Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Perishable Prepared Food Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Perishable Prepared Food Industry in 2024 and 2025?
The market size of the perishable prepared food sector has experienced significant growth lately. The market is set to expand from $103.99 billion in 2024 to $111.46 billion in 2025, with a compound annual growth rate (CAGR) of 7.2%.
What Is the Projected Market Size of the Perishable Prepared Food Market in 2029?
The Perishable Prepared Food Global Market is expected to reach a market size of $148.77 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.5%.
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What Are the Key Drivers of Perishable Prepared Food Market Growth?
The key drivers in the perishable prepared food market are:
• Emergence and growth of new markets
• Increase in disposable income among consumers
• Improvement in earning capacity
• Changes in consumer eating habits due to increased purchasing power.
What Are the Primary Segmentation Categories in the Perishable Prepared Food Market?
The perishable prepared foodmarket covered in this report is segmented –
1) By Type: Peeled or Cut Vegetables Fruits and Vegetables, Processed Food, Prepared Meals, and Other Perishable Prepared Food Manufacturing
2) By Distribution Channel: Online, Offline
3) By Application: Confectionery and Bakery, Jams and Preserves, Fruit-based Beverages, Dairy, Other Applications
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What Are the Major Trends Shaping the Perishable Prepared Food Market in 2025 and Beyond?
The key trends in the perishable prepared food market are:
• Introduction of new packaging technologies is a notable emerging trend in the perishable prepared food market.
• Major companies are innovating to maintain their market presence.
• Launch of eco-friendly recycling, hygiene, and packaging solutions is a key trend shaping the industry.
• There's a growth trend in creating specialized solutions to extend the freshness and shelf life of prepared perishable foods.
Who Are the Emerging Players in the Perishable Prepared Food Market?
Major players in the perishable prepared food market are:
• Reser`s Fine Foods
• Taylor Fresh Foods
• Bakkavör Group
• Nestlé S.A.
• Conagra Brands Inc.
• Tyson Foods
• Hormel Foods Corporation
• General Mills
• Campbell Soup Company
• JBS USA Holdings Inc.
• Smithfield Foods
• Maple Leaf Foods
• McCain Foods
• Rich Products Corporation
• Schwan's Company
• Sandridge Food Corporation
• Greencore Group
• Grupo Bimbo
• Flowers Foods
• Aryzta AG
• OSI Group
• Pilgrim's Pride
• Seaboard Corporation
• Cargill Inc.
• Perdue Farms
• The Kraft Heinz Company
Which Regions Are Leading the Growth in the Global Perishable Prepared Food Market?
Asia-Pacific was the largest region in the perishable prepared food market in 2024
