Dried Processed Food Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Dried Processed Food Market is segmented by Product Type as Pasta and Noodles, Soup, Ready Meals, Baby Food, and Others; Distribution Channel as Supermarkets/Hypermarkets, Convenience Stores, Online Retail Channel, and Others; and Geography.

Market Snapshot

Dried Processed Food Market Overview
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 5.1 %
Dried Processed Food Market Major Players

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Market Overview

The global dried processed food market is expected to register a CAGR of 5.1%. 

The market is driven by lifestyles and dietary habits, and demand for convenient food at a low cost and longer shelf life. Moreover, the high nutritional contents of the dried processed food products have attracted the attention of several health-conscious consumers worldwide, as it can be consumed during any hour of the day. Furthermore, increasing preference for gluten-free foods and organic processed food owing to health concerns is likely to drive the market for the dried processed food market worldwide.

A large number of manufacturers are adding gluten-free offerings to their product portfolio on account of the growing awareness about celiac disease. For example, Alpineaire Foods offers gluten-free Spicy Sausage Pasta (Pork) and Beef Burrito Bowl.

Scope of the report

The ready meals market is segmented by product type into pasta & noodles, soup, ready meals, baby food, and others. By distribution channel, the market is fragmented into supermarkets/ hypermarkets, convenience stores, online retailers, other distribution channels. The regional analysis of the market has also been included in the report.

By Product Type
Pasta & Noodles
Soup
Ready Meals
Baby Food
Others
By Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Online Retail Channels
Others

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Key Market Trends

Strategic Inclination towards Healthy Processed Food

Dried processed food products, like pasta and noodles, are consumed in several countries as a staple food. Hectic lifestyles and the need for leisure has propelled the need for convenient food products. Dried ready meals, dried noodles and pasta, and several other dried processed food products require less preparation time. Due to the growing health awareness, food manufacturers are concentrating on using natural food additives that are organic, functional, have high effectiveness, and low toxicity in these dried food products. For example, Kraft Foods has announced that by 2016, its boxed noodles products would be colored with natural ingredients, such as annatto, paprika, and turmeric.

Dried Processed Food Market Key Trends

Increasing Penetration of Processed Food Globally

The global dried processed food market is dominated by North America, as it is the largest consumer of dried processed food, due to high meat consumption habits in this region; the USA and Canada are the largest consumers. Europe is the second-largest consumer of dried food products; some parts of Europe, like the UK, France, Germany, and Italy are substantial markets. The higher the level of processing, the higher the level of product differentiation, can be attributed to a very sophisticated research and development capability in these developing countries. Dried processed food manufacturers in these countries are able to discover what consumers want and deliver them with the product characteristics that consumers prefer.

In the Asia-Pacific region, China is the largest consumer and producer of dried processed food. The consumption of such products is also growing at a good rate in the developing countries of South America.

Dried Processed Food Market Growth Rate

Competitive Landscape

Globally, there are many big and small players that are involved in the production of dried food products. The overall market is a competitive market, but some of the major players current;y currently operating in the market are Campbell Soup Company, Nestle SA, Unilever, General Mills Inc, and others. New product launches, innovative flavors, gluten-free products, and mergers and acquisitions with local players, have been strong business strategies for market growth.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Pasta & Noodles

      2. 5.1.2 Soup

      3. 5.1.3 Ready Meals

      4. 5.1.4 Baby Food

      5. 5.1.5 Others

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarkets/Hypermarkets

      2. 5.2.2 Convenience Stores

      3. 5.2.3 Online Retail Channels

      4. 5.2.4 Others

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Campbell Soup Company

      2. 6.4.2 Nestlé S.A.

      3. 6.4.3 Unilever

      4. 6.4.4 The Kraft Heinz Company

      5. 6.4.5 Del Monte Food

      6. 6.4.6 General Mills Inc.

      7. 6.4.7 The J.M. Smucker Company

      8. 6.4.8 Conagra Brands, Inc

      9. 6.4.9 Premier Foods Group Limited

      10. 6.4.10 Tyson Foods, Inc.

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Dried Processed Food Market market is studied from 2016 - 2026.

The Dried Processed Food Market is growing at a CAGR of 5.1% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Campbell Soup Company, Nesle SA, Unilever, The Kraft Heinz Company, The J.M. Smucker Company are the major companies operating in Dried Processed Food Market.

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