Fresh Food Market is estimated to be US$ 277.2 billion by 2034 with a CAGR of 7% during the forecast period

Download Sample

Published Date: February 2024

Fresh Food market accounted for US$ 149.7 billion in 2024 and is estimated to be US$ 277.20 billion by 2034 and is anticipated to register a CAGR of 7%. Food that has not been preserved and has not yet spoiled is known as fresh food. This signifies that the vegetables and fruits were recently harvested and treated appropriately postharvest; the meat had been slaughtered and butchered lately; and the fish had been caught or harvested recently and kept cool. Dairy products are perishable and should be consumed as soon as possible. Fresh cheese, on the other hand, is cheese that has not been dried or salted before being aged. "Fresh" sour cream (crème fraîche) is an option. The food hasn't been dried, smoked, salted, frozen, canned, pickled, or preserved in any way.

The report "Fresh Food Market, By Type (Fresh Fish, and Seafood), By Application (Supermarkets, Open Markets, Hypermarkets, Fish Shops, and Other), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034’’

Key Highlights:

In March 2021, iD Fresh Food, a packaged food firm, has created its first online store to sell its iD Instant Filter Coffee Liquid, as it seeks to sell directly to customers and respond to changing consumer behavior toward e-commerce.
In June 2021, iD Fresh Food, based in Bengaluru, plans to expand its workforce with 500 new hires across verticals for its India and Gulf Cooperation Council (GCC) operations. Despite the lengthy problems of the pandemic-induced market, the company's talent acquisition has been steadily increasing, demonstrating its constant performance and commercial resilience.

Analyst View:

The market is likely to benefit from rising demand for organic fresh food products such as fruits, vegetables, and dairy from diet and health-conscious customers over the forecast period. Furthermore, to appeal to an increasingly environmentally conscious consumer base in the region, foodservice operators and retail chains in North American and European economies are expected to convert from plastic packaging to a sustainable option. As a result, the need for eco-friendly fresh food packaging is predicted to rise as a result of the aforementioned considerations.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Fresh Food Market, By Type (Fresh Fish, and Seafood), By Application (Supermarkets, Open Markets, Hypermarkets, Fish Shops, and Other), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029”

Key Market Insights from the report:

Fresh Food market accounted for US$ 149.7 billion in 2024 and is estimated to be US$ 277.20 billion by 2034 and is anticipated to register a CAGR of 7%.Global Fresh Food market is segmented into type, application and region.

Based on Type, the Global Fresh Food Market is segmented into Fresh Fish, and Seafood.
Based on Application, the Global Fresh Food Market is segmented into Supermarkets, Open Markets, Hypermarkets, Fish Shops, and Other.
By Region, the Global Fresh Food Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Global Fresh Food Market:

The key players in the global Fresh Food market includes Danish Crown A/S, Fresh Del Monte Produce NA, Inc., Greenyard Fresh NV, Tyson Foods, Inc., D’Arrigo Bros Company , Driscoll Strawberry Associates, Inc., Dole Food Company, Grimmway Farms, Inc., NatureSweet Ltd. and Reynolds Catering Supplies Ltd.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period

Market Purview

Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
  - Restraints
  - Market Opportunities
  - Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Estimation
- Top-Down Approach
  - Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
  - Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions