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 $20,000 per year) are projected to increase 54 percent by 2020 compared to eight percent in developed countries.
In 2018, the global Processed Food market size was 5439.3 million US$ and it is expected to reach 7085.8 million US$ by the end of 2025, with a CAGR of 3.9% during 2019-2025.
This report focuses on the global Processed Food status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Processed Food development in United States, Europe and China.
The key players covered in this study
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
Market segment by Type, the product can be split into
Fruits and Vegetables
Grains and Cereals
Dairy Products
Meat and Poultry
Marine Products
Edible Oil
Other
Market segment by Application, split into
Instant Food
Catering
Household
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Processed Food status, future forecast, growth opportunity, key market and key players.
To present the Processed Food development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Processed Food are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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 Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Processed Food market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.