About Packaged Burgers
Burgers are a very popular food around the world and consumers are making quality burgers at home with veggies or meat. The increasing number of working population and the busy lifestyle of consumers has increased the demand for packaged or frozen foods. Packaged burgers either can be pre-cooked or fully cooked that is cooked on a stovetop or microwaved. Compared to meat burgers, veggie burgers are easy to steam from completely frozen and also contain high fiber, calories, and less fat that prevents heart diseases, osteoporosis, and other bone debilitating diseases.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Packaged Burgers market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
McCain Foods (Canada), Kellogg's (United States), Nestle (Switzerland), Beyond Meat (United States), The Kraft Heinz Company (United States), Amy's Kitchen (United States), Tyson Foods (United States), Jennie-O Turkey Store, LLC (United States), Jack's Gourmet (United States), Hilary's Eat Well (United States) and Columbus Craft Meats (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Packaged Burgers market by Type (Plant-based, Vegetarian and Non-vegetarian) and Region.
On the basis of geography, the market of Packaged Burgers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Chilled will boost the Packaged Burgers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Packaged Burgers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Plant-based Lifestyle Due to Growing Awareness about Health Benefits and Animal Cruelty
Market Growth Drivers:
Growing Consumption of Packaged and Frozen Foods Worldwide and Increasing Demand of Veggie Burgers Due to Fewer to No Preservatives and Health Benefits
Challenges:
Maintaining burger quality and freshness in packaging can be a challenge.
Restraints:
Risk of E.coli or Other Bacteria in Undercooked Meats
Opportunities:
The Launch of Vegie Burgers With Different Varieties and Texture
Market Leaders and their expansionary development strategies
In February 2023, Ghost Kitchens India has announced today that it has acquired celebrity Chef Vicky Ratnani's gourmet cloud kitchen brand called 'Speak Burgers' known for its freshly prepared bespoke burgers, appetizers & poppers, charcoal grilled chicken wings, chips, French fries & more. Through this strategic acquisition, Ghost Kitchens plans to cater to & acquire a new customer segment with high spending power.
In 2019, Nestle launched new plant-based burgers in Europe and US under the brand Garden Gourmet and Sweet Earth to meet the global trend of plant-based products. Garden Gourmet is 100% plant-based with natural plant extracts like beetroot, carrot, and bell pepper, and natural protein from soy and wheat. Garden Gourmet burgers will be available in chilled or frozen form. While Sweet Earth’s burger will be veggie-centric and sold fresh in the American market.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Packaged Burger Manufacturers, Suppliers and Distributors of Packaged Burger, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.