Food Report - 2020

Statista Consumer Market Outlook

Food Report - 2020 The Food market has traditionally been characterized by high volumes and low margins. Today, brands have to balance offering ever-novel experiences for consumers in saturated industrial nations as well as appealing to the rising middle classes in emerging markets.

What's included?
  • Market Overview and all relevant sales figures
  • Consumer insights and trends
  • Sales channels and competitive analysis
  • Segment deep dives
  • KPI comparison: Sales and growth rates
  • Country and regional comparison
  • Market forecasts

The Food market covers fresh and processed food. The market is further differentiated into Dairy Products & Eggs, Meat, Fish & Seafood, Fruits & Nuts, Vegetables, Bread & Cereal Products, Oils & Fats, Sauces & Spices, Convenience Food, Spreads & Sweeteners, Confectionery & Snacks, Baby Food and Pet Food. All market values reflect value at retail selling prices, inclusive of all applying sales taxes.

This report from the series of Consumer Market Outlook reports gives an overview of the Food market from an international perspective. Besides all relevant market figures like total and per capita revenues for the years from 2012 to 2025, we furthermore give detailed insights into current trends, key players and relevant background information.

In general, the Food market is expected to grow at a CAGR of 2.6% in nominal terms between 2012 and 2025. The highest growth potential is attributable to the Baby Food market. Processed foods profit especially from rising disposable incomes in emerging markets as consumers opt for more convenience. In developed markets, however, established brand players feel the pinch as they are attacked by nimble upscale startup brands in the upper echelons and by store brands in the lower and middle-range of the market.

Note: CAGR: Compound Annual Growth Rate / average growth rate per year

  • Language: English
  • Released: August 2020
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