Published on: March 23, 2020
The packaged food market is experiencing robust growth driven by factors such as increased convenience, a surge in demand for portable and single-serve options, a heightened focus on health and wellness, and a trend toward customization. The packets segment, in particular, benefits from evolving consumer preferences and a desire for on-demand consumption.
Food consumption patterns in many countries around the world are trending towards packaged goods that minimize meal preparation times. While some busy consumers turn to home delivery and takeout for many of their meal options, others prefer to save money or to have greater control over ingredients. Ready-to-eat meals, microwavable snacks, and gluten-free foods are all popular items.
Popular topics in this industry include:
The green food market is characterized by growing consumer preferences for healthier, environmentally friendly, and ethically produced food products. Increasing consumer awareness about health benefits associated with organic and natural foods, including reduced exposure to pesticides and additives, is driving market growth. There is also an increasing demand for food products that align with ethical values, including fair trade practices, animal welfare, and support for local communities.
This report consists of a comprehensive analysis including market size, forecast, drivers, trends, competitive landscape, and other key industry dynamics.
Guacamole is perceived as a healthy food due to its main ingredient, avocados, which are rich in healthy fats, vitamins, and minerals. This aligns with growing consumer preferences for nutritious and natural foods. Its versatility as a dip, spread, or topping contributes to its widespread appeal.
There is increasing awareness about the environmental impact of avocado farming, leading to initiatives promoting sustainable sourcing practices. This aspect is becoming important for consumers and industry players alike. The guacamole market also faces challenges related to avocado price fluctuations, which can affect pricing and availability. Moreover, ensuring consistent quality and freshness remains crucial for maintaining consumer trust.
This report consists of a comprehensive analysis including market size, forecast, drivers, trends, competitive landscape, and other key industry dynamics.
The India Packaged Food Market has been experiencing significant growth and is expected to continue expanding due to changing lifestyles, urbanization, and increasing disposable incomes. There is a shift towards healthier and organic food options, demand for convenience and ready-to-eat meals, and preference for branded and hygienic products. Innovations in packaging materials and techniques enhance shelf life, maintain freshness, and improve convenience for consumers.
This report consists of a comprehensive analysis including market size, forecast, drivers, trends, competitive landscape, and other key industry dynamics.
One of the key factors driving the US packaged food market growth is the increasing demand for food products with longer shelf lives. With an increase in dual-income households and busier lifestyles, packaged foods, known for their longer shelf lives, offer a convenient solution for time-pressed individuals and families. Furthermore, longer shelf lives contribute to reducing food waste by minimizing the likelihood of spoilage. Moreover, consumers are increasingly conscious of sustainability, and packaged foods that stay fresh for extended periods align with the goal of reducing food wastage at both the consumer and retail levels.
In the packaged food market the trend of customers seeking products with simple, transparent ingredient lists and fewer chemicals has gained significant popularity. In addition, consumers are becoming more health-conscious and selective about what they eat. Many packaged food companies, for example, are providing all-natural fruit snacks with no added sugars, as well as packaged salads made with properly labeled, fresh, and locally sourced components.
The rise of private-label brands is notably driving market growth. Private label brands are cheaper than mainstream brands, and most budget-conscious consumers tend to prefer them. Private-label brands are also popular among retailers, especially grocery stores, as they tend to offer more profit margins than mainstream brands.
The demand for packaged vegan foods is on the rise in Europe, driven by the expanding vegan population base in countries such as Germany. The increasing awareness of the benefits of following vegan diets and the growing popularity of veganism as a lifestyle choice among the youth is expected to drive the growth of packaged vegan foods. Moreover, the presence of key vendors that offer new varieties of products, rising disposable incomes, and growing awareness about the health benefits of vegan products will drive the growth of this segment during the forecast period.
Technavio's packaged food industry reports monitor the leading players in the global market along with their current and forecasted market share. Our analysis covers regional and global companies. Some of the top companies covered in our packaged food market reports include:
In order to provide you with a comprehensive view of the packaged food industry, our experts analyze the market from many different perspectives. Our reports help identify opportunities, risks, key competitors, and more, helping you make timely, informed decisions to optimize your position in the market.
Technavio reports insights include:
Develop a deeper understanding of the packaged food market with Technavio’s comprehensive market research reports. We provide the latest information on key industry dynamics, including global and regional market forecasts, internal and external pressure points, the vendor landscape, and more.
Our in-depth knowledge of the market is built on decades of experience and a global network of industry experts. We know the importance of having a strong foundation on which to base important decisions, and with over 500 analysts located around the world, we deliver actionable insights for every segment of the market.
Technavio’s market research reports provide an analysis of current trends and how they are affecting the market. We also identify market drivers and challenges to help you discover opportunities and avoid pitfalls.
Every Technavio report includes detailed segmentation insights, breaking down the market in terms of product type, geography, sales channels, and more. And if you’re looking for something a little more specific, our Custom Research Solutions can tailor any report to meet your unique needs.
We provide detailed profiles on the biggest competitors in the market, including data such as business divisions, product offerings, and news. Our reports also include an overview of the competitive landscape as a whole, including the risks and opportunities that it presents.
LinkedIn
Facebook 
Twitter
Email
Reddit
Tumblr
Quora
Pinterest
WhatsApp