The Packaged Food Market in US is being driven by Increasing demand for food products with longer shelf lives
The Packaged Food Market in US is expected to grow at a CAGR of 7.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 582.3 million. In the US market, there is a growing consumer preference for packaged foods with clear and natural ingredient lists. Health consciousness and selectivity are driving this trend, as consumers increasingly avoid products containing artificial additives, preservatives, and high levels of sugar or salt. In response, packaged food manufacturers are adapting their offerings to meet these demands. For instance, in 2024, the food industry is experiencing a notable transition towards cleaner, more transparent options. Companies like That It are introducing all-natural fruit snacks, which are free of added sugars and made from whole fruits and vegetables, to cater to this shift in consumer values and health concerns.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
185 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.7% |
Market growth 2025-2029 |
USD 582.3 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
6.1 |
Key countries |
US, US, and North America |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Packaged Food Market in the US incorporates advanced technologies such as map technology and HPp technology for efficient supply chain management and traceability systems. Food preservation techniques, packaging material selection, and packaging line automation ensure product integrity and extended shelf-life. Sustainability initiatives, waste reduction strategies, and logistics optimization promote eco-friendly practices. Consumer insights, quality control metrics, and food safety testing prioritize customer satisfaction and safety. Packaging design principles, material science applications, and food chemistry principles optimize performance and functionality. Packaging engineering, logistics optimization, distribution networks, and shelf-stable products contribute to the industry's growth. Packaging lifecycle assessment, sensory science, and food microbiology ensure product quality and safety throughout the supply chain. Packaging performance evaluation and food safety testing are crucial for maintaining consumer trust and regulatory compliance.
The packaged foods and meats market encompasses vendors engaged in food processing to eliminate microorganisms and enhance shelf life. According to Technavio, the market's size is determined by the consolidated revenue of participating vendors. This market segment does not include food processing equipment manufacturers or producers of packaged alcoholic and non-alcoholic beverages, including mineral waters. Factors driving the growth of the global packaged foods and meats market include the health benefits associated with minimally processed foods. Minimally processed items, such as vegetables, are rich sources of essential nutrients like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C. Technavio's research indicates that this trend will continue to fuel market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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