Article by:
A. Elizabeth Sloan
Global sales of packaged foods and drinks topped $2.1 trillion in 2017 and are projected to increase at a compound annual growth rate (CAGR) of 2.2% through 2022. Asia Pacific and the Middle East/Africa are the fastest-growing sectors (Euromonitor 2019a).
Dairy is the largest global packaged food category followed by baked goods, processed meat/seafood, confectionery, savory snacks, rice/pasta/noodles, sauces/dressings/condiments, sweet biscuits/snack bars, ready meals, and edible oils (Euromonitor 2019a). Read full food and drink article here.
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