Packaged Food Industry Size - Market Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

The Report Offers Packaged Food Market Analysis and the Market is Segmented by Type (Dairy Products, Confectionery, Beverage, Bakery, Snacks, Meat, Poultry and Seafood, Breakfast Cereals, Ready Meals, and Other Product Types), Packaging Type (Plastic Packaging, Tetra Pack, Metal Cans, and Other Packaging Types), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retail Stores, and Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The Market Size and Values Are Provided in Terms of (USD Million) During the Forecasted Years for the Above Segments.

Packaged Food Industry Size - Market Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

Packaged Food Market Size

Packaged Food Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 7.43 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Packaged Food Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Packaged Food Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

Packaged Food Market Analysis

The Packaged Food Market is expected to register a CAGR of 7.43% during the forecast period.

  • The rising preference toward convenience products fuels the growing demand for packaged food products due to their effortless and time-saving beneficial factor compared to cooking from scratch. The packaged food market is growing abundantly owing to the rising volume of the hectic lifestyle of the working population around the globe, which is majorly boosting the packaged food market.
  • According to the World Bank, China has 61.61% female labor participation in 2021. These trends have made packaged foods a vital part of families' pantries worldwide. Packaged foods like frozen ones are becoming increasingly popular in Europe as a side dish or meal replacement. The market for packaged foods is anticipated to grow due to the rising snacking trend, especially among adults and teenagers, and snack frequency among these population groups.
  • Furthermore, the continuously burgeoning packaged food industry of the global market is driven by continuous innovation in the market, supported by augmenting consumer demand. For instance, in April 2022, Nestle's brand DiGiorno launched Stuffed Pizza Bites-snack-sized rolls of its flagship pizza made with 100% real cheese. New DiGiorno Stuffed Pizza Bites are available in four varieties and can be prepared in the oven, air fryer, or microwave depending on your crust preference - pepperoni, supreme, three meat, and four cheese
  • More players entering the market are further boosting the growth of the market. Specific consumer-based demands such as plant-based food, vegan food, dairy-free products, and others are also propelling the growth of the market, for it creates opportunities for the players to expand their product portfolio to cater to such specific requirements. Moreover, factors such as on-the-go healthy snacking are insisting the players introduce a wide range of meat snacks, cereal, and granola bars. Thus, the healthy snacking sector of the market is growing at a considerable level.

Packaged Food Industry Overview

Global packaged food is highly fragmented, with major players operating in the market, including Nestle SA., the Coca-Cola Company, PepsiCo Inc., and General Mills, among others. The major players in the market have been indulging in strategies like product innovation, mergers, acquisitions, partnerships, and geographical expansions, which have leveraged them to gain an esteemed position in the market. Owing to the changing taste and preferences of consumers, there has been considerable development of products by various global and regional players.

Moreover, owing to the increasing demand for fruit-flavored and dairy-free products, primarily in North American and European countries with increased lactose intolerance consumers, the major players are expanding their product portfolio with new products to satisfy market needs. 

For instance, Coca-Cola expanded its footprint in dairy-free smoothies in the United Kingdom under its brand AdeZ. AdeZ is its first-ever range of plant-based drinks in Britain. They are made with seeds such as almonds, rice, and oats, which are increasingly popular in the UK, with the emerging category growing by 10 percent.

Packaged Food Market Leaders

  1. Nestle SA

  2. PepsiCo, Inc.

  3. The Coca-Cola Company

  4. General Mills Inc.

  5. Mondelez International

  6. *Disclaimer: Major Players sorted in no particular order
Packaged Food Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Packaged Food Market News

  • January 2023: PepsiCo Inc. launched Pepsi Zero Sugar which provides a zero-sugar recipe to consumers. According to the company, it is constantly identifying consumer trends and preferences and working to create flavor profiles that meet consumers' ever-evolving needs.
  • December 2022: PepsiCo Inc. launched "Doritos After Dark" in partnership with PepsiCo Foodservice Digital Lab2 and Popchew. According to PepsiCo Inc. (Frito-Lay's) latest Snack Index1, forty-three percent of consumers and half (49%) of Gen Z agree that snacking is the most satisfying after dark and thus tapped into the opportunity to launch "Doritos After Dark.
  • June 2022: Conagra Brands recently unveiled an exciting range of new product innovations and frozen meals as part of its extensive summer line-up. With a focus on addressing mealtime dilemmas and satisfying cravings, the company is introducing a variety of options from its renowned brands, including Healthy Choice, Marie Callender's, Banquet, Frontera, and more. These offerings showcase contemporary flavors, on-trend ingredients, and convenient preparation methods.
  • May 2022: General Mills acquired TNT Crust from private equity firm Peak Rock Capital. TNT Crust produces frozen pizza crusts for regional and national pizza franchises, food service distributors, and retail stores.

Packaged Food Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Product Type
    • 5.1.1 Dairy Products
    • 5.1.2 Confectionery
    • 5.1.3 Beverage
    • 5.1.4 Bakery
    • 5.1.5 Snacks
    • 5.1.6 Meat, Poultry and Seafood
    • 5.1.7 Breakfast Cereals
    • 5.1.8 Ready Meals
    • 5.1.9 Other Product Types
  • 5.2 Packaging Type
    • 5.2.1 Plastic
    • 5.2.2 Tetra Pack
    • 5.2.3 Metal Cans
    • 5.2.4 Other Packaging Types
  • 5.3 Distribution Channel
    • 5.3.1 Supermarket/Hypermarket
    • 5.3.2 Convenience Stores
    • 5.3.3 Online Retail Stores
    • 5.3.4 Other Distribution Channels
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.1.4 Rest of North America
    • 5.4.2 Europe
    • 5.4.2.1 Spain
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 Germany
    • 5.4.2.4 France
    • 5.4.2.5 Italy
    • 5.4.2.6 Russia
    • 5.4.2.7 Rest of Europe
    • 5.4.3 Asia Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 Rest of Asia-Pacific
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 South Africa
    • 5.4.5.2 Saudi Arabia
    • 5.4.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 Nestle SA
    • 6.3.2 Danone SA
    • 6.3.3 PepsiCo, Inc.
    • 6.3.4 Mondelz Global LLC
    • 6.3.5 The Coca-Cola Company
    • 6.3.6 The Kraft Heinz Company
    • 6.3.7 General Mills Inc.
    • 6.3.8 Tyson Foods, Inc.
    • 6.3.9 Kellogg Co.
    • 6.3.10 Unilever PLC
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Packaged Food Industry Segmentation

Packaged foods are convenience foods produced commercially and distributed for consumer use. The packaging does not just keep food protected to maintain its aesthetic appeal. It also keeps the food fresh so that the taste and quality of the product stay intact. It ensures that the food retains a good shelf life, too, so that customers can keep the item for a set period before it needs to be consumed.

The global packaged food market is segmented by type, packaging type, distribution channel, and geography. By type, the market is segmented into dairy products, confectionery, beverages, bakery, snacks, meat, poultry and seafood, breakfast cereals, ready meals, and other product types. By packaging type, the market is segmented into plastic packaging, tetra pack, metal cans, and other package types. By distribution channel, the market is segmented into supermarkets/hypermarkets, specialty stores, convenience stores, online retail stores, and other distribution channels. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

The market sizing has been done in value terms in USD for all the abovementioned segments.

Product Type Dairy Products
Confectionery
Beverage
Bakery
Snacks
Meat, Poultry and Seafood
Breakfast Cereals
Ready Meals
Other Product Types
Packaging Type Plastic
Tetra Pack
Metal Cans
Other Packaging Types
Distribution Channel Supermarket/Hypermarket
Convenience Stores
Online Retail Stores
Other Distribution Channels
Geography North America United States
Canada
Mexico
Rest of North America
Europe Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia Pacific China
Japan
India
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Packaged Food Market Research FAQs

What is the current Packaged Food Market size?

The Packaged Food Market is projected to register a CAGR of 7.43% during the forecast period (2025-2030)

Who are the key players in Packaged Food Market?

Nestle SA, PepsiCo, Inc., The Coca-Cola Company, General Mills Inc. and Mondelez International are the major companies operating in the Packaged Food Market.

Which is the fastest growing region in Packaged Food Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Packaged Food Market?

In 2025, the North America accounts for the largest market share in Packaged Food Market.

What years does this Packaged Food Market cover?

The report covers the Packaged Food Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Packaged Food Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Packaged Food Industry Report

Statistics for the 2025 Packaged Food market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Packaged Food analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Packaged Food Market Report Snapshots