Chart of the Day | Packaged foods in demand

Chart of the Day | Packaged foods in demand

The pace indicates how changing consumption patterns, driven by urbanization, more working women, emergence of modern retail and packaging innovation, have helped grow the market, according to a United States Department of Agriculture (USDA) report.

A look at some of the fastest growing segments shows how convenience and impulse are trumping other purchasing factors.

Also See | Chart of the Day (PDF)

Sales of higher value and frozen perishable products are concentrated in urban areas, but there is demand in rural areas too for moderately priced and shelf-stable products.

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