PUBLISHER: The Business Research Company | PRODUCT CODE: 1998038
PUBLISHER: The Business Research Company | PRODUCT CODE: 1998038
Packaged food encompasses items that have been entirely enclosed in a covering to prevent direct exposure to the environment, achieved through either transparent or impermeable wrapping. This practice is instrumental in extending the shelf life and preserving the freshness of the food.
The primary categories of packaged food include dairy products, confectionery, packaged items, bakery and snacks, meat, poultry and seafood, ready meals, and others. Dairy products constitute items derived from milk, a historically significant source of nutrients for individuals. The diverse range of materials employed in packaging comprises glass, metal, paper, plastics, and others, utilizing various formats such as jugs, packets, bottles, bags, bowls, boxes, cans, cartons, and crates. These products are distributed through different retail channels such as supermarkets or hypermarkets, specialty stores, grocery stores, online platforms, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the packaged food market by increasing costs of imported raw ingredients, packaging materials, processing machinery, and additives used across multiple food categories. Food manufacturers in North America and Europe are most affected due to reliance on imported inputs, while Asia-Pacific faces pricing pressure on export-oriented packaged foods. These tariffs are raising production costs and consumer prices. At the same time, they are encouraging local sourcing, regional manufacturing expansion, and innovation in cost-efficient packaging solutions.
The packaged food market research report is one of a series of new reports from The Business Research Company that provides packaged food market statistics, including packaged food industry global market size, regional shares, competitors with a packaged food market share, detailed packaged food market segments, market trends and opportunities, and any further data you may need to thrive in the packaged food industry. This packaged food market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The packaged food market size has grown strongly in recent years. It will grow from $3281.71 billion in 2025 to $3482.77 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to growth of urban populations, increasing consumption of convenience foods, expansion of organized retail channels, rising demand for longer shelf-life foods, advancements in food packaging technologies.
The packaged food market size is expected to see strong growth in the next few years. It will grow to $4604.68 billion in 2030 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to increasing demand for healthy packaged foods, rising penetration of online grocery platforms, expansion of sustainable packaging materials, growing investments in food processing automation, increasing regulatory focus on food labeling and safety. Major trends in the forecast period include increasing demand for shelf-stable food products, rising adoption of smart packaging solutions, growing focus on clean-label packaged foods, expansion of ready-to-eat food categories, enhanced food safety and traceability measures.
The increasing demand in the e-commerce industry is expected to propel the growth of the packaged food market going forward. The e-commerce industry involves the buying and selling of goods and services over the internet and has become an important distribution channel for packaged food products. E-commerce platforms provide consumers with convenience, wider product selection, easy accessibility, time savings, personalization, flexible payment options, and the ability to rely on customer reviews and ratings when making purchasing decisions. For instance, in August 2023, according to the United States Census Bureau, a US-based government agency, e-commerce sales in the second quarter of 2023 increased by 7.5% compared with the second quarter of 2022, while total retail sales grew by just 0.6%. Online stores accounted for 15.4% of all retail sales in the second quarter of 2023. Therefore, the increasing demand in the e-commerce industry is driving the growth of the packaged food market.
Major companies operating in the packaged food market are focusing on developing innovative technologies to drive revenue growth and improve product quality. One such innovation is SucculencePB, a taste and texture technology designed to enhance plant-based meat substitutes by improving flavor and moisture retention. For instance, in March 2023, Kerry Group PLC, an Ireland-based food and ingredients company, launched SucculencePB, a fat solution that can be used as a 1:1 replacement for certain oils and fats. This technology enables significant reduction or complete removal of tropical oils such as coconut or palm oil, thereby improving the sustainability and clean-label profile of plant-based meat products. In addition to delivering better nutritional and environmental outcomes, SucculencePB addresses the common issue of dryness in cooked plant-based meat alternatives.
In November 2023, The J.M. Smucker Company, a US-based producer of consumer food products, acquired Hostess Brands LLC for an undisclosed amount. Through this acquisition, J.M. Smucker aimed to expand its presence in the fast-growing sweet baked snacks segment, broaden its product portfolio to capture more snacking occasions, strengthen brand visibility, and leverage Hostess's iconic baked goods to drive growth across retail and foodservice channels. Hostess Brands LLC is a US-based manufacturer of well-known sweet baked snack products.
Major companies operating in the packaged food market are General Mills Inc., Tyson Foods Inc., Conagra Brands Inc., JBS SA, Nestle SA, Hormel Foods Corporation, Maple Leaf Foods Inc., The Kraft Heinz Company, Kellogg Company, PepsiCo Inc., Mars Incorporated, WH Group Limited, The Hershey Company, Andros Group, Histon Sweets Spreads Ltd, Danone SA, Mondelz Global LLC, Unilever plc, Gehl Foods LLC, B & G Foods Inc., Frito-Lay Inc., Mann Packing Co. Inc., Bonduelle Group, The Keebler Company, McCain Foods Limited, Grupo Bimbo S.A.B. de C.V., Campbell Soup Company, Nomad Foods Limited, Monde Nissin Corporation
North America was the largest region in the packaged food market in 2025. The regions covered in the packaged food market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the packaged food market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada
The packaged food market consists of sales of foods that are packaged such as bread, frozen vegetables, pasta, energy bars, canned vegetables, frozen fruits, breakfast cereals. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Packaged Food Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses packaged food market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for packaged food ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The packaged food market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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