Packaged Mac And Cheese Market Scope And Analysis

Report Code : TIPRE00025300
Category : Food and Beverages

No. of Pages : 150

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Packaged Mac and Cheese Market Scope and Analysis by 2030

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Packaged Mac and Cheese Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 5,461.20 Million
Market Size by 2030	US$ 7,761.15 Million
Global CAGR (2022 - 2030)	4.5%
Historical Data	2020-2022
Forecast period	2022-2030
Segments Covered	By Pasta Source Wheat Rice By Category Gluten-Free and Conventional By Distribution Channel Supermarkets & Hypermarkets Convenience Stores Online Retail
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Kabuto Foods Ltd Symington

Industry Developments and Future Opportunities:

Initiatives taken by key players operating in the global packaged mac and cheese market are listed below:

In May 2023, The Kraft Heinz Company announced the launch of Kraft Mac & Cheese Deluxe Frozen. The product is available at retail stores in original cheddar and four cheese versions. The launch was aimed to cater to the growing demand for frozen mac and cheese products.

COVID-19 Pandemic Impact:

The COVID-19 pandemic adversely affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America, and the Middle East & Africa (MEA) hampered the growth of several food and beverage manufacturing companies. The shutdown of manufacturing units disturbed global supply chains, production activities, delivery schedules, and essential and nonessential product sales. Various companies reported delays in product deliveries and a slump in their product sales in 2020, which hampered the packaged mac and cheese market. The shortage of workforce, ban on import and export, and limited supply of raw materials also led to a halt in operations and processes across the globe during the COVID-19 pandemic. These factors negatively impacted the global packaged mac and cheese market growth in the pandemic.

In 2021, various economies resumed operations as several governments revoked the previously imposed restrictions, which positively impacted the global marketplace. Moreover, manufacturers were permitted to operate at full capacities, which helped them overcome the demand and supply gaps.

Competitive Landscape and Key Companies:

Kabuto Foods Ltd, Symington’s Ltd, San Remo Macaroni Co Pty Ltd, Healthy Kids Ltd, TGK Brand Ltd, The Kraft Heinz Co, Nestle SA, General Mills Inc, Gooder Foods Inc, and Amy's Kitchen Inc are among the prominent players operating in the global packaged mac and cheese market. These market players adopt strategic development initiatives to expand their businesses, further driving the packaged mac and cheese market growth.