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Perishable Prepared Food Market Insights 2023: Size Report | Growth Drivers | Comprehensive Analysis Of Key Players - AdvancePierre Foods, Ready Pac, Reser`s Fine Foods
Perishable Prepared Food Market
The Business Research Company's Perishable Prepared Food Global Market Report 2023 the increase in disposable income, and improved earning capacity as the major driver for the perishable prepared food market's growth in the forecast period. Disposable income refers to the amount of money left to spend and save after income tax has been deducted. Because the increase in disposable income increases the purchasing power of the consumer, which changed the eating habits of the consumer and increased the demand for perishable prepared food. For instance, according to trading economies, a US-based company provides information about economic indicators, exchange rates, and stock market indexes. Disposable Personal Income in India increased the US $ 3017266.44INR Million in 2021 which is US $ 2525496.31 Million in 2020.
The global perishable prepared food market size will grow from $110.28 billion in 2022 to $120.5 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The perishable prepared food market size is expected to grow from $165 billion in 2027 at a CAGR of 8.2%.
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Major competitors in the perishable prepared food market include AdvancePierre Foods, Ready Pac, Reser`s Fine Foods, Taylor Fresh Foods, and Bakkavör Group.
A key trend in the perishable prepared food market includes new technological innovations. Major companies operating in the market are introducing new packaging technologies such as Cascades Fresh to sustain their position in the market. For instance, Cascades, a Canada-based perishable goods packaging company launched Cascades Fresh, which is eco-friendly recycling, hygiene, and packaging solution, this is specifically designed for producers, packers, and retailers, which helps to store perishable prepared food for a long time.
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The perishable prepared food market is segmented -
• By Type: Peeled or Cut Vegetables Fruits and Vegetables, Processed Food, Prepared Meals, and Other Perishable Prepared Food Manufacturing
• By Distribution Channel: Online, Offline
• By Application: Confectionery and Bakery, Jams and Preserves, Fruit-based Beverages, Dairy, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the perishable prepared food market
The Business Research Company's "Global Perishable Prepared Food Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Perishable Prepared Food Market Include:
1. Executive Summary
2. Perishable Prepared Food Market Characteristics
3. Perishable Prepared Food Market Trends And Strategies
4. Perishable Prepared Food Market - Macro Economic Scenario
5. Perishable Prepared Food Market Size And Growth
……………
27. Perishable Prepared Food Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Perishable Prepared Food Market
29. Perishable Prepared Food Market Future Outlook And Potential Analysis
30. Appendix
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