Global Self-Heating Food Packaging Market Outlook
According to a new report by Expert Market Research titled “Global Self-Heating Food Packaging Market Size, Share, Analysis, Report, Demand, Forecast 2023-2028″, the global self-heating food packaging market reached a value of around USD 66.4 billion in 2022. Aided by the escalating demand for convenience food products and growing applications of self-heating packaging across various sectors, the market is projected to further grow at a CAGR of 6.20% between 2023 and 2028 to reach a value of USD 95.3 billion by 2028.
Self-heating food packaging incorporates a unique technology that allows the package to heat food without any external heat sources or power. Its applications span across various products, including ready-to-eat meals, soups, coffee, and baby food. This packaging plays a key role in providing convenience, retaining the nutritional properties of food, and enhancing the overall consumer experience. Apart from its primary function, self-heating food packaging also offers superior insulating properties, ensuring the food remains hot for an extended period, thereby making it an attractive option for various industrial applications, including military operations, outdoor activities, and travel.
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The increasing consumer inclination towards convenience food products is driving the global self-heating food packaging market growth. The demand for self-heating food packaging has increased as a result of a growing awareness of the advantages of convenience foods and the considerable movement towards ready-to-eat meals. Additionally, the appeal of self-heating food packing has grown as a result of the popularity of outdoor activities, since it offers a useful and practical alternative for food consumption in remote areas.
The expanding applications of self-heating food packaging in various sectors is also propelling the self-heating food packaging market expansion. In the military sector, self-heating packaging is used for providing warm meals to soldiers in remote and harsh locations. The travel industry utilises self-heating food packaging for offering hot meals to travellers, especially in areas without readily accessible food facilities. Moreover, the ability of self-heating packaging to maintain food temperature and quality makes it an essential component in the production of baby food and other sensitive food products.
Additionally, there is a greater emphasis on self-heating food packaging as a result of the growing demand for creative packaging solutions in the food and beverage sector. Self-heating food packaging has emerged as a crucial element in ensuring food quality and temperature during delivery with the advent of e-commerce and the increasing popularity of online meal delivery services, consequently driving the self-heating food packaging market growth.
Self-Heating Food Packaging Market Segmentation
The market can be divided based on packaging type, application, end use, and region.
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Market Breakup by Packaging Type
- Cans
- Pouches
- Bottles
Market Breakup by Application
- Military Personnel
- Mountaineers
- Field Engineers
- Others
Market Breakup by End Use
- Food
- Beverages
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global self-heating food packaging companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- The 42 Degrees Company, SL.
- Luxfer Magtech
- HeatGen, LLC.
- Tempra Technology
- Scaldopack NV
- Lava Gel Technologies
- Heat Technique (HotCan)
- Others
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