Insights Into The Perishable Prepared Food Market’s Growth Opportunities Through 2023-2032 – Includes Perishable Prepared Food Market Analysis
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An increase in disposable income, and improved earning capacity are expected to drive innovation in perishable prepared food manufacturing, thus driving the market during the forecast period.
The global perishable prepared food market is expected to grow from $110.28 billion in 2022 to $120.5 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The perishable prepared food market size is expected to grow from $165 billion in 2027 at a CAGR of 8.2%.
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Global Perishable Prepared Food Market Segments Include:
- By Type:Peeled or Cut Vegetables Fruits and Vegetables, Processed Food, Prepared Meals, and Other Perishable Prepared Food Manufacturing
- By Distribution Channel:Online, Offline
- By Application:Confectionery and Bakery, Jams and Preserves, Fruit-based Beverages, Dairy, Other Applications
- By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global perishable prepared food market in 2021.
Major Market Players in the perishable prepared food market include AdvancePierre Foods, Ready Pac, Reser`s Fine Foods, Taylor Fresh Foods, and Bakkavör Group.
New technological innovations are the key trend gaining popularity in the perishable prepared food market. Major companies operating in the market are introducing new packaging technologies such as Cascades Fresh to sustain their position in the market. For instance, Cascades, a Canada-based perishable goods packaging company launched Cascades Fresh, which is eco-friendly recycling, hygiene, and packaging solution, this is specifically designed for producers, packers, and retailers, which helps to store perishable prepared food for a long time.
The Perishable Prepared Food Global Market Report 2023 provides a perishable prepared food market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The perishable prepared food market forecast analyzes perishable prepared food market size, perishable prepared food market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Perishable Prepared Food refers to the procedure of producing perishable prepared food including peeled or cut fruits and vegetables, processed food, and prepared meals. Perishable prepared food refers to those foods that are likely to spoil, decay, or become unsafe to consume if not refrigerated or frozen at low temperatures.
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