Global Ready Meals Market 2020 Industry Demand, Segment, Statistics Report 2026

Ready Meals Market report provides the latest market data along with industry future trends, which keeps tracking of users driving the revenue growth rate of the ready meals market by type (canned/preserved ready meals, chilled pizza, chilled ready meals, dried ready meals, frozen pizza, frozen ready meals, and prepared salads), distribution channel (store-based retailing, and online retailing) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players in the ready meals market it includes the five years Industry analysis and the 6 years annual forecast from 2020 to 2026.

Some of the prominent participants in the global ready meals market are Nestlé S.A., ConAgra Brands Inc., Kraft Heinz Company, Chao Xiang Yuan Food Co. Ltd., Dr. Oetker, BRF S.A., Berkshire, Green Mill Foods, General Mills, and Tyson Foods. The global ready meals market is projected to grow at a healthy CAGR over the forecast period of 2020-2026.

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Increasing Demand for Minimally Processed and Additive-Free Food Products with A Prolonged Shelf Life Is Anticipated to Fuel the Market Growth

The growth of the ready meals market is driven by an upsurge in the convenience foodstuffs among students and working professionals provided in terms of time-saving and minimum efforts required for the preparation of these meals. Ready meals are precooked and pre-packaged meals that can be consumed with least or no preparation. Furthermore, increasing demand for minimally processed and additive-free food products with a prolonged shelf life is anticipated to fuel the market growth during the forecast period. In addition, preference for these meals by the working population and students has augmented, owing to the fact that it requires only heating before consumption, which decreases the overall effort. Moreover, ready meals serve as low-cost alternatives to junk food, which is expected to boost their demand over the forecast period. On the other hand, an increase in health awareness and negative perceptions pertaining to the health effects of the ready meals products among the consumers confine the market growth.

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North America Region Is Expected to Hold the Largest Share in the Global Ready Meals Market

Among the geographies, the North American region is expected to hold the largest share in the global ready meals market owing to the introduction of innovative products, such as frozen vegetables and salads. Food inclinations among the consumers are increasing the demand for ready meals in the region. The United States is the largest consumer of ready-to-eat food products and meals. Furthermore, the Asia Pacific region is anticipated to be the fastest-growing region with the highest CAGR during the forecast period. This growth is accredited to the growing target population in the region. In addition, increasing consumer disposable income coupled with rising awareness about ready meal products are driving the regional market growth.

Ready Meals Market: Segmentation

The report on the global ready meals market covers segments such as type and distribution channel. On the basis of type, the sub-markets include canned/preserved ready meals, chilled pizza, chilled ready meals, dried ready meals, frozen pizza, frozen ready meals, and prepared salads. On the basis of the distribution channel, the sub-markets include store-based retailing and online retailing.

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the ready meals.

=> Complete coverage of all the product types and applications segments to analyze the trends, developments, and forecast of market size up to 2026.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company. 

 => Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand and/or diversify.