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Global Ready Meals Market 2017-2021

Global Ready Meals Market 2017-2021

About Ready Meals

Ready meals are meals that have been pre-cooked to a certain extent and serve as an easy alternative to food prepared at home. They are promoted and presented by vendors as quick and time-saving alternatives that only require heating before consumption. Ready meals are available in frozen, chilled, canned, or dried forms.

Technavio’s analysts forecast the global ready meals market to grow at a CAGR of 4.65% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global ready meals market for 2017-2021. To calculate the market size, the report considers the new installation sales, volume, and value.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Ready Meals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • 2 Sisters Food Group
  • Conagra Brands
  • The Kraft Heinz Company
  • Nestlé
  • Unilever
Other prominent vendors
  • Advanced Fresh Concepts
  • Fleury Michon
  • General Mills
  • Greencore Group
  • Hormel Foods
  • Iglo Group
  • ITC
  • JBS
  • Sigma Alimentos
  • Smithfield Foods
  • Findus
  • The Schwan Food
  • Tyson Foods
Market driver
  • Expansion in retail landscape
  • For a full, detailed list, view our report
Market challenge
  • Preference for fresh and home-cooked foods
  • For a full, detailed list, view our report
Market trend
  • Demand for natural and organic products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Ready Meals Market 2017-2021

Technavio recognizes the following companies as the key players in the global ready meals market: 2 Sisters Food Group, Conagra Brands, The Kraft Heinz Company, Nestlé, and Unilever.

Other Prominent Vendors in the market are: Advanced Fresh Concepts, Fleury Michon, General Mills, Greencore Group, Hormel Foods, Iglo Group, ITC, JBS, Sigma Alimentos, Smithfield Foods, Findus, The Schwan Food, and Tyson Foods.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is demand for natural and organic products. Owing to increasingly busy lifestyles, it has become nearly impossible for individuals to prepare healthy meals at home. As a result, they often end up eating out, which becomes a catalyst for the onset of various medical conditions such as obesity and heart problems. Vendors of ready meals are now coming up with products that are completely organic and natural. As chemical-based products are often perceived to be harmful to health, consumers are gradually preferring more natural and organic foods.”

According to the report, one of the major drivers for this market is expansion in retail landscape. Organized retailers have grown worldwide with the establishment of supermarkets, hypermarkets, and specialty stores. Ready meals are primarily sold by large organized retailers, and vendors in the market are highly dependent on these retailers. Supermarkets are a major distribution channel that supply nutritious and affordable food products. Given the rise in population, the demand for these supermarkets is also growing.

Further, the report states that one of the major factors hindering the growth of this market is preference for fresh and home-cooked foods. Across the globe, people are becoming increasingly concerned about the safety of the food that they consume. This could hamper the growth of the processed food market, including ready meals, as consumers are looking for more fresh foods. The past few years have recorded a drastic rise in the occurrence of health problems such as diabetes, digestive disorders, allergies, and obesity worldwide. People are becoming increasingly health-conscious and aware of the foods they eat, which is fueling the demand for fresh foods as they are unprocessed and contain vitamins, fibers, and naturally occurring minerals.

Companies Mentioned

2 Sisters Food Group, Conagra Brands, The Kraft Heinz Company, Nestlé, Unilever, Advanced Fresh Concepts, Fleury Michon, General Mills, Greencore Group, Hormel Foods, Iglo Group, ITC, JBS, Sigma Alimentos, Smithfield Foods, Findus, The Schwan Food, and Tyson Foods.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Segmentation of global ready meals market
    • Market size and forecast
      • Table Global ready meals market 2016-2021 by revenue ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global ready meals market by product
      • Table Global ready meals market by product 2016 and 2021
    • Global frozen ready meals market
      • Table Global frozen ready meals market by revenue 2016-2021 ($ billions)
    • Global chilled ready meals market
      • Table Global chilled ready meals market by revenue 2016-2021 ($ billions)
    • Global canned ready meals market
      • Table Global canned ready meals market by revenue 2016-2021 ($ billions)
    • Global dried ready meals market
      • Table Global dried ready meals market by revenue 2016-2021 ($ billions)
  • Market segmentation by distribution channel
    • Market segmentation by distribution channel
      • Table Global ready meals market by distribution channel 2016
  • Geographical segmentation
    • Global ready meals market by geography
      • Table Segmentation of global ready meals market by geography 2016-2021
    • Ready meals market in EMEA
      • Table Ready meals market in EMEA 2016-2021 ($ billions)
      • Table Urbanization in MEA 2020-2050
    • Ready meals market in the Americas
      • Table Ready meals market in the Americas 2016-2021 ($ billions)
    • Ready meals market in APAC
      • Table Ready meals market in APAC 2016-2021 ($ billions)
  • Key leading countries
    • Table Key leading countries by market share 2016
    • US
      • Table Ready meals market in the US 2016-2021 ($ billions)
    • UK
      • Table Ready meals market in UK 2016-2021 ($ billions)
    • Japan
      • Table Ready meals market in Japan 2016-2021 ($ billions)
    • Germany
      • Table Ready meals market in Germany 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global urban population 2010-2015 (billions)
      • Table Women workforce participation rate for key countries 2014 (% of women aged 15 years and above)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Demand for natural and organic products
    • Packaging innovations
    • High demand for premium RTE foods
    • Growth prospects in e-commerce
    • Increase in number of private label brands
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors in global ready meals market
      • Table Competitive assessment
  • Key vendor analysis
    • 2 Sisters Food Group
      • Table 2 Sisters Food Group: Business segmentation
    • Conagra Brands
    • The Kraft Heinz Company
    • Nestlé
    • Unilever
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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