The Global Ready Meals Market size is projected to reach USD X, XXX.X million by 2028 from USD 4,660.5 million in 2016 growing at a CAGR of 8%. The demand for ready meals is increasing due to the convenience it offers and also because of the busy lifestyle people are living these days. In this report, we provide an overview of the global-ready meal market including its drivers and restraints as well as key trends affecting the market's growth prospects over the forecast period (2018-2028).
A ready meal is a pre-packaged meal that is usually sold in either frozen or chilled form. They are also known as pre-cooked meals, prepared meals, or microwaveable meals. Ready meals often come as complete dishes with all the necessary ingredients and instructions included, making them a convenient option for those who lead busy lives. Ready meals are convenient, easy to store and transport, and typically require no cooking. They can be a great option for people who are short on time or want something quick and easy to eat. Many ready meals also come with a variety of nutritional benefits, such as added protein or fiber. Additionally, many brands offer vegan and gluten-free options for consumers with dietary restrictions.
On the basis of Type, the global ready meals market is segmented into Frozen & Chilled Ready Meals, Canned Ready Meals, and Dried Ready Meals.
The term "Frozen & Chilled Ready Meals" refers to all chilled or frozen ready meals. It is a type of prepared food in which primary ingredients are combined with the final dish and then cooked in an oven by baking, steaming, or boiling. Frozen already-cooked dishes can be reheated in microwaves for household consumption. Frozen & Chilled Ready Meals are prepared by freezing the product for storage. The process preserves the quality of food, while it allows you to keep them fresh on a shelf or in your freezer until they are ready to eat.
Canned Ready Meals are pre-cooked and processed food that is sealed in a can. It usually contains meat, vegetables or fruits. The meals are heated by the consumer before consumption. Canned Ready Meals provide a convenient option for those who want to cook quickly without having to prepare anything from scratch. They are also affordable and shelf-stable. Canned Ready Meals are prepared by canning the food. The food is cooked and then sealed in a container, usually made of metal, such as tin or aluminum. Canning preserves the flavor and nutritional value of the food for a long time. It also sterilizes the food, making it safe to eat without further cooking. Canned Ready Meals are a great way to have a quick and easy meal.
Dried Ready Meals are meals that have been precooked and then dried. They can be stored for a long time and do not require any refrigeration. These meals are perfect for people who are on the go or traveling, as they do not need to be cooked again. Dried Ready Meals come in a variety of flavors and can be a quick and easy meal option. Dried Ready Meals are prepared by removing moisture from ingredients. This makes them shelf-stable for a long time until they need to be cooked.
On the basis of Application, the global ready meals market is segmented into Hypermarkets and Supermarkets, Independent Retailers, Convenience Stores, and Others.
On the basis of Region, the global ready meals market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American region is expected to dominate the global ready meals market during the forecast period. The growth of this region is primarily driven by factors such as the increasing preference for convenience, the emergence of new product launches, and growing demand from major players.
The Asia Pacific market is expected to witness a healthy growth rate during the forecast period due to factors driving its economy including a high population base, rapid urbanization, and economic development in developing countries. The same holds true for the Europe ready meals market, which is expected to grow at a healthy rate during the forecast period. The Latin American and Middle Eastern & African markets are anticipated to offer potential growth opportunities for key players in the global ready meals market during the forecast period. The growth of these regions can be attributed to various factors such as rising disposable income, changing lifestyles, and the increasing number of working women.
The growth of the global ready meals market can be attributed to various factors such as rising disposable income, changing lifestyles, and increasing demand for convenience food. Moreover, the growing number of nuclear families and busy lifestyles are also fuelling the demand for ready meals. Additionally, favorable initiatives by the government towards the development of the processed food industry are further expected to boost the growth of the global ready meals market.
Up Market Research published a new report titled “Ready Meals Sales Market research report which is segmented by Types (Frozen & Chilled Ready Meals, Canned Ready Meals, Dried Ready Meals), By Applications (Hypermarkets and Supermarkets, Independent Retailers, Convenience Stores, Others), By Players/Companies Nestle, ConAgra, Unilever, Kraft Heinz, Campbell Soup, Hormel Foods, The Schwan Food, JBS, Sigma Alimentos, Iglo Group(Nomad Foods), Sisters Food Group, Tyson Foods, Fleury Michon, Grupo Herdez, Greencore Group, Maple Leaf Foods, McCain, Advanced Fresh Concepts”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Ready Meals Sales Market Research Report|
|By Type||Frozen & Chilled Ready Meals, Canned Ready Meals, Dried Ready Meals|
|By Application||Hypermarkets and Supermarkets, Independent Retailers, Convenience Stores, Others|
|By Companies||Nestle, ConAgra, Unilever, Kraft Heinz, Campbell Soup, Hormel Foods, The Schwan Food, JBS, Sigma Alimentos, Iglo Group(Nomad Foods), Sisters Food Group, Tyson Foods, Fleury Michon, Grupo Herdez, Greencore Group, Maple Leaf Foods, McCain, Advanced Fresh Concepts|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||222|
|Number of Tables & Figures||156|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Frozen & Chilled Ready Meals, Canned Ready Meals, Dried Ready Meals and By Application Hypermarkets and Supermarkets, Independent Retailers, Convenience Stores, Others.
Some of the companies that are profiled in this report are:
Ready Meals Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Ready Meals Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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