The global Packaged Food market size is projected to reach USD 3,408 billion by 2026 at a CAGR of 5.4% from USD 1,934 billion in 2021 during the forecast period 2021-2028.
Packaged food are nothing but the food stuff that has been already prepared and are packaged in such a way which leads to its increased shelf life. Most of these are considered convenience items and are commercially produced. The concept of packaged food provides with the ease of preparation, consumption, handling. Since these are simple to handle, prepare, and eat and thus have become popular in both developed and developing countries since they are extremely convenient for city dwellers.
With the urbanization along with the surge in demand for convenience food are some of the factors that have supported long-term expansion for Packaged Food Market.
COVID-19 has led to a slight drop in the sales and also the disrupted supply chains has affected the market in a negative way.
North America is expected to be the largest market during the forecast period. Due to the presence of local key players, there is expansion of market in the region.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 1934 billion |
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Growth Rate |
CAGR of 5.4% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
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Report Segmentation |
Product type and geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Conagra Brands, Inc., General Mills Inc. Hormel Foods Corporation, JBS S.A., Kellogg Company, Maple Leaf Foods Inc., Nestle S.A., The Kraft Heinz Company, Tyson Foods, Inc., WH Group |
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Available Customization |
In addition to the market data for Packaged Food Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Packaged Food Market is segmented into product type and geography.
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