Ready Meals Market Segments: By Product Type (Frozen & Chilled, Canned and Dried) ; By Distribution Channel (Supermarket & Hypermarket, Convenience Stores and Online) ; and Region Global Analysis of Market Size, Share & Trends for 2019 2020 and Forecasts to 2030
Ready meals Market are a cost-effective substitute meal that takes less time t- prepare because they are precooked. These meals are available all year and are completely healthy t- eat. While packaged foods deplete nutrients, the various methods used t- prepare ready meals ensure that nutrients are lost t- a minimum in most cases. Precooked or ready-to-eat meals are very convenient since they save time and effort in the kitchen. This has resulted in a rise in the demand for ready-to-eat meals, especially among the working population and students around the world. Since they are pre-cooked, ready meals are a cost-effective option. The year-round supply of ready meals would have a positive effect on demand. Furthermore, print and radi- advertisements have played an important role in raising consciousness about ready meals, resulting in increased consumer growth.
Global Ready Meals Market is expected t- project a notable CAGR of 4.9% in 2030.
Global Ready Meals Market t- surpass USD XXX million by 2030 from USD XXX million in 2020 at a CAGR of 4.9% in the coming years, i.e., 2021-30. This growth is anticipated due t- increasing mergers and acquisitions across various sectors which will create a worldwide demand for Ready Meals. The growth of online stores is als- propelling the selling of high-end products. E-commerce allows the simple purchasing of goods manufactured in remote locations. This, in turn, has made a major contribution t- the development of the global Ready Meals industry.
Global Ready Meals Market: Segments
Frozen & Chilled segment t- grow with the highest CAGR during 202-30
Global Ready Meals Market is segmented by product type int- Frozen & Chilled, Canned, and Dried. Frozen & Chilled segment held the largest market share of XX.X% in the year 2020 due t- a large number of items with a long shelf life the most famous frozen ready meal is frozen pizza, which contributes significantly t- global sales. Canned meals are als- expected t- grow at a rapid pace, owing t- their growing popularity among young people all over the world. In the future, the dried product segment is expected t- expand significantly. Foods like instant pasta and noodles are examples of dried goods.
Online segment t- grow with the highest CAGR during 2020-30
Global Ready Meals Market is segmented by distribution channel int- Supermarket & Hypermarket, Convenience Stores and Online. Over the forecast period, the online distribution channel is projected t- expand at the fastest pace. Sales via this channel have been powered by the increasing popularity of e-commerce platforms among manufacturers and high internet penetration.
Ready Meals Market Dynamics
Rising consumer disposable income and growing western culture
Surging demand of Ready Meals Market from numerous end user industries is the key factor contributing in the market growth. The market's rapid growth can be attributed t- the continuing convenience food trend and rising consumer disposable income per capita. Another factor driving up global retail sales of ready-to-eat meals is the rising working population. People's changing lifestyles and the growing presence of western culture in developing countries are catalyzing the growth of the ready-to-eat meals industry in those countries. Due t- an increase in the number of organic ready meal launches, technological advances, and the development of a strong distribution network in both developing and developed countries, vendors in the global market are expected t- see lucrative growth opportunities in the coming years.
Time and effort saving and low-cost alternative t- junk food
Increase in convenience offered in terms of time savings and little effort needed for the preparation of these meals is driving the growth of the ready meals market. Furthermore, the working population and students have become more interested in these meals as a result of the fact that they only require heating before consumption, reducing overall effort. Furthermore, these meals are low-cost alternatives t- junk food, which is expected t- increase their popularity in the near future.
Health effects and sustainability of product quality
Market growth is being hampered by ambiguity about the health effects of eating packed and frozen food, as well as market players' failure t- sustain product quality and consistency during transportation and storage.
Global Ready Meals Market: Key Players
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
ConAgra Brands Inc.
Kraft Heinz Company
Cha- Xiang Yuan Food Co. Ltd.
Green Mill Foods
Other Prominent Players
Global Ready Meals Market: Regions
Global Ready Meals Market is segmented based on regional analysis int- five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Global Ready Meals in APAC held the largest market share of XX.X% in the year 2020 in terms of revenue. This increase can be due t- the region's growing target population. Furthermore, the regional market is growing as a result of a growing population, raising customer disposable income, and increased awareness of ready-to-eat meals.
Global Ready Meals Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Ready Meals Market report als- contains analysis on:
Ready Meals Market Segments:
By Product Type
Frozen & Chilled
By Distribution Channel
Supermarket & Hypermarket
Ready Meals Market Dynamics
Ready Meals Market Size
Supply & Demand
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Table of Contents
1. Executive Summary
2. Global Ready Meals Market
1. Product Overview
2. Market Definition
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global Ready Meals Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
2. PEST Analysis
11. Global Ready Meals Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Ready Meals Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By product type: Market Share (2020-2030F)
1. Frozen & Chilled, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Canned, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Dried, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By distribution channel: Market Share (2020-2030F)
1. Supermarket & Hypermarket, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Convenience stores, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Online, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
1. Nestlé S.A
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. ConAgra Brands Inc.
3. Kraft Heinz Company
4. Chao Xiang Yuan Food Co. Ltd.
5. Dr. Oetker
6. BRF S.A.
8. Green Mill Foods
9. General Mills
10. Other Prominent Players
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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Ready meals Market are a cost-effective substitute meal that takes less time to prepare because they are precooked. These meals are available all year and are completely healthy to eat. While packaged foods deplete nutrients, ...
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