Ready Meals Market by Type (Canned/Preserved Ready Meals, Chilled Pizza, Chilled Ready Meals, Dried Ready Meals, Frozen Pizza, Frozen Ready Meals, and Prepared Salads), End User (Residential and Food Services), and Distribution Channel (Store-based Retail

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,125	200 Pages	Allied Market Research	February, 2022	ALMR17117417

Best Price Guarantee
Price	from $4,125
Length	200 Pages
Publisher	Allied Market Research
Published Date	February, 2022
SKU	ALMR17117417

Ready Meals Market by Type (Canned/Preserved Ready Meals, Chilled Pizza, Chilled Ready Meals, Dried Ready Meals, Frozen Pizza, Frozen Ready Meals, and Prepared Salads), End User (Residential and Food Services), and Distribution Channel (Store-based Retailing (Supermarkets/Hypermarkets Discounters, Convenience Stores, and Others) and Online Retailing): Global Opportunity Analysis and Industry Forecast 2022-2031

The global ready meals market was valued at $138.1 billion in 2021, and is expected to reach $408.0 billion by 2031, registering a CAGR of 11.9% during the forecast period. Ready meals are defined as precooked meals that are prepared with minimum efforts. The ready meal market is characterized by the presence of large players with frequent innovations and product launch as their major strategy.

Increase in demand for packaged food predominantly drives the growth of the global ready meal market. Globally, the demand for packaged food is anticipated to increase at a moderate rate due to change in lifestyle and consumer preferences for ready-to-eat food products. In addition, rise in disposable income of people is expected to boost the demand for ready meals during the forecast period.

One of the major drawback of ready meals is that it does not taste similar or as good as the freshly cooked product does which let the consumer to choose the freshly cooked or baked meals instead of the frozen or ready meal. The product differentiation of ready meals is also limited in comparison to the general products available in the market. Another downside of refrigerated or frozen products is that they often comprise of unhealthy preservatives to have an even longer duration, which may affect the consumer’s health. Moreover, a complete cooling chain is essential for storing and consuming frozen food in a safe manner. However, in few cases, the cooling chain is expected to break due to power cut or other issues, which leads to the development of plenty of bacteria, specifically into food products that require high temperature control. This is further expected to turn the product unhealthy to consume and may lead to serious health problems.

Expansion of sales channel is the major factor that is expected to contribute to the growth of the ready meals market in the near future. Online retail platform is the fasted growing segment. Presently, many retail players are managing their own web-based retail stores where customers can learn more about the organization and its products. The availability of multiple options of product and their price comparison on online platforms also results in the increase in the number of online shopping consumers. This is beneficial to key players as it eliminates the need for any physical outlets or stores and also helps customers to read reviews provided by other users, and compare various stores, products, and the price by different sellers for the particular ready meals purchased. Furthermore, as per the data of World Bank, the North American region was the market leader with approximately 88.4% of the population are internet users, followed by Europe and Central Asia, accounting for around 83.9% of the population as internet users in 2019.

Some of the popular online retailers in the ready meals market are Amazon.com and Flipkart.com. Furthermore, other than sales channel, the product availability rises in convenient stores and local shops in small regions, which augments the market growth.

The ready meals market is segmented on the basis of type, end user distribution channel, and region. 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. On the basis of end user, the market is divided into residential and food services. On the basis of 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. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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 FOR STAKEHOLDERS

This report provides an extensive analysis of the current trends and emerging estimations in the global ready meals market.
In-depth analysis of the industry is conducted through market estimations of key segments from 2022 to 2031.
Comprehensive analysis of factors that drive and restrain the growth of the market is provided in the report.
Extensive analysis of the industry is conducted by following key product positioning and monitoring the top competitors within the market framework.
The key players are profiled along with their strategies to determine the competitive outlook of the market.

Ready Meals Market Key Segments:

By Type

Canned/Preserved Ready Meals
Chilled Pizza
Chilled Ready Meals
Dried Ready Meals
Frozen Pizza
Frozen Ready Meals
Prepared Salads
End User
Residential
Food Services

By Distribution Channel

Store-based Retailing
Supermarkets/Hypermarkets
Discounters
Convenience Stores
Others
Online Retailing

By Region

North America
U.S.
Canada
Mexico
Europe
France
Germany
UK
Spain
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
UAE
KSA
Saudi Arabia
South Africa
Rest of LAMEA

CHAPTER 1: INTRODUCTION: 1.1.Report Description; 1.2.Key Market Segments; 1.3.Key Benefits; 1.4.Research Methodology; 1.4.1.Primary Research; 1.4.2.Secondary Research; 1.4.3.Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY: 2.1.CXO Perspective
CHAPTER 3: MARKET LANDSCAPE: 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; 3.3.1.Bargaining Power of Suppliers; 3.3.2.Threat of New Entrants; 3.3.3.Threat of Substitutes; 3.3.4.Competitive Rivalry; 3.3.5.Bargaining Power among Buyers; 3.4.Market Share Analysis/Top Player Positioning; 3.4.1.Market Share Analysis/Top Player Positioning 2020; 3.5.Market Dynamics; 3.5.1.Drivers; 3.5.2.Restraints; 3.5.3.Opportunities; 3.6.COVID-19 Impact Analysis; 3.8.Value Chain Analysis; 3.9.List of Value Chain Players
CHAPTER 4: READY MEALS MARKET, BY TYPE: 4.1.Market Overview; 4.1.1Market Size and Forecast, By Type; 4.2.Canned Preserved Ready Meals; 4.2.1.Key Market Trends, Growth Factors and Opportunities; 4.2.2.Market Size and Forecast, By Country; 4.3.Chilled Pizza; 4.3.1.Key Market Trends, Growth Factors and Opportunities; 4.3.2.Market Size and Forecast, By Country; 4.4.Chilled Ready Meals; 4.4.1.Key Market Trends, Growth Factors and Opportunities; 4.4.2.Market Size and Forecast, By Country; 4.5.Dried Ready Meals; 4.5.1.Key Market Trends, Growth Factors and Opportunities; 4.5.2.Market Size and Forecast, By Country; 4.6.Frozen Pizza; 4.6.1.Key Market Trends, Growth Factors and Opportunities; 4.6.2.Market Size and Forecast, By Country; 4.7.Frozen Ready Meals; 4.7.1.Key Market Trends, Growth Factors and Opportunities; 4.7.2.Market Size and Forecast, By Country; 4.8.Prepared Salads; 4.8.1.Key Market Trends, Growth Factors and Opportunities; 4.8.2.Market Size and Forecast, By Country
CHAPTER 5: READY MEALS MARKET, BY END USER: 5.1.Market Overview; 5.1.1Market Size and Forecast, By End User; 5.2.Food Services; 5.2.1.Key Market Trends, Growth Factors and Opportunities; 5.2.2.Market Size and Forecast, By Country; 5.3.Residential; 5.3.1.Key Market Trends, Growth Factors and Opportunities; 5.3.2.Market Size and Forecast, By Country
CHAPTER 6: READY MEALS MARKET, BY DISTRIBUTION CHANNEL: 6.1.Market Overview; 6.1.1Market Size and Forecast, By Distribution Channel; 6.2.Store Based Retailing; 6.2.1.Key Market Trends, Growth Factors and Opportunities; 6.2.2.Market Size and Forecast, By Country; 6.3.Online Retailing; 6.3.1.Key Market Trends, Growth Factors and Opportunities; 6.3.2.Market Size and Forecast, By Country
CHAPTER 7: COMPANY PROFILES: 7.1.Palman Foods; 7.1.1.Company Overview; 7.1.2.Key Executives; 7.1.3.Company snapshot; 7.1.4.Operating business segments; 7.1.5.Product portfolio; 7.1.6.Business Performance; 7.1.7.Key Strategic Moves and Developments; 7.2.Millennium Foods; 7.2.1.Company Overview; 7.2.2.Key Executives; 7.2.3.Company snapshot; 7.2.4.Operating business segments; 7.2.5.Product portfolio; 7.2.6.Business Performance; 7.2.7.Key Strategic Moves and Developments; 7.3.Gourmet Foods; 7.3.1.Company Overview; 7.3.2.Key Executives; 7.3.3.Company snapshot; 7.3.4.Operating business segments; 7.3.5.Product portfolio; 7.3.6.Business Performance; 7.3.7.Key Strategic Moves and Developments; 7.4.Fridge Foods Group; 7.4.1.Company Overview; 7.4.2.Key Executives; 7.4.3.Company snapshot; 7.4.4.Operating business segments; 7.4.5.Product portfolio; 7.4.6.Business Performance; 7.4.7.Key Strategic Moves and Developments; 7.5.McCain Foods Limited; 7.5.1.Company Overview; 7.5.2.Key Executives; 7.5.3.Company snapshot; 7.5.4.Operating business segments; 7.5.5.Product portfolio; 7.5.6.Business Performance; 7.5.7.Key Strategic Moves and Developments; 7.6.General Mills; 7.6.1.Company Overview; 7.6.2.Key Executives; 7.6.3.Company snapshot; 7.6.4.Operating business segments; 7.6.5.Product portfolio; 7.6.6.Business Performance; 7.6.7.Key Strategic Moves and Developments; 7.7.Dr. Oetker; 7.7.1.Company Overview; 7.7.2.Key Executives; 7.7.3.Company snapshot; 7.7.4.Operating business segments; 7.7.5.Product portfolio; 7.7.6.Business Performance; 7.7.7.Key Strategic Moves and Developments; 7.8.Fleury Michon SA; 7.8.1.Company Overview; 7.8.2.Key Executives; 7.8.3.Company snapshot; 7.8.4.Operating business segments; 7.8.5.Product portfolio; 7.8.6.Business Performance; 7.8.7.Key Strategic Moves and Developments; 7.9.Premier Foods Group Ltd; 7.9.1.Company Overview; 7.9.2.Key Executives; 7.9.3.Company snapshot; 7.9.4.Operating business segments; 7.9.5.Product portfolio; 7.9.6.Business Performance; 7.9.7.Key Strategic Moves and Developments; 7.10.Nestle; 7.10.1.Company Overview; 7.10.2.Key Executives; 7.10.3.Company snapshot; 7.10.4.Operating business segments; 7.10.5.Product portfolio; 7.10.6.Business Performance; 7.10.7.Key Strategic Moves and Developments
LIST OF TABLES: TABLE 1. READY MEALS MARKET, BY TYPE, 2021-2031 ($MILLION); TABLE 2. READY MEALS MARKET, BY END USER, 2021-2031 ($MILLION); TABLE 3. READY MEALS MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION); TABLE 4.PALMAN FOODS: COMPANY SNAPSHOT; TABLE 5.PALMAN FOODS: OPERATING SEGMENTS; TABLE 6.PALMAN FOODS: PRODUCT PORTFOLIO; TABLE 7.PALMAN FOODS: KEY STRATEGIC MOVES AND DEVELOPMENTS; TABLE 8.MILLENNIUM FOODS: COMPANY SNAPSHOT; TABLE 9.MILLENNIUM FOODS: OPERATING SEGMENTS; TABLE 10.MILLENNIUM FOODS: PRODUCT PORTFOLIO; TABLE 11.MILLENNIUM FOODS: KEY STRATEGIC MOVES AND DEVELOPMENTS; TABLE 12.GOURMET FOODS: COMPANY SNAPSHOT; TABLE 13.GOURMET FOODS: OPERATING SEGMENTS; TABLE 14.GOURMET FOODS: PRODUCT PORTFOLIO; TABLE 15.GOURMET FOODS: KEY STRATEGIC MOVES AND DEVELOPMENTS; TABLE 16.FRIDGE FOODS GROUP: COMPANY SNAPSHOT; TABLE 17.FRIDGE FOODS GROUP: OPERATING SEGMENTS; TABLE 18.FRIDGE FOODS GROUP: PRODUCT PORTFOLIO; TABLE 19.FRIDGE FOODS GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS; TABLE 20.MCCAIN FOODS LIMITED: COMPANY SNAPSHOT; TABLE 21.MCCAIN FOODS LIMITED: OPERATING SEGMENTS; TABLE 22.MCCAIN FOODS LIMITED: PRODUCT PORTFOLIO; TABLE 23.MCCAIN FOODS LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS; TABLE 24.GENERAL MILLS: COMPANY SNAPSHOT; TABLE 25.GENERAL MILLS: OPERATING SEGMENTS; TABLE 26.GENERAL MILLS: PRODUCT PORTFOLIO; TABLE 27.GENERAL MILLS: KEY STRATEGIC MOVES AND DEVELOPMENTS; TABLE 28.DR. OETKER: COMPANY SNAPSHOT; TABLE 29.DR. OETKER: OPERATING SEGMENTS; TABLE 30.DR. OETKER: PRODUCT PORTFOLIO; TABLE 31.DR. OETKER: KEY STRATEGIC MOVES AND DEVELOPMENTS; TABLE 32.FLEURY MICHON SA: COMPANY SNAPSHOT; TABLE 33.FLEURY MICHON SA: OPERATING SEGMENTS; TABLE 34.FLEURY MICHON SA: PRODUCT PORTFOLIO; TABLE 35.FLEURY MICHON SA: KEY STRATEGIC MOVES AND DEVELOPMENTS; TABLE 36.PREMIER FOODS GROUP LTD: COMPANY SNAPSHOT; TABLE 37.PREMIER FOODS GROUP LTD: OPERATING SEGMENTS; TABLE 38.PREMIER FOODS GROUP LTD: PRODUCT PORTFOLIO; TABLE 39.PREMIER FOODS GROUP LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS; TABLE 40.NESTLE: COMPANY SNAPSHOT; TABLE 41.NESTLE: OPERATING SEGMENTS; TABLE 42.NESTLE: PRODUCT PORTFOLIO; TABLE 43.NESTLE: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES: FIGURE 1. READY MEALS MARKET; FIGURE 2.SEGMENTATION OF READY MEALS MARKET; FIGURE 3.TOP INVESTMENT POCKET IN READY MEALS MARKET; FIGURE 4.TOP WINNING STRATEGIES, BY YEAR, 2019-2021*; FIGURE 5.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019-2021*; FIGURE 6.TOP WINNING STRATEGIES, BY COMPANY, 2019-2021*; FIGURE 7.MODERATE BARGAINING POWER OF BUYERS; FIGURE 8.MODERATE BARGAINING POWER OF SUPPLIERS; FIGURE 9.MODERATE THREAT OF NEW ENTRANTS; FIGURE 10.LOW THREAT OF SUBSTITUTION; FIGURE 11.HIGH COMPETITIVE RIVALRY; FIGURE 12.RESTRAINTS AND DRIVERS: READY MEALS MARKET; FIGURE 13.READY MEALS MARKET SEGMENTATION, BY TYPE; FIGURE 14.READY MEALS MARKET FOR CANNED PRESERVED READY MEALS, BY COUNTRY, 2021-2031 ($MILLION); FIGURE 15.READY MEALS MARKET FOR CHILLED PIZZA, BY COUNTRY, 2021-2031 ($MILLION); FIGURE 16.READY MEALS MARKET FOR CHILLED READY MEALS, BY COUNTRY, 2021-2031 ($MILLION); FIGURE 17.READY MEALS MARKET FOR DRIED READY MEALS, BY COUNTRY, 2021-2031 ($MILLION); FIGURE 18.READY MEALS MARKET FOR FROZEN PIZZA, BY COUNTRY, 2021-2031 ($MILLION); FIGURE 19.READY MEALS MARKET FOR FROZEN READY MEALS, BY COUNTRY, 2021-2031 ($MILLION); FIGURE 20.READY MEALS MARKET FOR PREPARED SALADS, BY COUNTRY, 2021-2031 ($MILLION); FIGURE 21.READY MEALS MARKET SEGMENTATION, BY END USER; FIGURE 22.READY MEALS MARKET FOR FOOD SERVICES, BY COUNTRY, 2021-2031 ($MILLION); FIGURE 23.READY MEALS MARKET FOR RESIDENTIAL, BY COUNTRY, 2021-2031 ($MILLION); FIGURE 24.READY MEALS MARKET SEGMENTATION, BY DISTRIBUTION CHANNEL; FIGURE 25.READY MEALS MARKET FOR STORE BASED RETAILING, BY COUNTRY, 2021-2031 ($MILLION); FIGURE 26.READY MEALS MARKET FOR ONLINE RETAILING, BY COUNTRY, 2021-2031 ($MILLION); FIGURE 27.PALMAN FOODS: KEY EXECUTIVES; FIGURE 28.PALMAN FOODS: NET SALES, 2018-2020 ($MILLION); FIGURE 29.PALMAN FOODS: REVENUE SHARE, BY SEGMENT, 2020 (%); FIGURE 30.PALMAN FOODS: REVENUE SHARE, BY GEOGRAPHY, 2020 (%); FIGURE 31.MILLENNIUM FOODS: KEY EXECUTIVES; FIGURE 32.MILLENNIUM FOODS: NET SALES, 2018-2020 ($MILLION); FIGURE 33.MILLENNIUM FOODS: REVENUE SHARE, BY SEGMENT, 2020 (%); FIGURE 34.MILLENNIUM FOODS: REVENUE SHARE, BY GEOGRAPHY, 2020 (%); FIGURE 35.GOURMET FOODS: KEY EXECUTIVES; FIGURE 36.GOURMET FOODS: NET SALES, 2018-2020 ($MILLION); FIGURE 37.GOURMET FOODS: REVENUE SHARE, BY SEGMENT, 2020 (%); FIGURE 38.GOURMET FOODS: REVENUE SHARE, BY GEOGRAPHY, 2020 (%); FIGURE 39.FRIDGE FOODS GROUP: KEY EXECUTIVES; FIGURE 40.FRIDGE FOODS GROUP: NET SALES, 2018-2020 ($MILLION); FIGURE 41.FRIDGE FOODS GROUP: REVENUE SHARE, BY SEGMENT, 2020 (%); FIGURE 42.FRIDGE FOODS GROUP: REVENUE SHARE, BY GEOGRAPHY, 2020 (%); FIGURE 43.MCCAIN FOODS LIMITED: KEY EXECUTIVES; FIGURE 44.MCCAIN FOODS LIMITED: NET SALES, 2018-2020 ($MILLION); FIGURE 45.MCCAIN FOODS LIMITED: REVENUE SHARE, BY SEGMENT, 2020 (%); FIGURE 46.MCCAIN FOODS LIMITED: REVENUE SHARE, BY GEOGRAPHY, 2020 (%); FIGURE 47.GENERAL MILLS: KEY EXECUTIVES; FIGURE 48.GENERAL MILLS: NET SALES, 2018-2020 ($MILLION); FIGURE 49.GENERAL MILLS: REVENUE SHARE, BY SEGMENT, 2020 (%); FIGURE 50.GENERAL MILLS: REVENUE SHARE, BY GEOGRAPHY, 2020 (%); FIGURE 51.DR. OETKER: KEY EXECUTIVES; FIGURE 52.DR. OETKER: NET SALES, 2018-2020 ($MILLION); FIGURE 53.DR. OETKER: REVENUE SHARE, BY SEGMENT, 2020 (%); FIGURE 54.DR. OETKER: REVENUE SHARE, BY GEOGRAPHY, 2020 (%); FIGURE 55.FLEURY MICHON SA: KEY EXECUTIVES; FIGURE 56.FLEURY MICHON SA: NET SALES, 2018-2020 ($MILLION); FIGURE 57.FLEURY MICHON SA: REVENUE SHARE, BY SEGMENT, 2020 (%); FIGURE 58.FLEURY MICHON SA: REVENUE SHARE, BY GEOGRAPHY, 2020 (%); FIGURE 59.PREMIER FOODS GROUP LTD: KEY EXECUTIVES; FIGURE 60.PREMIER FOODS GROUP LTD: NET SALES, 2018-2020 ($MILLION); FIGURE 61.PREMIER FOODS GROUP LTD: REVENUE SHARE, BY SEGMENT, 2020 (%); FIGURE 62.PREMIER FOODS GROUP LTD: REVENUE SHARE, BY GEOGRAPHY, 2020 (%); FIGURE 63.NESTLE: KEY EXECUTIVES; FIGURE 64.NESTLE: NET SALES, 2018-2020 ($MILLION); FIGURE 65.NESTLE: REVENUE SHARE, BY SEGMENT, 2020 (%); FIGURE 66.NESTLE: REVENUE SHARE, BY GEOGRAPHY, 2020 (%)