Food Contract Manufacturing Market Analysis: How Outsourcing is Changing the Food Industry
Expanding Horizons in Food Contract Manufacturing Market Global food contract manufacturing—also known as co-packing or private label production—is entering a high-growth frontier. Between 2018 and 2021, the Food Contract Manufacturing Market demonstrated robust expansion, followed by an accelerated Compound Annual Growth Rate (CAGR) of 8.9% from 2023 through 2030 , projected to drive the market to over USD 275 billion by 2030. Brands are increasingly outsourcing manufacturing, packaging, formulation, and R&D to specialized providers to optimize costs, enhance speed to market, and meet evolving consumer demands. Request Sample Report PDF (including TOC, Graphs & Tables): https://www.statsandresearch.com/request-sample/40336-global-food-contract-manufacturing-market Dominance by Service Type: Manufacturing Leads, R&D Surges Core Manufacturing Services Manufacturing remains the powerhouse segment, accounting for roughly 65–66% of total market value , thanks to economies of s...