Packaged Food Market In US 2024-2028
The packaged food market in US is forecasted to grow by USD 489.88 bn during 2023-2028, accelerating at a CAGR of 6.89% during the forecast period. The report on the packaged food market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for food products with longer shelf lives, innovations in packaging of packaged food, and growing consumer interest in diverse flavor profiles and global cuisines.
Technavio's packaged food market in US is segmented as below:
By Method
- Packets
- Bottles
- Boxes
- Cans
- Others
By Distribution Channel
By Type
- Bakery and cereals
- Dairy products
- Snacks and nutritional bars
- Beverages
- Others
This study identifies the increasing consumer awareness about clean-label products as one of the prime reasons driving the packaged food market in US growth during the next few years. Also, growing demand for plant-based packaged foods and emergence of snacking evolution will lead to sizable demand in the market.
The report on the packaged food market in US covers the following areas:
- Packaged food market in US sizing
- Packaged food market in US forecast
- Packaged food market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading packaged food market in US vendors that include B and G Foods Inc., Campbell Soup Co., Cargill Inc., Conagra Brands Inc., General Mills Inc., Hormel Foods Corp., JBS SA, Kellogg Co., Mars Inc., McCormick and Co. Inc., Mondelez International Inc., Nestle SA, PepsiCo Inc., The Coca Cola Co., The Hershey Co., The J.M Smucker Co., The Kraft Heinz Co., Tyson Foods Inc., Unilever PLC, and WH Group Ltd.. Also, the packaged food market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.