Burger Patties Market Size, Share, Trends, Growth 2030

Burger Patties Industry Prospective:

The global burger patties market size was evaluated at $6 billion in 2022 and is slated to hit $11 billion by the end of 2030 with a CAGR of nearly 8.2% between 2023 and 2030

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Burger Patties Market: Overview

Burger patties are a type of sandwich comprising one or more than one cooked patties of beef, vegetables, or meat kept inside a bread roll slice or bun. Reportedly, the burger patty can be flame-broiled, pan-fried, smoked, or grilled. Some of the burgers are stuffed with minced beef with spices and salt while others are the blend of salt and minced meat without any spices. Moreover, burgers with stuffed vegetables are also available in European countries as well as in North America owing to a growing trend of veganism.

Key Insights

• As per the analysis shared by our research analyst, the global burger patties market is projected to expand annually at the annual growth rate of around 8.2% over the forecast timespan (2023-2030)
• In terms of revenue, the global burger patties market size was evaluated at nearly $6 billion in 2022 and is expected to reach $11 billion by 2030.
• The global burger patties market is anticipated to grow rapidly over the forecast timeline owing to swift urbanization along with demand for fast food.
• In terms of source, the plant segment is slated to register the highest CAGR over the forecast period.
• Based on distribution channel, the hypermarkets & supermarkets segment is expected to dominate the segmental growth in the coming seven years.
• Region-wise, the Asia-Pacific burger patties industry is projected to register the fastest CAGR during the forecast timespan.

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Burger Patties Market: Growth Factors

Escalating demand for convenience foods to boost the global burger patties market trends over 2023-2030

A growing focus on adopting a healthy lifestyle and a high consumer focus on convenience food will steer the expansion of the burger patties market across the globe. Swift urbanization along with demand for fast food is predicted to drive the global market trends.  A rapid shift in the food intake behavior of customers along with altering life patterns and hectic work schedules has culminated in a huge demand for convenient snacks such as burger patties globally. Surging demand for ready-to-eat, as well as ready-to-cook food, will embellish the expansion of the market across the globe.

With elongated shelf life and easy-to-cook characteristics, the burger patties have garnered enormous popularity in countries such as the U.S., UK, Germany, and France. Furthermore, a large number of firms in the food & beverages sector are providing new products by using renewable packaging, single-serving food items, and organic ingredients, thereby steering the growth of the market across the globe. Massive promotional activities will embellish the scope of the market growth globally.

Burger Patties Market: Restraints

Scaling product costs and price changes can negatively impact the global industry surge over the forecast period 

High as well as dynamic pricing of burger patties can put brakes on the global burger patties industry expansion over the forecasting years. Large-scale use of preservatives in burger patties is likely to impede the growth of the industry globally in the coming years.  

Burger Patties Market: Opportunities

An increase in the disposable income of consumers opens a slew of growth opportunities for the burger patties market across the globe

A prominent surge in the purchasing capacity of the customers along with a rise in the intake of different cuisines among the people will generate new growth avenues for the global burger patties market. A prominent rise in the working women population in emerging economies, as well as developed countries, is likely to facilitate the growth of the market across the globe.

Burger Patties Market: Challenges

Ban on beef intake in emerging economies such as India can create a big hurdle in the growth path of the industry globally by 2030

Ban on beef consumption in countries such as India can prove to be a huge challenge for the global burger patties industry expansion. Furthermore, strict legislation over the issuing of licensing for the production and sale of the product can prove to be a huge challenge for global industry growth.  

Burger Patties Market: Segmentation

The global burger patties market is sectored into source, category, distribution channel, and region.                                            

In source terms, the burger patties market across the globe is divided into plant and animal segments. Furthermore, the plant segment, which amassed about four-fifths of the global market earnings in 2022, is expected to register the fastest CAGR over the forecast timeframe. The expansion of the segment during 2023-2030 can be a result of a rise in the demand for vegan as well as vegetarian foods in the developed countries of Europe and the Americas. Moreover, the need to prevent environmental damage caused by to intake of meat-based food and continental diet as well as seafood is likely to enlarge the scope of demand for burgers made from plant sources.    

Based on the distribution channel, the global burger patties industry is sectored into hypermarkets & supermarkets, online retail stores, convenience stores, and other segments. Additionally, the hypermarkets & supermarkets segment, which amassed a key share of the global industry in 2022, is anticipated to lead the segmental growth in the forecasting timeline. The segmental expansion over the next seven years can be due to the products offered at large discounts in these supermarkets & hypermarkets. In addition to this, the convenience and ease of selling burger patties in supermarkets & hypermarkets is likely to embellish the segmental surge over the coming years.  

Based on the category, the burger patties market globally is segregated into organic and conventional segments.  

Burger Patties Market: Report Scope

Burger Patties Market: Regional Insights

Europe is predicted to retain its leadership status in the global burger patties market over the forecast timeframe

Europe, which contributed about 55% of the global burger patties market earnings in 2022, will be a leading region in the coming seven years. Moreover, the regional market expansion over the forecast period can be attributed to a rise in the demand for a healthy diet, changing lifestyle, and need for convenience food due to the hectic work schedule of both men as well as women population in European countries. The growing vegan population in European countries such as Germany, the UK, and France has led to massive demand for whole-grain bread which has culminated in huge demand for veg-based burger patties in the continent.  

The Asia-Pacific burger patties industry is set to record the fastest CAGR in the next couple of years. The growth of the industry in the Asia-Pacific zone over the upcoming years can be credited to the presence of key players in countries such as China, Thailand, Indonesia, and Japan. In addition to this, a rise in the competition among the giant players is likely to steer the expansion of the industry across the region.  

Key Developments

• In December 2023, Beyond Meat, Inc., a key U.S.-based manufacturer of plant-based meat alternatives, launched new burger patties at Costco. Reportedly, the new plant-based burger tastes like real beef. Such initiatives of the firm are aimed at promoting the intake of vegan diet among the consumers in the U.S.
• In June 2023, Impossible Foods Inc., a key producer of plant-based meat substitutes, launched the Impossible™ Indulgent Burger Patties, a new plant-based beef product that is all-around indulgent, juicer, and meatier.
• In March 2023, Wakao Foods, an India-based alt-meat firm, introduced a continental burger patty made from plants and jackfruit and rich in fiber & proteins. Reportedly, the new product resembles the pulled meat texture and has an elongated shelf life.

Burger Patties Market: Competitive Space

The global burger patties market profiles key players such as:

• Amazon.com Inc.
• Conagra Brands Inc.
• Nestle SA
• Beyond Meat Inc.
• Impossible Foods Inc.
• The Kroger Company
• Maple Leaf Foods Inc.
• Kellogg Co.
• Tesco Plc
• WH Group Limited

The global burger patties market is segmented as follows:

By Source

• Plant
•  Animal

By Category

• Organic
• Conventional

By Distribution Channel 

• Hypermarkets & Supermarkets
• Online Retail Stores
• Convenience Stores
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa