The global Packaged Burgers Market size was USD 6.41 Billion in 2022 and is expected to register a rapid revenue CAGR of 5% during the forecast period. Rising demand for quick-to-prepare culinary items and ready-to-cook and ready-to-eat meal products, rapid urbanization, changing lifestyles, and shifting food consumption behavior are major factors driving market revenue growth. Packaged burgers are prepared by placing various vegetables, pickles, sauces, and pre-cooked patties of vegetables or ground meat and beef inside sliced buns. These are served with additional ingredients, including cheese, lettuce, tomato, onion, bacon, and chili, to enhance their flavor. At present, packaged burgers are refrigerated at a lower temperature to extend product shelf-life, maintain their quality, mitigate risk of contamination, and prevent food-borne diseases.
Urban dwellers' hectic lifestyles, rising proportion of working women, and increasing popularity of fast food restaurants are rising demand for packaged burgers. Consumers frequently choose packaged burgers because these are an easy, quick, and simple food alternative that only takes a few minutes to make.
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Top Leading Players:
- McDonald’s Corporation
- Tyson Foods, Inc.
- OSI Group, LLC
- Kraft Heinz Company
- Conagra Brands, Inc.
- Wendy’s Company
- Burger King Corporation
- Jack in the Box Inc.
- Hormel Foods Corporation
- Nestle S.A.
Packaged Burgers Market Growth:
The packaged burgers market has been experiencing significant growth in recent years, driven by several factors. Packaged burgers are convenient, ready-to-cook or ready-to-eat burger patties that offer convenience and ease of preparation for consumers. Here are some factors contributing to the growth of the packaged burgers market:
Changing Consumer Lifestyles: Busy lifestyles and the increasing demand for convenient food options have led to a rise in the consumption of packaged foods, including packaged burgers. These products offer convenience and time-saving benefits, catering to consumers seeking quick and easy meal solutions.
Growing Fast Food Culture: The popularity of fast food and quick-service restaurants has had a positive impact on the packaged burgers market. Packaged burgers provide consumers with an opportunity to recreate the fast-food experience at home with a wide range of flavors and options available.
Increasing Urbanization: Rapid urbanization, especially in developing countries, has led to a shift in dietary preferences and eating habits. As more people move to urban areas, the demand for packaged and processed food products, including packaged burgers, has increased due to their convenience and accessibility.
Brand Diversification and Innovation: Food companies and manufacturers have been introducing a variety of options and flavors in the packaged burgers segment to cater to diverse consumer preferences. This product diversification and innovation have expanded the market and attracted a wider consumer base.
Healthier and Plant-Based Options: With the growing focus on health and wellness, there has been an increased demand for healthier and plant-based alternatives in the food industry. This trend has influenced the packaged burgers market, with the introduction of plant-based or vegetarian burger patties that appeal to health-conscious and environmentally conscious consumers.
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Segments covered in the report:
By Type Outlook:
- Beef
- Chicken
- Vegetarian
- Others
By Packaging Outlook:
- Boxed
- Wrapped
- Others
By Distribution Channel Outlook:
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retailers
- Others
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