Packaged Food Products Market By Product (Cheese Sauce and Dips, Jams and Jellies, Apple Compote), By Packaging Type (Cans, Jars, Cups, Flexible), By Sale Channel (Retail, Food Service): Global Opportunity Analysis and Industry Forecast, 2021-2030
The global packaged food products market was valued at $20,545.4 million in 2021 and is projected to reach $34,434.6 million by 2030, growing at a CAGR of 6.03% from 2022 to 2030.
Increased demand for ready-to-eat healthy food products is expected to drive the packaged food products market in the forecast time period. Urbanization and number of working individuals are increasing tremendously, and hence the consumption of fast-food products is also gaining pace. People now prefer packaged food products which can be prepared with few ingredients and consume less time in preparation. This factor is likely to drive the package food products market in the predicted time duration owing to the high demand for ready-to-eat food products such as frozen food products, snacks, and more. Apart from this, consumer’s inclination towards healthy food and beverages will accelerate the market growth. Consumers demand for organic based food products made up of natural components and contain less preservatives.
Preference of the customers towards healthy packaged food alternatives has given many opportunities to the food companies to expand their market and manufacture healthy food products which are rich in nutritional value, low cholesterol, preservatives, and fat. This factor will contribute to the growth of the market in the forecast time.
The global packaged food products market is segmented on the basis of product, packaging type, sales channel, and region. By product, the market is classified into cheese sauce & dips, jams & jellies, and apple compotes. By packaging type, the analysis has been divided into cans, jars, cups, and flexibles. By sales channel, the analysis has been divided into retail and food services. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include B and G Foods, INC., Andros Foods, Histon Sweets Spreads Limited, The J.M. Smucker Co., Gehl Foods, LLC. Conagra Brands, Tree Top and Kraft Heinz.
KEY MARKET SEGMENTS
By Product
Cheese Sauce & Dips
Jams & Jellies
Apple Compotes
By Packaging Type
Cans
Jars
Cups
Flexibles
By Sales Channel
Retail
Food Services
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
B and G Foods, INC.
Andros Foods
Histon Sweets Spreads Limited
The J.M. Smucker Co.
Gehl Foods, LLC.
Conagra Brands
Tree Top
Kraft Heinz
Key Market Segments
By Product
Apple Compote
Cheese Sauce and Dips
Jams and Jellies
By Packaging Type
Cans
Jars
Cups
Flexible
By Sale Channel
Retail
Food Service
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest Of Asia Pacific
LAMEA
Brazil
Saudi Arabia
UAE
South Africa
Rest of LAMEA
Key Market Players
B and G Foods
Andros Foods
Histon Sweets Spreads Limited
the j.m. smucker company
Gehl Foods
Conagra Brands, Inc.
Kraft Heinz
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