Report Format: PDF
Published Date: Oct-2018 | 185 Pages | Report ID: VSR001555
Global Ready Meals Market Size is estimated to expand rapidly in coming years, at a CAGR of 5.5 % from 2018 to 2025. In 2017, the global market valuation was USD 220.5 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The comfort these goods give learners and operating experts is the primary motive for the worldwide ready meals industry. Ready foods can be eaten with or without minimum preparing and prepackaged food. Because the lifestyles are crowded, customers favor ready-to-eat dishes which reduce training time and thus increase the requirement for ready-to-eat food. These dishes offer a better option to junk meat and a better way to eat. In addition, increasing consumer disposable income contributes to market growth. Regionally, North America held the largest share in the global market of ready meals.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global ready meals market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global ready meals market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Distribution Channel Insights: On the basis of distribution channel, global-ready meals market has been segmented into retail & supermarket, online platform. Among these segments, retail and supermarket are projected to hold the largest market share. Due to increasing numbers of Internet and Smartphone users, however, the online distribution channel is predicted to have the highest growth rate over the forecast period. In addition, growing success of e-commerce systems such as Amazon is anticipated to increase internet item revenues. Increased use of sophisticated techniques, like AI, will further stimulate section development. Moreover, internet systems provide different deals and reductions on branded goods that also contribute to the development of the market.
By Product Insights: On the basis of product, global-ready meals market has been segmented into frozen & chilled, canned, dried. The industry guided by the frozen and frozen item section was highest in 2018. Because of their long shelf lives, frozen and frozen prepared foods are in strong supply as others. Frozen bread is the most famous prepared frozen food and add up to worldwide income input. The highest CAGR will be seen in the canned ready meal item section between 2018 and 2025. In the future, there will also be a substantial development in the dried products sector. Foods such as immediate pasta and noodles are included in dried products. The United States, China, India and the United Kingdom include Because of significant supply, are the main industries for frozen food.
Regional Analysis
The ready meals market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The biggest stake in the worldwide ready meal industry was retained by North America in 2018 and is expected to further grow in 2018 to 2025 at a permanent CAGR. The growing destination population in the region is ascribed to this development.
Asia Pacific, thanks to the growing population, consumer-determined revenue and knowledge of ready-to-use meals, is said to be the second-largest global industry. Furthermore, enhanced living norms and fast industrialization will have a beneficial effect on consumer supply in developing markets such as India and China. The implementation of creative produce such as frozen vegetables and salads is also anticipated to lead to significant development in Europe in the coming years. Another element pushing the development of the prepared meal industry is enhanced competition for gluten-free food.
Global Ready Meals Market Size, Share Analysis by Region 2017
Global Ready Meals Market Study Objective
1. To forecast the market size of ready meals market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of ready meals market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of ready meals market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of ready meals market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the ready meals market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Bakkavor Foods Ltd., ConAgra, Greencore Group Plc., JH Heinz Company Ltd., Nestle, Northern Food Ltd., Kerry Foods Ltd., and Premier Foods Group Ltd are some of the key players in the market of ready meals.
Global Ready Meals Market Study Report Offer You!
The global ready meals market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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