1. Market Research
  2. > Food

Food Industry: Latest Market Statistics and Trends

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
41 votes

Global Food Industry

World food retail sales generate over $4 trillion per year. The industry has evolved greatly over the past twenty years thanks to technological advances, keeping pace with growing demand for convenience foods. This sector calls for greater demand for packaging to ensure safe, fresh, easy-to-use products. Demand for better quality foods and in greater quantity means the food industry drives several other industries such as convenience stores, supermarkets, hypermarkets and gasoline outlets with grocery sections. Supermarkets and hypermarkets represent the biggest market share in terms of sales.

Food retail is dominated by outfits in the EU and the US, growing their market share in emerging nations and small retailers accounting for an increasing share of food sales. The 15 leading global supermarket companies represent around one third of global supermarket sales. The industry is not concentrated, with the 50 leading food manufacturers representing under a fifth of world packaged food sales. Food manufacturers are developing specialized product lines to remain competitive and direct growth rather than the traditional approach of diversifying product portfolios. Regional markets and product lines may be concentrated, though the global food industry is not. Areas exhibiting market concentration include sales of branded goods such as baby food and breakfast cereal.

The food industry encompasses several categories of food including: dairy, fish & seafood, eggs, fruit and vegetables, luxury food, organic food, meat & poultry, packaged foodcereal-based products as well as functional food such as vitamins and nutraceutical.

Food Business Key Market Segments

The world fruit and vegetables market is predicted to reach in excess of $736 billion in 2015, representing 25% growth in the five-year period, according to MarketLine. The fruit and vegetables market will produce over 690 million tons by 2015, up 5% on 2010. Vegetables lead the segment at almost 64%. The Asia-Pacific region accounts for over 45% of the overall market.

Demand for frozen food will drive the market to over $228,000 million by 2015, reports MarketLine, up nearly 19% on 2010. The segment will represent a volume of almost 43,500 million kilograms in 2015, or over 14% more than in 2010. Meat leads the segment at over 40% of overall market value. The EU holds close to 38% of the market. Brasil Foods is the world leader in the frozen foods market, accounting for 5% of overall market share.

The world market for muscle food packaging, which encompasses meat, seafood and poultry packaging, is expected to exceed $31 billion by 2017, according to Global Industry Analysts. Technological advances, better packaging practices and packaging facilitating smaller portions are fuelling the market.

The global canned food market is expected to reach almost $93 million in 2015, according to MarketLine. In terms of volume, the market will increase over 10% in the five-year period ending in 2015 to over 23,000 million kilograms. Meat products lead the market representing a quarter of overall value. The EU represents close to half of the overall world market for canned food. Del Monte Foods is the world leader in canned food, holding over 5% of the overall market.

The world lactic acid market is predicted to reach almost $329 thousand metric tons by 2015, reports Global Industry Analysts. The dairy market is fuelled by end-use market demand and new product applications. The industry has fared the global economic crisis well, showing strong growth.

Read more ยป

Share
24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 194000 reports

Global Food Waste Industry

  • March 2017
    29 pages
  • Food Waste  

    Food  

  • United States  

    Europe  

    World  

View report >

The future of the Food Industry in the US

  • March 2017
    8 pages
  • Food  

  • United States  

View report >

Food Markets in Europe

  • March 2017
    11 pages
  • Food  

  • Europe  

View report >

Food Industry in Asia

  • February 2017
    6 pages
  • Food  

    Nutrition  

  • Asia  

    Singapore  

    World  

View report >

Food Industry in Japan

  • March 2017
    5 pages
  • Food  

  • Japan  

View report >

Food Markets in France

  • March 2017
    21 pages
  • Retail Store  

    Food  

    Organic Product...  

  • France  

View report >

Food Markets in Germany

  • March 2017
    35 pages
  • Germany  

    Europe  

View report >

Food Industry in Italy

  • February 2017
    7 pages
  • Food  

    Chocolate  

  • Italy  

    United States  

View report >

Egg and Food Demand Forecast in the UK

  • March 2017
    12 pages
  • Egg  

    Food  

  • United Kingdom  

    Europe  

View report >

Food Industry in the US and Canada - Forecast

  • March 2017
    8 pages
  • Food  

  • United States  

    Canada  

    China  

View report >

Search in Food Industry (About 194000 reports)
Related markets: Farming, Crop Production, Fish Farming, Aquaculture, Dairy Farming, Fish, Milk, Fruit, Meat, Beef, Sugar, Vegetable, Poultry, Egg, Pork, Cheese, Palm Oil

About 33000 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 20999)

World Dried Vegetable Market to 2021 - Market Size, Development, and Forecasts

World Dried Vegetable Market to 2021 - Market Size, Development, and Forecasts

  • $ 25390
  • Industry report
  • February 2017
  • by Global Research & Data Services

The report package World Dried Vegetable Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for dried vegetables ...

World Frozen Fruit And Nut Market To 2021 - Market Size ...

February 2017 $ 25390

World Provisionally Preserved Fruit And Nut Market To 2 ...

February 2017 $ 25390

World Frozen Vegetable Market To 2021 - Market Size, De ...

February 2017 $ 25390

World Provisionally Preserved Vegetable Market To 2021 ...

February 2017 $ 25390

World Dried Fruit Market To 2021 - Market Size, Develop ...

February 2017 $ 25390

Global Herbs, Spices & Seasonings (seasonings, Dressing ...

March 2017 $ 14995

Global Savoury Spreads (syrups & Spreads) Market - Outl ...

March 2017 $ 14995

Global Uht Soup (soups) Market - Outlook To 2020: Marke ...

March 2017 $ 14995

Global Bouillons & Stocks (seasonings, Dressings & Sauc ...

March 2017 $ 14995

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.