Global market review of premium in-home dining - forecasts to 2014 published by just-food.com in June, 2010. This report consists of 51 Pages and the price starts from US $ 923.
Abstract
The global premium in-home dining market is largest and most well-established
in regions such as Western Europe and North America, where penetration of
levels of convenience foods such as ready meals are highest. Sales of products
aimed at in-home dining in the US, the UK and Japan were worth US$1.49bn in
2009, with the US market for premium frozen ready meals amounting to US$885m
during this time.
In both the US and the UK, the bulk of the market is made up of premium ready
meals, although starters, appetisers and puddings are also starting to appear
so as to replicate the restaurant experience more closely. Some suppliers have
attempted to drive up quality levels in the in-home dining sector by using
endorsements or branding from high-profile chefs, but despite the growing
popularity of premium meals, this strategy has not always been successful.
The fortunes of the market are closely linked with the performance of the
foodservice industry. The global economic downturn has had a major effect on
the eating-out market, which has also suffered as a result of factors such as
the smoking ban and the increasing appeal of the home as a venue for
socialising and entertaining.
Sales of premium ready meals for in-home consumption are expected to remain
highest in the UK and the US. In both countries, the share of the ready meals
market taken by premium dishes is forecast to continue to rise.
This latest report from just-food provides a market overview of this
fast-growing sector, looking at the major global markets, current trends,
consumer dynamics, major suppliers, new product activity and forecasts for the
next five years.
Following the report' s Introduction chapter, Chapter 2 - Market
overview compares the world' s leading markets for the sector.
It is extremely difficult to obtain a definitive figure for the global premium
in-home dining market. This is mainly because of the low penetration of
convenience foods such as ready meals in many less developed parts of the
world (e.g. Latin America and parts of Asia), while the crossover of
foodservice brands into the retail sector is confined to a limited number of
countries.
This chapter attempts to quantify the global market for premium in-home
dining. Market coverage includes United States, United Kingdom, Japan,
Australia,
Report Statistics
- Published: June 2010
- Pages: 51
- Format: PDF
Table of Contents
Chapter 1 - Introduction
Chapter 2 - Market overview
- Europe
- The US
- Asia-Pacific
Chapter 3 - Current trends
- Eating-out trends
- An expanding product range
- Influence of TV/celebrity chefs
- Supermarket offers
- The significance of private label
Chapter 4 - Consumer dynamics
- Europe
- North America
- Other markets
Chapter 5 - Major suppliers
- Nestle
- Background
- Market position
- Current developments
- Financial information
- ConAgra Foods
- Background
- Market position
- Current developments
- Financial information
- HJ Heinz
- Background
- Market position
- Current developments
- Financial information
- Bakkavor Group
- Background
- Market position
- Current developments
- Financial information
- Greencore
- Background
- Market position
- Current developments
- Financial information
- Northern Foods
- Background
- Market position
- Current developments
- Financial information
- Others
- Major food retailers
Chapter 6 - New product activity
- UK/Europe branded
- UK/Europe own-label
- US branded
- US own-label
- Others
Chapter 7 - The future
- Market size and trends
- Competition from foodservice channels
List of figures
- Figure 1: Shares of the UK premium foods market by retailer, 2009
(%)
List of tables
- Table 1: Currency conversion rates, 2009
- Table 2: UK ready meals market by sector (frozen, chilled and
premium), 2004-2009 (GBP m and %)
- Table 3: US premium frozen meals market, 2004-2009 (US$ m and %)
- Table 4: Japanese home meal replacement (HMR) market, 2004-2009
(US$ bn and %)
- Table 5: Nestle: financial results, 2005-2009 (CHFm)
- Table 6: ConAgra Foods: financial results, 2005-2009 (US$ m)
- Table 7: HJ Heinz: financial results, 2005-2009 (US$ m)
- Table 8: Bakkavor Group: financial results, 2005-2009 (GBP m)
- Table 9: Greencore: financial results, 2005-2009 (EUR m)
- Table 10: Shares of the UK premium foods market by retailer, 2009
(%)
- Table 11: New Menu From meals from Waitrose, 2010
- Table 12: Forecast sales of chilled and frozen premium ready meals
in the UK and the US, 2009-2014 (US$ m and %)