Self Heating Food Packaging Market Share

Market Share of Self Heating Food Packaging Industry

The self-heating food packaging market is semi-consolidated, comprising several global and regional players like Tempra Technology Inc., The 42 Degrees Company, Hunan Jinhao New Material Technology Co. Ltd, and Luxfer Magtech Inc. These players are vying for attention in a contested market characterized by low product differentiation, growing product penetration, and high competition.

• April 2024: Maanshan Hengxi Self Heating Technology Development Co. Ltd responded to escalating production demands by investing in a new factory. Spanning almost 20,000 square meters, this new facility is poised to support and enhance burgeoning operations.
• January 2024 - Vessl Inc. initiated a Development Agreement with Tempra Technology Inc. Under this agreement, Vessl will tailor its patented Vessl Technology to blend ingredients specifically for Tempra's self-heating packaging applications. The primary goal of this collaboration is to enhance Tempra's offerings, making them more efficient and economical, especially for shelf-stable meals, beverages, soups, and other self-heating and self-cooling products.

Self Heating Food Packaging Market Leaders

1. Tempra Technology Inc

2. The 42 Degrees Company, SL.

3. Hunan Jinhao New Material Technology Co., Ltd

4. Luxfer Magtech Inc.

5. Maanshan Hengxi Self Heating Technology Development Co.,Ltd

*Disclaimer: Major Players sorted in no particular order