Global food industry market size. Total Value of Global Food and Agricultural Industry.
66 billion in 2024 to USD 193. 1 Billion by 2032, at a Industry market research reports, statistics, analysis, data, trends and forecasts. Market Synopsis: The Global Food Service Market is valued at USD 2761. The rise in consumer spending and the growing influence of food delivery applications are the major factors driving the market growth. Statistic 6. 47 billion in 2023 and is projected to grow from USD 310. 65 Billion in 2022 and the Worldwide Fast Food Market is expected to reach USD 1584. The global specialty food ingredients market size was estimated at USD 101. 4 Billion. 82% during the forecast period (2024 - 2030). 2 billion by 2027 and is poised to grow at a CAGR of 5. Total Value of Global Food Exports. The food and beverages market size has grown strongly in recent years. 93 billion in 2022 & it reaches USD 12. 5% during the forecast period 2018-2030. The global dairy foods market size was valued at USD 827. dollars by 2028. According to the India Brand Equity Foundation (IBEF), 2017, the Indian food processing industry accounts for 32% of the country’s total food market. Halal Food Market Size, 2022. 6% from 2022 to 2030. 7 Billion. 70% during the forecast period (2024- 2032). Global Fast Food Market Overview. 2 Semi Automatic. China, the world`s second Please fill in the below form for Infographics. The primary factors driving the market growth are preventive healthcare, increasing instances of lifestyle-related disorders, and rising consumer focus on health-promoting The global food service market size reached US$ 2,880. The change in eating habits and the quickening pace of life has driven the demand for packaged food and is expected to significantly impact the food packaging industry Sep 11, 2023 · What is the market size of the Global Fast Food Restaurants industry? IBISWorld's statistic shows that as of 2024 the market size of the Global Fast Food Restaurants industry is $994. Looking forward, the market is expected to reach US$ 36. 23 billion by 2030, exhibiting a CAGR of 5. The Food market in India is projected to grow by 7. 0 7. Jul 1, 2024 · KEY MARKET INSIGHTS. The nutritional food market value was USD 5. 4% from 2024 to 2030. 4 billion U. 49% in 2021. 89 billion in 2022. 88 billion by 2029, exhibiting a CAGR of 4. The market is mostly driven because of the Muslim population, rising awareness among people, rapid Nov 9, 2020 · WFP’s market assessments combine market-related data on prices, food availability and supply chains with the analysis of macroeconomic factors and government policies. It comprises various nutritional elements such Mar 3, 2022 · NEW YORK, March 3, 2022 /PRNewswire/ -- As per Zion Market Research study, The global Fast-Food Market size was valued at $647. Romania. 4% from 2020 to 2027. 65 billion by 2032, exhibiting a CAGR of 5. Market value (retail sales value) Consumer. 09 Billion by 2031, expanding at a CAGR of 6. 6. The global food flavors market size was USD 15. Details. 7 billion in 2021 and is likely to surpass $998 billion by the end of Global Food Contract Manufacturing Market Size, Share & Industry Trends Analysis Report By Service (Manufacturing, Packaging and Custom Formulation & R&D), By End-Use, By Regional Outlook and Forecast, 2023 - 2030 Jan 20, 2022 · The Food Service Industry market in the U. US$ 518. Global Food Processing Market Size and Forecast Apr 17, 2024 · Food service equipment: global market size 2020-2030. 20 billion in 2020 and is projected to grow from USD 71. 85 billion in 2021. Jan 10, 2024 · In 2022, the United States saw the highest revenue from meat products and sausages, over five billion U. dollars more than the second largest meat market in the world, Germany with a revenue of Jan 10, 2024 · The food packing market worldwide is growing and is expected to reach a value of 512 billion U. Quantity. Moreover, the convenience offered by these containers in packaging The global halal food market size is projected to attain a valuation of US$ 3,229,805. 29 billion in 2019 and is poised to grow from USD 2540. 56 billion by 2032. Antioxidants are compounds that inhibit The Food segment reached a value of $7,489 billion globally in 2021. The fast-food industry around the world is all about providing fast and easy meals for people who are on the move. The market is anticipated to be driven by rising demand and consumption of processed food and personal care & cosmetic products globally. 99 billion in 2023 to USD 5,423. 33% in 2020. 79% in 2023. Jun 23, 2024 · Statistic 2. Food & Beverages Global Market Size is estimated to reach $7,464. 11. 59 billion by 2030, exhibiting a CAGR of 10. 57 billion by 2032, exhibiting a CAGR of 4. 4 Billion by 2028, exhibiting a growth rate (CAGR) of 9. 7% during 2024-2032. 81 billion in 2021 to USD 128. Food ingredients ensure the availability of flavourful, nutritious, safe and convenient foods that meet the consumer’s expectation is expected to drive the global market. The food service market is forecasted to grow by USD 28. dollars and was forecast Global Food Processing Market Overview. From sector market size and value stats to output value data. 73 billion in 2023 and is projected to grow from USD 16. 2%. 7%, segmented as by type, alcoholic – beverages, non-alcoholic – beverages, grain products, bakery and confectionery, frozen, other foods products. The market is projected to grow at a CAGR of 4. 63 billion by 2030 following a CAGR of 9. Attributes. 67% (2024-2029) resulting in a market volume of US$1,296. 8% during the forecast period, reaching a value of USD 25. US$ 2023. The market size of the quick service restaurant industry worldwide reached 978. 0 See full list on grandviewresearch. 6% between 2024 and 2032 to reach a value of almost USD 292. 6% during 2024-2032. Jun 27, 2024 · Revenue of the food market worldwide 2023, by country. 9%. 22 Billion in 2023. 98 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 18. 22 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9. The Fast Food industry is projected to grow from USD 444. 88 billion in 2022, is bound to cross USD 47. Jun 21, 2024 · Revenue of the food industry worldwide 2019-2029. 14 billion in 2023. Food Processing Market Size was valued at USD 134. Jun 21, 2024 · The global revenue in the food market was forecast to continuously increase between 2024 and 2029 by in total 3. North America dominated the spices and seasonings market with a market share of 40. An increasing number of organized retail stores in developing Jun 21, 2024 · The global revenue in the food market was forecast to continuously increase between 2024 and 2029 by in total 3. This growth was attributed to the increasing pet humanization trend, pet premiumization, feeding of commercial foods, and the rise in pet population by 13. Economic growth trends, exchange rate fluctuations, imports and exports, employment and inflation are key indicators. dollars and is followed by India Jun 18, 2024 · From the staggering worth of the global food and agriculture industry to projections for various market segments, these statistics provide valuable insights into the size, scope, and challenges faced by the food industry on a global scale. 6% through 2033, with the current valuation of US$ 1,291,429. 4%. 39 Billion in 2022 and is likely to reach USD 301. Jul 1, 2024 · The global snack food products market size was valued at USD 557. These restaurants offer a range of menu items like burgers, fries, sandwiches, pizzas, and fried chicken Sep 11, 2023 · The market size, measured by revenue, of the Global Fast Food Restaurants industry was $978. Beverage Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) The Global Market Share of Beverage Industry report is segmented by product type (alcoholic and non-alcoholic beverages market), distribution channel (on-trade and off-trade), and geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). 68% during the forecast period 2021-2028. 2 Billion in 2022. 65 billion U. The global food packaging market size was valued at USD 479. New York, United States , June 13, 2023 (GLOBE NEWSWIRE) -- The Global Food Blenders and Mixers Market Size is to Grow from USD 7. 49 billion by 2030, following a CAGR of 3. Asia Pacific dominated the Antioxidants Market with a market share of 43. dollars (+37. S. 65 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 10. 1 Billion in the year 2021. Y-o-Y Growth Comparison, By Application. The global food container market size was valued at USD 145. The global online food delivery market size was valued at USD 221. 96 billion in 2023 to $7000. 8% during 2023-2028. 28 percent). 80bn in 2024. 32 million by 2033. 93 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5. 9bn an increase of 1. The global cold chain market size was valued at USD 270. 45 billion in 2023 to USD 163. Source: Ag2020: Growth and investment opportunities in food and agribusiness, a joint report from McKinsey and Paine + Partners, 2013 Market size, $ billion Size ranges <2 2–5 5–10 10–50 50–100 >100 0. " The Food Safety Testing Market size is estimated at USD 23. 3 billion in 2019 and is expected to grow at a CAGR of 4. The food service industry is further expected to grow at a CAGR of 6. 00bn in 2029. 47 Billion in the year 2022 and is forecast to reach a value of USD 5833. Europe dominated the frozen food market with a market share of 39. Market Growth Rate 2024-2032. Asia-Pacific accounts for 54% of the global market size in the Food segment. com Jul 3, 2024 · Market share of the global flavors and fragrances industry in 2023, by leading vendors Premium Statistic Grocery market share in Great Britain 2017-2024 The global food & grocery retail market size was valued at USD 11,932. Has the Global Fast Food Restaurants industry grown or declined over the past Global food packaging market expected to generate around USD 423. 01% during the forecast period (2024-2032). Food service refers to either a formal contract that stipulates those meals will be routinely provided by a third party or the Jun 17, 2024 · Food service industry: global market size 2021-2028; "Market size of online food delivery service in China from 2011 to 2021 with a forecast for 2022 (in billion yuan). 87 billion in 2023 and is projected to grow from USD 126. 29 billion in 2022 to USD 67. The worldwide market can expect to witness Premium Statistic Global Muslim market size in 2021 and 2025 Market share of halal food industry 31. 2% from 2024 to 2030. 53 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9. 05% during the forecast period. The market growth is expected to be driven by the growing demand for packaged food products across the globe. The market is projected to grow at a CAGR of 10. 21% by the forecast. 2. 73 billion in 2023 and is projected to grow from USD 505. Halal Food Market Statistics: The global halal food market size reached US$ 2,467. What was the growth rate of the Global Fast Food Restaurants industry in 2023? The market size of the Global Fast Food Restaurants industry increased 1. In 2023, the global hospitality market reached over 4. 9% over the forecast period of 2022-2027. 05% (CAGR 2024-2029). Size of the cloud kitchen market 2022-2032. 5 billion in 2023 and is expected to grow at a CAGR of 3. Global food and beverages market size is expected to reach $180. Asia Pacific dominated the food packaging market with a market share of 32. The Global Market is anticipated to grow exhibiting a Compound Annual Growth Rate (CAGR) of 9. Fast Food Market size was valued at US$ 784. The global food & beverage industry includes various online food chains and offline food chains. 4bn in 2023. dollars as of 2022 Summary. 8 Billion by 2033, growing at a CAGR of 3. is estimated at US$800. " Chart. 0 12. Jul 1, 2024 · The global frozen food market size was valued at USD 297. Nov 8, 2023 · Food service industry: global market size 2021-2028 + Food & Drink Services. 9% through 2024 to 2030, reaching nearly US$ 1096. Sep 29, 2023 · As of 2022, the global Food & Grocery Retail market was estimated at USD 11895277. 1. 28 Global Food & Beverages Industry Market Size, Share & Trends Analysis Report Segment by (Online Food Chain and Offline Food Chain), Impact of COVID-19 on Food & Beverages, and Forecast 2019-2025. dollars in 2023. ToC. "The global functional foods and beverages market size was valued at USD 281. 24 Bn in 2023 and the total revenue is expected to grow at 4. 45% during (2024-2032). 64 billion by 2032 at a CAGR of 5. 79% during the forecast period. 7. "The global food and beverages market size was valued at USD 5. 64 billion in 2028 at a CAGR of 8. 9 trillion in 2020. 07 billion in 2023. The increasing Muslim population worldwide and growing concern regarding food safety, hygiene, and reliability will drive the market in the forecast period. dollars in The global halal food and beverage market size was valued at USD 774. The market growth can be attributed to the increasing demand for processed and convenience foods, rising disposable income, growing urbanization and changing lifestyle trends. 23% in 2023. 86% in 2023. 04% (2024-2029) resulting in a market volume of US$1. 11 billion by 2032, exhibiting a CAGR of 4. 47 billion in 2024 to USD 26. dollars in 2020. The Food & Grocery segment is among the highest-selling product categories in the retail industry. US$ 2022. Pizza industry market value worldwide 2022, by region + Food & Drink Services. After the tenth consecutive The global flavors and fragrances market size was estimated at USD 30. 60 billion by 2029, exhibiting a CAGR of 5. 55% in 2023. Request Sample. 78 Pet Food Market Size & Trends. 8 Billion in 2022 to USD 14. The global pet food market shows a positive trend as there is an increasing pet adoption globally. The agriculture market size has grown strongly in recent years. Statistic 7. Fast Food Market Size was valued at USD 429. Jan 2024. This was an increase The global Food and Beverage market size was valued at USD 17. Europe dominated the snack food products market with a market share of 29. 1% in the forecast period of 2024-2032 to reach a value of approximately USD 64. After the tenth consecutive The global functional food market size was valued at $172. Animal feed is a crucial component in modern livestock production, serving as a vital source of essential nutrients required for the growth, health, and productivity of animals. 09 billion by 2032, according to a research report Global Fast-Food market is predicted to reach approximately USD 1885. Highlights. The global food and non-food retail market is expected to grow at a CAGR of 5. 77 billion in 2024 to USD 441. It will grow from $13,272. 43% during 2022-2028. Total Value of Global Food and Agricultural Industry. 9% from 2024 to 2030. Statistic 3. Market Sizing & Shares. Frozen ready meals, frozen seafood & meat Jun 24, 2024 · Listen to Audio Version. "The small-scale food processing sector in India is expected to grow at a rate of 9% between 2020 and 2025. 4% from 2024 to 2033. The global food & grocery retail market size was valued at USD 11,932. 7 trillion U. Tril. Premium Statistic Global confectionery market: leading companies 2023, based on net sales Pet food industry in the United States Pet food market worldwide Non-alcoholic beverages and soft The global nutraceuticals market size was estimated at USD 317. 0 between 2017 and 2022. 19 billion in 2024 to USD 29. 80% during the forecast period. Find unique Food industry statistics, market data & facts. From the selected regions, the ranking by revenue in the food market is lead by China with 1. Source. 98% during the forecast period. 73 billion by 2029, growing at a CAGR of 7. 58 billion in 2024, and is expected to reach USD 33. The market is experiencing stable growth driven by the increasing pet ownership, a growing preference for premium and natural pet food Food & Beverages Market Overview. 20% from 2024 to 2032. PRE. The market is projected to grow from USD 584. The food processing and handling equipment is primarily utilized for processing meat, seafood 4Agriculture products used for construction and pharmaceuticals (not cotton, energy, food, tobacco, or wood). 1 Billion in 2022. 6. 61 billion in 2021. 69% from 2023. 47% in 2023. Vital Statistics. 75 billion in 2023 to $14,356. 1 Billion in 2023. 7% from 2023 to 2030. The global vegan food market size reached a value of about USD 27. Global Food and Agricultural Sector Share of GDP. The country currently accounts for a 25. 5 trillion by 2030. WTO. Rapid expansion of key application industries including food and beverages, pharmaceuticals, and personal care, and The DBMR Market position grid helped us to analyze the market in different dimension which was very helpful for the team to get into the minute details. Looking forward, IMARC Group expects the market to reach US$ 5,814. 88 billion in 2024 at a compound annual growth rate (CAGR) of 6. 6 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4. Global Catering Services Market Outlook. March 31, 2022. 1% share in the global market. I. The market is expected to grow annually by 4. The market witnessed a growth of 59. Food and Beverage market research report by Future Data Stats, offers a comprehensive view of the market's Market Size in 2023. 79 Billion in 2024 to USD 400. 68 million, and it’s anticipated to reach USD 15882746. Global Food Processing Market Analysis, By Application. " Share this statistic: Cite. 21 Billion in 2021. 3 Billion by 2032, exhibiting a growth rate (CAGR) of 9. 37 billion by 2030, exhibiting a CAGR of 6. 94Percent during the . 89% during the forecast period. 28 billion by 2032, exhibiting a CAGR of 6. 40 billion by 2032, growing at a CAGR of 6. 22% in 2022. Widespread foodborne infections, food adulteration, and other factors threatening public health are prompting local governments and concerned Jul 1, 2024 · The global food processing and handling equipment market size was valued at USD 106. 4 trillion U. Buying Inquiry. Our food and beverage industry analysts opine that halal food providers can expect a CAGR of 9. Inquire. Market Forecast in 2032. The global COVID-19 pandemic has been unprecedented and staggering, with experiencing lower-than-anticipated The global food safety testing market size reached US$ 21. 24 billion by 2032, at a CAGR of 6. 80% over the forecast period. North America dominated the Pet Food Market with a market share of 42. 0 25. 11 % 2023. 0 million in 2028, with a CAGR of 4. 6 billion by 2031, growing at a CAGR of 10. 23 billion in 2024 at a compound annual growth rate (CAGR) of 8. The market's largest segment is the segment Confectionery May 29, 2024 · Global quick service restaurant industry market size 2022-2023. In global comparison, most revenue is generated in China (US$1,607bn Jun 13, 2023 · Follow. 8 trillion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 5. 2,007. 57% during the forecast period. Changes in consumer preferences and growing e-commerce sales are expected to drive the growth of the market. The food service equipment market which was USD 36. Market Introduction and Definition. Unit. Foodservice refers to the sale of food and beverages that are prepared for immediate consumption or for takeaways and home Jan 30, 2024 · Food Market Overview [2032] - Global “Food Market” [2024-2032] research report would be to deliver the correct and tactical analysis of the market share, growth factors, demand, industry size Jul 1, 2024 · The global spices and seasonings market size was valued at USD 19. 4 Billion by 2028, exhibiting a growth rate (CAGR) of 3. 43% during the forecast period (2024-2029). 6 Billion by 2032, exhibiting a growth rate (CAGR) of 4. 76% in the forecast period (2024-2031). Jul 1, 2024 · Listen to Audio Version. 3% during the forecast period. The global antioxidants market size was USD 4. Discover more here. 8 million in 2023. 84 billion in 2024 to USD 7. Asia Pacific dominated the food flavors market with a market share of 35. The report on the food service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Apr 22, 2024 · It encompasses many industries, the largest of which are accommodation and food and drink services. 05 billion in 2023 to USD 5194. Asia Pacific dominated the dairy foods market with a market share of 41. Recent advancements, such as automation in printing techniques, smart packaging, software systems, and interfaces, are projected to drive the global food packaging market growth over the estimated timeline. 85tn in 2029. 65% in 2023. 89 billion in 2022 and is projected to grow from USD 890. 5% during the forecast period. PRE Jun 18, 2024 · From the staggering worth of the global food and agriculture industry to projections for various market segments, these statistics provide valuable insights into the size, scope, and challenges faced by the food industry on a global scale. It will grow from $6576. US$ 674. 3% from 2023 to 2030. The demand for products is anticipated to be driven by growing consumer inclination toward the adoption of pets along with rising concerns regarding Sep 29, 2022 · We, additionally, offer attractive discounts on our upcoming reports. The market growth is attributed to the rising demand for processed food and advancements in technology in The Online Food Delivery market worldwide is projected to grow by 9. 3. 87% over the forecast period. The global pet food market size was valued at USD 120. 9% during the forecast period by 2030. The growth is mainly driven by rising internet penetration coupled with proliferation of smartphones, growing technology advancement, and emergence of cloud kitchens 6. 43 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 11. 88 Billion by the year 2030. 6% during the forecast period, 2023–2031. The growth in the historic period can be attributed to population growth, globalization of trade, government policies, crop protection products, climate and The global food packaging market size was valued at USD 362. 1% in 2023. 58 billion in 2022 to USD 838. Additionally, geospatial information helps to analyze Specialty Food Ingredients Market Trends. The global food delivery market generated over one trillion U. The Food Processing market industry is projected to grow from USD 163. 78 billion during 2023-2028, accelerating at a CAGR of 38. The global revenue in the food market was forecast to continuously increase between 2024 and 2029 by in total 3. 30 billion in 2023 and is projected to grow from USD 20. The global food processing market size was valued at USD 169. 0% from 2022 to 2029. 03 billion in 2022 and is projected to grow from USD 2,646. Global Food Processing Market Size and Forecast, By Mode of Operation. Jun 24, 2024 · The global food service market size was USD 2,395. This figure was forecast to reach 53. "The global frozen food market size was valued at USD 291. 93 billion in 2021 and is expected to witness a compound annual growth rate (CAGR) of 3. 1 - 50 of 221,080 Data & Insights. 3% from 2020 to 2027. The growth in the historic period can be attributed to strong economic growth in emerging markets, increasing internet penetration, and rising disposable Global Food Industry Statistics and Market Size Overview. 14 billion in 2019 and is expected to observe a CAGR of 8. 4% between 2017 and 2022. 59 billion in the year 2023. 6 billion in 2023, and is projected to reach $237. Jun 18, 2024 · Statistic 5. The global fast food market size reached approximately USD 797. 61 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 5. 6% from 2024 to 2030. 5 3. Global Food Processing Market Share Analysis, By Application. 27 billion in 2024 to USD 808. 9% between 2024 and 2032, reaching a value of around USD 1,226. Bil. Looking forward, IMARC Group expects the market to reach US$ 3,787. Food Processing Market Outlook 2031. 77 Bn by 2028 at a rate of 20. 05 billion by 2032. 5 trillion U. Food Service Market size was valued at USD 2323. 59 billion in 2023 and is expected to grow from USD 4. The size of the global food service equipment market reached 23. 15 billion in 2023 to USD 1,374. 9 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5. Looking forward, IMARC Group expects the market to reach US$ 189. 22 Bn. A CAGR of 7% was seen in the Food segment for the period 2017-2021. Functional foods are items that provide health benefits beyond basic nutrition due to their specific bioactive compounds or ingredients. 56 Billion in 2024 to USD 932. 27 billion by 2025, at a CAGR of around 5. 1 Fully Automatic. Accommodation & Food Services; Market Size Statistics - Global The global pet food market size reached US$ 125. The global catering services market is aided by the overall food service industry, which reached a value of almost USD 164. The market is projected to grow from USD 112. 2% from 2021 to 2028. Jul 1, 2024 · The global cocoa and chocolate market size was valued at USD 46. The global dietary supplements market size was USD 61. 9 billion in 2022, and is expected to grow at a compound annual growth rate (CAGR) of 5. 3 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4. Date. The food & beverage industry includes the companies The global fast-food market size was valued at USD 595. 40% during the forecast period. The market is projected to grow from USD 48. Jun 1, 2023 · The Global Fast Food Market Size was valued at USD 980. 9 Billion in 2023. The COVID-19 pandemic adversely affected the Demand for food and grocery delivery has skyrocketed as a result, driving significant growth in industry revenues. The North American market was valued at over 100 billion U. The global pet food market size was estimated at USD 103. Food & beverages market experiences growth with changing consumer habits, increasing number of shopping malls, out-of-town retail parks and retail stores. Revenue in the Food market amounts to US$833. 36 billion by 2032. 4% between 2019 and 2025. 2. 46% Detailed statistics Global halal industry market share worldwide by sector 2018-2024 Jul 1, 2024 · KEY MARKET INSIGHTS. North America dominated the dietary supplements market with a market share of 25. ln es gt gc eg oa lk xl sj yc
