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PUBLISHER: Grand View Research | PRODUCT CODE: 1076341
PUBLISHER: Grand View Research | PRODUCT CODE: 1076341
Ready Meals Market Size, Share & Trends Analysis Report By Product (Frozen, Chilled, Canned), By Meal Type (Vegetarian, Non-vegetarian), By Distribution Channel, By Region, And Segment Forecasts, 2022 - 2030
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Ready Meals Market Growth & Trends:
The global ready meals market size is expected to reach USD 225.28 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 5.1% during the forecast period. The rising demand for affordable and convenient pre-prepared dishes is anticipated to drive the market. Minimum preparation or cooking time and higher shelf life as compared to fruits, fresh vegetables, and meat are other key factors fueling product demand.
Moreover, busy schedules and hectic lifestyles of the working-class population and the young generation are anticipated to offer key players new growth avenues over the forecast period. The COVID-19 pandemic has also significantly increased the demand for ready meals. With most parts of the world under lockdown orders to prevent the spread of the novel coronavirus, restaurants and other eateries were shut down, compelling consumers to cook and eat at home. This propelled product demand across the globe.
Manufacturers have been launching a wide range of ready meals under healthier segments, with claims like vegan, gluten-free, and dairy-free to cater to the rising customer demand, which is increasing the scope of the global market. For instance, in October 2021, Pilgrim's Food Masters launched OXO frozen ready meals into Asda, a British supermarket chain. The company also re-launched existing ranges such as Bisto and Sharwood's, with new product developments and recipe reformulations.
The vegan segment is expected to register the fastest growth rate throughout the forecast period. Product launches in this segment by key players are likely to supplement the overall segment growth. For instance, in August 2021, Nestle-owned Freshly launched its first line of vegan meals, which include burgers, mac and cheese, and burritos. The plant-based product range includes Rainbow Harvest Plant-Based Burger with Sticky Carrot Jam & Summer Veggie Saute and Unwrapped Salsa Verde Burrito with Purely Plant Crumbles.
Supermarkets & hypermarkets held the largest share in terms of revenue in 2021 and the segment is expected to maintain dominance over the forecast period. The rise in consumer demand for ready meals has made retailers hold greater shelf space for the same, especially in developed countries. The global market is consolidated in nature, with the presence of a large number of international players and few regional players. Manufacturers are focusing their resources on product innovation to cater to the latest health choices of consumers across the world.
Ready Meals Market Report Highlights:
- North America held the majority share in the global revenue in 2021. The growing preference for healthier food among consumers, especially millennials, has been driving product demand in the region
- The vegan segment is projected to register the fastest CAGR during the forecast period. The demand for vegan dishes is driven by a rising population of lactose-intolerant consumers and growing awareness about animal cruelty
- The online distribution channel segment is expected to exhibit the fastest CAGR over the forecast period. The segment is primarily driven by the increased penetration of online retailers since the outbreak of COVID-19
Product Code: GVR-3-68038-529-8
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Meal Type Outlook
- 2.4. Distribution Channel Outlook
- 2.5. Regional Outlook
Chapter 3. Ready Meals Market Variables, Trends & Scope
- 3.1. Market Introduction
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Impact of COVID-19 on the Ready Meals Market
- 3.4. Industry Value Chain Analysis
- 3.4.1. Sales/Retail Channel Analysis
- 3.4.2. Profit Margin Analysis
- 3.5. Market Dynamics
- 3.5.1. Driver Impact Analysis
- 3.5.2. Restraint Impact Analysis
- 3.5.3. Industry Challenges
- 3.5.4. Industry opportunities
- 3.6. Business Environment Analysis
- 3.6.1. Industry Analysis - Porter's Five Forces
- 3.6.1.1. Supplier Power
- 3.6.1.2. Buyer Power
- 3.6.1.3. Substitution Threat
- 3.6.1.4. Threat from New Entrant
- 3.6.1.5. Competitive Rivalry
- 3.6.1. Industry Analysis - Porter's Five Forces
- 3.7. Roadmap of Ready Meals Market
- 3.8. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends and Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Consumer Distribution Channel Adoption
- 4.5. Observations & Recommendations
Chapter 5. Ready Meals Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2021 & 2030
- 5.2. Frozen
- 5.2.1. Frozen Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 5.3. Chilled
- 5.3.1. Chilled Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 5.4. Canned
- 5.4.1. Canned Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 5.5. Shelf-stable
- 5.5.1. Shelf-stable Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
Chapter 6. Ready Meals Market: Meal Type Estimates & Trend Analysis
- 6.1. Meal Type Movement Analysis & Market Share, 2021 & 2030
- 6.2. Vegetarian
- 6.2.1. Market Estimates and Forecast for Vegetarian Ready Meals, 2017 - 2030 (USD Million)
- 6.3. Non-vegetarian
- 6.3.1. Market Estimates and Forecast for Non-vegetarian Ready Meals, 2017 - 2030 (USD Million)
- 6.4. Vegan
- 6.4.1. Market Estimates and Forecast for Vegan Ready Meals, 2017 - 2030 (USD Million)
Chapter 7. Ready Meals Market: Distribution Channel Estimates & Trend Analysis
- 7.1. Distribution Channel Movement Analysis & Market Share, 2021 & 2030
- 7.2. Supermarkets & Hypermarkets
- 7.2.1. Market Estimates and Forecast through Supermarkets & Hypermarkets, 2017 - 2030 (USD Million)
- 7.3. Convenience Stores
- 7.3.1. Market Estimates and Forecast through Convenience Stores, 2017 - 2030 (USD Million)
- 7.4. Online
- 7.4.1. Market Estimates and Forecast through Online Channel, 2017 - 2030 (USD Million)
- 7.5. Others
- 7.5.1. Market Estimates and Forecast through Others Channel, 2017 - 2030 (USD Million)
Chapter 8. Ready Meals Market: Region Estimates & Trend Analysis
- 8.1. Regional Movement Analysis & Market Share, 2021 & 2030
- 8.2. North America
- 8.2.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.2.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.2.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.2.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.2.5. U.S.
- 8.2.5.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.2.5.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.2.5.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.2.5.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.3.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.3.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.3.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.3.5. Germany
- 8.3.5.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.3.5.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.3.5.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.3.5.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.3.6. U.K.
- 8.3.6.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.3.6.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.3.6.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.3.6.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.3.7. France
- 8.3.7.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.3.7.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.3.7.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.3.7.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.4.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.4.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.4.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.4.5. China
- 8.4.5.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.4.5.2. Market Estimates and Forecast, By Product, 2017- 2030 (USD Million)
- 8.4.5.3. Market Estimates and Forecast, By Meal Type, 2017- 2030 (USD Million)
- 8.4.5.4. Market Estimates and Forecast, By Distribution Channel, 2017- 2030 (USD Million)
- 8.4.6. Japan
- 8.4.6.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.4.6.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.4.6.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.4.6.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.4.7. India
- 8.4.7.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.4.7.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.4.7.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.4.7.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.5. Central & South America
- 8.5.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.5.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.5.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.5.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.5.5. Brazil
- 8.5.5.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.5.5.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.5.5.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.5.5.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.6.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.6.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.6.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.6.5. South Africa
- 8.6.5.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8.6.5.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 8.6.5.3. Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 8.6.5.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
Chapter 9. Competitive Analysis
- 9.1. Key Global Players, Recent Developments & their Impact on the Industry
- 9.2. Key Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
- 9.3. Vendor Landscape
- 9.3.1. Key Company Market Share Analysis, 2021
Chapter 10. Company Profiles
- 10.1. Nestle
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Strategic Initiatives
- 10.2. General Mills, Inc.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Strategic Initiatives
- 10.3. Kellogg Company
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Strategic Initiatives
- 10.4. Conagra Brands, Inc.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Strategic Initiatives
- 10.5. Tyson Foods, Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Strategic Initiatives
- 10.6. Unilever
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Strategic Initiatives
- 10.7. Dr. Oetker
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Strategic Initiatives
- 10.8. Nomad Foods
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Strategic Initiatives
- 10.9. Green Mill Foods
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Strategic Initiatives
- 10.10. 2 Sister Food Group
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Strategic Initiatives
Product Code: GVR-3-68038-529-8
List of Tables
- 1. Ready Meals Market - Driving Factor Market Analysis
- 2. Ready Meals Market - Restraint Factor Market Analysis
- 3. Frozen Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 4. Chilled Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 5. Canned Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 6. Shelf-stable Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7. Vegetarian Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 8. Non-vegetarian Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 9. Vegan Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 10. Ready Meals Market Estimates and Forecast through Supermarkets & Hypermarkets, 2017 - 2030 (USD Million)
- 11. Ready Meals Market Estimates and Forecast through Convenience Stores, 2017 - 2030 (USD Million)
- 12. Ready Meals Market Estimates and Forecast through Online Distribution Channel, 2017 - 2030 (USD Million)
- 13. Ready Meals Market Estimates and Forecast through Others, 2017 - 2030 (USD Million)
- 14. North America Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 15. North America Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 16. North America Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 17. North America Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 18. U.S. Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 19. U.S. Ready Meals Market Estimates and Forecast, by Product, 2017 - 2030 (USD Million)
- 20. U.S. Ready Meals Market Estimates and Forecast, by Meal Type, 2017 - 2030 (USD Million)
- 21. U.S. Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 22. Europe Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 23. Europe Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 24. Europe Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 25. Europe Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 26. Germany Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 27. Germany Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 28. Germany Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 29. Germany Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 30. U.K. Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 31. U.K. Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 32. U.K. Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 33. U.K. Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 34. France Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 35. France Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 36. France Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 37. France Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 38. Asia Pacific Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 39. Asia Pacific Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 40. Asia Pacific Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 41. Asia Pacific Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 42. China Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 43. China Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 44. China Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 45. China Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 46. Japan Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 47. Japan Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 48. Japan Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 49. Japan Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 50. India Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 51. India Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 52. India Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 53. India Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 54. Central & South America Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 55. Central & South America Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 56. Central & South America Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 57. Central & South America Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 58. Brazil Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 59. Brazil Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 60. Brazil Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 61. Brazil Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 62. Middle East & Africa Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 63. Middle East & Africa Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 64. Middle East & Africa Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 65. Middle East & Africa Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 66. South Africa Ready Meals Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 67. South Africa Ready Meals Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 68. South Africa Ready Meals Market Estimates and Forecast, By Meal Type, 2017 - 2030 (USD Million)
- 69. South Africa Ready Meals Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 70. Company Categorization
List of Figures
- 1. Ready Meals Market Segmentation
- 2. Information Procurement
- 3. Primary Research Pattern
- 4. Primary Research Approaches
- 5. Primary Research Process
- 6. Ready Meals Market - Penetration & Growth Prospect Mapping
- 7. Ready Meals Market - Value Chain Analysis
- 8. Ready Meals Market: Porter's Five Forces Analysis
- 9. Roadmap of the Ready Meals Market
- 10. Factors Influencing Consumers' Buying Decisions
- 11. Ready Meals Market: Product Share (%) Analysis, 2021 & 2030
- 12. Ready Meals Market: Meal Type Share (%) Analysis, 2021 & 2030
- 13. Ready Meals Market: Distribution Channel Share (%) Analysis, 2021 & 2030
- 14. Ready Meals Market: Regional Share (%) Analysis, 2021 & 2030
- 15. Key Ready Meals Company Market Share Analysis, 2021
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