Product Code: PM2861
The global packaged food market size is expected to reach USD 3,588.3 billion by 2030, according to a new study by Polaris Market Research. 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
Polaris Market Research 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
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
3. Research Methodology
- 3.1. Overview
- 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