Packed Burgers Market by Product (Fresh, Frozen), Patty (Non-Veg, Veg), Pckaging, Distribution Channel - Global Forecast 2024-2030

Packed Burgers Market by Product (Fresh, Frozen), Patty (Non-Veg, Veg), Pckaging, Distribution Channel - Global Forecast 2024-2030

The Packed Burgers Market size was estimated at USD 6.51 billion in 2023 and expected to reach USD 7.02 billion in 2024, at a CAGR 7.85% to reach USD 11.05 billion by 2030.

The packed burgers are pre-made, ready-to-eat, or easy-to-prepare patties and buns targeted at busy consumers. These are preferred by those who demand convenience, taste, and variety without the hassle of preparing the ingredients themselves. The growing demand for convenient food items and the rising popularity of quick service restaurants (QSRs) offering affordable fast food options. However, health-conscious consumers may avoid packed burgers due to concerns over high-calorie content and low nutritional value. In addition, volatility in raw material prices also impacts margins for producers and contributes to fluctuations in production expenses. Moreover, environmental concerns related to plastic and non-biodegradable packaging materials demand exploring eco-friendly alternatives and innovative product offerings such as plant-based burgers or those with functional ingredients such as fiber-rich grains or probiotics, which are expected to create lucrative opportunities for packed burgers.

Regional Insights

The Americas constitute a major share of the global packed burger market due to high consumption rates and a strong presence of leading fast-food chains. The U.S. and Canada have significant production capacities, with key players expanding in the market with extensive product offerings ranging from traditional beef patties to plant-based alternatives. Asia presents itself as a promising market for packed burgers due to its large population base and growing appetite for Western food culture. While global fast-food giants have established their presence across Asian countries such as China, India, Japan, and South Korea, local players are catering to regional tastes with unique menu options, including rice burgers or spicy variants. Production-wise, Asia is witnessing a steady rise in meat processing facilities and food manufacturing units that cater to the growing demand for packed burgers. In Europe, the packed burger market is characterized by an increasing preference for healthier options and ethically sourced ingredients. This has led to the growth of organic and plant-based burger options offered by companies. European players are adapting their menus to accommodate local tastes with offerings that include goat cheese burgers or halal-certified options.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Packed Burgers Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Rising number of fast food chains and quick service restaurants providing packed burger meals
Availability of packed burgers through e-commerce and online distribution channels
Growing number of vegan and vegetarian-packed burger options

Market Restraints

Cases of product recalls of burgers and ingredients used in burgers

Market Opportunities

Advancements to develop efficient packaging material and the emergence of natural preservatives
Strategic advertising and utilization of AI and ML tools to personalize menu offerings

Market Challenges

Stringent regulations concerning the making, storage, and import of packed burgers

Market Segmentation Analysis

Product: High consumption of frozen burger by consumers due to its convenience and longer shelf life
Patty: Increasing preference for veg-packed burgers by vegetarians due to health, environmental, and ethical reasons
Distribution Channel: Increasing penetration of online channels owing to convenience offered by home delivery services

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Packed Burgers Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Packed Burgers Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Odd Burger to Launch Packaged Goods Line

Odd Burger announced the launch of a consumer-packaged goods line that features five plant-based protein products. The offerings are designed for conscientious consumers who are seeking low-processed foods made from wholesome ingredients that meet the needs of health-conscious individuals.

Burger King in Thailand Unveils 'Real Cheese Burger' Packed with 20 Layers

Thailand's Burger King introduced the 'Real Cheeseburger', a unique creation filled with astonishing slices of American cheese, completely omitting any meat or vegetables. With this launch, the company planned to enhance customer experiences after offering this unconventional culinary delight.

Odd Burger to Acquire Plant-Based Packaged Goods Company Zoglo's

Odd Burger, a vegan fast-food restaurant based in Canada, has signed a letter of intent to acquire Zoglo's, a well-established leader in the plant-based consumer packaged goods industry. This acquisition aims to expand the availability of these products and cater to the growing demand for plant-based options.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Packed Burgers Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Packed Burgers Market, highlighting leading vendors and their innovative profiles. These include Amy's Kitchen, Australian Organic Meat Co., Beyond Meat, BUBBA foods, LLC, Conagra Brands, Cremonini S.p.A., Dr. Praeger's Sensible Foods, Force of Nature LLC, Godrej Yummiez, H‑E‑B, LP, Impossible Foods Inc., J Sainsbury PLC, Kansas City Steak Company, Maple Leaf Foods, Meijer, Nebraska Star Beef, Nestlé S.A., Paragon Quality Foods, Perdue Farms, Quorn Foods, The Kraft Heinz Company, The Tofurky Company, Inc., Tyson Foods, Inc., Wendy's Company, and Wild Fork Foods.

Market Segmentation & Coverage

This research report categorizes the Packed Burgers Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Fresh
Frozen
Patty
Non-Veg
Veg
Pckaging
Costum Printed Pouches
Meal Boxes
Tissue Wrapping
Distribution Channel
Convenience Stores
Online
Supermarkets & Hypermarkets
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year