Ready to Eat Food Market, By Product Type (Meat/Poultry, Cereal Based, Vegetable Based, Others), By Packaging (Canned, Frozen/Chilled, Retort, Others), By Distribution Channel (Hypermarket/Supermarket, Convenience Stores/Departmental Stores, Specialty Stores, Online Stores), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa (MEA)) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
The Global Ready to Eat Retort Market is accounted for US$ 122,488 Mn in terms of value by the end of 2021. Ready to eat food are ready meal that is convenient to consume as they help in saving time and efforts. Such foods have longer shelf-life and can be classified into canned, frozen, and retort.
Market Dynamics
Consumer interest in ready-to-eat (RTE) snack and ready-to eat food is growing due to their convenience, value, attractive appearance, taste and texture. Moreover, rising per capita income of consumers globally also supports the market growth. Increased employment opportunities have augmented migration of people from tier 1 and tier 2 cities to metropolitans that is further expected to drive the overall RTE food market over the forecast period.
North America is expected dominate the ready to eat food market over the forecast period owing to increased demand for convenience and packed food products. For instance, The reports by Credit Suisse, a leading financial services company suggests that Grocery chains and key food products manufacturers such as Tyson Foods, Inc., J.M. Smucker Co., Hormel Foods Corp., and Kraft Heinz Co. have witnessed 50% increase in the sales of food and beverage in the month of March, 2022.
Key features of the study:
This report provides in-depth analysis of Global Ready to Eat Retort Market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the Global Ready to Eat Retort Market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes Nomad Retorts Ltd., Bakkavor Retorts Ltd., General Mills, McCain Retorts, Premier Retorts Group Ltd., 2 Sisters Retort Group, Greencore Group Plc.,Orkla ASA, ConAgra Retorts Inc., ITC Limited
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, product up-gradation, market expansion, and marketing tactics
The Global Ready to Eat Retort Market report caters to various stakeholders in this industry including investors, suppliers, global fatty acid ester manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the Global Ready to Eat Retort Market
Detailed Segmentation:
Global Ready to Eat Retort Market, By Product Type:
Meat/Poultry
Cereal Based
Vegetable Based
Others
Global Ready to Eat Retort Market, By Packaging:
Canned
Frozen/Chilled
Retort
Others
Global Ready to Eat Retort Market, By Distribution Channel:
Hypermarket/Supermarket
Convenience Stores/Departmental Stores
Specialty Stores
Online Stores
Global Ready to Eat Retort Market, By Region:
North America
By Product Type
Meat/Poultry
Cereal Based
Vegetable Based
Others
By Packaging
Canned
Frozen/Chilled
Retort
Others
By Distribution Channel
Hypermarket/Supermarket
Convenience Stores/Departmental Stores
Specialty Stores
Online Stores
Western Europe
By Product Type
Meat/Poultry
Cereal Based
Vegetable Based
Others
By Packaging
Canned
Frozen/Chilled
Retort
Others
By Distribution Channel
Hypermarket/Supermarket
Convenience Stores/Departmental Stores
Specialty Stores
Online Stores
Eastern Europe
By Product Type
Meat/Poultry
Cereal Based
Vegetable Based
Others
By Packaging
Canned
Frozen/Chilled
Retort
Others
By Distribution Channel
Hypermarket/Supermarket
Convenience Stores/Departmental Stores
Specialty Stores
Online Stores
China
By Product Type
Meat/Poultry
Cereal Based
Vegetable Based
Others
By Packaging
Canned
Frozen/Chilled
Retort
Others
By Distribution Channel
Hypermarket/Supermarket
Convenience Stores/Departmental Stores
Specialty Stores
Online Stores
APEJ
By Product Type
Meat/Poultry
Cereal Based
Vegetable Based
Others
By Packaging
Canned
Frozen/Chilled
Retort
Others
By Distribution Channel
Hypermarket/Supermarket
Convenience Stores/Departmental Stores
Specialty Stores
Online Stores
MEA
By Product Type
Meat/Poultry
Cereal Based
Vegetable Based
Others
By Packaging
Canned
Frozen/Chilled
Retort
Others
By Distribution Channel
Hypermarket/Supermarket
Convenience Stores/Departmental Stores
Specialty Stores
Online Stores
Rest of the World
By Product Type
Meat/Poultry
Cereal Based
Vegetable Based
Others
By Packaging
Canned
Frozen/Chilled
Retort
Others
By Distribution Channel
Hypermarket/Supermarket
Convenience Stores/Departmental Stores
Specialty Stores
Online Stores
Company Profiles
Nomad Retorts Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Bakkavor Retorts Ltd.
General Mills
McCain Retorts
Premier Retorts Group Ltd.
2 Sisters Retort Group
Greencore Group plc
Orkla ASA
ConAgra Retorts Inc.
ITC Limited
“*” marked represents similar segmentation in other categories in the respective
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