by Corinne Gangloff
March 20, 2017
Cleveland, March 20, 2017 — US shipments of processed food are forecast to reach $808 billion in 2021, according to Processed Food: United States, a report recently released by Freedonia Focus Reports. Dairy products are expected to post the fastest shipments growth, due to consumer demand for snacks with more natural ingredients and higher amounts of protein.
Dairy product suppliers also stand to benefit from economic trends in major export markets such as China. Dry, condensed, and evaporated products dominate exports in the dairy segment. After a series of food safety scandals, many consumers in China came to rely on international brands due to their reputation for quality. Exports also represent a key driver of growth for meat, poultry, and seafood suppliers, especially as trade restrictions are lifted in key markets such as Japan and South Korea.
These and other key insights are featured in Processed Food: United States. This report forecasts US processed food shipments in US dollars at the manufacturers’ level to 2021. Total shipments are segmented by product in terms of:
To illustrate historical trends, total shipments, the various segments, and trade are provided in annual series from 2006 to 2016.
This report and other Freedonia Focus reports can be purchased at www.freedoniafocusreports.com and are also available on www.marketresearch.com and www.profound.com.
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