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Global Processed Food Market 2019 by Company, Regions, Type and Application, Forecast to 2024
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A processed food is any food that has been altered in some way during preparation. Food processing can be as basic as: freezing or canning etc.
Scope of the Report:
While the processed food category includes a diverse array of prepared and packaged products, all of them benefit from a common trend: rapid growth in global demand.
The confluence of two megatrends, middle class income growth and urbanization, is driving increased sales of processed food. According to the OECD, the size of the global middle class is projected to increase from 1.8 billion people (2010 estimate) to 3.2 billion by 2020. Of this projected growth, 85 percent is expected to come from Asia. Based on analysis of IHS Global Insight data, middle class households in developing countries (households with real incomes greater than $20,000 per year) are projected to increase 54 percent by 2020 compared to eight percent in developed countries.
The global Processed Food market is valued at 5596.7 million USD in 2018 and is expected to reach 6706.6 million USD by the end of 2024, growing at a CAGR of 3.7% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Processed Food.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Processed Food market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Processed Food market by product type and applications/end industries.
Market Segment by Companies, this report covers
Nestle
Tyson Foods
JBS Foods
Mars
PepsiCo
Kraft Heinz
Mondelez International
WH Group
General Mills
Kellogg’s
Hormel Foods
Cargill
ConAgra
Saputo
Maple Leaf Foods
COFCO
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Fruits and Vegetables
Grains and Cereals
Dairy Products
Meat and Poultry
Marine Products
Edible Oil
Other
Market Segment by Applications, can be divided into
Instant Food
Catering
Household
For More Information On This Report, Please Visit @
https://www.marketresearchreportstore.com/reports/595885/global-processed-food-market-company
Related Information:
North America Processed Food Market Growth 2019-2024
United States Processed Food Market Growth 2019-2024
Asia-Pacific Processed Food Market Growth 2019-2024
Europe Processed Food Market Growth 2019-2024
EMEA Processed Food Market Growth 2019-2024
Global Processed Food Market Growth 2019-2024
China Processed Food Market Growth 2019-2024
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