Packaged Burger Market
Report ID: SQSG30I2054
Packaged Burger Market Size, Share, Growth Analysis, By Product Type(Frozen Burger, Chilled Burger, Fresh Burger), By Distribution Channel(Supermarket, Hypermarket, Convenience Stores, Online Stores), By Patty Type(Veg, Non-Veg Patty), By Region - Industry Forecast 2024-2031
Report ID:
SQSG30I2054 |
Region:
Global |
Published Date: October, 2024
Pages:
238
|Tables:
91
|Figures:
76
Packaged Burger Market Insights
Packaged Burger Market size was valued at USD 42.25 billion in 2022 and is poised to grow from USD 44.5 billion in 2023 to USD 67.09 billion by 2031, growing at a CAGR of 5.2% in the forecast period (2024-2031).
Packaged burgers are burger in which cooked patties of ground beef, meat, or vegetables are used inside a sliced buns and a variety of sauces as well as cheese, lettuce, tomato, onion, pickles, bacon, or chili are also included. To increase the shelf life of these burger they are usually stored in low temperatures. Rising demand for convenience foods has fueled market expansion. Rapid urbanization, changing lifestyles, shifting food consumption habits, and consumers' hectic schedules have boosted sales of various ready-to-eat foods, such as packaged burgers. With rising demand for ready-to-cook and ready-to-eat meal products, demand has increased significantly in urban areas, where the working population has less time to cook meals. The product's long shelf life and ease of preparation are driving consumer demand. As a result, several companies are developing innovative products that use sustainable packaging, organic ingredients, and single-serving food.
US Packaged Burger Market is poised to grow at a sustainable CAGR for the next forecast year.
To get more reports on the above market click here to Buy The Report
Packaged Burger Market Segmental Analysis
Global Packaged Burger Market is segmented on the basis of product type, distribution channel, patty type, and region. On the basis of product type, Packaged Burger Market is segmented into frozen burger, chilled burger and fresh burger. According to the distribution channel, Packaged Burger Market is segmented into supermarket and hypermarket, convenience stores, online stores and others. On the basis of patty type, the market is bifurcated into veg patty and non-veg patty. Based on the region, Packaged Burger Market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Packaged Burger Market Analysis by Product
The frozen burger segment dominated the global packed burger market at a notable CAGR. Frozen burgers are burgers that needs to be heated before eating. The growth of frozen burger segment can be credited to the longer shelf life and nutritional content offered by the frozen category of packaged burgers as compared to fresh burger. The shelf life is easily around six to eight months. Also, the frozen burgers meet the needs of consumers who are actively seeking ready to eat meals which are convenient to cook. Popular frozen burgers variant include ground turkey and ground beef burger. These burgers are readily available in ready-to-cook variants which is convenient for consumers.
Fresh burger segment is expected to grow at a high CAGR during the forecast period. USA, Canada, Japan, China, and Europe will be driving the growth of the segment.
Packaged Burger Market Analysis by Distribution Channel
Supermarkets and hypermarket segment dominated the market share and expected to continue this trend during the forecast period. The popularity of supermarket in this segment is the result of factors such as wide variety of products availability, discounted prices and convenience of getting different items at the same place. Because of this, manufacturers in the packaged burger sector have concentrated on expanding their retail sales by distributing their products through large supermarket and hypermarket chains.
Online channel is estimated to be the fastest growing segment during the forecast period. This can be attributed to the increasing penetrating of online stores and ease of shopping online. Many packaged burger producers are keen on partnership with online retailers to increase their consumer reach.
To get detailed analysis on other segments, Request For Free Sample Report
Packaged Burger Market Regional Insights
Europe is dominated the global packaged burger market in 2021 as it occupies approximately half of the current market and is expected to maintain its lead during the forecast period. This trend is because of the constant introduction of new products such as plant based burgers and others which people prefer in this region. Rising vegan population and the trend of veganism is expected to support the market growth in this region. Many vendors are including veggie burgers in their existing product portfolio. The countries such as the UK, Germany and Italy are in forefront in the European packaged burger market. Major players have started to offer health conscious options such as whole grain breads along with vegan products.
Asia-pacific is expected to the fastest growing region during the forecast period. Key markets which will provide a better growth opportunity includes China, Australia, Japan, India and South Korea. These markets have much untapped potential and will likely boost the packaged burger market in the Asia-Pacific region. Many global players are planning to expand in this region and local players are also getting some success in this market by introducing plant based packaged burgers.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Packaged Burger Market Dynamics
Packaged Burger Market Driver
- Shifting preference of people towards plant based packaged burger especially in the U.S and the UK is driving the global packaged burger market
- Factors like rapid urbanization, busy work scheduled and rising demand of people for ready to eat and ready to cook foods is driving the global packaged burger market.
- Nowadays retailer are offering packaged burger. Also, some supermarkets are offering their own brand of packaged burgers. As for their long shelf life and ease of cooking many consumers prefer this food. Thus, increasing number of retailers are driving packaged burger market growth.
Packaged Burger Market Restraint
- Presence of preservative in the packaged burgers may cause a negative impact towards the market growth and it may restrict the reach to health conscious customers.
- Rising concerns regarding bacterial contamination in burgers, an increase in the popularity of homemade burgers, and a rise in demand for burgers served in restaurants may act as restraining factors in the market growth.
Request Free Customization of this report to help us to meet your business objectives.
Packaged Burger Market Competitive Landscape
Global packaged burger market is fragmented due to presence of many players. Innovative products are introduced by the companies to garner consumer interest. Strategies such as mergers & acquisition, strategic partnership, are adopted by key players for growth expansion. Major players include McCain Foods, Kellogg's, Nestle, Beyond Meat, The Kraft Heinz Company and Amy's Kitchen. Major players are collaborating with one another to bring out new product offerings.
Packaged Burger Market Key Player’s Company Profiles
- Amy's Kitchen
- Beyond Meat
- Conagra Brands
- Dr. Praeger's
- Impossible Foods
- JBS SA
- Kellogg Co.
- Maple Leaf Foods
- Nestle S.A.
- Perdue Farms
- Pinnacle Foods
- Tyson Foods
- Quorn Foods
- Schouten Europe B.V.
- Tofurky
- The Kraft Heinz Company
- The Vegetarian Butcher
- The Hain Celestial Group
- Wendy's Company
- White Castle System Inc.
Packaged Burger Market Recent Developments
- In July 2022, Swedish fast casual chain Bastard Burgers announced that it has plans to expand the fast food chain across the country. It opened its first US restaurant in New York in February. The chain offers smash burgers that are pressed flat and cooked crispy on a griddle.
- In May 2022, Impossible Foods a California based company launched its new six pack of preformed frozen patties in the local groceries stores of the U.S.
Packaged Burger Key Market Trends
- During the peak of the pandemic, food delivery services were hailed as a lifeline for most businesses. Since the outbreak, online food deliveries have been regarded as an absolute necessity in the restaurant and food service industries. Consumers are shifting away from traditional ordering methods and toward digital ones because they are simpler, error-free, faster, and completely transparent. As a result of the emergence of this trend, the fast food sector is expected to benefit and provide various development opportunities for new entrants throughout the forecast period.
Packaged Burger Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Packaged Burger Market analysis, in terms of product type, the segment of frozen burger is growing at a fast rate. This was because they are convenient to eat any time as it just need to be heated. Although they have longer shelf life, the nutrients content are preserved till a long time. In terms of distribution channel, the supermarket segment held the larger share of the Global Packaged burger market. The ease of availability and variety of options available at a single place are factors responsible for this. In terms of patty type, the segment of veg patty is growing at a rapid rate because of the increasing adoption of trend of veganism.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 42.25 billion |
| Market size value in 2031 | USD 67.09 billion |
| Growth Rate | 5.2% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Packaged Burger Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Packaged Burger Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Packaged Burger Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Packaged Burger Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Packaged Burger Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Packaged Burger Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
USA (+1) 351-333-4748
