The U.S. packaged food market size was valued at USD 996.56 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2021 to 2028. The hectic work and life schedules of consumers across the country and the rising preference for convenience have been driving the market over the years. Furthermore, the escalating expansion of e-commerce in the U.S. boosts the sales of the products over the nation.
Many industry players including Danone S.A, Nestlé, and Unilever have entered the plant-based market to seize the opportunity. Furthermore, the groundbreaking innovations of vegan companies such as Impossible Foods Inc. and Beyond Meat have accelerated the industry's growth. As per the United States Department of Health and Human Services, as of 2020, around 30 million adults in the U.S. are lactose intolerant. As a result, plant-based dairy alternatives have gained significant traction among the nation's lactose intolerant consumers.
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Top Key Players studied in U.S. Packaged Food Market:
· Nestlé S.A.
· The Coca-Cola Company
· PepsiCo
· Tyson Foods, Inc.
· Mars, Incorporated
· Cargill, Incorporated
· The Kraft Heinz Company
· General Mills Inc.
· Conagra Brands, Inc.
Global U.S. Packaged Food Market Segmented by Product:
· Bakery & Confectionery Products
· Dairy Products
· Snacks & Nutritional Bars
· Beverages
· Sauces, Dressings, & Condiments
· Ready-to-Eat Meals
· Breakfast Cereals
Global U.S. Packaged Food Market Segmented by Region:
North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East & Africa (Saudi Arabia; South Africa etc.)
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The sales of the packaged foods surged considerably in 2020 in the U.S. due to the COVID-19 pandemic and lockdown. The retail sales of the products grew with a double-digit growth rate from March to May in 2020. The consumer expenditure on food grew significantly during the pandemic compared to before the pandemic owing to the social distancing practices and quarantine measures. Consumers have stockpiled snacks, ready-to-eat, and ready-to-cook products during the initial months of the pandemic. This emergence of panic shopping has dramatically fueled the demand for packaged foods in the U.S.
Research Objectives:
• To study and analyze the U.S. Packaged Food Market size by product type, application and key regions/countries history data from 2016 to 2020, and forecast to 2028.
• To understand the structure of the U.S. Packaged Food Market by identifying its various sub-segments.
• Focuses on the U.S. Packaged Food Market players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the U.S. Packaged Food Market with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market.
• To project the size of U.S. Packaged Food Market, with respect to key regions.
• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
The Packaged Fruit Juice Market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market.
Packaged Fruit Juice Market Report presents the conceptual study and strategic analysis on Packaged Fruit Juice Industry which provides market scope, applications, a topographical presence that drives the Packaged Fruit Juice market.
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Some of the geographies included in this study:North America (Canada, The United States, and rest of North America)Europe (France, Germany, and Rest of Europe)Asia-Pacific (India, Japan, China, and the rest of Asia-Pacific)LAMEA (Brazil, Turkey, and the rest of LAMEA) Major players covered in the Packaged Fruit Juice Market reportThe Kraft Heinz Company, Dr Pepper Snapple Group, The Coca-Cola Company, CSC BRANDS, Fresh Del Monte and Wild Scope of Packaged Fruit Juice MarketKey Strategic Developments: The study comprises the key strategic developments of the market, comprising R, new product launch, M, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.Key Market Features: The report evaluated key market features, capacity, capacity utilization rate, including revenue, price, gross, production, production rate, consumption, import, export, supply, demand, cost, market share, CAGR, and gross margin.
Angina Market HighlightsThe rising prevalence of angina and coronary heart diseases, growing healthcare expenditure, and increasing geriatric and obese population are expected to drive the global angina market, during the forecast period.
However, low per capita healthcare expenditure and high cost for therapeutic procedures such as coronary bypass surgery restraints the market growth.Angina Market SegmentationThe global angina market is segmented on the basis of type, diagnosis, treatment, and end-user.On the basis of type, the market is segmented into angina pectoris, unstable angina, prinzmetal angina, and others.
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Summary The Coca-Cola Company (Coca-Cola) is a producer, distributor, and retailer of non-alcoholic beverages.
It offers carbonated beverages and a variety of still beverages including juices, energy, ready-to-drink teas and coffees, waters, and sports drinks.
Additionally, it sells beverages under multiple brands such as Sprite, Coca-Cola Zero, Diet Coke, Fanta, Glaceau Vitaminwater, Powerade, Dasani, FUZE TEA, Minute Maid, Simply, Georgia, and Del Valle.
Coca-Cola markets its products to distributors, wholesalers, retailers and independent bottling partners.
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