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Packaged Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global packaged food market size reached US$ 2,105.73 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3,114.34 Billion by 2027, exhibiting a growth rate (CAGR) of 6.33% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

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:

IMARC Group provides an analysis of the key trends in each sub-segment of the global packaged food market, along with forecasts at the global, regional and country level from 2022-2027. 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global packaged food market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global packaged food market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global packaged food market and who are the key players?
  • What is the degree of competition in the industry?

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$), 2016-2021
Figure 3: Global: Packaged Food Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Packaged Food Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Packaged Food Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Packaged Food Market: Breakup by Region (in %), 2021
Figure 7: Global: Packaged Food (Bakery Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Packaged Food (Bakery Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Packaged Food (Dairy Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Packaged Food (Dairy Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Packaged Food (Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Packaged Food (Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Packaged Food (Breakfast Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Packaged Food (Breakfast Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Packaged Food (Meals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Packaged Food (Meals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Packaged Food (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Packaged Food (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Packaged Food (Supermarket/Hypermarket) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Packaged Food (Supermarket/Hypermarket) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Packaged Food (Specialty Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Packaged Food (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Packaged Food (Convenience Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Packaged Food (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Packaged Food (Online Retail Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Packaged Food (Online Retail Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Packaged Food (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Packaged Food (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: North America: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: North America: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: United States: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: United States: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Canada: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Canada: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Asia-Pacific: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Asia-Pacific: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: China: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: China: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Japan: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Japan: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: India: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: India: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: South Korea: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: South Korea: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Australia: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Australia: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Indonesia: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Indonesia: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Others: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Others: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Europe: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Europe: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Germany: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Germany: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: France: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: France: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: United Kingdom: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: United Kingdom: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Italy: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Italy: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Spain: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Spain: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Russia: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Russia: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Latin America: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Latin America: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Brazil: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Brazil: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Mexico: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Mexico: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Others: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Others: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Middle East and Africa: Packaged Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Middle East and Africa: Packaged Food Market: Breakup by Country (in %), 2021
Figure 77: Middle East and Africa: Packaged Food Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Packaged Food Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Packaged Food Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Global: Packaged Food Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Packaged Food Market: Competitive Structure
Table 6: Global: Packaged Food Market: Key Players


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