Market Overview:
The global bagged food market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for convenience foods and the rising disposable income of consumers across the globe. In terms of type, the bakery segment is expected to lead the global bagged food market during the forecast period, followed by meat and seafood, dairy, and others segments. The commercial segment is expected to dominate the global bagged food market during 2018-2030 owing to an increase in demand for convenience foods from working professionals.
Product Definition:
Bagged food is food that has been placed in a bag for storage or shipment. The importance of bagged food is that it helps to preserve the food and keep it fresh.
Bakery:
Bakery is the process of making bread, cakes, pastries and other baked products. Bakery product includes flour, water salt and fat or shortening as an ingredient. The major driver for this market is growing population in Asia Pacific region especially India China & Japan which are increasing their food demand due to rising income levels.
Meat and Seafood:
Meat and seafood is used in the production of packed food products. The meat and seafood industry is expected to witness significant growth over the forecast period owing to increasing demand for ready-to-eat, processed, and frozen foods.
Rise in consumer disposable income along with changing lifestyle has led to an increase in demand for meat & seafood which will further boost market growth during the forecast period.
Application Insights:
The commercial application segment accounted for the largest share of more than 70.0% in 2017. The growth can be attributed to increasing use of bagged foods in restaurants, hotels and other food service industries. In addition, rising number of retail stores and e-commerce platforms is expected to propel the demand over the forecast period.
Residential application is projected to expand at a CAGR of XX% from 2018 to 2030 owing to growing awareness about health benefits associated with fruits and vegetables coupled with changing lifestyles has resulted in increased consumption patterns among consumers desiring home-grown produce at their convenience hours coupled with improved nutrition knowledge among consumers regarding vitamin content in different types of vegetables consumed during different seasons across various regions globally, which has prompted them toward including more variety within their diet by incorporating fruits.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with the U.S. at the forefront and other countries, such as Canada and Mexico, contributing to the growth of packaged food globally. The presence of a large number of multinational companies coupled with strong distribution channels will continue to be key factors driving regional growth over the forecast period.
Asia Pacific is anticipated to witness significant gains throughout the forecast period owing to increasing consumer disposable income levels and changing lifestyles in developing economies including China, India, Thailand among others; thereby leading consumers towards a better standard of living by consuming packaged foods such as ready-to-eat meals like sandwiches and burgers; desserts like frozen yogurt; ethnic foods like dal bhat; canned seafood products etc.
Growth Factors:
- Increasing urbanization: The global population is increasingly moving to cities, and this is particularly true in developing countries. This shift towards urbanization will drive demand for convenience foods, including bagged food products.
- Rising income levels: As incomes rise around the world, consumers will have more money to spend on premium food products, including bagged food items.
- Growing awareness of health and nutrition: Consumers are becoming more aware of the importance of healthy eating, and are looking for convenient ways to incorporate healthier foods into their diets. Bagged food products offer an easy way to do this by providing pre-portioned servings of nutrient-rich foods.
- Proliferation of retail channels: With the growth of online shopping and delivery services, consumers have more options than ever when it comes to buying groceries. This increased competition among retailers will lead to greater availability of bagged food products in stores nationwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bagged Food Market Research Report
By Type
Bakery, Meat and Seafood, Dairy, Others
By Application
Commercial, Residential, Others
By Companies
New World Pasta, Cloetta Fazer AB, Haribo GmbH & Co KG, Perfetti Van Melle Group, Kraft Foods Inc, Hershey Co, Nestlé SA, Mars Inc, Cadbury Schweppes Plc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Bagged Food Market Report Segments:
The global Bagged Food market is segmented on the basis of:
Types
Bakery, Meat and Seafood, Dairy, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- New World Pasta
- Cloetta Fazer AB
- Haribo GmbH & Co KG
- Perfetti Van Melle Group
- Kraft Foods Inc
- Hershey Co
- Nestlé SA
- Mars Inc
- Cadbury Schweppes Plc
Highlights of The Bagged Food Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bakery
- Meat and Seafood
- Dairy
- Others
- By Application:
- Commercial
- Residential
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bagged Food Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bagged food is a type of packaged food that is sealed in an airtight container. This type of food can be found at grocery stores, convenience stores, and some restaurants.
Some of the major companies in the bagged food market are New World Pasta, Cloetta Fazer AB, Haribo GmbH & Co KG, Perfetti Van Melle Group, Kraft Foods Inc, Hershey Co, Nestl© SA, Mars Inc, Cadbury Schweppes Plc.
The bagged food market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bagged Food Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bagged Food Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bagged Food Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bagged Food Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bagged Food Market Size & Forecast, 2018-2028
4.5.1 Bagged Food Market Size and Y-o-Y Growth
4.5.2 Bagged Food Market Absolute $ Opportunity
Chapter 5 Global Bagged Food Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bagged Food Market Size Forecast by Type
5.2.1 Bakery
5.2.2 Meat and Seafood
5.2.3 Dairy
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bagged Food Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bagged Food Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bagged Food Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bagged Food Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bagged Food Analysis and Forecast
9.1 Introduction
9.2 North America Bagged Food Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bagged Food Market Size Forecast by Type
9.6.1 Bakery
9.6.2 Meat and Seafood
9.6.3 Dairy
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bagged Food Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bagged Food Analysis and Forecast
10.1 Introduction
10.2 Europe Bagged Food Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bagged Food Market Size Forecast by Type
10.6.1 Bakery
10.6.2 Meat and Seafood
10.6.3 Dairy
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bagged Food Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bagged Food Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bagged Food Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bagged Food Market Size Forecast by Type
11.6.1 Bakery
11.6.2 Meat and Seafood
11.6.3 Dairy
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bagged Food Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bagged Food Analysis and Forecast
12.1 Introduction
12.2 Latin America Bagged Food Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bagged Food Market Size Forecast by Type
12.6.1 Bakery
12.6.2 Meat and Seafood
12.6.3 Dairy
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bagged Food Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bagged Food Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bagged Food Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bagged Food Market Size Forecast by Type
13.6.1 Bakery
13.6.2 Meat and Seafood
13.6.3 Dairy
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bagged Food Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bagged Food Market: Competitive Dashboard
14.2 Global Bagged Food Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 New World Pasta
14.3.2 Cloetta Fazer AB
14.3.3 Haribo GmbH & Co KG
14.3.4 Perfetti Van Melle Group
14.3.5 Kraft Foods Inc
14.3.6 Hershey Co
14.3.7 Nestlé SA
14.3.8 Mars Inc
14.3.9 Cadbury Schweppes Plc
