Packaged Food Market Thrives Through The Impact Of Rising Snack Popularity And Quick Lifestyles Driver: Leading Transformation in the Packaged Food Market in 2025

What market dynamics are playing a key role in accelerating the growth of the packaged food market?
The increasing fondness for snacks and a fast-paced lifestyle is predicted to boost the expansion of the packaged food market in the foreseeable future. A snack is classified as a smaller portion of food typically consumed between main meals and is less substantial than a regular meal. Snacks available in variety-packaged forms appeal to consumers, making transportation easier while enhancing both food safety and shelf life. Consequently, the growing affinity for snacks and a hurried lifestyle proliferates the demand in the packaged food market. For example, the National Confectioners Association, which is a US trade association focusing on the unique role of chocolates, candies, gums, and mints in creating a happy and balanced life, reported in November 2022 that total snack revenues witnessed an 11.4% hike in IRI's multi-outlet plus convenience outlet universe during the initial nine months of 2022. The revenue counted up to $44.9 billion, marking a 26% rise from the pre-pandemic levels in 2019. Hence, the escalating trend of snacks and a fast-paced lifestyle is fuelling the growth of the packaged food market.

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How will the growth rate of the packaged food market shape industry trends by 2034?
The market size of packaged food has been witnessing a steady rise in the past few years. It is anticipated to expand from $3119.12 billion in 2024 to $3306.15 billion in 2025, recording a compound annual growth rate (CAGR) of 6.0%. Factors such as consumer preferences, globalization, trends in health and wellness, along with marketing and advertising strategies, and economic circumstances have played a key role in fostering growth during the historical period.

In the subsequent years, the size of the packaged food market is projected to experience considerable expansion. It's expected to reach a worth of $4277.27 billion in 2029, with a compound annual growth rate (CAGR) of 6.7%. This predicted growth for the following period can be linked to factors like sustainable packaging, online commerce and retail, personalization and custom-made products, health-aware consumers, and global population expansion. Prominent trends during this forecast period will likely be a focus on health and wellness, sustainability and environment-friendly packaging, convenience and options for a fast-paced lifestyle, plant-based and substitute proteins, as well as the digitalization of buying and selling, i.e., e-commerce.

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What trends are poised to drive the future success of the packaged food market?
The key trend emerging in the packaged food industry is the growing implementation of innovative sustainable packaging. Numerous leading businesses in the market are focusing on the creation of eco-friendly packaging technology to solidify their market stance. An illustration of this is Koehler Paper's launch of Koehler NexPure OGR in December 2022. Koehler Paper, a German packaging company, is known for developing and producing packing papers with a unique barrier feature. Their new sustainable paper packaging is resistant to oil and grease, making it ideal for packaging food items. Moreover, it is free of fluorochemicals and hence serves as an environmentally friendly alternative to current fast-food packaging materials. The groundbreaking paper has a grammage of 38 GSM and utilizes organic materials for its barrier functionality.

Which primary segments of the packaged food market are driving growth and industry transformations?
The packaged food market covered in this report is segmented -

1) By Type: Dairy Products, Confectionery, Packaged Products, Bakery And Snack, Meat, Poultry And Seafood, Ready Meals, Other Types
2) By Material: Glass, Metal, Paper, Plastics, Other Materials
3) By Packaging: Jugs, Packets, Bottles, Bags, Bowls, Boxes, Cans, Cartons, Crates
4) By Sales Channel: Super markets Or Hyper markets, Specialty Stores, Grocery Stores, Online Stores, Other Sales Channels

Subsegments:
1) By Dairy Products: Milk And Cream, Cheese, Yogurt, Butter And Margarine
2) By Confectionery: Chocolate, Hard Candy, Gummy Candies, Mints
3) By Packaged Products: Canned Foods, Frozen Foods, Sauces And Condiments
4) By Bakery And Snack: Bread And Baked Goods, Cookies And Biscuits, Chips And Crackers, Granola Bars
5) By Meat, Poultry, And Seafood: Fresh Meat, Processed Meat, Poultry Products, Seafood Products
6) By Ready Meals: Frozen Meals, Chilled Meals, Shelf-Stable Meals
7) By Other Types: Instant Noodles, Meal Kits, Plant-Based Foods

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Which geographical regions are pioneering growth in the packaged food market?
North America was the largest region in the packaged food market in 2024. The regions covered in the packaged food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the influential players reshaping the packaged food market landscape?
Major companies operating in the packaged food market include General Mills Inc., Tyson Foods Inc., Conagra Brands Inc., JBS SA, Nestle SA, Hormel Foods Corporation, Maple Leaf Foods Inc., The Kraft Heinz Company, Kellogg Company, PepsiCo Inc., Mars Incorporated, WH Group Limited, The Hershey Company, Andros Group, Histon Sweets Spreads Ltd, Danone SA, Mondelz Global LLC, Unilever plc, Gehl Foods LLC, B & G Foods Inc., Frito-Lay Inc., Mann Packing Co. Inc., Bonduelle Group, The Keebler Company, McCain Foods Limited, Grupo Bimbo S.A.B. de C.V., Campbell Soup Company, Nomad Foods Limited, Monde Nissin Corporation

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What Is Covered In The Packaged Food Global Market Report?

• Market Size Forecast: Examine the packaged food market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the packaged food market for a structured understanding.
• Key Players Overview: Analyze major players in the packaged food market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the packaged food market.
• Segment Contributions: Evaluate how different segments drive overall growth in the packaged food market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the packaged food market.
• Industry Challenges: Identify potential risks and obstacles affecting the packaged food market.
• Competitive Landscape: Review strategic developments in the packaged food market, including expansions, agreements, and new product launches.

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