The self-heating food packaging market is poised to grow by $1.51 billion from 2021 to 2026 at a Compound Annual Growth Rate of 4.6 percent during the forecast period, according to a report published in October by Technavio. The primary drivers of the segment’s growth are affordable prices and prompt delivery.
The report provides a detailed analysis of emerging market trends, regional outlook, competitive landscape, and a comprehensive analysis of different market segments.
During the projected period, the offline segment’s market share increase of self-heating food packaging would be significant. Supermarkets and hypermarkets, retail outlets, and wholesalers make up the offline distribution route. In 2021, the offline distribution channel segment comprised a majority in this market.
During the forecast period, APAC will account for 35 percent of market growth; the self-heating food packaging market in the region is dominated by China, Japan, and India. This region’s market will expand more quickly than those in other areas.