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Ready Meals Market

Ready Meals Market Size, Share and Segmentation by Type (Canned/Preserved Ready Meals, Chilled Pizza, Chilled Ready Meals, Dried Ready Meals, Frozen Pizza, Frozen Ready Meals, and Prepared Salads), by End User (Residential and Food Services), by Distribution Channel (Store-based Retailing (Supermarkets/Hypermarkets Discounters, Convenience Stores, and Others) and Online Retailing), by Regions Global Market Forecast 2022-2028

Report Id: SNS/F&B/1711 | June 2022 | Region: Global | 130 Pages

Report Scope & Overview:

The Ready Meals Market Size was valued at USD 139.86 billion in 2021 and is expected to reach USD 194.18 billion by 2028, and grow at a CAGR of 4.8% over the forecast period 2022-2028.

Prepared dinners are savvy elective dishes that require some investment to get ready as they are precooked and are accessible consistently. The moving food inclinations of purchasers toward prepared to-eat food items inferable from the bustling ways of life of working people as well as the chaotic plans for getting work done of undergrads is probably going to fuel market development.

Ready Meals Market Revenue Graph

Expansion in accommodation presented as far as efficient and little endeavours expected for the planning of these dinners drives the development of the prepared suppers market. Besides, inclination for these suppers by the functioning populace and understudies has expanded, attributable to the way that it requires just warming before utilization, which lessens the general exertion of cooking. Moreover, these dinners act as minimal expense choices to unhealthy food, which is expected to help their interest soon. Be that as it may, expansion in wellbeing mindfulness and negative discernments relating to wellbeing impacts of these items among the customers control the market development.

Market Dynamics:

Driving Factors:

  • Individuals are searching for better fixings, more assortment, and speedier conveyance.
  • Expansion in comfort presented as far as efficiency and little endeavours expected for the planning of these dinners

Restraining Factors:

  • Corruption of prepared dinners containing counterfeit fixing brings about large misfortune

Opportunities:

  • Inclination for these suppers by the functioning populace and understudies has expanded, attributable to the way that it requires just warming before utilization.
  • These suppers act as minimal expense choices to unhealthy food.

Challenges:

  • Falsifying of laid out brands frequently spoils the brand appearance and brand reliability and such misbehaviours.

Impact of Covid-19:

With an extraordinary COVID-19 pandemic, interest for prepared suppers has seen an ascent, inferable from the execution of lockdown by states in larger part of the nations and developing reception of prepared-to-eat food. Furthermore, with the continuous shift to remote work and flood deprived for moment dinners is prompting ascend sought after for helpful food items which require less planning time and is sound.

Market Estimations:

Product Type:

Based on type, the frozen pizza portion holds the most extreme piece of the pie attributable to high customer interest and low costs on the lookout. Nonetheless, the pre-arranged plates of the mixed greens portion is supposed to be the quickest developing fragment during the gauge time frame.

End-User:

Based on the end client, the private portion overwhelmed the worldwide market in 2020, in any case, the food administration fragment is supposed to be the quickest developing section during the prepared dinners market gauge period.

Distribution Channel:

Based on the dispersion channel, the internet retailing portion is the quickest developing fragment attributable to ascend in web entrance and advanced mobile phones among the shoppers. Nonetheless, the put-away-based retailing portion is supposed to stay the biggest overwhelming fragment of the market attributable to the simplicity of openness and accessibility of the prepared dinner items.

Key Market Segmentation:

By Type:

  • Canned/Preserved Ready Meals

  • Chilled Pizza

  • Chilled Ready Meals

  • Dried Ready Meals

  • Frozen Pizza

  • Frozen Ready Meals

  • Prepared Salads

End-User:

  • Residential

  • Food Services

By Distribution Channel:

  • Store-based Retailing

    • Supermarkets/Hypermarkets

    • Discounters

    • Convenience Stores

    • Others

  • Online Retailing

Ready Meals Market Segment Chart

Regional Analysis:

  • North America

    • The USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • The UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

North America held the biggest offer in the worldwide market with the U.S. being the biggest purchaser of pre-bundled dinners. Advancing food inclinations among customers attributable to developing wellbeing mindfulness and worries for food handling are driving item interest in the district. Asia Pacific is expected to be the quickest developing territorial market attributable to the rising objective populace in the locale. Also, developing buyer extra cash and rising mindfulness about prepared supper items are adding to showcase development. Europe is likewise expected to observe impressive development before very long because of the presentation of imaginative items.

Key Players:

Nestlé, General Mills, Inc., Kellogg Company, Conagra Brands, Inc., Tyson Foods, Inc., Dr. Oetker, Nomad Foods, Green Mill Foods, Unilever, 2 Sisters Food Group

Ready Meals Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 139.86 Billion
Market Size by 2028 US$ 194.18 Billion
CAGR CAGR 4.8% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Type (Canned/Preserved Ready Meals, Chilled Pizza, Chilled Ready Meals, Dried Ready Meals, Frozen Pizza, Frozen Ready Meals, and Prepared Salads)
• by End User (Residential and Food Services)
• by Distribution Channel (Store-based Retailing (Supermarkets/Hypermarkets Discounters, Convenience Stores, and Others) and Online Retailing)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Nestlé, General Mills, Inc., Kellogg Company, Conagra Brands, Inc., Tyson Foods, Inc., Dr. Oetker, Nomad Foods, Green Mill Foods, Unilever, 2 Sisters Food Group
Key Drivers •Individuals are searching for better fixings, more assortment, and speedier conveyance.
Market Opportunities •These suppers act as minimal expense choices to unhealthy food.


Frequently Asked Questions (FAQ) :


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 Covid 19 Impact Analysis

4.2 Impact of the Ukraine and Russia war

 

5. Value chain analysis

 

6. Porter’s 5 forces model

 

7.  PEST analysis

 

8. Global Ready Meals market segmentation, by By Type:

8.1 Canned/Preserved Ready Meals

8.2 Chilled Pizza

8.3 Chilled Ready Meals

8.4 Dried Ready Meals

8.5 Frozen Pizza

8.6 Frozen Ready Meals

8.7 Prepared Salads

 

9. Global Ready Meals market segmentation, by End User:

9.1 Residential

9.2 Food Services

 

10. Global Ready Meals market segmentation, by Distribution channel:

10.1 Store-based Retailing

10.1.1 Supermarkets/Hypermarkets

10.1.2 Discounters

10.1.3 Convenience Stores

10.1.4 Others

10.2 Online Retailing

 

11. Global Ready Meals market, by region/ country

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest of Middle East & Africa

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12. Company profiles

12.1 Nestlé

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 Swot Analysis

12.1.4 The SNS View

12.2 General Mills, Inc.

12.3 Kellogg Company

12.4 Conagra Brands, Inc.

12.5 Tyson Foods, Inc.

12.6 Dr. Oetker

12.7 Nomad Foods

12.8 Green Mill Foods

12.9 Unilever

12.10 2 Sisters Food Group

 

13. Competitive Landscape

13.1 Competitive Bench Marking

13.2 Market Share Analysis

13.3 Recent Developments

 

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

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