U.S. Packaged Food Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“U.S. Packaged Food Market Size Worth $1,197.8 Billion By 2025”
The U.S. packaged food market is expected to reach USD 1,197.8 billion by 2025, according to a new report by Grand View Research, Inc. Globally rising consumption of convenience food products has been a key factor boosting the market growth. In addition, growing disposable income, coupled with busy work schedules are some other driving forces for the packaged food industry. The rise in the population of working professionals and their busier lifestyles has led to the growing need to cater the changing consumption patterns of masses. This has propelled the sales of packaged and canned food items not only in the developed countries but also in the developing nations such as India. The upsurge in the number of supermarkets, malls, and one-stop grocery stores coming up is also one of the major factors contributing the sales of frozen and convenience food items. These frozen products are easy to cook, which makes the consumers spend more time with their family.
Canned products are sealed in airtight containers with some chemical or heat treatment process, thus being a beneficial method for preserving food such as meat, vegetables, fruit, fish, fruit salad, sauces, and meat & vegetable condensed soup, etc.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/us-packaged-foodmarket Further key findings from the report suggest: The U.S. generated a revenue of USD 735.5 billion in 2016 and is expected to grow at a CAGR of 4.5% from 2017 to 2025
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