Global Ready To Eat Food Market 2022-2026
Technavio has been monitoring the ready-to-eat food market and it is poised to grow by $ 71.69 bn during 2022-2026, progressing at a CAGR of 7.15% during the forecast period. Our report on ready to eat food market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growth of organized retail sector, significant rise in new product launches, and increasing demand for on-the-go foods due to busy work schedules. In addition, the growth of organized retail sector is anticipated to boost the growth of the market as well.
The ready-to-eat food market analysis includes the product segment and geographic landscape.
Technavio's ready-to-eat food market is segmented as below:
By Product
- Frozen
- ready-to-heat
- Ready-to-cook
By Geographical Landscape
- APAC
- North America
- South America
- MEA
- Europe
This study identifies the growing prominence for online shopping as one of the prime reasons driving the ready-to-eat food market growth during the next few years. Also, the growing popularity of private-label frozen foods and the rising number of promotional and marketing activities will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on ready-to-eat food market covers the following areas:
- Ready to eat food market sizing
- Ready to eat food market forecast
- Ready to eat food market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ready to eat food market vendors that include BRF SA, Campbell Soup Co., Conagra Brands Inc., Dr. August Oetker Nahrungsmittel KG, Fleury Michon SA, General Mills Inc., Gits Food Products Pvt. Ltd., Godrej Agrovet Ltd., Greencore Group Plc, Haldiram Foods International Pvt. Ltd, ITC Ltd., Massa Leve, McCain Foods Ltd., MTR Foods Pvt. Ltd., Nestle SA, Nomad Foods Ltd., Premier Foods Plc, The Kraft Heinz Co., Tyson Foods Inc., and VH Group. Also, the ready-to-eat food market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedBRF SA, Campbell Soup Co., Conagra Brands Inc., Dr. August Oetker Nahrungsmittel KG, Fleury Michon SA, General Mills Inc., Gits Food Products Pvt. Ltd., Godrej Agrovet Ltd., Greencore Group Plc, Haldiram Foods International Pvt. Ltd, ITC Ltd., Massa Leve, McCain Foods Ltd., MTR Foods Pvt. Ltd., Nestle SA, Nomad Foods Ltd., Premier Foods Plc, The Kraft Heinz Co., Tyson Foods Inc., VH Group