Industry Background:
Ready-to-eat food is derived from plant and animal, is washed, cooked, frozen as well as processed for consumption directly after heating. The process saves time & energy of the consumers, so the demand for these type of food is increasing around the globe. It is backed up with the increasing disposable income among people and changing lifestyle. Nowadays, people globally prefer nutritional small quantity of ready to eat food instead of traditional large meals owing to a busy lifestyle. The market of the Ready-to-Eat Food is increasing due to the growing number of working women and the growing number of nuclear families, while the hampering due to the rising consciousness about health among the consumers.
The Global Ready-to-Eat Food market presents a comprehensive analysis of the Ready-to-Eat Food market by product type (Frozen & Chilled Ready Meals, Canned Ready Meals, Dried Ready Meals and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Vendors profiled in the report are 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). Additionally, other players that are part of this comprehensive study are Orkla Group (Norway) and ConAgra Foods Inc.(United States).
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | 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) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Ready-to-Eat Food Market Dynamics:
Attributes | Details |
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Growth Drivers | - Busy Lifestyle Of Consumers
- Increasing Personal Disposable Income
- A Growing Number Of Working Women And Growing Number Of Nuclear Families
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Influencing Trends | - Technological Innovations In Freezing & Packaging Of Ready To Eat Snacks
- Innovative Products In Functional Ingredients, Convenience, And Organic Foods
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Restraints | - Poor Sensory Properties Of Ready-To-Eat Food
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Road Blocks / Challenges | - Rising Health Consciousness Among The Consumers
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Gaps & Opportunities | - Growing Disposable Income And Changing Lifestyle In Developing Nations
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Regional Breakdown and Segment Analysis
This section of our report presents a realistic picture of the Global Ready-to-Eat Food industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in the geographical region of interest.
The Distribution Channel, such as Hypermarkets, is boosting the Ready-to-Eat Food market and is anticipated to experience a steady growth during the forecast period.
The Packaging, such as Canned, is boosting the Ready-to-Eat Food market and is anticipated to experience a steady growth during the forecast period.
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)