1. Market Research
  2. > Food Market Trends
  3. > Packaged Food

Food in Sealed Packaging: Complete Sector Overview

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

Global Packaged Food Industry

The world packaged food industry turns to internal investment during an economic crisis, and the industry is expected to recover slowly, with external investment becoming increasingly prevalent. During the recession, the food industry sought to minimize damage through cost cutting and restructuring. As economic recovery is expected to be gradual, companies in the packaged food industry are likely to look to acquisitions to grow their businesses at a global level.  

US Regional Market Share

US demand for packaged food is expected to grow close to 2.5% yearly through 2014 to almost $8 billion, reports Freedonia. Larger disposable income and growing demand for convenient packaged ready-to-eat food will continue to spur growth.

Flexible foodservice packaging is expected to grow at a faster rate than rigid packaging, at almost 3% yearly growth to exceed $3.5 billion in 2014. Environmental concerns will fuel market expansion as flexible foodservice packaging is less harmful to the environment than rigid packaging. Pouches will lead the flexible foodservice packaging segment, encroaching on the metal cans market.

The rigid foodservice packaging market is predicted to expand at close to 2% yearly to reach almost $4.5 billion in 2014, according to Freedonia. Use of corrugated boxes to ship food products will support market growth. Plastic container demand will be boosted by use of single-serving plastic condiment containers.

Key Market Segments

The world meat, seafood and poultry packaging (muscle food packaging) market is predicted to reach almost $31.5 billion by 2017, according to Global Industry Analysts. The main market drivers include better packaging practices, use of case-ready packaging and developments in production technologies. Rising demand for packaging is being fuelled by greater demand for convenience foods, ethnic foods and microwaveable products. 

The world frozen food market expanded 3.5% in 2010 to exceed $192,000 million, according to MarketLine. The market is predicted to exceed $228,000 million by 2015, a near 19% increase in five years, growing from a volume of around 38,000 million kilograms to almost 43,500 million kilograms in the five-year period. Frozen meat products represent the leading sub segment at over 40% of the overall market. The EU represents almost 38% of the global frozen food market. Brasil Foods is the number one company in operation, holding 5% of the overall market.

The world canned food market is expected to reach almost $92,700 million in 2015, a 15% increase in five years, according to MarketLine. The market’s volume will exceed 23,000 million kilograms in 2015, a 10% increase in the five-year period. Canned meat products represent the leading sub segment, representing over a quarter of the overall canned food market. The EU represents almost 50% the global canned food market; it is lead by Del Monte Foods, which generates over 5% of the market’s value.

The world ready meals market is expected to reach almost $80,000 million in 2014, a 20% increase in five years, reports MarketLine. In volume, the market is predicted to exceed 13,250 million kilograms in 2014, a near 16% increase in the five-year period. Frozen ready meals represent the leading sub segment at over 60% of the overall market. The EU represents almost 40% of the global market, which is lead by Nestle, a company that represents 6.5% of the overall market. Other leading players on the ready meals market include ConAgra Foods and H.J. Heinz.

Read more »

Share
24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 1 100 reports

Organic Packaged Food Forecast Statistics in Europe

  • February 2016
    8 pages
  • Organic Package...  

    Beverage  

  • Europe  

View report >

Packaged Food Markets in Japan - Forecast

  • May 2015
    11 pages
  • Packaged Food  

    Food  

    Retail Sales  

  • Japan  

    Canada  

    Asia  

View report >

Packaged Food Demand Analysis in United Arab Emirates - Forecast

  • May 2016
    10 pages
  • Pasta  

    Noodle  

    Retail Sales  

  • United Arab Emi...  

    World  

    Canada  

View report >

Milk Industry in the US and China

  • August 2016
    21 pages
  • Milk  

    Infant Formula  

  • United States  

    China  

    United Kingdom  

View report >

Meat And Poultry Statistics in the US

  • August 2016
    24 pages
  • Frozen Poultry  

    Red Meat  

    Poultry  

  • United States  

View report >

Powdered Milk Price Trends in Egypt and the US - Forecast

  • August 2016
    4 pages
  • Infant Milk  

    Powdered Milk  

  • Egypt  

    United States  

View report >

The future of the Pet Food Industry in the US

  • August 2016
    2 pages
  • Pet Food  

  • United States  

    India  

View report >

Meat And Poultry Statistics in the US

  • July 2016
    24 pages
  • Frozen Poultry  

    Red Meat  

    Poultry  

  • United States  

View report >

Canned Peach Industry in the US

  • July 2016
    2 pages
  • Fruit  

    Fruit Delivery  

    Canned Peach  

  • United States  

    China  

    Greece  

View report >

Infant Formula Statistics in China

  • July 2016
    2 pages
  • Infant Formula  

  • China  

    New Zealand  

    Europe  

View report >

Search in Packaged Food Industry (About 1 100 reports)
Parent industry: Food
Related markets: Fruit, Milk, Fish, Nut, Vegetable, Ice Cream, Infant Formula, Dried Fruit, Frozen Vegetable, Infant Milk, Canned Fish And Seafood, Canned Fruit, Canned Vegetable, Frozen Fruit, Dog Food, Fish Food, Preserved Food

About 5 200 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 8 325)

Baby Food in China, Canadean Ltd

Baby Food in China, Canadean Ltd

  • $ 8 325
  • Industry report
  • June 2016
  • by Canadean Ltd

Summary The Chinese baby food market has developed strongly over the historic period, although the last two years have seen a fall in growth rates as the overall economy has slowed down. All sectors of ...

Baby Food In South Africa, Canadean Ltd

May 2016 $ 8 325

Pet Food Market Trends In China

June 2016 $ 6 000

Infant Formula Market: Global Industry Analysis And Opp ...

June 2016 $ 5 000

Frozen Fruits Market : Global Industry Analysis And For ...

August 2016 $ 4 900

Middle East And North Africa (mena) Market Study On Inf ...

August 2016 $ 4 900

Global Dried Fruits And Edible Nut Industry

June 2016 $ 4 500

Global Pet Food Nutraceutical Market - Growth, Trends & ...

August 2016 $ 4 250

Global Pet Food Market - Growth, Trends And Forecasts ( ...

August 2016 $ 4 250

Asia-pacific Pet Food Market - Growth, Trends And Forec ...

August 2016 $ 3 850

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