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Packaged Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 142 Pages
  • March 2023
  • Region: Global
  • IMARC Group
  • ID: 5742896
The global packaged food market size reached US$ 2,259 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 3,696 Billion by 2028, exhibiting a CAGR of 8.55% during 2022-2028.

Packaged food refers to convenience food items that are prepared and distributed for consumption. These products can be packed into boxes, plastic containers, and tin cans, depending on their physical forms and textures. Packaging materials offer several benefits, such as barrier and contamination protection, portion control, help retain their shape and quality, prevent spillage and tampering, etc. In addition to this, they also provide a medium for information transmission, such as expiry date, nutritional content, price and origin of the packaged products, etc. Packaged food products are widely available in supermarkets, hypermarkets, online platforms, retail shops, etc.

Packaged Food Market Trends:

The expanding food retail sector coupled with the rising consumption of ready-to-eat food products is primarily driving the global packaged food market. Additionally, the elevating levels of urbanization, changing consumer dietary patterns, and growing working women population are also augmenting the demand for packaged food items, such as baked goods, snacks, dairy products, noodles, etc. Moreover, the introduction of numerous initiatives by regulatory bodies, such as the U.S. Food and Drug Administration (FDA), to promote the adoption of clean-label, packaged food products without harmful chemical additives is acting as a significant growth-inducing factor. In line with this, the emerging popularity of on-the-go healthy snacks, including meat snacks, cereals, granola bars, etc., is also propelling the market growth. Additionally, numerous key players are investing in R&D activities to enhance product shelf-life and launch anti-microbial packaging materials, thereby positively influencing the global market for packaged food items. They are also focusing on the development of lightweight packaging solutions to reduce transportation costs and harmful carbon emissions. Moreover, the sudden outbreak of the COVID-19 pandemic has resulted in the increasing sales of packaged food items across online retail platforms, especially during the imposition of stringent lockdown regulations. Apart from this, continuous advancements in the packaging technologies for food products, including the launch of biodegradable, nanofabrication, flexible packaging, etc., are expected to drive the global packaged food market in the coming years.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global packaged food market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type and distribution channel.

Breakup by Product Type:

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

Breakup by Distribution Channel:

  • Supermarket/Hypermarket
  • Specialty Stores
  • Convenience Stores
  • Online Retail Stores
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Conagra Brands Inc., Danone S.A., General Mills Inc., Hormel Foods Corporation, JBS S.A., Kellogg Company, Maple Leaf Foods Inc, Nestle S.A, PepsiCo Inc., The Coca-Cola Company, The Kraft Heinz Company, Tyson Foods Inc. and WH Group Limited.

Key Questions Answered in This Report

1. What was the size of the global packaged food market in 2022?
2. What is the expected growth rate of the global packaged food market during 2023-2028?
3. What has been the impact of COVID-19 on the global packaged food market?
4. What are the key factors driving the global packaged food market?
5. What is the breakup of the global packaged food market based on the product type?
6. What is the breakup of the global packaged food market based on the distribution channel?
7. What are the key regions in the global packaged food market?
8. Who are the key players/companies in the global packaged food market?

Table of Contents

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Packaged Food Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Product Type
6.1 Bakery Products
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Dairy Products
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Beverages
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Breakfast Products
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Meals
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast

7 Market Breakup by Distribution Channel
7.1 Supermarket/Hypermarket
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Specialty Stores
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Convenience Stores
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Online Retail Stores
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast

8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast

9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Conagra Brands Inc.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 Danone S.A.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3 General Mills Inc.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 Hormel Foods Corporation
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 JBS S.A.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.6 Kellogg Company
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7 Maple Leaf Foods Inc
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Nestle S.A
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.8.4 SWOT Analysis
13.3.9 PepsiCo Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10 The Coca-Cola Company
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.10.4 SWOT Analysis
13.3.11 The Kraft Heinz Company
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.11.4 SWOT Analysis
13.3.12 Tyson Foods Inc.
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
13.3.12.4 SWOT Analysis
13.3.13 WH Group Limited
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.13.3 Financials

List of Figures
Figure 1: Global: Packaged Food Market: Major Drivers and Challenges
Figure 2: Global: Packaged Food Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Packaged Food Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Packaged Food Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Packaged Food Market: Breakup by Distribution Channel (in %), 2022
Figure 6: Global: Packaged Food Market: Breakup by Region (in %), 2022
Figure 7: Global: Packaged Food (Bakery Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Packaged Food (Bakery Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Packaged Food (Dairy Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Packaged Food (Dairy Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Packaged Food (Beverages) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Packaged Food (Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Packaged Food (Breakfast Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Packaged Food (Breakfast Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Packaged Food (Meals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Packaged Food (Meals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Packaged Food (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Packaged Food (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Packaged Food (Supermarket/Hypermarket) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Packaged Food (Supermarket/Hypermarket) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Packaged Food (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Packaged Food (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Packaged Food (Convenience Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Packaged Food (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Packaged Food (Online Retail Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Packaged Food (Online Retail Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Packaged Food (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Packaged Food (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: United States: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: United States: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Canada: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Canada: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Asia-Pacific: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Asia-Pacific: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: China: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: China: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Japan: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Japan: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: India: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: India: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: South Korea: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: South Korea: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Australia: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Australia: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Indonesia: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Indonesia: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Others: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Others: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Europe: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Europe: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Germany: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Germany: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: France: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: France: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: United Kingdom: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: United Kingdom: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Italy: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Italy: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Spain: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Spain: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Russia: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Russia: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Latin America: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Latin America: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Brazil: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Brazil: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Mexico: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Mexico: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Middle East and Africa: Packaged Food Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Middle East and Africa: Packaged Food Market: Breakup by Country (in %), 2022
Figure 77: Middle East and Africa: Packaged Food Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Global: Packaged Food Industry: SWOT Analysis
Figure 79: Global: Packaged Food Industry: Value Chain Analysis
Figure 80: Global: Packaged Food Industry: Porter's Five Forces Analysis

List of Tables
Table 1: Global: Packaged Food Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Packaged Food Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Packaged Food Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 4: Global: Packaged Food Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Packaged Food Market: Competitive Structure
Table 6: Global: Packaged Food Market: Key Players

Companies Mentioned

  • Conagra Brands Inc.
  • Danone S.A.
  • General Mills Inc.
  • Hormel Foods Corporation
  • JBS S.A.
  • Kellogg Company
  • Maple Leaf Foods Inc
  • Nestle S.A
  • PepsiCo Inc.
  • The Coca-Cola Company
  • The Kraft Heinz Company
  • Tyson Foods Inc.
  • WH Group Limited.

Methodology

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Table Information