Packaged Food Market Size Projected To Reach $4277.27 Billion By 2034 With A Cagr Of 6.7%

The Packaged Food Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Packaged Food Market Size and Projected Growth Rate?
There has been a significant increase in the size of the packaged food market in the past few years. The market, which is projected to expand from $3119.12 billion in 2024 to $3306.15 billion in 2025, is expected to see a compound annual growth rate (CAGR) of 6.0%. Various factors have contributed to this growth during the historic period, including consumer preferences, globalization, health and wellness trends, marketing strategies, and economic considerations.

Anticipated robust expansion is predicted for the packaged food market over the coming years, ballooning to a size of $4277.27 billion by 2029 with a compound annual growth rate (CAGR) of 6.7%. Factors contributing to this anticipated growth during the forecast period include sustainable packaging methods, the rise of e-commerce and online retail, personalized and customized options, a health-conscious customer base, and worldwide population growth. The period is also expected to see an increased emphasis on health and wellness, environmental sustainability through eco-friendly packaging, the preference for convenience and options for food on-the-go, a move toward plant-based and alternative proteins, and a boost from digitalization and e-commerce.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9918

What Are the Different Packaged Food Market Segments?
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

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9918&type=smp

What Are the Primary Drivers Shaping the Packaged Food Market?
The increasing consumer preference for snacks and a swift pace of life are predicted to boost the expansion of the packaged food industry in the foreseeable future. Snacks are generally smaller portions of food consumed between main meals and are less hefty than a full meal. Packaged snacks that come in various forms of packaging appeal to consumers since they are easy to transport and promise food safety and longevity. Therefore, the escalating popularity of snacks and a fast-paced lifestyle intensifies the demand for the packaged food industry. As per the National Confectioners Association, a trade association based in the US which underlines the unique role played by candy, chocolate, gums, and mints in contributing to a joyous and balanced life, there was a 11.4% increase in overall snack sales in IRI's multi-outlet plus convenience outlet universe in the initial nine months of 2022. These sales amounted to $44.9 billion, marking a 26% rise from the pre-COVID levels of 2019. Accordingly, the surging appeal of snacks and a speedy lifestyle is fuelling the growth of the packaged food industry.

Which Companies Are Leading in the Packaged Food Market?
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

What Are the Major Trends Shaping the Packaged Food Market?
The increasing use of innovative sustainable packaging in the packaged food industry is a significant trend gaining traction. Major players in the packaged food market are focusing on the evolution of sustainable packaging technologies to bolster their market standing. For example, in December 2022, Koehler Paper, a Germany-based packaging company known for creating and producing packing papers with a disruptive barrier function, unveiled Koehler NexPure OGR. This fresh sustainable paper packaging is capable of resisting grease and oil, making it immaculate for packaging food items, with its fluorochemical-free components adding to its sustainability and environmental adequacy. This new packaging material, a potential replacement for the materials currently used by the fast-food sector, boasts a grammage of 38 GSM and uses natural resources for its barrier function.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/packaged-food-global-market-report

What Are the Top Revenue-Generating Geographies 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

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Packaged Food Market?
2. What is the CAGR expected in the Packaged Food Market?
3. What Are the Key Innovations Transforming the Packaged Food Industry?
4. Which Region Is Leading the Packaged Food Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.