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Shifting consumers’ food preferences towards ready-to-eat food products due to the busy lifestyle of working individuals also as hectic work schedules of school grads and students is predicted to be a key factor for the market growth. Moreover, the growing demand for minimally processed and additive-free food products with an extended time period is predicted to fuel market growth. Customers round the globe are more inclining towards food items which will easily be consumed with none efforts. Because of the hectic work schedules, people round the globe are buying Ready-to-Eat food products and meals, which are easy to cook and fewer time consuming. These consumer food preferences are propelling the demand for ready meals.
Precooked or ready meals are highly convenient and that they help save time and energy required for meal preparation. This has led to an increased demand for ready meals, especially among the working population and students across the world. Ready meals are an economical alternative as they are precooked. Moreover, easy availability of ready meals throughout the year will have a positive impact on their demand. Additionally, print and media advertisement has played a key role in creating awareness about ready meals; thereby, augmenting the general market growth.
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Increase in demand for prepared & convenience food
Rise within the per capita income is another factor driving internet sales of ready meals in most parts across the globe. However, increasing safety concerns related to ready meals might affect market growth. The rise in income is due to the growth within the economy, especially the emerging countries has led to a rise in demand for prepared & convenience foods. With the rising demand for convenience and ready-to-eat food, customers also are concerned about the nutritional and health benefits of such food items before consumption. this is often achieved by automating or integrating the general processes, which help maintain food quality and nutritional value.
The demand for prepared food equipment is predicted to extend within the Asia Pacific region thanks to the growing retail industry and increased working professionals. The shift to automated equipment and therefore the application of automation in ready-to-eat food and on-the-go food products, with an increasing population, drives the demand for prepared food equipment. The growing innovations in prepared food equipment also are expected to drive the Asia-Pacific region's market
Increase in demand of healthier & organic food products
The rise within the aging population in developed countries has led to a rise in health concerns. there's a high preference for fresh and minimally processed food products without synthetic chemical preservatives. This adversely affects the demand for prepared food equipment as prepared foods are processed with preservatives and other flavoring agents to extend the time period and enhance palatability.
The snacks & savory products segment is projected to dominate the prepared food equipment market during the forecast period. Every household consumes snacks & savory products because it is definitely available and attractive for consumption. With the growing concerns for healthy food options, sorts of snacks are made available, gluten-free, lactose-free, and rich in nutrients.
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