A processed food is any food that has been altered in some way during preparation. Food processing can be as basic as: freezing or canning etc.
Scope of the Report:While the processed food category includes a diverse array of prepared and packaged products, all of them benefit from a common trend: rapid growth in global demand.
The confluence of two megatrends, middle class income growth and urbanization, is driving increased sales of processed food. According to the OECD, the size of the global middle class is projected to increase from 1.8 billion people (2010 estimate) to 3.2 billion by 2020. Of this projected growth, 85 percent is expected to come from Asia. Based on analysis of IHS Global Insight data, middle class households in developing countries (households with real incomes greater than $20,000 per year) are projected to increase 54 percent by 2020 compared to eight percent in developed countries.
The global Processed Food market is valued at 5596.7 million USD in 2020 and is expected to reach 6706.6 million USD by the end of 2026, growing at a CAGR of 3.7% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Processed Food.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
This report studies the Processed Food market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Processed Food market by product type and applications/end industries.
Market Segment by Companies, this report covers Nestle
Tyson Foods
JBS Foods
Mars
PepsiCo
Kraft Heinz
Mondelez International
WH Group
General Mills
KelloggÕs
Hormel Foods
Cargill
ConAgra
Saputo
Maple Leaf Foods
COFCO
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Fruits and Vegetables
Grains and Cereals
Dairy Products
Meat and Poultry
Marine Products
Edible Oil
Other
Market Segment by Applications, can be divided into Instant Food
Catering
Household
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
