Prepared Meals Market Size, Competitive Landscape, Country Analysis, Distribution Channel, Packaging Formats and Forecast, 2016-2026

Prepared Meals Market Size, Competitive Landscape, Country Analysis, Distribution Channel, Packaging Formats and Forecast, 2016-2026

Summary

The global prepared meals sector was valued at $107.2 billion in 2021 and is forecast to generate a CAGR of 6.0% during 2021-26 to reach $143.8 billion by 2026. The Asia-Pacific represented the largest region for the global prepared meals sector in 2021, with a value share of 33.5%, followed by Western Europe and the Americas, which accounted for shares of 31% and 27.8%, respectively. The Middle East & Africa is forecast to record the highest CAGR during 2021-26, at 33.4%. In 2021, the ready meals category held the highest value and volume shares of 73.8% and 76.7%, respectively. Meal kits is set to be the fastest-growing category during 2021-26, at a projected value CAGR of 14.5%. In the global prepared meals market, the top five companies accounted for a combined value share of 23% in 2021. Nestlé was the leading company, with a value share of 8.9%, followed by Nissin Food Products Co., Ltd. (5.1%), Conagra Brands, Inc. (3.7%), Dr. August Oetker Kg (2.8%), and The Kraft Heinz Company (2.4%).

Online ordering and food delivery has gained traction since the start of the COVID-19 crisis, during which many restaurants and other food outlets were forced to remain closed for months on end. This shift in consumption habits has boosted the popularity of ready-to-cook/-eat meals. These are particularly popular among single households and elderly consumers. Urbanization encourages the development of cold chains, which enable the swift supply of chilled/frozen packaged meals. This, in turn, drives demand for prepared meals.

This report brings together multiple data sources to provide a comprehensive overview of the global prepared meals sector. It includes analysis on the following -

  • Sector overview: Provides an overview of current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The analysis also provides a regional overview across five regions-Asia-Pacific, the Middle East & Africa, the Americas, Western Europe, and Eastern Europe-highlighting sector size, growth drivers, latest developments, and future challenges for each region.
  • Change in consumption: Provides a shift in the consumption of prepared meals during 2016-26 at global and regional levels.
  • High-potential countries: Provides risk-reward analysis of the top 10 high-potential countries in each region based on market assessment, economic development, governance indicators,
  • sociodemographic factors, and technological infrastructure.
  • Country and regional analysis: Provides deep-dive analysis of 10 high-potential countries covering value growth during 2021-26, key challenges, consumer demographics, and key trends. It also includes regional analysis covering the future outlook for the region.
  • Health & wellness analysis: Provides insights on health & wellness products in terms of value and percentage share in the overall prepared meals sector at a global and regional level during 2015-20. The analysis includes key health & wellness attributes and consumer benefits driving sales of prepared meals across the five regions in 2020. It also covers the market shares of leading companies offering prepared meals with health & wellness attributes.
  • Competitive landscape: Provides an overview of leading companies and brands at global and regional level, besides analyzing product profile, country-level presence, market share, and growth of private labels in each region.
  • Key distribution channels: Provides analysis on the leading distribution channels in the global prepared meals sector in 2021. It covers hypermarkets & supermarkets, convenience stores, e-retailers, food & drinks specialists, “dollar stores”, variety stores & general merchandise retailers, cash & carries & warehouse clubs, department stores, drugstores & pharmacies, and others.
  • Preferred packaging formats*: The report provides percentage share (in 2021) and growth analysis (during 2016-26) for various packaging materials, types, closures, and outer types based on volume sales of prepared meals (in million pack units).
Scope
  • Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging.
  • The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
Reasons to Buy
  • Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
  • The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances.
  • The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion.
  • To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.


  • Executive Summary
  • Sector Overview
    • Current Scenario and Future Outlook
    • Global Overview
    • Asia-Pacific Overview
    • Middle East & Africa Overview
    • Americas Overview
    • Western Europe Overview
    • Eastern Europe Overview
    • Prepared Meals: Global Challenges
  • Shift in Food Consumption Patterns
    • Change in Consumption Levels in the Overall Food Industry, 2016-26
    • Reasons for Shift in Consumption Patterns
    • Change in Consumption Levels: Asia-Pacific, 2016-26
    • Change in Consumption Levels: Middle East & Africa, 2016-26
    • Change in Consumption Levels: Americas, 2016-26
    • Change in Consumption Levels: Western Europe, 2016-26
    • Change in Consumption Levels: Eastern Europe, 2016-26
  • Identifying High-Potential Countries by Region
  • Country Deep Dive Analysis
    • Taiwan
      • Taiwan: Overview of the Taiwanese Prepared Meals sector
      • Taiwan: Key Trends in the Prepared Meals Sector
    • Japan
      • Japan: Overview of the Japanese Prepared Meals Sector
      • Japan: Demographic Analysis*
      • Japan: Market Size Analysis of Top 10 Cities
      • Japan: Key Trends in the Prepared Meals Sector
    • South Korea
      • South Korea: Overview of the South Korean Prepared Meals Sector
      • South Korea: Demographic Analysis*
      • South Korea: Market Size Analysis of Top Seven Cities
      • South Korea: Key Trends in the Prepared Meals Sector
      • Future Outlook of the Asia-Pacific Prepared Meals Sector
    • South Africa
      • South Africa: Overview of South African Prepared Meals Sector
      • South Africa: Demographic Analysis*
      • South Africa: Market Size Analysis of Top Eight Cities
      • South Africa: Market Size Analysis of Top Eight Cities by Category
      • South Africa: Key Trends in the Prepared Meals Sector
      • Future Outlook of the Middle East & Africa Prepared Meals Sector
    • Brazil
      • Brazil: Overview of Brazilian Prepared Meals sector
      • Brazil: Demographic Analysis*
      • Brazil: Market Size Analysis of Top Nine Cities
      • Brazil: Market Size Analysis of Top Nine Cities by Category
      • Brazil: Key Trends in the Prepared Meals Sector
    • Canada
      • Canada: Overview of Canadian Prepared Meals Sector
      • Canada: Demographic Analysis*
      • Market Size Analysis of Top 10 Cities
      • Market Size Analysis of Top 10 Cities by Category
      • Canada: Key Trends in the Prepared Meals Sector
      • Future Outlook of the Americas Prepared Meals sector
    • Spain
      • Spain: Overview of the Spanish Prepared Meals Sector
      • Spain: Demographic Analysis*
      • Spain: Market Size Analysis of Top 10 Cities
      • Spain: Market Size Analysis of Top 10 Cities by Category
      • Spain: Key Trends in the Prepared Meals Sector
    • UK
      • The UK: Overview of the UK Prepared Meals Sector
      • The UK: Demographic Analysis*
      • The UK: Market Size Analysis of Top 10 Cities
      • The UK: Market Size Analysis of Top 10 Cities by Category
      • The UK: Key Trends in the Prepared Meals Sector
      • Future Outlook in the Western European Prepared Meals sector
    • Czech Republic
      • Czech Republic: Overview of the Czech Prepared Meals Sector
      • Czech Republic: Demographic Analysis*
      • Czech Republic: Market Size Analysis of Top Four Cities
      • Czech Republic: Market Size Analysis of Top Four Cities by Category
      • Czech Republic: Key Trends in the Prepared Meals Sector
    • Poland
      • Poland: Overview of the Polish Prepared Meals Sector
      • Poland: Demographic Analysis*
      • Poland: Market Size Analysis of Top 10 Cities
      • Poland: Market Size Analysis of Top 10 Cities by Category
      • Poland: Key Trends in the Prepared Meals Sector
      • Future Outlook of the Eastern European Prepared Meals sector
  • Health & Wellness Analysis
    • Health & Wellness Analysis - Global & Regional
    • Health & Wellness Analysis - Growth Contribution by Region
    • Health & Wellness Analysis - Key Product Attributes
    • Health & Wellness Analysis - Key Consumer Benefits
    • Leading Health & Wellness Companies by Category
  • Competitive Landscape - Global and Regional Analysis
    • Leading Prepared Meals Sector Companies by Value - Global
    • Company and Brand Share Analysis Global
    • Company and Brand Share Analysis Asia-Pacific
    • Company and Brand Share Analysis Middle East & Africa
    • Company and Brand Share Analysis The Americas
    • Company and Brand Share Analysis Western Europe
    • Company and Brand Share Analysis Eastern Europe
  • Competitive Landscape - Market Analysis
    • Key Brands - Meal Kits
    • Key Brands - Pizza
    • Key Brands - Ready Meals
  • Market Share of Private Labels
    • Private Labels Share in Prepared Meals Sector - by Region
    • Private Labels Share in Prepared Meals Sector - by Category
  • Key Distribution Channels
    • Key Distribution Channels: Overview
  • Key Packaging Formats
    • Growth Analysis - by Pack Material and Pack Type
    • Growth Analysis - by Closure Type and Primary Outers
  • Appendix
    • Table Global market sales - value ($ million)
    • Table Global market sales - volume (million kg)
    • Table Global prepared meals - sales, by region - value ($ million)
    • Table Global prepared meals - sales, by region - volume (million kg)
    • Table Prepared meals sales with health & wellness product attributes, 2015-20 ($ million)
    • Table Prepared meals sales with health & wellness consumer benefits, 2015-20 ($ million)
    • Table Key health & wellness product attributes by category, 2020 ($ million)
    • Table Key health & wellness consumer benefits by category, 2020 ($ million)
    • Table Global - prepared meals distribution ($ million) in 2016 vs. 2021
    • Table Asia-Pacific - prepared meals distribution ($ million) in 2016 vs. 2021
    • Table The Americas - prepared meals distribution ($ million) in 2016 vs. 2021
    • Table Middle East & Africa - prepared meals distribution ($ million) in 2016 vs. 2021
    • Table Western Europe - prepared meals distribution ($ million) in 2016 vs. 2021
    • Table Eastern Europe - prepared meals distribution ($ million) in 2016 vs. 2021
    • Table Global value sales, meal kits (2021, $ million)
    • Table Global value sales, pizza (2021, $ million)
    • Table Global value sales, ready meals (2021, $ million)
    • Table Global - brands vs. private label value ($ million)
    • Table Asia-Pacific - brands vs. private label value ($ million)
    • Table The Americas - brands vs. private label value ($ million)
    • Table Eastern Europe - brands vs. private label value ($ million)
    • Table Middle East & Africa - brands vs. private label value ($ million)
    • Table Western Europe - brands vs. private label value ($ million)
    • Table Pack materials in 2021 vs. 2026 (million units)
    • Table Pack types in 2021 vs. 2026 (million units)
    • Table Closure types & outer types - 2021 vs. 2026
    • Table Primary outer types in 2021 vs. 2026 (million units)
    • Country List Analyzed to Identify High-potential Countries
  • Definitions
    • Definitions - Categories
    • Definitions - Channels
    • Definitions - Health & Wellness
    • GlobalData’s Eight Mega-Trends
    • The eight mega-trends can be broken down into 43 trends
    • Definitions - Trends: Health &Wellness
    • Definitions - Trends: Sensory & Indulgence
    • Definitions - Trends: Comfort & Uncertainty
    • Definitions - Trends: Sustainability & Ethics
    • Definitions - Trends: Individualism & Expression
    • Definitions - Trends: Digitalization
    • Definitions - Trends: Easy & Affordable
    • Definitions - Trends: Demographics
  • Methodology

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