1. Steps to conduct a marketing survey. Along with this, reduces the incidence of foodborne disease and improves the taste of food. The sample report for the Food Processing Market can be obtained on demand from the website. Financial Performance 9.6.3. The consumer spending in India on processed food is expected to grow to US$ 3.6 trillion by 2020. GLOBAL FOOD PROCESSING MARKET, BY TYPE 5.1. As a result, consumers ate more at home, causing a surge in both retail volume sales and retail current value sales of processed meat, seafood and alternatives to meat. The report of the survey should be organised under the following broad headings: Objectives. Assumptions, 3. Due to new methods of adulteration being devised in order to circumvent existing detection methods, new detection methods must be developed to counter fraud. Opportunities 4.3. In the twentieth century, convenience foods became popular. Atlas Pacific Engineering Company Inc. 9.4.1. 10 Global Processed Food Market by Type (Fruits and Vegetables, Grains and Cereals, Dairy Products, Meat and Poultry, Marine Products, Edible Oil, Other), By Application (Instant Food, Catering, Household, ) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030. Who are the key players in the processed food market? A market survey conducted by Knorr among 12,000 millennials in 12 countries found that 78% are more likely to be attracted to someone who enjoys the same flavors. Latin America 7.5.2. Key Developments. Buhler, Krones AG, AFE Group Ltd., Atlas Pacific Engineering Company Inc., B.K Engineers, National Refractories, Heat and Control, Inc., Meyer Industries, ZIEMANN HOLVRIEKA, and Tomra Systems. Increasing demand for processed food due to changing lifestyle and growing population. At what CAGR, the processed food market is projected to grow? Yes, the report can be customized as per your need. What are the key driving factors for the growth of the Food Processing Market? Financial Performance 9.5.3. Canada 7.2.3. The population around the globe had restricted themselves going out of their home and edge towards confining themselves to their homes which is impacting all the market negatively or positively.According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections. Opportunities exist in sweeteners and products made with those sweeteners that are indulgent and taste good, but also incorporate a health halo. The health problems associated with preservatives and other additives is a major concern. On the basis of type, the processed food market is segmented into fruits and vegetables, grains and cereals, dairy products, meat and poultry, marine products, edible oil and other segments. Household application was estimated to be worth USD 142 billion in 2017 on account of rising demand for household cleaning agents (such as laundry detergent) and kitchen utensils (such as dishwashing gels). Fruits and Vegetables, Grains and Cereals, Dairy Products, Meat and Poultry, Marine Products, Edible Oil, Other. Food Processing Market size was valued at USD 143.51 Billion in 2020 and is projected to reach USD 235.67 Billion by 2028, growing at a CAGR of 6.6% from 2021 to 2028.. Our experts deliver the best research reports that have revenue generating recommendations. All the research models are customized to the prerequisites shared by the global clients. In January 2021, Bhler and DIL shook hands to consolidate their position in the sustainable food production market. Europe has high demand for high quality and nutritious food. We also collect and mix the data from our previous market research reports. The Global Food Processing Market report provides a holistic evaluation of the market. The collected data includes market dynamics, technology landscape, application development and pricing trends. The processed fruits & vegetables market research report includes in-depth coverage of the industry with estimates & forecasts in terms of volume in Million Tons and revenue in USD Million from 2017 to 2032 for the following segments: By Type Fruits Vegetable By Product Fresh Fresh-Cut Canned Frozen Drying & Dehydration By Processing Equipment National Refractories 9.6.1. Refrigeration 5.6. Sorbitol is mainly used as a sweetener, moisturizer, fragrance and diuretic in various applications such as foods and beverages, Read More, Dec 31, 2022|Published by: Packaged Facts|USD 3,995, outlets, consumer have a lot to consider in sweetened foods. Agro Based And Processed Food Products (Hand Book) USD1,040.00 USD55.00 e-copy (PDF format) will be sent by email within 24-48 hours. CONCLUSION: After doing the market survey I conclude that processing industry has come a long way, most markets have hundreds of processed foods available. United States Department of Agriculture (USDA) defines processed food as any raw agricultural products that has been subjected to cleaning, washing, milling, chopping, cutting, heating, blanching, pasteurizing, cooking, freezing, canning, drying, mixing, packaging, dehydrating or other procedures that modify the food from its natural state. Food processing is the process of transforming raw ingredients into food. Some of the major companies in the processed food market are Nestle, Tyson Foods, JBS Foods, Mars, PepsiCo, Kraft Heinz, Mondelez International, WH Group, General Mills, Kelloggs, Hormel Foods, Cargill, ConAgra, Saputo, Maple Leaf Foods, COFCO. both primary & secondary research methodologies. The project report includes Present Market Position and Expected Future Demand, Market Size, Statistics, Trends, SWOT Analysis and Forecasts. 5.1 Market Overview 5.2 Market . According to the report, Asia-Pac 16, 2013 529 likes 635,201 views Download Now Download to read offline Education Business Entertainment & Humor I assure you that this project of mine will fetch you a very good score. This was reinforced by the Read More, Dec 08, 2022|Published by: Euromonitor International|USD 1,325, Russias invasion of Ukraine. The global processed food market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. Thank you for subscribing to our newsletter. Rapid urbanization is leading to the growth of modern retail formats which are promoting processed food products. Financial Performance 9.8.3. It is a process of converting agriculture products or raw material into direct consumable food. The rising population coupled with increasing disposable income is expected to propel demand over the forecast period. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts. Analysts carry out extensive research using both top-down and bottom up methods. Another key barrier to market entry in many processed food markets is the fact that dominant food companies have managed to establish economies of scale in terms of production, marketing and finance. How can I get a sample report/company profiles for the Food Processing Market? The risks of additives will vary depending on the health issues of each individual. In June 2020, Antares entered into a five-year agreement with IMA whereby it becomes the exclusive supplier of all IMA inspection and tracking technologies. However, demand was impacted by global inflationary pressures, with the national rate of inflation reaching its highest level for 14 years in November 2022. GLOBAL FOOD PROCESSING MARKET, BY GEOGRAPHY 7.1. So whether you're a Fortune 500 company or a small startup, use market research surveys to better understand your target . 1 Survey 1: Market research survey. But the lockdown drove a spike in demand, as local consumers rushed to stockpile products with a long shelf life. The companies are adopting various organic and inorganic growth strategies to sustain their market positions such as partnership and mergers. 6 Innovative packaging is used by processed food industry which in turn increases the demand for the global packaging industry. Various international organizations are working to spread awareness about the benefits associated with plant-based fish. Japan 7.4.3. 3 Further, we also have our in-house data forecasting model to predict market growth up to 2030. Krones AG 9.2.1. Keep in mind that you may have to run your survey more than once in or several different places in order to get complete results. Drivers 4.2.2. Estimations for the forecast period 2030. Product Outlook 9.4.4. ; Which type you choose depends on the sample size and location, as well as the focus . Product Outlook 9.6.4. The increasing population in Asia Pacific region has led to a rise in demand for processed foods such as frozen vegetables & fruits which are highly popular across North America and Europe. Overview 9.7.2. Company Market Ranking 8.3. As populations continue to increase and climate change exacerbates production uncertainty, producers are navigating a post-pandemic landscape characterised by greater demand, greater costs and ever-greater challenges. Companies such as Nestl S.A., Danone S.A., General Mills Inc., and Kelloggs Co. Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to increasing disposable income levels coupled with growing population; these factors are expected to result into an increased demand for packaged & processed foods over next eight years The Middle East & Africa (MEA) is also anticipated witness significant growth during same period owing to rising disposable income levels and improving standard of living especially due to rise in oil prices However, political instability along with economic slowdown witnessed by majority economies including Iran. Based on process, global processed food market is segmented into: Minimally Highly Based on product type, global processed food market is segmented into: Plant based Fruits Vegetables Legumes Extracted foods Others Animal based Milk Poultry Fleshy Survey: Natural Fats Healthier than Processed Foods. About 500 million consumers consume processed food every day (as of December 2010). By continuing to visit this site you agree to our use of cookies: Banking Financial Services & Insurance Industry, Internet, Communication, Software & Services, ICE, Electric, Hybrid, Autonomous Vehicles, Industrial Motors, Pumps, And Control Devices, Power Generation, Transmission And Distribution, Food & Beverage Logistics, Cold Chain & Packaging, Food & Beverage Processing and Technology. While inflation has been increasing unit prices, retail volume consumption is expected to continue to rise in most categories, apart from shelf-stable beans. It involves many processes: fermenting, crystallizing, mixing, blending, chopping, washing, and pasteurizing, and many more. GLOBAL FOOD PROCESSING MARKET COMPETITIVE LANDSCAPE 8.1. Sample Market survey Questionnaire Template. Overview 9.3.2. The dairy product segment is expected to grow at a highest CAGR during the forecast period owing to rising demand for milk-based products across the globe. Product Outlook 9.2.4. Market Research Innovation in food processing technology, upsurge in the demand for processed food, and rising research & development in food processing machinery are expected to drive the market over the predicted years. One large study, involving more than 100,000 adults, found that eating 10% more ultra-processed foods was associated with above a 10% increase in the risks of cardiovascular disease, coronary. Survey 3: Buyer persona / Customer analysis survey. The global mushroom market size was valued at USD 50.3 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.7% from 2022 to 2030. . Overview of the Market 1.2. Occasional snow Friday. However, as the economy reopened in 2022, leading Read More, in which e-commerce has the highest share of overall sales across the entire industry. This template is designed in a formal structure that covers mostly open-ended questions for market research. With proper acknowledgment and conclusion Kannu Priya Follow Student at Home Advertisement Recommended Heinz and formed a new entity H.J. Mixers 5.5. The comprehensive research study delivers information on current figures, projections, market shares and forecasts for years 2022-2029. 11 Market Survey Template + [Question Examples] One of the many ways to gather information about customers is through a market research survey. There are many benefits associated with food processing. Surveys. Salt would be harmful to those with high blood pressure and sugar as an additive would be damaging to a diabetic. In the majority of foods that are processed, there is a loss of between 5%-20% of nutrient value. 3. When a food product bearing deceptive label is marketed by a manufacturer, consumers are robbed of facts which could protect them from adverse health effects and allergic reactions (Marcotrigiano. Nearly all countries have imposed lockdowns and strict social distancing measures. To understand the ongoing market trends and to foresee the future market growth patterns. Overview 9.10.2. Figures are from 2014 through 2022, with forecasts for 2023 and 2027. The results of this research will assess and evaluate food waste pre-processing systems in real-world settings with respect to factors such as performance, capital costs, existing infrastructure, quantity and quality of waste and water streams, and its overall potential to enable organic waste reduction and diversion. 10. North America 7.2.1. Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors Provision of market value (USD Billion) data for each segment and sub-segment Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions Includes an in-depth analysis of the market from various perspectives through Porters five forces analysis Provides insight into the market through Value Chain Market dynamics scenario, along with growth opportunities of the market in the years to come 6-month post-sales analyst support. Product Outlook 9.3.4. This consumer insight spurred the 'Love at First Taste' campaign which prompted a 15 ppt rise in purchase intent among millennials across key markets. To know more about the Research Methodology and other aspects of the research study, kindly get in touch with ourSales Team at Verified Market Research. Since the onset of the pandemic, rice has significantly outperformed bread in terms of retail volume sales Read More, local economy and helped to resolve some supply chain issues, with category sales remaining higher than pre-pandemic levels. The factors can be attributed to the growing demand for refrigerators to store various food items for a longer period of time. Just make sure that your survey remains exactly the same between times and places or your results may vary. Buhler, Krones AG, AFE Group Ltd., Atlas Pacific Engineering Company Inc., B.K Engineers, National Refractories, Heat and Control, Inc., Meyer Industries, ZIEMANN HOLVRIEKA, and Tomra Systems, Free report customization (equivalent up to 4 analysts working days) with purchase. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. The strict government regulations is the major challenge in this market. The study, published this week in the journal Nutrients, analyzed more than 80,000 foods and found that organic products contain significantly fewer ingredients associated with negative health effects. The major players in the market are, Buhler Krones AG AFE Group Ltd. Atlas Pacific Engineering Company Inc. B.K Engineers National Refractories Heat and Control, Inc. Meyer Industries ZIEMANN HOLVRIEKA Tomra Systems. The instant food segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. You can refer to this market questionnaire sample to make your work easy and time-efficient. According to these standards, virtually all foods sold in the supermarket would be classified as "processed" to some degree. Financial Performance 9.2.3. Based on the Type, the market is bifurcated into Depositors, Extruding Machines, Mixers, Refrigeration, Slicers & Dicers, and Others. 4.1 Overview 4.2 Key Industry Trends 5 Indian Food Processing Market . Post-COVID-19, there has been an increase in the awareness and utility of e-commerce, with Pakistani consumers valuing the convenience of ordering Read More, positive COVID-19 cases, continuing home seclusion and mandatory quarantines, as well as a greater frequency of working and studying at home. Retail value sales in this category are dominated by shelf stable meat, chilled processed meat and shelf stable Read More, < prev Following are the top 10 types of market surveys that are conducted by successful enterprises. Jan 13, 2023|Published by: Meticulous Market Research|USD 4,175, (Conventional, Organic); Type (Modified, Native); Function (Thickener, Gelling, Binder, Stabilizer); Application (Food [Bakery, Dairy], Beverage, Pharmaceuticals, Paper Industry, Animal Feed)Global Forecasts to 2029 According to the research report titled Pea Starch Market by Nature (Conventional, Read More, Jan 05, 2023|Published by: DataM Intelligence 4Market Research LLP|USD 4,350, most commonly used to make polylysine; as a result, they serve as raw materials along with other items like agro-based corn powder, yeast extract, fish meal, and some bacteria. Also, the 24*7 chat support & direct call services are provided to procure the sample report. The pandemic has changed common systems around the world. The Read More, were largely sustained in 2021 as restrictions remained in place for large parts of the year, ensuring that Swedish people continued to consume more meals at home. While inflation has been increasing unit prices, retail volume consumption is expected to continue to rise in most categories, apart from shelf-stable beans. Overview 8.2. Asia Pacific 7.4.1. There are no foreseeable risks associated with this project. AFE Group Ltd. 9.3.1. Europe 7.3.1. Food Consumption Survey Questionnaire Example 6. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally. Validation 3.3. Attention to sweetener Read More, Dec 27, 2022|Published by: GlobalInfoResearch|USD 3,480, million in 2021 and is forecast to a readjusted size of USD million by 2028 with a CAGR of % during review period. The meat poultry and seafood segment was the highest contributor to the packaged food market in 2020, and is estimated to grow at a CAGR of 4.8% during the forecast period. Verifying the collected data in terms of accuracy and reliability. They can also use the online reporting software to understand the different key performance indicators. The starting point was a recent salt-modeling exercise done by Food Standards Australia New Zealand (FSANZ) as part of an investigation into proposed . Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. Both fresh and processed foods make up vital parts of the food supply. 7 The report scope of Processed Food market provides crucial insights into the important segments and sub-segments along with in-depth analysis on the key individual factors influencing its growth rate. 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