Global Fresh Food Industry Expected to Grow at a CAGR of 4.23% Between 2021 and 2027 –

DUBLIN–(BUSINESS WIRE)–The “Global Fresh Food Market by Type (Meat, Vegetables, Fruits, Fish and Other Seafood), by Distribution Channel (Open Market, Supermarkets/Hypermarkets, Department Store, Online and Others), by Region , Competition, Forecast and Opportunities, 2017-2027” report has been added to from offer.

Global Fresh Food Market was valued at USD 3077.43 Billion in 2021 and is projected to grow at a CAGR of 4.23% during the forecast period to reach USD 3922.70 Billion by 2027.

Growing health consciousness and prevalence of lifestyle disorders and increasing spending capacity of consumers are the major factors driving the demand for the global fresh food market.

Furthermore, emergence of online sales channels and entry of major market players providing fresh food to consumers are expected to create lucrative growth opportunities for the global fresh food market over the forecast period.

Food plays a major role in maintaining the health of an individual and provides all the nutrients needed by the human body. Fresh foods are gaining popularity due to their health benefits and growing consumer awareness of the nutritional benefits of eating fresh foods.

High internet penetration and the proliferation of smart devices are supporting the popularity of e-commerce channels. Consumers have increased their food spending and are actively ordering fresh food products through online shopping platforms. The ease of convenience and fast door-to-door delivery service offered by online platforms enable consumers to contribute to the growth of the global fresh food market. However, the short shelf life of fresh foods may restrain the market growth over the forecast period.

Years considered for this report:

  • Historical years: 2017-2020

  • Base year: 2021

  • Estimated year: 2022

  • Forecast period: 2023-2027

Goal of the study:

  • To analyze the historical growth and market size of the global fresh food market from 2017 to 2021.

  • Estimate and forecast the market size of Global Fresh Food Market from 2022 to 2027 and the growth rate till 2027.

  • To classify and forecast the global Fresh Food Market which is divided into type, distribution channel, region and competitive landscape.

  • Identify drivers and challenges in the global fresh food market.

  • Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the global fresh food market.

  • Perform price analysis for the global fresh food market.

  • To identify and analyze the profile of major players operating in the global Fresh Food Market.

Report Scope:

In this report, the global fresh food market has been segmented into the following categories, in addition to industry trends which have also been detailed below:

Fresh produce market, by type:

  • Meat

  • Vegetables

  • Fruits

  • Fish

  • Other seafood

Fresh food market, by distribution channel:

  • Open market

  • Supermarkets/Hypermarkets

  • Big store

  • On line

  • Others

Fresh produce market, by region:

  • Asia Pacific

  • China

  • India

  • Japan

  • Indonesia

  • Vietnam

  • Europe

  • Russia

  • Germany

  • France

  • UK

  • Italy

  • North America

  • United States

  • Canada

  • Mexico

  • South America

  • Brazil

  • Argentina

  • Colombia

  • Middle East and Africa

  • South Africa

  • Saudi Arabia

  • United Arab Emirates

Companies mentioned

  • JBS S.A.

  • Sysco Corporation

  • Tyson Foods, Inc.

  • Greenyard SA

  • Fresh Del Monte Produce Inc.

  • Cargill Meat Solutions Corp.

  • Dole Food Company, Inc.

  • Sanderson Farms, Inc.

  • D’Arrigo Bros. Co.

  • Itoham Yonekyu Holdings Inc.

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