United States (US) Prepared Meals Market Summary, Competitive Analysis and Forecast to 2027
Summary
Prepared Meals in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
The Prepared meals market consists of the retail sale of ready meals, chilled & frozen pizzas and meal kits, which only require heating before serving or provided with prepared ingredients which are then combined to an individual's preference when being cooked. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
The US Prepared Meals market had total revenues of $47,287.6 million in 2022, representing a compound annual growth rate (CAGR) of 5.6% between 2017 and 2022.
Market consumption volume increased with a CAGR of 3.8% between 2017 and 2022, to reach a total of 5,113 million kilograms in 2022.
The performance of the market is forecast to decelerate, with an anticipated CAGR of 2.7% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $54,001.5 million by the end of 2027.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the prepared meals market in the United States
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the prepared meals market in the United States
Leading company profiles reveal details of key prepared meals market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the United States prepared meals market with five year forecasts
Reasons to Buy
What was the size of the United States prepared meals market by value in 2022?
What will be the size of the United States prepared meals market in 2027?
What factors are affecting the strength of competition in the United States prepared meals market?
How has the market performed over the last five years?
Who are the top competitors in the United States's prepared meals market?
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the US prepared meals market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
7.4. What are the most popular brands in the US prepared meals market?
8 Company Profiles
8.1. Nestle SA
8.2. Conagra Brands Inc
8.3. General Mills Inc
8.4. The Kraft Heinz Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United States prepared meals market value: $ million, 2017–22
Table 2: United States prepared meals market volume: million kilograms, 2017–22
Table 3: United States prepared meals market category segmentation: % share, by value, 2017–2022
Table 4: United States prepared meals market category segmentation: $ million, 2017-2022
Table 5: United States prepared meals market geography segmentation: $ million, 2022
Table 6: United States prepared meals market distribution: % share, by value, 2022
Table 7: United States prepared meals market value forecast: $ million, 2022–27
Table 8: United States prepared meals market volume forecast: million kilograms, 2022–27
Table 9: United States prepared meals market share: % share, by value, 2022