Packaged
food is no longer the preserve of developed regions. Companies in the
global packaged food market are now gaining nearly as much revenue
from developing economies as they are from developed ones. This
points toward an inherent change that has altered the very character
of the global packaged food market. Companies are now courting
success by being present in high volume markets where exposure to
global food habits is prompting a multitude of changes in consumer
behavior. There are several factors fuelling the global
packaged food market but the most important ones are: the
convenience and hygiene offered by packaged food, competitive prices
of packaged food items, and an explosion in the variety of packaged
food items sold on the market.
The
report on the global packaged food market takes each important
dynamic and weighs it against a set of standard parameters to
understand the impact that that dynamic will have on the market’s
future (between 2012 and 2018). For the purpose of the study, the
global packaged food market has been segmented on the basis of
product type and geography. By product type, the global packaged food
market is composed of bakery products, confectionery, dairy products,
ice cream, snack bars, sweet and savory snacks, ready meals, pasta,
meal replacement products, soup, canned food, dried food, noodles,
chilled food, frozen food, sauces and dressings, condiments, oils and
fats, spreads, and baby food.
By
geography, the market is segmented into North America, Europe, Asia
Pacific, and Rest of the World.
Overview
of the Global Packaged Food Market
Packaged
food constitutes a billion-dollar market. Its growth in the future
will be hinged on the spiraling demand for food in general as the
world sees more mouths to feed. Alongside this very impactful growth
driver is the need for convenience, which is dictated by increasingly
demanding lifestyles that leave consumers with less time for cooking
from scratch. Packaged food that can be consumed on-the-go is a huge
trend that companies stand to capitalize by identifying the needs and
tastes of consumers in different regions.
Enquiry
before Buying @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=332
Although
the packaged food industry has benefited from the presence of large
conglomerates such as Nestle, Kraft Foods, Heinz, and ConAgra Foods,
Inc., they have not been able to fully assert their supremacy in many
emerging regional markets. The reason for this is the many local
brands that vie for a share of the packaged food market in virtually
every major country. This has prompted global giants to consolidate
their position and stake a claim to a larger share of the market
through partnerships and mergers. The Kraft Heinz Company, formed
consequent to a merger between American food giants Kraft Food and
Heinz, is one such example.
North
America has traditionally been the largest market for packaged food
globally and remains firmly in this position. However, developing
markets could soon outshine the developed markets. The demand for
packaged baby food is rising remarkably and this segment is expected
to grow faster than any other in the global packaged food market.
Companies
that have a leading presence in the global packaged food market, and
have been profiled in the report, are: The Kraft Heinz Company, Lotte
Group, Wrigley Jr Co, Perfetti Van Melle Group, Cadbury Schweppes
Plc, and Unilever Group.
Market
Segmentation of Global Packaged Food Market
Based
on different product segments:
- Confectionery
- Bakery Product
- Ice Cream
- Dairy Products
- Sweet and Savory Snacks
- Snack Bars
- Meal Replacement Products
- Ready Meals
- Soup
- Pasta
- Noodles
- Canned Food
- Frozen Food
- Dried Food
- Chilled Food
- Oils and Fats
- Sauces, Dressings, and Condiments
- Baby Food
- Spreads
Key
regions analyzed under this research study:
- North America
- Asia-Pacific
- Europe
- Rest of the World
This
report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key
highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
No comments:
Post a Comment