Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Packaged Food Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Packaged Food Market Grow Between 2024 and 2025?
The Packaged Food Global Market Report 2025 shows that the market size has seen significant growth. The market which was valued at $3119.12 billion in 2024, is predicted to increase to $3281.71 billion in 2025, representing a compound annual growth rate (CAGR) of 5.2%.
How Much Will the Packaged Food Market Be Worth in 2029?
The Packaged Food Global Market is projected to reach a size of $4250.13 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.7%.
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Which Packaged Food Market Drivers Are Linked to Revenue Growth?
The key drivers in the packaged food market are:
• The shift towards sustainable packaging in the food industry
• Rise in e-commerce and online retailing platforms
• High demand for personalized and customized food products
• Increasing health-consciousness among consumers and population growth
Which Segments Are Expected to Grow in the Packaged Food Market?
The packaged foodmarket 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: Supermarkets Or Hypermarkets, Specialty Stores, Grocery Stores, Online Stores, Other Sales Channels
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What Are The Key Trends Impacting Growth In The Global Packaged Food Market?
The key trends in the packaged food market are:
• Sustainability and eco-friendly packaging are emerging trends in the packaged food industry.
• Another trend is the adaptation of convenience and on-the-go options.
• The growth of health and wellness awareness among consumers is also a notable trend.
• Finally, the rise of plant-based and alternative proteins, along with the digitalization and growth of e-commerce is shaping the future of the packaged food market.
Who Are the Key Competitors in the Global Packaged Food Market?
Major players in the packaged food market are:
• 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
Where Is the Packaged Food Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the packaged food market in 2024
