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

Food in Sealed Packaging: Complete Sector Overview

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
13 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 ยป

Share
24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 1300 reports

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 >

Baby Formula Markets in China - Forecast

  • February 2017
    4 pages
  • Coal  

    Baby Formula  

  • China  

View report >

Baby Food Markets in the US and the UK

  • February 2017
    2 pages
  • Baby Food  

  • United States  

    United Kingdom  

    China  

View report >

Poultry Industry in Europe

  • January 2017
    6 pages
  • Poultry  

    Frozen Poultry  

  • Europe  

    South Africa  

View report >

Frozen Poultry Statistics in Thailand

  • January 2017
    4 pages
  • Poultry  

    Frozen Poultry  

  • Thailand  

    Singapore  

    Asia  

View report >

Frozen Poultry Statistics in Thailand

  • January 2017
    4 pages
  • Poultry  

    Frozen Poultry  

  • Thailand  

    Singapore  

    Asia  

View report >

Fish Industry in Singapore

  • January 2017
    4 pages
  • Fish  

    Ready Meal  

    Food  

  • Singapore  

View report >

Pet Food Industry

  • January 2017
    11 pages
  • Pet Food  

View report >

Food Industry in India

  • January 2017
    19 pages
  • Confectionery  

    Food  

    Chocolate  

  • India  

View report >

Search in Packaged Food Industry (About 1300 reports)
Parent industry: Food
Related markets: Milk, Fruit, Meat, Fish, Poultry, Ice Cream, Baby Formula, Powdered Milk, Dried Fruit, Frozen Vegetable, Ready Meal, Dog Food, Canned Tuna, Cat Food, Canned Fruit, Canned Vegetable, Frozen Poultry

About 5300 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 55 - $ 20999)

World Provisionally Preserved Fruit and Nut Market to 2021 - Market Size, Development, and Forecasts

World Provisionally Preserved Fruit and Nut Market to 2021 - Market Size, Development, and Forecasts

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

The report package World Provisionally Preserved Fruit and Nut Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future ...

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

February 2017 $ 25390

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

February 2017 $ 25390

Provisionally Preserved Fruit And Nut Market In Europe ...

February 2017 $ 12489

Frozen Vegetable Market In Europe To 2021 - Market Size ...

February 2017 $ 12489

Dried Fruit Market In Europe To 2021 - Market Size, Dev ...

February 2017 $ 12489

Provisionally Preserved Fruit And Nut Market In Asia To ...

February 2017 $ 9031

Frozen Vegetable Market In Asia To 2021 - Market Size, ...

February 2017 $ 9031

Dried Fruit Market In Asia To 2021 - Market Size, Devel ...

February 2017 $ 9031

Consumer And Market Insights: Meat In Germany

December 2016 $ 6320

Reportlinker.com © Copyright 2017. All rights reserved.

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