Global Ready Meals Market Report assists the Industry experts, analysts and business decision makers to isolate the current market scenario, opportunities, upcoming market trends and pricing analysis. The Ready Meals Market report provides crucial information about the market, including Opinions from Industry experts, and the recent progressions and developments of the Ready Meals industry.
The Ready Meals market report gives Analysis of incomes, limits and benefits of Key Manufacturers including the market holdings, offers of units, income dispersion, and the measures that have been taken to overcome the issues faced.
The global ready meals market, valued at USD 194.06 billion in 2016 is expected to register a CAGR of more than 13.6% during the forecast period. Nestle, one of the prominent vendors of ready meals, has a global market value of more than USD 7 billion.
Global Ready Meals Market Dynamics
Convenience, due to high-speed cooking time, makes ready meals ideal for working professionals. Cost-effectiveness as compared to restaurant food, urbanization, and an increase in population drives this market. Though health concerns restrain the market, the perception of consumers towards ready meals has been improving constantly. The introduction of healthy ready meals and low carbon, biodegradable barrier tray packaging – which maintain the quality and increase the shelf life of products are supporting the market. The need for constant innovation is a challenge for the manufacturers.
Global Ready Meals Market Segmentation
The global ready meals market has been segmented on the basis of product type into frozen ready meals, chilled, canned, and dried ready meals. Frozen ready meals dominate the global market with a share of more than 52%. On the basis of price, the standard ready meals segment is dominant. Supermarkets/hypermarkets lead the distribution channel in the global scenario.
Europe dominates the global market with a predicted market value of more than USD 45 billion, due to the introduction of healthy ready meals. The U.K., Germany, France, Spain, and Russia are the major markets for ready meals in Europe. North America is the next big market with the U.S. being the major consumer. In the Asia-Pacific region, the ready meals market is expected to grow rapidly with India and China becoming the major markets in the region.
Major players â CONAGRA BRANDS INC., HORMEL FOODS CORPORATION, ICELAND FOODS LTD., JBS, KRAFT HEINZ, MCCAIN FOODS LTD., NESTLÃ S.A., PINNACLE FOODS, INC., SMITHFIELD FOODS, INC., THE CAMPBELL SOUP COMPANY, TYSON FOODS, INC. and UNILEVER, among others.
Reasons to Purchase this Report
â¢ Analyzing outlook of the market with the recent trends and Porters five forces analysis
â¢ Market Dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
â¢ Market Segmentation analysis, including qualitative & quantitative research incorporating the impact of economic & non-economic aspects
â¢ Regional and Country level analysis integrating the demand and supply forces that are influencing the growth of the market
â¢ Competitive Landscape involving the market share of Major players, along with the key strategies adopted for development in the past five years
â¢ Comprehensive company profiles covering the product offerings, key financial information,
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Top Ready Meals Manufacturers Covered in this report:
- Conagra Brands Inc.
- Hormel Foods Corporation
- Iceland Foods Ltd.
- Kraft Heinz
- McCain Foods Ltd.
- NestlÃ© S.A.
- Pinnacle Foods
- Smithfield Foods
- The Campbell Soup Company
- Tyson Foods
Significance of Ready Meals Market report:
- Know more about Ready Meals industry plans that are now being comprised by major manufacturers in the market.
- The assessed growth rate of Ready Meals by size & share on the forecast period 2018-2023.
- The unique aspects anticipated to induce Ready Meals market for its forecasted period of 2023.
- To understand the Ready Meals industry scenario and its prospects.
- Strategies of leading Ready Meals Industry players for evolving the plans for success in today’s competitive market.
Reasons to Purchase this Report
Price of Report: $ 4250 (Single User License)
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In the end the Ready Meals Market report presents all the necessary data required to form resulting yielding business strategies for Industry experts, analysts and business decision makers to decide their business strategies and achieve proposed business aims.