The North America Food Contract Manufacturing Market would witness market growth of 8.7% CAGR during the forecast period (2023-2030).
Food contract manufacturing, also known as co-packing or private label manufacturing, refers to outsourcing the production and packaging of food products to third-party manufacturers. These manufacturers, equipped with specialized facilities and expertise, collaborate with brands to bring their food products to market. This outsourcing model allows food companies to focus on brand development, marketing, and sales while leveraging the capabilities of contract manufacturers for the efficient and cost-effective production of goods.
Increasing demand for food manufacturing outsourcing is expected to affect the industry's expansion positively. Increasing R&D expenditure on food processing technologies will impact on the market over the forecast period. Market expansion is fueled by implementing AI and IoT technologies for robotics in manufacturing facilities. Furthermore, increasing private equity investment in contract manufacturing and panic purchasing for comfort foods during the pandemic are anticipated to stimulate market expansion.
North America's food contract manufacturing market has witnessed continuous growth, driven by the increasing demand for processed and packaged food products. The market's expansion is also fueled by the desire of food companies to optimize production processes and focus on core competencies. Companies in this sector often focus on core competencies such as product development, marketing, and distribution while outsourcing production to specialized contract manufacturers. These aspects will boost market growth in the coming years.
The US market dominated the North America Food Contract Manufacturing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $44,021.2 million by 2030. The Canada market is experiencing a CAGR of 11.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10.2% during (2023 - 2030).
Based on Service, the market is segmented into Manufacturing, Packaging and Custom Formulation & R&D. Based on End-Use, the market is segmented into Dietary Supplement, Dairy Products, Convenience Foods, Bakery Products, Confectionery and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Food Contract Manufacturing Market is Predict to reach $261.2 Billion by 2030, at a CAGR of 9.5%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Hearthside Food Solutions LLC, Nikken Foods Co., Ltd., Haco Holding AG, SK Food Group (Premium Brands Holdings Corporation), Pacmoore Products Inc. (Glanbia PLC), Cremica Food Industries Limited, Kilfera Food Manufacturers Ltd, Nutrascience Labs, Inc (Twinlab Consolidation Corporation (TCC)) (Twinlab Consolidated Holdings Inc.), Thrive Foods, and Orion Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Service
- Manufacturing
- Packaging
- Custom Formulation & R&D
By End-Use
- Dietary Supplement
- Dairy Products
- Convenience Foods
- Bakery Products
- Confectionery
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Hearthside Food Solutions LLC
- Nikken Foods Co., Ltd.
- Haco Holding AG
- SK Food Group (Premium Brands Holdings Corporation)
- Pacmoore Products Inc. (Glanbia PLC)
- Cremica Food Industries Limited
- Kilfera Food Manufacturers Ltd
- Nutrascience Labs, Inc (Twinlab Consolidation Corporation (TCC)) (Twinlab Consolidated Holdings Inc.)
- Thrive Foods
- Orion Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Food Contract Manufacturing Market, by Service
1.4.2 North America Food Contract Manufacturing Market, by End-Use
1.4.3 North America Food Contract Manufacturing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Food Contract Manufacturing Market by Service
4.1 North America Manufacturing Market by Country
4.2 North America Packaging Market by Country
4.3 North America Custom Formulation & R&D Market by Country
Chapter 5. North America Food Contract Manufacturing Market by End-Use
5.1 North America Dietary Supplement Market by Country
5.2 North America Dairy Products Market by Country
5.3 North America Convenience Foods Market by Country
5.4 North America Bakery Products Market by Country
5.5 North America Confectionery Market by Country
5.6 North America Others Market by Country
Chapter 6. North America Food Contract Manufacturing Market by Country
6.1 US Food Contract Manufacturing Market
6.1.1 US Food Contract Manufacturing Market by Service
6.1.2 US Food Contract Manufacturing Market by End-Use
6.2 Canada Food Contract Manufacturing Market
6.2.1 Canada Food Contract Manufacturing Market by Service
6.2.2 Canada Food Contract Manufacturing Market by End-Use
6.3 Mexico Food Contract Manufacturing Market
6.3.1 Mexico Food Contract Manufacturing Market by Service
6.3.2 Mexico Food Contract Manufacturing Market by End-Use
6.4 Rest of North America Food Contract Manufacturing Market
6.4.1 Rest of North America Food Contract Manufacturing Market by Service
6.4.2 Rest of North America Food Contract Manufacturing Market by End-Use
Chapter 7. Company Profiles
7.1 Nikken Foods Co., Ltd.
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Haco Holding AG
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Hearthside Food Solutions LLC
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 SK Food Group (Premium Brands Holdings Corporation)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 SWOT Analysis
7.5 Pacmoore Products Inc. (Glanbia Plc)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 Cremica Food Industries Limited
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Kilfera Food Manufacturers Ltd
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Nutrascience Labs, Inc. (Twinlab Consolidation Corporation (TCC)) (Twinlab Consolidated Holdings, Inc.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 SWOT Analysis
7.9 Thrive Foods
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Orion Corporation
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 SWOT Analysis
TABLE 1 North America Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 2 North America Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 3 North America Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 4 North America Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 5 North America Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Packaging Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Packaging Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Custom Formulation & R&D Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Custom Formulation & R&D Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 12 North America Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 13 North America Dietary Supplement Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Dietary Supplement Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Dairy Products Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Dairy Products Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Convenience Foods Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Convenience Foods Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Bakery Products Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Bakery Products Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Confectionery Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Confectionery Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Food Contract Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Food Contract Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 27 US Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 28 US Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 29 US Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 30 US Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 31 US Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 32 US Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 33 Canada Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 34 Canada Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 35 Canada Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 36 Canada Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 37 Canada Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 38 Canada Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 39 Mexico Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 40 Mexico Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 41 Mexico Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 42 Mexico Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 43 Mexico Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 44 Mexico Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 45 Rest of North America Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 46 Rest of North America Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 47 Rest of North America Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 48 Rest of North America Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 49 Rest of North America Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 50 Rest of North America Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 51 Key Information – Nikken Foods Co., Ltd.
TABLE 52 key information – Haco Holding AG
TABLE 53 key information – Hearthside Food Solutions LLC
TABLE 54 Key Information – SK Food Group
TABLE 55 Key Information – Pacmoore Products Inc.
TABLE 56 Key Information – CREMICA FOOD Industries Limited
TABLE 57 Key Information – Kilfera Food Manufacturers Ltd
TABLE 58 Key Information – NUTRASCIENCE LABS Inc.
TABLE 59 Key Information – THRIVE FOODS
TABLE 60 Key Information – Orion Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Food Contract Manufacturing Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Food Contract Manufacturing Market
FIG 4 Porter’s Five Forces Analysis - Food Contract Manufacturing Market
FIG 5 North America Food Contract Manufacturing Market share by Service, 2022
FIG 6 North America Food Contract Manufacturing Market share by Service, 2030
FIG 7 North America Food Contract Manufacturing Market by Service, 2019 - 2030, USD Million
FIG 8 North America Food Contract Manufacturing Market share by End-Use, 2022
FIG 9 North America Food Contract Manufacturing Market share by End-Use, 2030
FIG 10 North America Food Contract Manufacturing Market by End-Use, 2019 - 2030, USD Million
FIG 11 North America Food Contract Manufacturing Market share by Country, 2022
FIG 12 North America Food Contract Manufacturing Market share by Country, 2030
FIG 13 North America Food Contract Manufacturing Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Nikken Foods Co., Ltd.
FIG 15 SWOT Analysis: Haco Holding AG
FIG 16 SWOT Analysis: Hearthside Food Solutions LLC
FIG 17 SWOT Analysis: SK Food Group
FIG 18 SWOT Analysis: Pacmoore Products Inc.
FIG 19 SWOT Analysis: Cremica Agro Food Limited
FIG 20 SWOT Analysis: Kilfera Food Manufacturers Ltd
FIG 21 SWOT Analysis: Nutrascience Labs, Inc.
FIG 22 SWOT Analysis: Thrive Foods
FIG 23 SWOT Analysis: Orion Corporation