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Packaged Food Market

Packaged Food Market Size, Share and Segmentation by Type (Dairy Products, Confectionery, Packaged Produce, Bakery & Snacks, Meat, Poultry & Seafood, Ready Meals, and Others), by Sales Channel (Supermarket/Hypermarket, Specialty Stores, Grocery Stores, Online Stores, and Others), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/F&B/1800 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The Packaged Food Market Size was esteemed at USD 1.4 trillion out of 2021 and is supposed to arrive at USD 2.09 trillion by 2028, and develop at a CAGR of 5.9% over the forecast period 2022-2028.

Bundled food can be characterized as a foodstuff that has been arranged early and bundled such that builds its timeframe of realistic usability. Most bundled food is viewed as accommodation things and is economically delivered and made accessible for individuals to devour. The idea of bundled food emerged because of contemplations like the simplicity of readiness, utilization, dealing with, and assurance against outer altering. Bundled food sources are easy to deal with, get ready, and eat. They are acquiring fame in both created and agricultural nations since they are very helpful for city tenants.

Packaged Food Market Revenue Graph

Bundled food is remembered for the class of items that are bought by buyers habitually. Consequently, the interest in such items stays steady among purchasers. The flare-up of the novel Covid has fundamentally impacted the development of the market around the world. There has been a slight diminish in deals of bundled food items because of the disturbance of the production network and a decrease in the out-of-home utilization of food during the COVID-19 pandemic.

With the new technique, Kraft Heinz is chipping away at less — however greater — developments. The organization has been laying the foundation for new advancements to stick, further developing showcasing, inventory network, and deals execution, Abrams-Rivera said at the virtual gathering. He gave no particular insights concerning projects right now ready to go.

Market Dynamics:

Driving Factors:

  • Developments in handling strategies for broadening the period of usability of food items.

  • Changes in food utilization designs purchased upon by the rising working populace from one side of the planet to the other.

Restraining Factors:

  • Absence of purchaser mindfulness towards bundled food and vulnerability about green bundling materials.

  • Absence of appropriate production network and refrigeration in retail outlets and homes.

Opportunities:

  • Improvement in the retail framework.

  • The developing simplicity of getting foodstuff joined with choices of free home conveyance and different special offers.

Challenges:

  • Absence of profoundly computerized and high-level bundling machines.

  • Natural variables.

Impact of Covid-19:

The COVID-19 pandemic antagonistically impacted the development of the bundled food market. With legislatures forcing lockdowns and severe social separating guidelines, producing offices had to close down, for a brief time or forever. This impacted the interest in bundled food items and harmed the general market. Nonetheless, with the accessibility of antibodies and a decrease in cases, it is guessed that item requests will rise in the future and assist with filling the development in the bundled food market. A portion of the ordinarily bought bundled food items incorporates sauce and toppings and plunges.

Market Estimations:

By Type:

Contingent upon the worldwide bundled food market examination by type, the meat poultry, and fish section represented the most elevated share. The meat poultry and fish portion are developing complex because of the developing utilization of protein-rich food items inferable from it being thought of as sound. Besides, developing reliance on helpfully bundled meat because of expanded partiality of individuals towards comfort drives the market development for this fragment.

Sales Channel:

Contingent upon the worldwide bundled food market gauge by deals channel, the hypermarkets/stores section represented the most noteworthy offer. The development in the hypermarkets/general stores in the bundled food market can be credited to the way that these retail format(s) offer a wide assortment of items and frequently concoct various offers that assist with expanding footfall, subsequently, expanding likely deals of products.

Market Segmentation:

By Product Type:

  • Non-alcoholic Beverages

  • Dairy Products

  • Confectionery

  • Ready Meals

  • Snacks

  • Breakfast Cereals

  • Others

By Distribution Channel:                       

  • Hypermarket/Supermarket

  • Departmental Stores

  • Convenience Store

  • Online Retail Store

  • Others

Packaged Food Market Segment Chart

Regional Analysis:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

The Asia Pacific is supposed to be the predominant area in the bundled food market before long attributable to the presence of driving players in nations like India and China. North America is supposed to give worthwhile learning experiences to the worldwide bundled food market attributable to the expanded utilization of bundled food items among various populace areas in nations like the U.S and Canada. Europe is expected to observe significant development in the bundled food market because of broad innovative work endeavors to deliver the worked-on nature of items in nations like UK and Germany.

Key Players:

Nestle S.A, Tyson Foods, Kraft Foods Group Inc., General Mills, ConAgra Foods Inc., Smithfield Foods Inc., Kelloggs, JBS S.A, Hormel Foods Corporation, Maple Leaf Foods Inc.

Packaged Food Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 1.4 Trillion
Market Size by 2028 US$ 2.09 Trillion
CAGR CAGR 5.9% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Type (Dairy Products, Confectionery, Packaged Produce, Bakery & Snacks, Meat, Poultry & Seafood, Ready Meals, and Others)
• by Sales Channel (Supermarket/Hypermarket, Specialty Stores, Grocery Stores, Online Stores, and Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Nestle S.A, Tyson Foods, Kraft Foods Group Inc., General Mills, ConAgra Foods Inc., Smithfield Foods Inc., Kelloggs, JBS S.A, Hormel Foods Corporation, Maple Leaf Foods Inc.
Drivers •Developments in handling strategies for broadening the period of usability of food items.
•Changes in food utilization designs purchased upon by the rising working populace from one side of the planet to the other.
Market Challenges: •Absence of profoundly computerized and high-level bundling machines.
•Natural variables.


Frequently Asked Questions (FAQ) :

Ans: Product Type and Distribution Channel segments are covered in the Packaged Food Market.

Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.

Ans: The Asia-Pacific has the biggest offer in the Packaged Food market.

Ans: The absence of purchaser mindfulness towards bundled food and vulnerability about green bundling materials and the absence of profoundly computerized and high-level bundling machines are the restraining factor and challenges faced by the Packaged Food market.

 Ans: The Global Packaged Food Market Size is supposed to arrive at USD 2.09 trillion by 2028, and develop at a CAGR of 5.9% over the forecast period 2022-2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 Covid 19 Impact Analysis

4.2 Impact of the Ukraine and Russia war

 

5. Value chain analysis

 

6. Porter’s 5 forces model

 

7. PEST analysis

 

8. Global Packaged Food Market segmentation, By Product Type

8.1 Non-alcoholic Beverages

8.2 Dairy Products

8.3 Confectionery

8.4 Ready Meals

8.5 Snacks

8.6 Breakfast Cereals

8.7 Others

 

9.  Global Packaged Food Market segmentation, By Distribution Channel             

9.1 Hypermarket/Supermarket

9.2 Departmental Stores

9.3 Convenience Store

9.4 Online Retail Store

9.5 Others

 

10. Global Packaged Food Market, by region/ country

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11. Company profiles

11.1 Nestle S.A

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 Swot Analysis

11.1.4 The SNS View

11.2 Tyson Foods

11.3 Kraft Foods Group Inc.

11.4 General Mills

11.5 ConAgra Foods Inc.

11.6 Smithfield Foods Inc.

11.7 Kelloggs

11.8 JBS S.A

11.9 Hormel Foods Corporation

11.10 Maple Leaf Foods Inc.

 

12. Competitive Landscape

12.1 Competitive Bench Marking

12.2 Market Share Analysis

12.3 Recent Developments

 

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

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