Packaged Food Market 2024: Insights, Outlook, & Growth Opportunities
The packaged food market is evolving, driven by growing demand for convenience, sustainability, and healthy options. This report provides a snapshot of the packaged food market in 2024, highlighting key trends, insights, and opportunities.
| Packaged Food Market Statistics (2024) | Predictions and Insights | Source |
|---|---|---|
| 1. The Government of India provided financial assistance of USD 301.8 million to 553 food processing projects approved under the schemes of PMKSY. | Aiming to enhance the sector’s efficiency and growth. | Contact us to view the source. |
| 2. PepsiCo has planned to design 98% of its packaging to be recyclable, compostable, biodegradable, or reusable by 2025. | Reinforcing its commitment to sustainability and industry leadership. | Contact us to view the source. |
| 3. Bihar, an Indian state, produces 90% of the world’s fox nut (Makhana) production. | This advancement in agricultural practices and processing technologies enhances both the yield and quality of fox nuts. | Contact us to view the source. |
| 4. In 2023, India’s processed and frozen vegetable market was USD 34,620 million. | This highlights a strong demand for convenient food, with growth potential driven by urbanization and changing lifestyles. | Contact us to view the source. |
Packaged Food Market – Key Takeaways
The packaged food market is transforming, driven by growing demand for convenience, sustainability, and healthy options. To stay ahead of the curve, it’s essential to stay informed about the latest trends and insights. For more in-depth research and analysis, visit our Research and Development page to explore our syndicated reports and custom research services.