Global Ready Meals Market Growth 2023-2029

Global Ready Meals Market Growth 2023-2029

Ready Meals have been introduced by the vendors as an alternative meal that is quick and cost-effective, which just requires heating before consumption. Ready Meals is packaged and is available in quantity for single or two serving. Due to the hectic lifestyles, consumers prefer Ready Meals that reduce the preparation or cooking time, thereby leading to the growth of the overall market.

Ready-meals have been defined as pre-prepared main courses that can be reheated in their container, requiring no further ingredients, and needing only minimal preparation before consumption.

LPI (LP Information)' newest research report, the “Ready Meals Industry Forecast” looks at past sales and reviews total world Ready Meals sales in 2022, providing a comprehensive analysis by region and market sector of projected Ready Meals sales for 2023 through 2029. With Ready Meals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ready Meals industry.

This Insight Report provides a comprehensive analysis of the global Ready Meals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ready Meals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ready Meals market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ready Meals and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ready Meals.

The global Ready Meals market size is projected to grow from US$ 114820 million in 2022 to US$ 153690 million in 2029; it is expected to grow at a CAGR of 153690 from 2023 to 2029.

Global Ready Meals key players include Nestle, ConAgra, Unilever, Kraft Heinz, etc. Global top four manufacturers hold a share over 10%.

Europe is the largest market, with a share about 35%, followed by Asia(Ex.China), and North America, both have a share about 50 percent.

In terms of product, Frozen and Chilled Ready Meals is the largest segment, with a share over 60%. And in terms of application, the largest application is Hypermarkets and Supermarkets, followed by Independent Retailers, Convenience Stores, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Ready Meals market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Frozen and Chilled Ready Meals

Canned Ready Meals

Dried Ready Meals

Segmentation by application

Hypermarkets and Supermarkets

Independent Retailers

Convenience Stores

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Nestle

ConAgra

Unilever

Kraft Heinz

Campbell Soup

Hormel Foods

The Schwan Food

JBS

Sigma Alimentos

Iglo Group(Nomad Foods)

Sisters Food Group

Tyson Foods

Fleury Michon

Grupo Herdez

Greencore Group

Maple Leaf Foods

McCain

Advanced Fresh Concepts

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ready Meals market?

What factors are driving Ready Meals market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ready Meals market opportunities vary by end market size?

How does Ready Meals break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.