Global Ready To Eat Food Overview
Ready to Eat Food Market was valued at US$ 210.9 Billion in 2024 and is projected to grow at a CAGR of 9.7% to reach US$ 489.3 Billion by 2034.
Ready to eat foods are food products that require no further processing to ensure their safety. These are packaged cooked food. According to FDA (Food and Drug Administration) safety regulations to avoid foodborne diseases, refrigerator should be set at 40 degrees Fahrenheit for opened meat meal packages. Dairy products have variation in its storage requirements. These food products have been prepared according to food code requirements.
Global Ready To Eat Food Dynamics
Changing customer preferences towards instant food, coupled with numerous food delivery apps are major factors driving growth of the global ready to eat food market. In addition, rising disposable income across the globe, along with busy lifestyle of working class consumers are propelling growth of the global ready to eat food market. Furthermore, growing employment in urban areas in turn creating demand for ready to eat food which is supporting target market growth. However, increasing health consciousness among the individuals is one of the major restraining factor hampering growth of the global ready to eat food market. Innovative product offerings in functional ingredients, convenience, and organic foods across the globe are expected to create lucrative growth in the target market.
Global Ready To Eat Food Segmentation
Ready to eat food market has been segmented on the basis of product, packaging, distribution channel, and region.
On the basis of product, the target market is classified into meat and poultry, fruits and vegetable, cereal, and snacks. Based on packaging type, the target market is bifurcated into canned, frozen or chilled, and retort. On the basis of distribution channel, the target market is categorized into hypermarket/supermarket, convenience/departmental store, specialty store, and online store.
Regional Insights:
On the basis of region, the ready to eat food market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the ready to eat fast food market in terms of revenue. The U.S is the largest market in North America due to technological innovations, busy lifestyles, and high disposable incomes in the country which is leading to drive demand for ready to eat food products. The market in Europe region is expected to hold significant share in the global ready to eat food market and expected to register lucrative growth rate over the forecast period. Asia Pacific ready to eat food market is expected to register fastest growth in terms of revenue as compared to that of other regions. This is due to increasing adoption for ready to eat food in emerging economies such as India, China in this region.
Global Ready To Eat Food Key Players
Key players in the ready to eat food market includes Nomad Foods Ltd., McCain Foods, Bakkavor Foods Ltd., ConAgra Foods Ltd., Premier Foods Group Ltd., Orkla ASA, General Mills Inc., Greencore Group Plc., ITC Limited, and 2 Sisters Food Group Limited.
Global Ready To Eat Food Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Packaging Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Market Segmentation, By Product Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Meat and Poultry
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Fruits and Vegetable
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Cereal
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Snacks
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Packaging Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Canned
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Frozen or Chilled
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Retort
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Distribution Channel, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Hypermarket/Supermarket
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Convenience/Departmental Store
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Specialty Store
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Online Store
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Packaging Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Packaging Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Packaging Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Packaging Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Packaging Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Nomad Foods Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- McCain Foods
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bakkavor Foods Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ConAgra Foods Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- premier Foods Group Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Orkla ASA.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- General Mills In.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Greencore Group Plc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ITC Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- 2 Sisters Food Group Limited.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
Global Ready To Eat Food Highlights
FAQs
Ready to eat food market has been segmented on the basis of product, packaging, distribution channel, and region.
Changing customer preferences towards instant food, coupled with numerous food delivery apps are major factors driving the growth of the global ready to eat food market.
North America dominates the ready to eat the fast-food market in terms of revenue. The U.S is the largest market in North America due to technological innovations, busy lifestyles, and high disposable incomes in the country which is leading to drive demand for ready to eat food products.