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Ready Meals Market Emerging Patterns and Growth Catalysts by 2032
Ready Meals Market Emerging Patterns and Growth Catalysts by 2032
Ready meals are typically cooked meals that require little to no additional cooking or processing before consumption. The convenience of prepared meals influences demand because it saves time, requires fewer cooking efforts, and is easy to handle and store. Consumer food preferences are shifting toward ready-to-eat food products as a result of the hectic work schedules of college students and the busy lifestyles of working people. People's preferences for packaged meals are constantly changing as they seek higher-quality ingredients, greater variety, and faster delivery. Customers are willing to pay a premium for ready-to-eat takeaways and same-day delivery as a result of this.
Ready Meals Market size was valued at USD 150.0 billion in 2023 and is poised to grow from USD 157.95 billion in 2024 to USD 238.75 billion by 2032, growing at a CAGR of 5.3% during the forecast period (2025-2032)
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During the Covid-19 pandemic the people were preferring ready meal as there were restriction for movement and it was easily available at affordable price and convenient to store for longer duration. Also, the fear of spreading the corona virus in open spaces made people to purchase ready meals instead of fresh food. According to the Ready Meals 2020 Snapshot Survey conducted by Eating Better, 88% of adults in the U.K. eat ready breakfasts and dinners or ready-to-cook foods on a weekly basis, and two out of every five people eat packaged meals.
Market Segmentation:
Product
Frozen, Chilled, Canned, Shelf-stable
Meal Type
Vegetarian, Non-vegetarian, Vegan
Distribution Channel
Supermarkets & Hypermarkets, Convenience Stores, Online, Others
Ready Meals Market Key Players:
Nestle (Switzerland)
ConAgra Foods Inc. (United States)
Kraft Foods Group Inc. (United States)
Unilever PLC (United Kingdom/Netherlands)
Campbell Soup Company (United States)
Hormel Foods Corporation (United States)
The Hain Celestial Group, Inc. (United States)
The Kellogg Company (United States)
General Mills Inc. (United States)
McCain Foods Limited (Canada)
Ajinomoto Co., Inc. (Japan)
Bakkavor Group plc (United Kingdom)
Nomad Foods Europe Limited (United Kingdom)
Tyson Foods, Inc. (United States)
JBS S.A. (Brazil)
Kerry Group (Ireland)
Amy's Kitchen Inc. (United States)
The 2 Sisters Food Group (United Kingdom)
Dr. Oetker KG (Germany)
Essential regions of the Ready Meals market are:
• Ready Meals North America Market includes (Canada, Mexico, USA)
• Ready Meals Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Ready Meals Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Ready Meals South America Market includes (Brazil, Argentina)
FAQs: -
1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
2. Who are the major manufacturers who dominate the world market?
3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?
4. What are the market's risks and opportunities?
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Ready Meals industry.
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Looking ahead, the Ready Meals Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Ready Meals Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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