Retort Packaging Market Growth Projections for the Next Decade
Thursday, 14 March 2024, 14:00
Retort Packaging Market Growth
Retort packaging market size is projected to grow from USD 4.2 Billion in 2023 to USD 7.7 Billion by 2033, marking a CAGR of 6.25%. The escalating demand for convenience food products is expected to be a significant catalyst for the market's expansion.
Driving Factors
- Rapidly increasing demand for convenience food
- Rising growth in the pharmaceutical industry
- Rising growth in online food ordering
The Brainy Insights has estimated that the Retort Packaging market, currently valued at USD 4.2 Billion, will achieve a market value of USD 7.7 Billion by 2033.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.