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Packaged Food Market Share, Size, Trends, Industry Analysis Report, By Product Type; By Distribution Channel; By Packaging Type; By Region; Segment Forecast, 2022-2030

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    Report

  • 118 Pages
  • November 2022
  • Region: Global
  • Polaris Market Research
  • ID: 5707042
The global packaged food market size is expected to reach USD 3,588.3 billion by 2030, according to a new study. The report “Packaged Food Market Share, Size, Trends, Industry Analysis Report, By Product Type (Bakery Products, Dairy Products, Breakfast Products, Meals, Beverages, and Others); By Distribution Channel; By Packaging Type; By Region; Segment Forecast, 2022-2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Escalating the expansion of e-commerce across the globe, the hectic life and work schedules of consumers, and rapid growth in the demand and need for organic, clean, natural, and whole-food product are major reasons propelling the growth of the global market. In addition, the groundbreaking innovations of various market companies to introduce improved and enhanced food products to the market for gaining consumer traction and consolidating their market position, are also likely to augment the growth of the market over the coming years. For instance, in April 2022, Hormel Foods, introduced Hormel, plant-based chili with beans. The product caters to plant lovers & chili enthusiasts. The product is currently available on Amazon and will come to many other retailers soon.

The importance of hygienic foods is significantly increasing and shifting in the favor of hygiene and various healthcare products. Packaged foods usually go through various stringent regulations & quality checks in which products are becoming ultimately safe and hygienic to consume. In addition, such foods gaining importance among the urban millennial population, owing to their ready-to-eat, easy transportation, and easy handling advantages, coupled with the rapid change in the standard of living in these areas, which are expected to positively impact the growth of the market.

The outbreak of the COVID-19 pandemic has positively impacted the growth of the packaged food market. During the pandemic, many countries implied lockdowns and strict regulations on movements which have resulted in the panic purchase of packaged food products leading to the rapid growth in demand. However, sales of beverages through various on-trade channels have declined slightly, as a result of the loss of businesses from temporary closures of restaurants, pubs, and bars across the world.

Packaged Food Market Report Highlights

  • Beverage segment accounted for substantial global revenue share owing to the availability of a variety of flavors, attractive packaging, and high adoption as a sports and nutritional drink around the world
  • Online segment is witnessing the fastest growth rate over the forecast period on account of high growth in the number of mobile phone users and the emergence of various online shopping channels
  • Plastic packaging held a significant revenue share in 2021, which is mainly driven by easy availability, lightweight, and ability to easily withstand plastic
  • Asia Pacific is expected to grow at a significant CAGR during the projected period due to evolving consumer lifestyles, increased disposable income, and easy availability of these products from both online and offline channels
  • The global players include Nestle, Hormel Foods, Tyson Foods, General Mills, and Coca-Cola Company

The publisher has segmented the packaged food market report based on product type, distribution channel, packaging type, and region:

Packaged Food, Product Type Outlook (Revenue - USD Billion, 2018 - 2030)

  • Bakery Products
  • Dairy Products
  • Breakfast Products
  • Meals
  • Beverages
  • Others

Packaged Food, Distribution Channel Outlook (Revenue - USD Billion, 2018 - 2030)

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online
  • Others

Packaged Food, Packaging Type Outlook (Revenue - USD Billion, 2018 - 2030)

  • Plastic
  • Tetra Pack
  • Metal Cans
  • Others

Packaged Food, Regional Outlook (Revenue - USD Billion, 2018 - 2030)

  • North America
  • U.S
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
Frequently Asked Questions about the Packaged Food Market

What is the estimated value of the Packaged Food Market?

The Packaged Food Market was estimated to be valued at $2157.61 billion in 2022.

What is the growth rate of the Packaged Food Market?

The growth rate of the Packaged Food Market is 6.6%, with an estimated value of $3588.3 billion by 2030.

What is the forecasted size of the Packaged Food Market?

The Packaged Food Market is estimated to be worth $3588.3 billion by 2030.

Who are the key companies in the Packaged Food Market?

Key companies in the Packaged Food Market include Nestle S.A., Kraft Foods Group Inc., General Mills, Tyson Foods, ConAgra Foods Inc., Hormel Foods Corporation, Andros Foods, Histon Sweets Spreads Ltd. and B.

Table of Contents

1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Packaged Food Market Insights
4.1. Packaged Food - Industry Snapshot
4.2. Packaged Food Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Growing health concerns from food products
4.2.1.2. Expanding retail market
4.2.2. Restraints and Challenges
4.2.2.1. Stringnet government regulation
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Packaged Food Market Industry Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Packaged Food Market, by Product Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
5.3. Bakery Products
5.3.1. Global Packaged Food Market, by Bakery Products, by Region, 2018 - 2030 (USD Billion)
5.4. Dairy Products
5.4.1. Global Packaged Food Market, by Dairy Products, by Region, 2018 - 2030 (USD Billion)
5.5. Breakfast Products
5.5.1. Global Packaged Food Market, by Breakfast Products, by Region, 2018 - 2030 (USD Billion)
5.6. Meals
5.6.1. Global Packaged Food Market, by Meals, by Region, 2018 - 2030 (USD Billion)
5.7. Beverages
5.7.1. Global Packaged Food Market, by Beverages, by Region, 2018 - 2030 (USD Billion)
5.8. Others
5.8.1. Global Other Packaged Food Market, by Region, 2018 - 2030 (USD Billion)
6. Global Packaged Food Market, by Distribution Channel
6.1. Key Findings
6.2. Introduction
6.2.1. Global Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
6.3. Supermarket/Hypermarket
6.3.1. Global Packaged Food Market, by Supermarket/Hypermarket, by Region, 2018 - 2030 (USD Billion)
6.4. Convenience Stores
6.4.1. Global Packaged Food Market, by Convenience Stores, by Region, 2018 - 2030 (USD Billion)
6.5. Online
6.5.1. Global Packaged Food Market, by Online, by Region, 2018 - 2030 (USD Billion)
6.6. Others
6.6.1. Global Packaged Food Market, by Others, by Region, 2018 - 2030 (USD Billion)
7. Global Packaged Food Market, by Packaging Type
7.1. Key Findings
7.2. Introduction
7.2.1. Global Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
7.3. Plastic
7.3.1. Global Packaged Food Market, by Plastic, by Region, 2018 - 2030 (USD Billion)
7.4. Tetra Pack
7.4.1. Global Packaged Food Market, by Tetra Pack, by Region, 2018 - 2030 (USD Billion)
7.5. Metal Cans
7.5.1. Global Packaged Food Market, by Metal Cans, by Region, 2018 - 2030 (USD Billion)
7.6. Others
7.6.1. Global Other Packaged Food Market, by Region, 2018 - 2030 (USD Billion)
8. Global Packaged Food Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Packaged Food Market Assessment, By Geography, 2018 - 2030 (USD Billion)
8.3. Packaged Food Market - North America
8.3.1. North America: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.3.2. North America: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.3.3. North America: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.3.4. Packaged Food Market - U.S.
8.3.4.1. U.S.: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.3.4.2. U.S.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.3.4.3. U.S.: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.3.5. Packaged Food Market - Canada
8.3.5.1. Canada: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.3.5.2. Canada.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.3.5.3. Canada: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.4. Packaged Food Market - Europe
8.4.1. Europe: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.4.2. Europe.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.4.3. Europe: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.4.4. Packaged Food Market - UK
8.4.4.1. UK: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.4.4.2. UK.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.4.4.3. UK: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.4.5. Packaged Food Market - France
8.4.5.1. France: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.4.5.2. France.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.4.5.3. France: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.4.6. Packaged Food Market - Germany
8.4.6.1. Germany: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.4.6.2. Germany.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.4.6.3. Germany: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.4.7. Packaged Food Market - Italy
8.4.7.1. Italy: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.4.7.2. Italy.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.4.7.3. Italy: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.4.8. Packaged Food Market - Spain
8.4.8.1. Spain: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.4.8.2. Spain.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.4.8.3. Spain: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.4.9. Packaged Food Market - Netherlands
8.4.9.1. Netherlands: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.4.9.2. Netherlands.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.4.9.3. Netherlands: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.4.10. Packaged Food Market - Russia
8.4.10.1. Russia: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.4.10.2. Russia.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.4.10.3. Russia: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.5. Packaged Food Market - Asia Pacific
8.5.1. Asia Pacific: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.5.2. Asia Pacific.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.5.3. Asia Pacific: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.5.4. Packaged Food Market - China
8.5.4.1. China: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.5.4.2. China.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.5.4.3. China: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.5.5. Packaged Food Market - India
8.5.5.1. India: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.5.5.2. India.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.5.5.3. India: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.5.6. Packaged Food Market - Malaysia
8.5.6.1. Malaysia: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.5.6.2. Malaysia.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.5.6.3. Malaysia: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.5.7. Packaged Food Market - Japan
8.5.7.1. Japan: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.5.7.2. Japan.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.5.7.3. Japan: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.5.8. Packaged Food Market - Indonesia
8.5.8.1. Indonesia: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.5.8.2. Indonesia.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.5.8.3. Indonesia: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.5.9. Packaged Food Market - South Korea
8.5.9.1. South Korea: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.5.9.2. South Korea.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.5.9.3. South Korea: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.6. Packaged Food Market - Middle East & Africa
8.6.1. Middle East & Africa: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.6.2. Middle East & Africa.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.6.3. Middle East & Africa: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.6.4. Packaged Food Market - Saudi Arabia
8.6.4.1. Saudi Arabia: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.6.4.2. Saudi Arabia.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.6.4.3. Saudi Arabia: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.6.5. Packaged Food Market - UAE
8.6.5.1. UAE: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.6.5.2. UAE.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.6.5.3. UAE: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.6.6. Packaged Food Market - Israel
8.6.6.1. Israel: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.6.6.2. Israel.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.6.6.3. Israel: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.6.7. Packaged Food Market - South Africa
8.6.7.1. South Africa: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.6.7.2. South Africa.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.6.7.3. South Africa: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.7. Packaged Food Market - Latin America
8.7.1. Latin America: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.7.2. Latin America.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.7.3. Latin America: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.7.4. Packaged Food Market - Mexico
8.7.4.1. Mexico: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.7.4.2. Mexico.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.7.4.3. Mexico: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.7.5. Packaged Food Market - Brazil
8.7.5.1. Brazil: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.7.5.2. Brazil.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.7.5.3. Brazil: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
8.7.6. Packaged Food Market - Argentina
8.7.6.1. Argentina: Packaged Food Market, by Product Type, 2018 - 2030 (USD Billion)
8.7.6.2. Argentina.: Packaged Food Market, by Packaging Type, 2018 - 2030 (USD Billion)
8.7.6.3. Argentina: Packaged Food Market, by Distribution Channel, 2018 - 2030 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. Nestle
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Kraft Foods
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. General Mills
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. ConAgra Foods
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. Hormel Foods
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Andros Foods
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Histon Sweets
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. Gehl Foods
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. B & G Foods
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Smithfield Foods
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. PepsiCo
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Coca-Cola Company
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. Mondelez
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development

Companies Mentioned

  • Nestle S.A.
  • Kraft Foods Group Inc.
  • General Mills
  • Tyson Foods
  • ConAgra Foods Inc.
  • Hormel Foods Corporation
  • Andros Foods
  • Histon Sweets Spreads Ltd.
  • Gehl Foods LLC.
  • B
  • G Foods Inc.
  • Maple Leaf Foods Inc.
  • Smithfield Foods Inc.
  • JBS S.A.
  • PepsiCo Inc.
  • The Coca-Cola Company
  • Mondelez Global LLC.