Food Bags Market Demand, Future Growth, Upcoming Trends 2033

ByNiranjan karde

As per Future Market Insights (FMI), the Global Food Bags Market value is expected to rise from  US$ 824.0 million  in 2023 to  US$ 1,594.3 million  by 2033. Over the projection period from 2023 to 2033, global sales of food bags are likely to rise at  6.8% CAGR.

Disposable Food Bags: A Highly Popular Bag Type:

Disposable food bags are expected to remain the highly popular bag type globally. As per the latest analysis, demand for disposable food bags is expected to thrive at a  CAGR  of around  6.5%  over the forecast period.

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Meeting the Demand for Portable Meals and Snacks:

With the busy lifestyles of individuals, the need for portable meals and snacks has grown. Food bags provide a convenient option for packing homemade meals and snacks, allowing individuals to carry their food easily to work, school, or outdoor activities.

The Role of the Food Bags Industry in Providing On-the-Go Food Solutions

The food bags industry benefits from this demand for portable and on-the-go food solutions. As more individuals embrace the joys of cooking at home, the food bags industry is expected to experience continued growth

Growth of Online Food Delivery Platforms and Its Impact on Food Bag Sales

Subsequently, the rapid expansion of the food service sector and the growth of online food delivery platforms are expected to fuel food bag sales during the assessment period.

Key Takeaways from the Global Food Bags Market Report

  • The global food bags industry is projected to cross a valuation of  US$ 1,594.3 million  by 2033.
  • By bag type, the disposable bags segment is estimated to hold more than  71.1%  market share by 2033.
  • Based on material, the plastic segment is estimated to hold around  44.0%  of the market value share by the end of 2023.
  • By size, the medium-size bag is expected to offer an incremental opportunity of  US$ 418.8 million  during the forecast period.
  • By end use, the food service outlets segment is projected to create an incremental opportunity of  US$ 395.8 million  during the forecast period.
  • The United States food bags industry is projected to create an incremental opportunity of  US$ 66.6 million  during the assessment period.
  • China’s market is likely to provide an incremental opportunity of  US$ 55.4 million  by 2033.

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Global Food Bags Market Segmentation

By Material Type:

  • Nylon
  • Plastic
  • Aluminum
  • Paper
  • Silicon

By Bag Type:

  • Disposable
  • Reusable

By Size:

  • Small
  • Medium
  • Large

By Sales Channel:

  • Online
  • Offline
    • Supermarket/Hypermarket
    • Convenience Stores
    • Others

By End Use:

  • Food Service Outlets
    • Food Service Restaurant
    • Quick Service Restaurant
    • Catering Services
    • Hotels and Lodgings
    • Food Courts
    • Others
  • Institutional Food Services
    • Hospital
    • Offices
    • School
  • Household