Global Fresh Food Market, By Product Type (Bread and Bakery, Dairy, Fish and Seafood, Fruits and Vegetables, Meat, and Poultry), By Distribution Channel (Open Market, Supermarkets/Hypermarket, Departmental Store, Online and Others, By Region, Industry Trends and Forecast Till 2027.

Global Fresh Food Market, By Product Type (Bread and Bakery, Dairy, Fish and Seafood, Fruits and Vegetables, Meat, and Poultry), By Distribution Channel (Open Market, Supermarkets/Hypermarket, Departmental Store, Online and Others, By Region, Industry Trends and Forecast Till 2027.

Global Fresh Food Market

The Global Fresh Food Market was valued at USD 3,222.06 billion in 2021, and it is expected to reach 4652.73 billion in 2027, at a CAGR of 4.70% during the forecast period 2022-2027.
The fresh food market refers to the worldwide market for fresh food products, which are perishable food items that have not been processed, preserved, or frozen. These products typically include fruits, vegetables, meat, poultry, dairy, fish, and seafood, as well as baked goods and other perishable items sold in grocery stores, supermarkets, and other retail outlets. The global fresh food market is a significant and growing segment of the overall food and beverage industry.

Market Drivers 

Increasing online sales of fresh and other foods will boost market growth People have busy schedules and often don't have time to shop for and prepare nutritious meals. Thanks to the ease of buying groceries online, shoppers can get fresh food without having to browse store shelves. Additionally, thanks to the popularity of online deliveries, food, and beverage industries are now selling their products both domestically and internationally. To help fresh food producers, online grocers like Big Basket and Grofers offer consumers a virtual marketplace where they can easily access their orders online and have them delivered quickly to their doorstep. Therefore, the growth of online sales of fresh and other food products is expected to contribute to the growth of the market. Changes in diet are driving market growth the frequency of disorders and lifestyle diseases such as obesity and diabetes has increased dramatically in recent years. As a result, consumers are increasingly health conscious and focus on lifestyle changes to reduce their susceptibility to certain disorders and diseases.

Market Restraints

The adverse effects of over-fertilization are the biggest and biggest challenge to the growth of the fresh food market during the forecast period. Many fresh food manufacturers use different chemicals to maintain the color, freshness, and texture of fresh food. These chemicals can be dangerous to human health and there is a possibility that agricultural products can be contaminated with residues of these chemicals. Since all these factors have adverse health effects on humans and plants, they are challenges for the fresh food market.

Market Opportunities 

Distribution of sliced and organic fruits and vegetables Quality is a major concern among consumers when it comes to fresh food, which is why people trust reputable companies. Organizations provide both chopped fresh vegetables and food to make it easier for people to consume these fresh foods. There is a growing willingness to spend extra money on different features, such as organic vegetables or fruit. This is expected to boost the growth of the market. Most of the demand for fresh food such as vegetables and fruits comes from Asia due to the large population of India and China. Together, their population is more than 30% of the world's population. Therefore, the proliferation of cut and organic fruits and vegetables creates lucrative opportunities for market growth.

Market Segmentation

The fresh food market worldwide is divided into different segments based on two factors: product type and distribution channel. The product type segment includes bread and bakery, dairy, fish and seafood, fruits and vegetables, meat, and poultry. On the other hand, the distribution channel segment is divided into open markets, supermarkets/hypermarkets, departmental stores, online, and others.

Regional Analysis

The fresh food market is segmented into five regions North America, Latin, America, Europe, Asia Pacific, and Middle East & Africa. North America dominates the fresh food market in terms of revenue and market share due to the growing awareness of healthy lifestyles in the region. Additionally, rising disposable income is expected to increase the demand for convenience foods in the region. Asia Pacific is expected to be the fastest-growing region during the forecast period 2022-2027 due to changing consumer dietary patterns and rapid urbanization in emerging economies such as India and China. In addition, a growing middle-class population will increase household spending on food, which will further boost industrial growth in the region.

Key Development 

The increase in demand for online shopping is a trend in the fresh food market that is expected to have a positive impact in the coming years. Factors such as the growth of internet connections, the spread of smartphones, and a large customer base are driving the demand for fresh foods such as vegetables, fruits, and meat and poultry in e-commerce. Growing internet marketing allows producers to provide consumers with easy access to fresh food. E-commerce platforms like Alibaba, Amazon, IndiaMart, and Innovative Retail Concepts Pvt. Ltd. (large basket) sell fresh food. Online shopping channels sell fresh food at almost 40% cheaper than traditional local vendors. Such discounts and offers and the availability of several exotic fresh vegetables and fruits attract consumers to buy products in bulk through online shopping. This is expected to increase online shopping for fresh food.

Key Players

Various key players are listed in this report such as Del Monte, Dole plc, Greenyard, NatureSweet Tomatoes, Cargill, Incorporated, Hain Celestial, Dole Food Company, Inc, Dairy Farmers of America, Inc, General Mills Inc., Danone, United Natural Foods, Inc., GCMMF.

Market Taxonomy

 By Product Type 
• Bread and Bakery Dairy
• Fish and Seafood
• Fruits and Vegetables
• Meat and Poultry

By Distribution Channel 
• Open Market
• Supermarkets/Hypermarket
• Departmental Store
• Online
• Others

By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report
• What are the Key Opportunities in Global Fresh food Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?