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.
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 $20,000 per year) are projected to increase 54 percent by 2020 compared to eight percent in developed countries.
According to this study, over the next five years the Processed Food market will register a 4.0% CAGR in terms of revenue, the global market size will reach US$ 6471.9 million by 2024, from US$ 5321 million in 2019. In particular, this report presents the global revenue market share of key companies in Processed Food business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Processed Food market by product type, application, key companies and key regions.
This study considers the Processed Food value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Fruits and Vegetables
Grains and Cereals
Meat and Poultry
Marine Products
Edible Oil
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Instant Food
Catering
Household
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Nestle
Tyson Foods
JBS Foods
Mars
PepsiCo
Kraft Heinz
Mondelez International
WH Group
General Mills
Kellogg’s
Hormel Foods
Cargill
ConAgra
Saputo
Maple Leaf Foods
COFCO
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Processed Food market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Processed Food market by identifying its various subsegments.
Focuses on the key global Processed Food players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Processed Food with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Processed Food submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Processed Food . Industry analysis & Market Report on Processed Food is a syndicated market report, published as Global Processed Food Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Processed Food market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.