Global Packaged Food Market Benefits from Increased Demand in Developing Economies

Global Packaged Food Market Benefits from Increased Demand in Developing Economies

  • Submitted By: amyjames
  • Date Submitted: 04/19/2016 10:24 PM
  • Category: Business
  • Words: 655
  • Page: 3

Transparency Market Research

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Packaged Food Market - Global Industry
Size, Share, Trends, Analysis, And
Forecasts 2012 - 2018

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REPORT DESCRIPTION

Transparency Market Research has compiled a large amount of data on the food and beverages industry. One such report, titled
“Packaged Food Market - Global Industry Size, Share, Trends, Analysis, And Forecasts 2012 – 2018,” comprises a description of
the key market forces and trends.
One of the major drivers for the global packaged foods market is the proliferation of packaged foods in developing economies.
Packaged foods have long since been a major component in the food and beverage industry in developed nations. But over the
recent past, global players have been generating nearly as much revenue from developing economies as they have from
developed ones. This is also a part of one of the main trends in the global packaged foods market: distributing high volumes of
packaged foods in regions that are showing a higher rate of adoption of western cultures.
Packaged foods present many advantages, including increased hygiene standards, longer shelf life of foods, and competitive
pricing coupled with a large number of global as well as regional players that have created a vast variety of packaged foods in
multiple countries.
Another driver for the global packaged foods market is the increasing density of population across the world. This translates to a
higher number of consumers who are looking for convenient foods or foods that can be carried with them on the go....

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