forwards.
Over the past few decades, populated countries like China have become highly lucrative markets for food bag manufacturers. Changes in food consumption habits such as growing use of ready-to-eat meals in these countries are creating growth opportunities for the food bags industry.
Growing demand for convenient, on-the-go food options that often come in packaging like food bags will further boost China market through 2033.
Further, increasing food safety concerns and rise of e-commerce and food delivery platforms in China are likely to uplift food bag demand during the assessment period.
Several Benefits Offered by Disposable Food Bags Making them Popular
Based on bag type, demand is anticipated to remain high for disposable food bags. This is due to various benefits including convenience, food safety, and cost-effectiveness offered by disposable bags.
As per Future Market Insights (FMI), disposable bag segment is estimated to hold a prominent market share by creating an incremental opportunity of USD 565.2 million during the forecast period.
Using plastic oven bags can simplify the cleanup process since they help contain any drippings or messes that may occur during cooking.
Disposable food bags are lightweight, cost-effective, and easy to use. They provide a convenient way for storing and carrying various food items including lunches, take-out meals, or storing leftovers.
Growing focus on improving hygiene and food safety is also encouraging the adoption of disposable food bags. This is because these single-use food bags can help maintain hygiene and prevent cross-contamination. They also help in reducing food waste.
Thus, rising awareness about the benefits of disposable food bags will continue to fuel their demand during the assessment period.
Manufacturers Usually Prefer Plastic Material for Making Food Bags
According to Future Market Insights (FMI), plastic remains the most frequently used material for making food bags. This is attributable to various advantages of plastic including low cost, versatility, flexibility, easy availability, and excellent barrier properties.
The plastic segment is likely to hold around 44.0% of the market in 2033. Further, it is expected to create an incremental opportunity of about USD 305.0 million during the forecast period.
The plastic segment comprises materials such as polyester, PET (Polyethylene terephthalate), and Polypropylene. Plastic materials such as polyester have excellent heat resistance properties, allowing them to withstand the high temperatures typically encountered during oven cooking.
They offer improved protection to food products, thereby extending their shelf life. Growing end user demand for plastic food bags due to their several benefits including excellent barrier properties will boost the target segment through 2033.
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Key food bag manufacturers are gaining market value by developing innovations and advancements in the food bags industry. They are also implementing strategies such as mergers, facility expansions, collaborations, acquisitions, partnerships, and agreements to gain a competitive edge in the market.
For instance,
Attributes | Details |
---|---|
Estimated Market Value (2023) | USD 824.0 million |
Projected Market Value (2033) | USD 1,594.3 million |
Anticipated Growth Rate (2023 to 2033) | 6.8% CAGR |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD Million, Volume in Units and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Material Type, Bag Type, Size, Sales Channel, End Use, Region |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, Russia, GCC Countries, China, India, Australia |
Key Companies Profiled | Amcor Plc; Reynolds Consumer Products Inc.; Sealed Air Corporation; Sirane Limited; M&Q Packaging, LLC; FFP Packaging Ltd.; Melitta Group AG; Sunkey Corporation; Aalmir Plastic Industries LLC; Al Bayader International; EcoPack; HDK Packaging Co., Ltd; Flexipol; Handgards; S. C. Johnson & Son, Inc. |
The rising popularity of eco-friendly food bags is the top trend.
Plastic remains the most frequently used material for making food bags.
The rise in online food delivery culture boosts the United States market.
Advancements in packaging technology drive sales.
The market is expected to register a CAGR of 6.8% through 2033.
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