ALBANY, N.Y, Jan. 18, 2021 /PRNewswire/ — Self-heating food packaging is latest packaging technique that is gaining immense popularity owing to a plethora of advantages it offers. Convenient and instant use, time and energy efficiency, and packaging at adequate temperature are some of the key advantages of self heating food packaging technique.
In the latest technique, the addition of chemical substances in the food packaging allows to do away with the need for external heating or microwave of food and beverages. Cans, pouches, and bottles are some of the popular options available in the self-heating food packaging market.
Analysts at Transparency Market Research are of the opinion that the global self-heating food packaging market will grow at CAGR of ~3% and gain the valuation of approximately 1.3X than present size by the end of assessment period 2019–2027. Thus, the market for self-heating food packaging is estimated to gather the revenues of ~US$ 77 Mn by 2027 end
Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=15218
Self-Heating Food Packaging Market: Major Takeaways
- In remote high altitude areas and cold climatic conditions, it is critical to heat food prior to its consumption. However due to inaccessibility to any tools in these areas, earlier it was difficult to perform this activity. Self-heating food packaging has surfaced as a perfect solution to this issue. Thus, growing adoption of these new solutions in many regions is likely to generate promising sales opportunities in the global self-heating food packaging market in the upcoming years.
- In recent period, there is remarkable growth in the use of self-heating food packaging among major worldwide population. One of the key reasons supporting this scenario is the ability of these packaging systems to allow for instant heating of food and beverages products prior to consumption with no need of fire, stove, or oven.
Explore 131 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Self-heating Food Packaging Market (Packaging Type: Cans, Bottles, and Pouches; and End Use: Food [Ready-to-eat Food, Confectionery, and Baby Food] and Beverage [Soups and Tea & Coffee]) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/self-heating-food-packaging-market.html
Self-Heating Food Packaging Market: Growth Boosters
- The global self-heating food packing market is likely to expand at prodigious pace in the upcoming years. This growth is on the back of increased urbanization and growing trend of on-the-go food packaging in all worldwide locations.
- In recent few years, there is considerable growth in the expansion of various advanced packaging technologies. In addition to this, there is noteworthy growth in the adoption of various intelligent packaging devices such as sensors, time-temperature indicators, self-cooling, and self-heating containers with embedded electronic displays. These are some of the important factors propelling the expansion of the self-heating food packaging market.
- The rising trend of personalization, increased preference toward the use of holistic products, and introduction of new-patented self-heating food packaging technologies are some of the key factors boosting the growth opportunities for vendors working in the global self-heating food packaging market.
Analyze global self-heating food packaging market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study
Self-Heating Food Packaging Market: Competitive Landscape
The presence of many small-sized and unorganized players makes the competitive landscape of the global self-heating food packing market high intense. To maintain leading position, several enterprises are growing the use of various strategies.
Majority of players in the self-heating food packing market are adopting the strategy of research and development activities. Through this strategy, they are achieving technological advancements in their products. This scenario shows that the global self-heating food packaging market will expand at rapid pace throughout assessment period 2019–2027.
Request the Covid19 Impact Analysis at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=15218
Some key players in the self-heating food packaging market are:
- The 42 Degrees Company
- Tempra Technology
- Heat Food & Drink Ltd
- HeatGen, LLC.
- Luxfer Magtech Inc.
Explore Transparency Market Research’s award-winning coverage of the Global Packaging Industry:
Clinical Trial Packaging Market – The global clinical trial packaging market is expected to expand at a CAGR of 7.3% during the assessment period. Notable rise in the number of chronic diseases worldwide, increase in investments toward research and development, and support from governments to develop new drugs and medications are anticipated to drive the clinical trial packaging market during the forecast period.
Pet Food Packaging Market – The pet food packaging has attracted a steady spate of investments by packaging companies on the back of rising demands for pet food around the world. A large part of the drive to the pet food packaging market has emanated from the growing numbers of ownerships of pets in developed countries.
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Mr Rohit Bhisey
Transparency Market Research
90 State Street,
Albany NY – 12207
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/self-heating-food-packaging-market.htm
SOURCE Transparency Market Research