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| A02304 | Pages: 195 | Aug 2017 | 25566 Views | | |
| Author(s) : Akhila Prasannan | Tables: 108 | Charts: 33 |
| |
Pandemic disrupted the entire world and affected many industries.
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Request Now !Global Ready Meals Market was valued at $72,257 million in 2016, and is expected to reach $146,247 million by 2023, registering a CAGR of 10.6% from 2017 to 2023. Ready meals are considered as a cost-effective alternative meal and their preparation requires less time, as they are precooked. These meals are available throughout the year and are safe to consume. Though processed food cause loss of nutrition, various methods utilized to prepare ready meals ensure that the loss of nutrients is minimal in most cases.
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The growth of the ready meals market is driven by increase in convenience offered in terms of time saving and little efforts required for the preparation of these meals. Moreover, preference for these meals by the working population and students has increased, owing to the fact that it requires only heating before consumption, which reduces the overall effort. In addition, these meals serve as low-cost alternatives to junk food, which is anticipated to boost their demand in the near future. However, increase in health awareness and negative perceptions pertaining to health effects of these products among the consumers restrain the market growth.
Segment Review
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The report segments the global ready meals market based on type, distribution channel, and geography. On the basis of type, the market is divided into canned/preserved ready meals, chilled pizza, chilled ready meals, dried ready meals, frozen pizza, frozen ready meals, and prepared salads. By distribution channel, it is classified into store-based retailing and online retailing. The store-based retailing segment is broadly classified into supermarkets/hypermarkets, discounters, convenience stores, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Top Investment Pockets
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In 2016, frozen pizza and prepared salads segments accounted for one-third share of the global ready meals market
The frozen pizza segment is the top investment pocket, as they are considered as most popular junk food. In addition, improvements in nutritional value of frozen pizza, interesting ingredient profiles, and ease with which it can be cooked fuel its demand among young population. Leading frozen pizza brands include DiGiorno (Kraft), Ristorante (Oetker-Gruppe), Tombstone (Kraft), Red Baron (Schwan's Food Co), McCain (McCain Foods), Freschetta (Schwan's Food Co), Tony's (Schwans Food Co), Dr. Oetker (Oetker-Gruppe), and Totino's (General Mills).
Asia-pacific Ready Meals Market
The consumption of ready meals in Asia-Pacific is expected to rise, owing to growth in population, development in the food & beverage industry, and stable economic growth. Ready meals are widely accepted by the Australian customers, as they are relatively cheaper and convenient option than junk food. Changes in standard of living, increase in number of working women, and rise in number of single-person households are primary factors that drive the growth of the ready meals market in Japan.
Asia-pacific Ready Meals Market For Prepared Salads, 2016-2023 ($Million)
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The prominent players have adopted product launch as their key strategy to gain significant share in the market. The key players profiled in the report include Bakkavor Foods Ltd., ConAgra, Greencore Group Plc., JH Heinz Company Ltd., Nestle SA, Fleury Michon, Unilever Group, Northern Food Ltd., Kerry Foods Ltd., and Premier Foods Group Ltd.
Other players not profiled in the report include Oetker-Gruppe, Frosta AG, Campbell Soup Co, Bofrost Dienstleistungs GmbH & Co KG, Iglo Bird's Eye Frozen Foods, Freiberger Lebensmittel GmbH & Co KG, Hilcona AG, Gartenfrisch Jung GmbH, Bonduelle Groupe SA, and General Mills Inc.
Key Benefits
CHAPTER 1. INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model
CHAPTER 2. EXECUTIVE SUMMARY
2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES
CHAPTER 3. MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top Investment Pockets
3.2.2. Top winning strategies
3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Growing demand for packaged food
3.4.1.2. Ready meals serve as low-cost alternatives to meals
3.4.1.3. Changing lifestyle and consumer preferences
3.4.1.4. Rise in disposable income
3.4.2. Restraints
3.4.2.1. Increase in health awareness
3.4.2.2. Negative perception pertaining to health effects
3.4.3. Opportunities
3.4.3.1. Tap the untapped market with healthier recipes and products
3.4.3.2. Collaborations with foodservice chains
CHAPTER 4. GLOBAL READY MEALS MARKET, BY TYPE
4.1. INTRODUCTION
4.1.1. Market Size and Forecast
4.2. CANNED/ PRESERVED READY MEALS
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast
4.3. CHILLED PIZZA
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast
4.4. CHILLED READY MEALS
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast
4.5. DRIED READY MEALS
4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast
4.6. FROZEN PIZZA
4.6.1. Key Market Trends, Growth Factors and Opportunities
4.6.2. Market Size and Forecast
4.7. FROZEN READY MEALS
4.7.1. Key Market Trends, Growth Factors and Opportunities
4.7.2. Market Size and Forecast
4.8. PREPARED SALADS
4.8.1. Key Market Trends, Growth Factors and Opportunities
4.8.2. Market Size and Forecast
CHAPTER 5. GLOBAL READY MEALS MARKET, BY DISTRIBUTION CHANNEL
5.1. INTRODUCTION
5.1.1. Market Size and Forecast
5.2. STORE-BASED RETAILING
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast
5.2.3. Supermarkets/ Hypermarkets
5.2.4. Discounters
5.2.5. Convenience Stores
5.2.6. Others
5.3. ONLINE RETAILING
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast
CHAPTER 6. GLOBAL READY MEALS MARKET, BY GEOGRAPHY
6.1. INTRODUCTION
6.1.1. Market Size and Forecast
6.2. NORTH AMERICA
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast
6.2.3. U.S.
6.2.3.1. Market size and forecast, by type
6.2.4. Canada
6.2.4.1. Market size and forecast, by type
6.2.5. Mexico
6.2.5.1. Market size and forecast, by type
6.3. EUROPE
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast
6.3.3. France
6.3.3.1. Market size and forecast, by type
6.3.4. Germany
6.3.4.1. Market size and forecast, by type
6.3.5. UK
6.3.5.1. Market size and forecast, by type
6.3.6. Spain
6.3.6.1. Market size and forecast, by type
6.3.7. Italy
6.3.7.1. Market size and forecast, by type
6.3.8. Rest of Europe
6.3.8.1. Market size and forecast, by type
6.4. ASIA-PACIFIC
6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast
6.4.3. India
6.4.3.1. Market size and forecast, by type
6.4.4. China
6.4.4.1. Market size and forecast, by type
6.4.5. Japan
6.4.5.1. Market size and forecast, by type
6.4.6. Korea
6.4.6.1. Market size and forecast, by type
6.4.7. Australia
6.4.7.1. Market size and forecast, by type
6.4.8. Rest of Asia-Pacific
6.4.8.1. Market size and forecast, by type
6.5. LAMEA
6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Size and Forecast
6.5.3. Brazil
6.5.3.1. Market size and forecast, by type
6.5.4. KSA
6.5.4.1. Market size and forecast, by type
6.5.5. South Africa
6.5.5.1. Market size and forecast, by type
6.5.6. Rest of LAMEA
6.5.6.1. Market size and forecast, by type
CHAPTER 7. COMPANY PROFILES
7.1. BAKKAVOR FOODS LTD
7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Business Performance
7.1.5. Key Strategic Moves and Developments
7.2. CONAGRA
7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Business Performance
7.2.5. Key Strategic Moves and Developments
7.3. GREENCORE GROUP PLC
7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Business Performance
7.3.5. Key Strategic Moves and Developments
7.4. JH HEINZ COMPANY LTD.
7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Business Performance
7.4.5. Key Strategic Moves and Developments
7.5. NESTLE SA
7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Operating Business Segments
7.5.4. Business Performance
7.5.5. Key Strategic Moves and Developments
7.6. FLEURY MICHON
7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Business Performance
7.6.5. Key Strategic Moves and Developments
7.7. UNILEVER GROUP
7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Operating Business Segments
7.7.4. Business Performance
7.7.5. Key Strategic Moves and Developments
7.8. NORTHERN FOOD LTD
7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Business Performance
7.8.5. Key Strategic Moves and Developments
7.9. KERRY FOODS LTD
7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Operating Business Segments
7.9.4. Business Performance
7.9.5. Key Strategic Moves and Developments
7.10. PREMIER FOODS GROUP LTD
7.10.1. Company Overview
7.10.2. Company Snapshot
7.10.3. Operating Business Segments
7.10.4. Business Performance
7.10.5. Key Strategic Moves and Developments
LIST OF TABLES
TABLE 1. GLOBAL READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 2. GLOBAL READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 3. GLOBAL READY MEALS MARKET VOLUME FOR CANNED/ PRESERVED READY MEALS BY REGION, 2015-2023 (KILOTON)
TABLE 4. GLOBAL READY MEALS MARKET VALUE FOR CANNED/ PRESERVED READY MEALS BY REGION, 2015-2023 ($MILLION)
TABLE 5. GLOBAL READY MEALS MARKET VOLUME FOR CHILLED PIZZA BY REGION, 2015-2023 (KILOTON)
TABLE 6. GLOBAL READY MEALS MARKET VALUE FOR CHILLED PIZZA BY REGION, 2015-2023 ($MILLION)
TABLE 7. GLOBAL READY MEALS MARKET VOLUME FOR CHILLED READY MEALS BY REGION, 2015-2023 (KILOTON)
TABLE 8. GLOBAL READY MEALS MARKET VALUE FOR CHILLED READY MEALS BY REGION, 2015-2023 ($MILLION)
TABLE 9. GLOBAL READY MEALS MARKET VOLUME FOR DRIED READY MEALS BY REGION, 2015-2023 (KILOTON)
TABLE 10. GLOBAL READY MEALS MARKET VALUE FOR DRIED READY MEALS BY REGION, 2015-2023 ($MILLION)
TABLE 11. GLOBAL READY MEALS MARKET VOLUME FOR FROZEN PIZZA BY REGION, 2015-2023 (KILOTON)
TABLE 12. GLOBAL READY MEALS MARKET VALUE FOR FROZEN PIZZA BY REGION, 2015-2023 ($MILLION)
TABLE 13. GLOBAL READY MEALS MARKET VOLUME FOR FROZEN READY MEALS BY REGION, 2015-2023 (KILOTON)
TABLE 14. GLOBAL READY MEALS MARKET VALUE FOR FROZEN READY MEALS BY REGION, 2015-2023 ($MILLION)
TABLE 15. GLOBAL READY MEALS MARKET VOLUME FOR PREPARED SALADS BY REGION, 2015-2023 (KILOTON)
TABLE 16. GLOBAL READY MEALS MARKET VALUE FOR PREPARED SALADS BY REGION, 2015-2023 ($MILLION)
TABLE 17. GLOBAL READY MEALS MARKET VOLUME BY DISTRIBUTION CHANNEL, 2015-2023 (KILOTON)
TABLE 18. GLOBAL READY MEALS MARKET VALUE BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 19. GLOBAL READY MEALS MARKET VOLUME BY STORE-BASED RETAILING BY REGION, 2015-2023 (KILOTON)
TABLE 20. GLOBAL READY MEALS MARKET VALUE BY STORE-BASED RETAILING BY REGION, 2015-2023 ($MILLION)
TABLE 21. GLOBAL READY MEALS MARKET VOLUME BY STORE-BASED RETAILING, 2015-2023 (KILOTON)
TABLE 22. GLOBAL READY MEALS MARKET VALUE BY STORE-BASED RETAILING, 2015-2023 ($MILLION)
TABLE 23. GLOBAL READY MEALS MARKET VOLUME BY ONLINE RETAILING BY REGION, 2015-2023 (KILOTON)
TABLE 24. GLOBAL READY MEALS MARKET VALUE BY ONLINE RETAILING BY REGION, 2015-2023 ($MILLION)
TABLE 25. GLOBAL READY MEALS MARKET VOLUME BY REGION, 2015-2023 (KILOTON)
TABLE 26. GLOBAL READY MEALS MARKET VALUE BY REGION, 2015-2023 ($MILLION)
TABLE 27. NORTH AMERICA READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 28. NORTH AMERICA READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 29. NORTH AMERICA READY MEALS MARKET VOLUME BY DISTRIBUTION CHANNEL, 2015-2023 (KILOTON)
TABLE 30. NORTH AMERICA READY MEALS MARKET VALUE BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 31. NORTH AMERICA READY MEALS MARKET VOLUME BY STORE-BASED RETAILING, 2015-2023 (KILOTON)
TABLE 32. NORTH AMERICA READY MEALS MARKET VALUE BY STORE-BASED RETAILING, 2015-2023 ($MILLION)
TABLE 33. U.S. READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 34. U.S. READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 35. CANADA READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 36. CANADA READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 37. MEXICO READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 38. MEXICO READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 39. EUROPE READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 40. EUROPE READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 41. EUROPE READY MEALS MARKET VOLUME BY DISTRIBUTION CHANNEL, 2015-2023 (KILOTON)
TABLE 42. EUROPE READY MEALS MARKET VALUE BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 43. EUROPE READY MEALS MARKET VOLUME BY STORE-BASED RETAILING, 2015-2023 (KILOTON)
TABLE 44. EUROPE READY MEALS MARKET VALUE BY STORE-BASED RETAILING, 2015-2023 ($MILLION)
TABLE 45. FRANCE READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 46. FRANCE READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 47. GERMANY READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 48. GERMANY READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 49. U.K. READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 50. U.K. READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 51. SPAIN READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 52. SPAIN READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 53. ITALY READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 54. ITALY READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 55. REST OF EUROPE READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 56. REST OF EUROPE READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 57. ASIA-PACIFIC READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 58. ASIA-PACIFIC READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 59. ASIA-PACIFIC READY MEALS MARKET VOLUME BY DISTRIBUTION CHANNEL, 2015-2023 (KILOTON)
TABLE 60. ASIA-PACIFIC READY MEALS MARKET VALUE BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 61. ASIA-PACIFIC READY MEALS MARKET VOLUME BY STORE-BASED RETAILING, 2015-2023 (KILOTON)
TABLE 62. ASIA-PACIFIC READY MEALS MARKET VALUE BY STORE-BASED RETAILING, 2015-2023 ($MILLION)
TABLE 63. INDIA READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 64. INDIA READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 65. CHINA READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 66. CHINA READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 67. JAPAN READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 68. JAPAN READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 69. KOREA READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 70. KOREA READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 71. AUSTRALIA READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 72. AUSTRALIA READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 73. REST OF ASIA-PACIFIC READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 74. REST OF ASIA-PACIFIC READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 75. LAMEA READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 76. LAMEA READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 77. LAMEA READY MEALS MARKET VOLUME BY DISTRIBUTION CHANNEL, 2015-2023 (KILOTON)
TABLE 78. LAMEA READY MEALS MARKET VALUE BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 79. LAMEA READY MEALS MARKET VOLUME BY STORE-BASED RETAILING, 2015-2023 (KILOTON)
TABLE 80. LAMEA READY MEALS MARKET VALUE BY STORE-BASED RETAILING, 2015-2023 ($MILLION)
TABLE 81. BRAZIL READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 82. BRAZIL READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 83. KSA READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 84. KSA READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 85. SOUTH AFRICA READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 86. SOUTH AFRICA READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 87. REST OF LAMEA READY MEALS MARKET VOLUME BY TYPE, 2015-2023 (KILOTON)
TABLE 88. REST OF LAMEA READY MEALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 89. BAKKAVOR FOODS LTD: COMPANY SNAPSHOT
TABLE 90. BAKKAVOR FOODS LTD: OPERATING SEGMENTS
TABLE 91. CONAGRA: COMPANY SNAPSHOT
TABLE 92. CONAGRA: OPERATING SEGMENTS
TABLE 93. GREENCORE GROUP PLC: COMPANY SNAPSHOT
TABLE 94. GREENCORE GROUP PLC: OPERATING SEGMENTS
TABLE 95. JH HEINZ COMPANY LTD: COMPANY SNAPSHOT
TABLE 96. JH HEINZ COMPANY LTD: OPERATING SEGMENTS
TABLE 97. NESTLE SA: COMPANY SNAPSHOT
TABLE 98. NESTLE SA: OPERATING SEGMENTS
TABLE 99. FLEURY MICHON: COMPANY SNAPSHOT
TABLE 100. FLEURY MICHON: OPERATING SEGMENTS
TABLE 101. UNILEVER GROUP: COMPANY SNAPSHOT
TABLE 102. UNILEVER GROUP: OPERATING SEGMENTS
TABLE 103. NORTHERN FOOD LTD: COMPANY SNAPSHOT
TABLE 104. NORTHERN FOOD LTD: OPERATING SEGMENTS
TABLE 105. KERRY FOODS LTD: COMPANY SNAPSHOT
TABLE 106. KERRY FOODS LTD: OPERATING SEGMENTS
TABLE 107. PREMIER FOODS GROUP LTD: COMPANY SNAPSHOT
TABLE 108. PREMIER FOODS GROUP LTD: OPERATING SEGMENTS
LIST OF FIGURES
FIGURE 1. GLOBAL READY MEALS MARKET, 2016-2023
FIGURE 2. GLOBAL READY MEALS MARKET BY REGION, 2016-2023
FIGURE 3. GLOBAL READY MEALS MARKET: SEGMENTATION
FIGURE 4. TOP INVESTMENT POCKETS IN READY MEALS MARKET, 2016-2023
FIGURE 5. TOP WINNING STRATEGIES
FIGURE 6. BARGAINING POWER OF SUPPLIERS
FIGURE 7. BARGAINING POWER OF BUYERS
FIGURE 8. THREAT OF NEW ENTRANTS
FIGURE 9. THREAT OF SUBSTITUTES
FIGURE 10. COMPETITIVE RIVALRY
FIGURE 11. DRIVERS AND RESTRAINTS: GLOBAL READY MEALS MARKET
FIGURE 12. GLOBAL READY MEALS MARKET SHARE, BY TYPE
FIGURE 13. GLOBAL READY MEALS MARKET SHARE, BY PAYLOAD
FIGURE 14. GLOBAL READY MEALS MARKET SHARE, BY APPLICATION
FIGURE 15. U.S. READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 16. CANADA READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 17. MEXICO READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 18. GERMANY READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 19. FRANCE READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 20. UK READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 21. SPAIN READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 22. ITALY READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 23. REST OF EUROPE READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 24. INDIA READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 25. CHINA READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 26. JAPAN READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 27. KOREA READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 28. AUSTRALIA READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 29. REST OF ASIA-PACIFIC READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 30. BRAZIL READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 31. KSA READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 32. SOUTH AFRICA READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 33. REST OF LAMEA READY MEALS MARKET VALUE, 2015-2023 ($MILLION)
Ready meals market has witnessed significant growth, owing to change in lifestyles & food habits, variations in demographics, upsurge in organized retail, rise in disposable income, and increase in urbanization. Consumers are inclined towards packaged food due to concern about food safety and ease of handling. Surge in demand for convenience food, ongoing impact of high inflation, and premiumization of products have been pivotal to boost sales in ready meals market. Intense competition in ready-meals market demands frequent product launches and high degree of product innovation from brand manufacturers to offset the intense competition.
Europe is anticipated to account for significant share in the global ready meals market. Hectic lifestyle in Germany has fueled the demand for convenient solutions in all life areas, including dietary habits of Germans, which in turn is anticipated to boost the ready meals market in the near future. Manufacturers focus on increased usage of grains and vegetables in their product formulations to cater to the rising demands of Italian consumers of higher nutrition value.
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