The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Ready Meals Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Ready Meals Market:
https://www.thebusinessresearchcompany.com/report/ready-meals-global-market-report
According to The Business Research Company’s Ready Meals Global Market Report 2024, The ready meals market size has grown strongly in recent years. It will grow from $168.44 billion in 2023 to $184.38 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to changing consumer lifestyles, increased urbanization, rise of single-person households, evolving eating habits, innovation in packaging and preservatives.The ready meals market size is expected to see rapid growth in the next few years. It will grow to $272.76 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%.
The increasing awareness of food products with extended shelf lives is playing a significant role in driving the growth of the ready meals market. Shelf life refers to the duration during which a product can be safely consumed while maintaining its desired qualities. Consumers are increasingly seeking out foods with longer shelf lives, such as ready meals, due to their convenience, affordability, quick preparation, and extended shelf stability. For example, according to World Technology Ingredients, Inc., extending the shelf life of food products can reduce consumer food waste by approximately 50%. Globally, around 2.8 trillion pounds of food are discarded annually, with the United States alone wasting 80 billion pounds. Therefore, the growing awareness of food products with extended shelf lives is fueling the expansion of the ready meals market.
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The ready meals market covered in this report is segmented –
1) By Product: Frozen, Chilled, Canned, Dried
2) By Distribution Channel: Supermarket / Hypermarket, Convenience Store, Online
3) By End-User: Residential, Food Services
Top Major Players
Nestlé S.A.,
PepsiCo Inc.,
JBS S.A.,
Unilever Group,
Tyson Foods Inc.
The ready meals market report table of contents includes:
1. Executive Summary
- Ready Meals Market Characteristics
- Ready Meals Market Trends And Strategies
- Ready Meals Market – Macro Economic Scenario
- Global Ready Meals Market Size and Growth
- Ready Meals Market Segmentation
- Ready Meals Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Ready Meals Market
- Ready Meals Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Ready Meals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Ready Meals Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Ready Meals Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Nestlé S.A. Financial Performance
Table 75: PepsiCo Inc. Financial Performance
Table 76: JBS S.A. Financial Performance
Table 77: Unilever Group Financial Performance
Table 78: Tyson Foods Inc. Financial Performance
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