Study: Retail cook-in-bag sales to experience growth
Institutional sales of cook-in-bags will continue to hold leading revenue shares of the market.
Cook-in-bag solutions are fast permeating the retail outlets, as part of a strategy to curtail food poisoning linked with high levels of bacterium campylobacter, according to a study produced by Fact.MR, Rockville, Md.
The study envisages the cook-in-bag market to record a 6.2% value CAGR between 2018-2028. Institutional sales of cook-in-bags will continue to hold leading revenue shares of the market. Volume sales of cook-in-bags in institutions are estimated to be nearly 1.5 times that of retail sales during the forecast period. Temperature-resistant cook-in-bags are gaining momentum in institutional settings, wherein demand is driven primarily by sales of marinated raw or pre-cooked meats.