Ready-to-Eat Meals Market – Global Opportunity Analysis and Industry Forecast, 2022-2030

Research Reports

May 19, 2023

Market Research Future Insights

According to MRFR analysis, the global ready-to-eat meals market is expected to register a CAGR of 10.98% from 2022 to 2030 and hold a value of over USD 188.0 billion by 2030.

The ready-to-eat meals market has been growing steadily in recent years, driven by increasing demand for convenience food among consumers with busy lifestyles. Ready-to-eat meals are meals that are fully cooked and can be consumed straight out of the packaging, without requiring any further cooking or preparation.

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Key Players

Some of the key market players in the ready-to-eat meals market are General Mills Inc., Premier Foods Plc, Unilever, Kerry Group, Conagra Foods Inc., Associated British Foods Plc, Tyson Foods Inc, Greencore Group Plc, and Grupo Bimbo

Market Segmentation

The Global Ready-to-Eat Meals market has been segmented into Type and Distribution Channels.

Based on the Type, the market has been segmented into Rice & Noodles, Salads, Gravies & Curries, Pasta & Pizzas, Soups, and others.

Based on the Distribution Channel, the market has been segmented into Store-Based [Supermarkets & Hypermarkets, Convenience Stores, and others] and Non-Store-Based

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Regional Analysis

North America is a significant market for ready-to-eat meals, accounting for a considerable share of the global market. The growth in the region is primarily driven by the increasing demand for convenience food among consumers with busy lifestyles. The presence of major market players and the availability of a wide range of products in the region also contribute to the growth of the market.

Europe is another significant market for ready-to-eat meals, with countries like the UK, France, Germany, and Italy being the major contributors. The region’s growth is attributed to the increasing adoption of a busy lifestyle, rising urbanization, and the growing number of single households. The demand for healthy and nutritious ready-to-eat meals is also driving the market’s growth in the region.

The Asia Pacific region is the fastest-growing market for ready-to-eat meals, with countries like China and India being the major contributors. The region’s growth is primarily driven by increasing urbanization, rising disposable income, and changing dietary habits of the population. The demand for convenient, on-the-go food options is also driving the market’s growth in the region.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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