Global Ready Meals Market Analysis and Forecast 2019 2024
Bharat Book Bureau Provides the Trending Market Research Report on "Global Ready Meals Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024"under Food & Beverage Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global Ready Meals Market is expected to grow at a CAGR of roughly 4.2% over the next five years, will reach 121400 million US$ in 2024.
Global Ready Meals Market have been introduced by the vendors as an alternative meal that is quick and cost-effective, which just requires heating before consumption. Ready Meals is packaged and is available in quantity for single or two serving. Due to the hectic lifestyles, consumers prefer Ready Meals that reduce the preparation or cooking time, thereby leading to the growth of the overall market.
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Scope of the Report:
Currently, there are many producing companies in the world Ready Meals industry, especially in North America and Europe. The main market players are Nestle, ConAgra, Unilever, Kraft Heinz.
Campbell Soup, Hormel Foods, The Schwan Food, JBS, Sigma Alimentos, Iglo Group(Nomad Foods), 2 Sisters Food Group, Tyson Foods, Fleury Michon, Grupo Herdez, Greencore Group, Maple Leaf Foods, McCain and Advanced Fresh Concepts. The propduction revenue of Ready Meals is about 104,063 Miliion USD in 2015.
Europe is the largest consumption of Ready Meals, with a sales market share nearly 34.43% in 2015.
The second place is North America region; following North America with the sales market share over 31.00%. Asia Pacific is another important consumption market of Ready Meals.
Ready Meals sales in Hypermarkets and Supermarkets, Independent Retailers and Convenience Stores. Report data showed that 60.48% of the Ready Meals market demand in Hypermarkets and Supermarkets, 18.87% in Independent Retailers, and 14.58% in Convenience Stores in 2015.
There are three kinds of Ready Meals, which are Frozen & Chilled Ready Meals, Canned Ready Meals and Dried Ready Meals. Frozen & Chilled Ready Meals sell well in the Ready Meals, with a consumption market share nearly61.91% in 2015.
Briefly speaking, in the next few years, Ready Meals industry will still be a relative highly energetic industry. Sales of Ready Meals have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
The worldwide market for Ready Meals is expected to grow at a CAGR of roughly 4.2% over the next five years, will reach 121400 million US$ in 2024, from 94900 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Ready Meals in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers:
The Schwan Food
Iglo Group(Nomad Foods)
Sisters Food Group
Maple Leaf Foods
Advanced Fresh Concepts
Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers:
Frozen & Chilled Ready Meals
Canned Ready Meals
Dried Ready Meals
Market Segment by Applications, can be divided into:
Hypermarkets and Supermarkets
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by: Prachiti Sharma