PUBLISHER: MarketLine | PRODUCT CODE: 1901447
PUBLISHER: MarketLine | PRODUCT CODE: 1901447
Global Prepared Meals industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Prepared meals market includes the retail sales of meal kits, pizza, and ready meals.
By distribution channel, the market is segmented into independent stores, supermarkets, hypermarkets, food & drinks specialists, and others. The scope of others includes e-commerce, convenience stores, discounters, etc.
All market data and forecasts are based on nominal prices and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global prepared meals market recorded revenues of $130,076.8 million in 2024, representing a compound annual growth rate (CAGR) of 4.8% between 2019-24.
Market consumption volume increased with a CAGR of 3.9% between 2019-24, reaching a total of 15,848.6 million kilograms in 2024.
The global prepared meals market registered healthy growth during 2019-24, primarily driven by the shifting consumer lifestyles, increased demand for convenience, and the pandemic-induced rise in at-home consumption.