Packaged Burger Market Trends and Forecast
The future of the global packaged burger market looks promising with opportunities in the supermarket and convenience store markets. The global packaged burger market is expected to reach an estimated $54.4 billion by 2030 with a CAGR of 5.0% from 2024 to 2030. The major drivers for this market are rising demand for ready-to-eat and ready-to-cook foods, growth of fast food chains and quick-service restaurants (QSRs) worldwide, and busy lifestyles and an increasing number of dual-income households.
• Lucintel forecasts that frozen burger is expected to witness the highest growth over the forecast period.
• Within this market, supermarket is expected to witness the higher growth.
• North America is expected to witness highest growth over the forecast period.
United States
Beyond Meat announced the expansion of its plant-based burger line, introducing new products to meet growing consumer demand. McDonaldÄX%$%Xs is testing its McPlant burger, developed in collaboration with Beyond Meat, in select markets to gauge customer interest.
United Kingdom
The UK government has set a target to reduce meat consumption by 30% by 2030, encouraging the growth of the plant-based burger market. Meatless Farm Co. has increased production capacity to meet rising demand for its vegan burgers.
Germany
Nestlé launched a new plant-based burger under its Garden Gourmet brand, aiming to capture a larger share of the vegan market. The German government supports sustainable food initiatives, promoting plant-based alternatives through subsidies and research funding.
China
Starbucks China introduced Beyond Meat burgers in its stores, aligning with the country’s growing interest in alternative proteins. The Chinese government is investing in the development of plant-based food technologies to enhance food security and sustainability.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Packaged Burger by Segment
The study includes a forecast for the global packaged burger by type, application, and region.
Packaged Burger Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Frozen Burger
• Chilled Burger
• Fresh Burger
Packaged Burger Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Supermarket
• Convenience Store
• Others
Packaged Burger Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Packaged Burger Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies packaged burger companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the packaged burger companies profiled in this report include-
• BUBBA foods
• DR. PRAEGERÄX%$%XS SENSIBLE FOODS
• Drink Eat Well
• Kellogg
• Monde Nissin
• Paragon Quality Foods
• The Kraft Heinz
Recent Development in the Packaged Burger Market
Beyond Meat: Beyond Meat launched its new plant-based burger patties with enhanced taste and texture, aiming to capture a larger share of the growing vegan market.
Nestlé: Nestlé introduced its Garden Gourmet Incredible Burger in several European markets, emphasizing sustainability and plant-based nutrition to appeal to health-conscious consumers.
Impossible Foods: Impossible Foods expanded its retail footprint by entering major supermarkets across Asia and Europe, making its plant-based burgers more accessible to a global audience.
Tyson Foods: Tyson Foods launched a new line of frozen packaged burgers under its Raised & Rooted brand, featuring a blend of plant-based and meat ingredients to cater to flexitarians.
KelloggÄX%$%Xs: KelloggÄX%$%Xs subsidiary, MorningStar Farms, rolled out its Incogmeato brand of packaged burgers, leveraging its well-established vegetarian product line to attract new customers in the meat alternative sector
Features of the Global Packaged Burger Market
Market Size Estimates: Packaged burger market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Packaged burger market size by type, application, and region in terms of value ($B).
Regional Analysis: Packaged burger market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the packaged burger market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the packaged burger market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the packaged burger market size?
Answer: The global packaged burger market is expected to reach an estimated $54.4 billion by 2030.
Q2. What is the growth forecast for packaged burger market?
Answer: The global packaged burger market is expected to grow with a CAGR of 5.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the packaged burger market?
Answer: The major drivers for this market are rising demand for ready-to-eat and ready-to-cook foods, growth of fast food chains and quick-service restaurants (QSRs) worldwide, and busy lifestyles and an increasing number of dual-income households.
Q4. What are the major segments for packaged burger market?
Answer: The future of the global packaged burger market looks promising with opportunities in the supermarket and convenience store markets.
Q5. Who are the key packaged burger market companies?
Answer: Some of the key packaged burger companies are as follows:
• BUBBA foods
• DR. PRAEGERÄX%$%XS SENSIBLE FOODS
• Drink Eat Well
• Kellogg
• Monde Nissin
• Paragon Quality Foods
• The Kraft Heinz
Q6. Which packaged burger market segment will be the largest in future?
Answer: Lucintel forecasts that frozen burger is expected to witness the highest growth over the forecast period.
Q7. In packaged burger market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the packaged burger market by type (frozen burger, chilled burger, and fresh burger), application (supermarket, convenience store, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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