Key Packaged Food Market Players To Record Ascending Growth By 2028
Packaged Food Market Scope: The Packaged Food Market will account for a dashing valuation of USD 4.11 trillion by 2028-end, projects MRFR (Market Research Future). The worldwide market would capture a 4.52% CAGR during the evaluation period (between 2021 and 2028). Major Boosters and Top Impediments: The rapidly blossoming Packaged Food Market is favored by the frequent technological and flavor innovations, in conjunction with the evolving consumer preferences and demand. The onslaught of new firms making their entry into the worldwide market also adds to its attractiveness. Amplified demand for vegan food, plant-based food, gluten-free food, and dairy-free food could be a major trend in the years to come, paving way for attractive opportunities for the active companies. With the emerging trend of on-the-go healthy snacking, companies are introducing new lines of granola and cereal bars, and meat snacks. As a result, the packaged food industry will benefit majorly from ...