Market Overview:
The global packed food market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for convenience foods and rising disposable income of consumers. The online sales segment is projected to grow at a higher CAGR as compared to the offline sales segment during the forecast period. North America accounted for the largest share in terms of revenue in 2017, while Asia Pacific is projected to grow at the highest CAGR from 2018-2030. Some of the key players operating in this market are Nestle SA (Switzerland), General Mills, Inc.(U.S.), ConAgra Foods, Inc.(U.S.), Kellogg Company (U.S.), Kraft Heinz Company (U.S.), PepsiCo, Inc.(U . S.) , Unilever plc (UK), and The Hershey Company( U . S.).
Product Definition:
Ice Creams:
Ice creams are desserts made from frozen dairy products such as ice cream mix, ice milk, and ice cream bars. The product is available in different flavors and has become a popular dish among the youth of today. It is also used as an ingredient in other dishes to enhance taste and flavor.
Pasta:
Pasta is a staple food in the Italian diet and it's usage has been there for centuries. It is basically made from durum wheat, which is a hardier form of wheat than regular bread. Durum wheats have higher gluten content that helps hold the pasta together. The most common types of pasta are rigatoni, penne, fusilli and spirali among others; these are widely consumed all over Italy as well as other European countries.
Application Insights:
Offline sales dominated the global packed food market, accounting for over 70.0% share of the overall revenue in 2017. Offline channels are more reliable and secure than online channels as they are open to public scrutiny. The offline channel is preferred by many consumers as it allows them to physically inspect the product before purchasing it from a store or restaurant.
Online sales accounted for a significant share of 29.0% in 2017 owing to their convenience and flexibility offered to businesses coupled with low cost structure compared with traditional methods employed by food processing companies such as factories.
Regional Analysis:
Europe dominated the global market in 2017 owing to growing demand for packed foods from countries, such as Germany, U.K., Italy, and France. Asia Pacific is expected to be the fastest-growing regional market over the forecast period due to increasing working population and rising disposable income levels in emerging economies of China and India. Furthermore, changing lifestyles along with increasing consumer awareness regarding healthy eating habits are anticipated to fuel product demand during the forecast period.
North America is also likely to witness significant growth over the coming years owing both primarily on account of its online sales as well as offline sales for packaged food products such as frozen yogurt or ready-to-eat meals like pizza or burgers).
Growth Factors:
- Increasing disposable income of the population: The disposable income of the population is increasing, which is resulting in an increase in demand for packed food products.
- Urbanization and changing lifestyles: The growth of urbanization and changing lifestyles is leading to an increase in demand for convenience foods.
- Rising awareness about health and nutrition: There is a rising awareness among consumers about the importance of health and nutrition, which is driving demand for healthy packaged food products.
- Growing popularity of snacking: Snacking has become increasingly popular among consumers, which is contributing to the growth of the packaged food market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Packed Food Market Research Report
By Type
Ice Creams, Pasta, Cheese, Yogurt, Nuts, Biscuits, Baby Food, Soups, Potato Chips, Instant Noodles
By Application
Online Sales, Offline Sales
By Companies
JBS Food, Frito-Lay, Nestle, General Mills, Smithfield Food, Inc., Kraft Food, Inc., Kellogg’s, Mars, Inc., Tyson Foods, ConAgra foods, Inc.
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Packed Food Market Report Segments:
The global Packed Food market is segmented on the basis of:
Types
Ice Creams, Pasta, Cheese, Yogurt, Nuts, Biscuits, Baby Food, Soups, Potato Chips, Instant Noodles
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
Online Sales, Offline Sales
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:
- JBS Food
- Frito-Lay
- Nestle
- General Mills
- Smithfield Food, Inc.
- Kraft Food, Inc.
- Kellogg’s
- Mars, Inc.
- Tyson Foods
- ConAgra foods, Inc.
Highlights of The Packed 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:
- Ice Creams
- Pasta
- Cheese
- Yogurt
- Nuts
- Biscuits
- Baby Food
- Soups
- Potato Chips
- Instant Noodles
- By Application:
- Online Sales
- Offline Sales
- 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 Packed 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?
Packed food is any type of food that has been prepped and/or packaged for sale. This can include items such as sandwiches, salads, desserts, and even groceries.
Some of the major companies in the packed food market are JBS Food, Frito-Lay, Nestle, General Mills, Smithfield Food, Inc., Kraft Food, Inc., Kellogg¢â‚¬â„¢s, Mars, Inc., Tyson Foods, ConAgra foods, Inc..
The packed food market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Packed Food Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Packed Food Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Packed Food Market - Supply Chain
4.5. Global Packed Food Market Forecast
4.5.1. Packed Food Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Packed Food Market Size (000 Units) and Y-o-Y Growth
4.5.3. Packed Food Market Absolute $ Opportunity
5. Global Packed Food Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Packed Food Market Size and Volume Forecast by Type
5.3.1. Ice Creams
5.3.2. Pasta
5.3.3. Cheese
5.3.4. Yogurt
5.3.5. Nuts
5.3.6. Biscuits
5.3.7. Baby Food
5.3.8. Soups
5.3.9. Potato Chips
5.3.10. Instant Noodles
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Packed Food Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Packed Food Market Size and Volume Forecast by Application
6.3.1. Online Sales
6.3.2. Offline Sales
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Packed Food Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Packed Food Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Packed Food Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Packed Food Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Packed Food Demand Share Forecast, 2019-2026
9. North America Packed Food Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Packed Food Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Packed Food Market Size and Volume Forecast by Application
9.4.1. Online Sales
9.4.2. Offline Sales
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Packed Food Market Size and Volume Forecast by Type
9.7.1. Ice Creams
9.7.2. Pasta
9.7.3. Cheese
9.7.4. Yogurt
9.7.5. Nuts
9.7.6. Biscuits
9.7.7. Baby Food
9.7.8. Soups
9.7.9. Potato Chips
9.7.10. Instant Noodles
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Packed Food Demand Share Forecast, 2019-2026
10. Latin America Packed Food Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Packed Food Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Packed Food Market Size and Volume Forecast by Application
10.4.1. Online Sales
10.4.2. Offline Sales
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Packed Food Market Size and Volume Forecast by Type
10.7.1. Ice Creams
10.7.2. Pasta
10.7.3. Cheese
10.7.4. Yogurt
10.7.5. Nuts
10.7.6. Biscuits
10.7.7. Baby Food
10.7.8. Soups
10.7.9. Potato Chips
10.7.10. Instant Noodles
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Packed Food Demand Share Forecast, 2019-2026
11. Europe Packed Food Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Packed Food Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Packed Food Market Size and Volume Forecast by Application
11.4.1. Online Sales
11.4.2. Offline Sales
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Packed Food Market Size and Volume Forecast by Type
11.7.1. Ice Creams
11.7.2. Pasta
11.7.3. Cheese
11.7.4. Yogurt
11.7.5. Nuts
11.7.6. Biscuits
11.7.7. Baby Food
11.7.8. Soups
11.7.9. Potato Chips
11.7.10. Instant Noodles
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Packed Food Demand Share, 2019-2026
12. Asia Pacific Packed Food Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Packed Food Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Packed Food Market Size and Volume Forecast by Application
12.4.1. Online Sales
12.4.2. Offline Sales
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Packed Food Market Size and Volume Forecast by Type
12.7.1. Ice Creams
12.7.2. Pasta
12.7.3. Cheese
12.7.4. Yogurt
12.7.5. Nuts
12.7.6. Biscuits
12.7.7. Baby Food
12.7.8. Soups
12.7.9. Potato Chips
12.7.10. Instant Noodles
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Packed Food Demand Share, 2019-2026
13. Middle East & Africa Packed Food Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Packed Food Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Packed Food Market Size and Volume Forecast by Application
13.4.1. Online Sales
13.4.2. Offline Sales
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Packed Food Market Size and Volume Forecast by Type
13.7.1. Ice Creams
13.7.2. Pasta
13.7.3. Cheese
13.7.4. Yogurt
13.7.5. Nuts
13.7.6. Biscuits
13.7.7. Baby Food
13.7.8. Soups
13.7.9. Potato Chips
13.7.10. Instant Noodles
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Packed Food Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Packed Food Market: Market Share Analysis
14.2. Packed Food Distributors and Customers
14.3. Packed Food Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. JBS Food
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Frito-Lay
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nestle
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. General Mills
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Smithfield Food, Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kraft Food, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kelloggs
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mars, Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tyson Foods
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ConAgra foods, Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook