Packaged Burgers Market Forecasts to 2028 – Global Analysis By Product (Frozen Burgers, Chilled Burgers and Fresh Burgers), Patty (Veg and Non-Veg), Packaging (Boxed and Wrapped), Distribution Channel and By Geography

Packaged Burgers Market Forecasts to 2028 – Global Analysis By Product (Frozen Burgers, Chilled Burgers and Fresh Burgers), Patty (Veg and Non-Veg), Packaging (Boxed and Wrapped), Distribution Channel and By Geography

According to Stratistics MRC, the Global Packaged Burgers Market is accounted for $6.22 billion in 2022 and is expected to reach $11.33 billion by 2028 growing at a CAGR of 10.5% during the forecast period. Packaged burgers are foods that are sold by merchants like supermarkets, hypermarkets, convenience stores, etc. that are ready to eat and ready to cook. It makes use of a unique bun that is baked from yeast bread. Beyond that, burgers typically include a variety of toppings that add texture as well as some type of condiment to add moisture. Compared to freshly made hamburgers, they have a longer shelf life because they are stored at low temperatures. The use of packaged burgers in fast food restaurants and diners around the world is currently being positively influenced by the expanding food and beverage (F&B) industry in conjunction with consumers' rising popularity of eating out.

According to the Good Food Institute, 11.9% of the U.S. households bought plant-based meat in 2019, increased from 10.5% in the previous year.

Market Dynamics

Driver

Rapid urbanization and changing lifestyles is driving the growth

Rapid urbanization, evolving lifestyles, shifting food consumption patterns, and busy consumer schedules have all contributed to an increase in demand for a variety of ready-to-eat foods like packaged hamburgers. In urban areas, where the working population has less time to prepare meals, demand for the product has been growing significantly due to the rising demand for ready-to-cook and ready-to-eat meal products. The product's features, such as its long shelf life and ease of preparation, are driving up consumer demand. As a result, numerous businesses are offering cutting-edge goods made with organic ingredients, recyclable packaging, and single-serving food items.

Restraint

High content of carbohydrates and fats

Overindulging in sugar, carbohydrates, and fats goes beyond that recommendation and is unhealthy. Obesity, cardiovascular disease, hypertension, and diabetes are a few consequences of eating unhealthy fast food. Additionally, the inclusion of preservatives in packaged burgers may have a negative effect on market expansion and limit their appeal to consumers who are health-conscious.

Opportunity

Increasing new product launches

Vendors are introducing new variations of packaged burgers to meet consumer preferences. For instance, the most popular product from plant-based meat producer Beyond Meat, Inc., the Beyond Burger, was introduced in Canada in May 2021 in its first-ever value 6-pack. There will be a 6-pack of delectable frozen plant-based burgers available in major grocery stores across Canada. Therefore, the launch of new goods aids in boosting packaged burger sales. This will have a positive impact on the market during the forecast period.

Threat

Usage of food preservatives and additives

Preservatives are mostly added by manufacturers to prevent food from spoiling while being transported. Due to exposure to air, moisture, and bacteria, these food products would spoil quickly without food additives, preserving their freshness and shelf life. To prevent or postpone these issues, additives made of either natural or synthetic materials may be used. People who consume more refined and processed foods also experience issues like constipation, indigestion, occasionally loose stools, etc. Such factors limit the market's expansion.

Covid-19 Impact

The COVID-19 outbreak increased packaged burger sales. Additionally, the regional governments launched mass vaccination campaigns at the start of 2021, which helped to stop the virus's spread by the third quarter. It consequently further contributed to the gradual uptick in regional economic activity in Q4 of 2021. As a result, the growth of the packaged burgers market will be further fueled by rising economic activity during this period.

The supermarkets and hypermarkets segment is expected to be the largest during the forecast period

Supermarkets and hypermarkets dominated the market share, and it is anticipated that this trend will continue throughout the forecast period. The supermarket is well-liked in this market due to the availability of a wide range of products, affordable prices, and the convenience of buying various items in one place. Packaged burger producers have concentrated on distributing their products through significant supermarket and hypermarket chains in order to boost their retail sales.

The Vegetarian segment is expected to have the highest CAGR during the forecast period

In 2020, packaged hamburgers made with vegetable patties accounted for more than 55.0% of global sales and are expected to have the highest CAGR during the forecast period. In an effort to lessen their negative environmental impact, consumers all over the world have changed the way they eat. As a result, many consumers have switched from eating meat to eating plant-based foods. Over the past few years, the sales of packaged plant-based or vegan burgers have significantly increased due to their increasing availability, which is boosting the segment's expansion.

Region with largest share

During the forecast period, the packaged burger market in North America is expected to hold the largest market share globally. This is a result of rising demand for frozen and processed foods, as well as rising meal delivery services. A lot of influence came from North America on the taste and texture of beef burgers. Additionally, the growth of quick-service restaurants and fast food chains, as well as the increased accessibility of high-quality meat-based products, all contribute significantly to the market expansion in this area.

Region with highest CAGR

The European region is predicted to have the highest growth rate in the packaged burger market during the predicted timeframe. This is due to the rise in the number of quick-service restaurants and fast-food outlets. The major markets in Europe for packaged hamburgers are the UK, Germany, and Italy. Additionally, the emergence of superior plant-based options as a result of the rising number of vegans and health-conscious consumers is probably going to accelerate market revenue growth in this region.

Key players in the market

Some of the key players profiled in the Packaged Burgers Market include Amy's Kitchen, Beyond Meat, Inc, Bid Corp. Ltd., BUBBA foods LLC, Conagra Brands, Cremonini Spa, Dr. Praeger's, Impossible Foods Inc., J Sainsbury Plc, JBS SA, Kellogg Co., Maple Leaf Foods, Nestle S.A., Paragon Quality Foods Ltd., Perdue Farms, Pinnacle Foods, Premium Brands Holdings Corp., Quorn Foods, Schouten Europe B.V., The Hain Celestial Group, The Kraft Heinz Co., The Vegetarian Butcher, Tofurky, Tyson Foods, Wendy's Company and McDonald’s Corporation.

Key Developments

In July 2022, Swedish fast casual chain Bastard Burgers announced that it has plans to expand the fast food chain across the country. It opened its first US restaurant in New York in February. The chain offers smash burgers that are pressed flat and cooked crispy on a griddle.

In May 2022, Impossible Foods a California based company launched its new six pack of preformed frozen patties in the local groceries stores of the U.S.

Products Covered
• Frozen Burgers
• Chilled Burgers
• Fresh Burgers

Patty’s Covered
• Vegetarian
• Non- Vegetarian

Packaging’s Covered
• Boxed
• Wrapped

Distribution Channels Covered
• Convenience Stores
• Online
• Supermarkets and Hypermarkets
• Other Distribution Channels

Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities,Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements