The article cited AMA's Global Ready-to-Eat Market Study explored substantial growth with CAGR of 7.3%. According the report, Technological innovations in freezing & packaging of ready to eat snacks is one of the primary growth factors for the market. Busy lifestyle of consumers
is also expected to contribute significantly to the Ready-to-Eat market. Overall, applications of Ready-to-Eat, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Nomad Foods Ltd. (United Kingdom), Bakkavor Group plc (United Kingdom), General Mills Inc. (United States), McCain Foods Limited (Canada), Premier Foods Group Ltd. (United Kingdom), 2 Sisters Food Group (United Kingdom) and Greencore Group plc (Republic of Ireland) may see astonishing sales in this Market and certainly improve revenue growth.
The Distribution Channel, such as Hypermarket/Supermarket, is boosting the Ready-to-Eat market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Packaging, such as Canned, is boosting the Ready-to-Eat market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Ready-to-Eat market identified that the demand is rising in many different parts of the world as "Growing disposable income and changing lifestyle in developing nations". Furthermore, some recent industry insights like "In September 2023, Nestlé is exploring opportunities to provide consumers with more diverse food choices that incorporate different types of ancient grains such as millet and sorghum. In India, the company recently launched a range of a+ Masala millet-based porridges that are tasty and nutritious." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Ready-to-Eat market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Ready-to-Eat market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Ready-to-Eat market tight? Which application/end-user category or Product Type [Meat/Poultry Products, Cereal Based Products, Vegetable Based Products and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Ready-to-Eat market and other related sub-markets covered in the study.
o Key & emerging players in the Ready-to-Eat market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Ready-to-Eat market size is calculated using market estimation process, the Ready-to-Eat market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Ready-to-Eat market size has been validated using both top-down and bottom-up approaches.