Product Code: PM2464
The global ready meals market size is expected to reach USD 219.43 billion by 2030 according to a new study by Polaris Market Research. The report "Ready Meals Market Share, Size, Trends, Industry Analysis Report, By Product (Chilled, Frozen, Shelf-stable, Canned); By Meal Type (Vegan, Vegetarian, Non-vegetarian); By Distribution Channel; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The industry is primarily driven by the product's extended storage lifetime as a result of adequate packing and widespread accessibility. Furthermore, because of increasing hectic work schedules and shifting lifestyles, customers are gravitating towards packaged foods that can be consumed quickly and effortlessly, which has increased the demand for packed ready-to-eat food items and is expected to increase throughout the forecast period.
Convenience meals are gaining prominence, and they are made up of fully or half-cooked dishes that require minimal time to make, no cooking expertise, and negligible exertion. Moreover, the digitization surge and vigorous ads regarding cooked foods on different communication platforms help raise consumer knowledge, which in turn is expected to propel the ready meals industry throughout the forecast period.
The non- vegetarian segment is expected to hold a significant share in the industry over the forecast period due to increasing demand for fresh hygiene non-vegetarian food items. However, the vegan segment is anticipated to grow at a considerable pace due to rising trends in healthy food coupled with increasing concerns regarding animal welfare.
The North American region is expected to dominate the industry throughout the forecast period due to the increasing adoption of convenience food coupled with the growing demand for high-quality packed food due to busy lifestyles. Furthermore, increasing trends in veganism and gluten-free products are expected to contribute to the regional development.
Market players operating in the global ready meals such as Chao Xiang Yuan Food Co. Ltd., Associated British Foods Plc, Dr. Oetker, Pepsico., Conagra Foods Inc., General Mills, Green Mill Food, Graham Packaging Company, Greencore Group Plc, Kerry Group, Kraft Heinz Company, Grupo Bimbo, Kellogg Company, McCain Foods Limited, Maple Leaf Foods, Nestle, Premier Foods Plc, Tyson Foods, Inc, Tetra Pak International S.A., Unilever, and WestRock Company.
Polaris market research has segmented the ready meals market report based product, meal type, distribution channel, and region:
Ready Meals, Product Outlook (Revenue - USD Billion, 2018 - 2030)
Chilled
Frozen
Shelf-stable
Canned
Ready Meals, Meal Type Outlook (Revenue - USD Billion, 2018 - 2030)
Vegan
Vegetarian
Non-vegetarian
Ready Meals, Distribution Channel Outlook (Revenue - USD Billion, 2018 - 2030)
Convenience Stores
Supermarkets & Hypermarkets
Online
Others
Ready Meals, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
France
Germany
UK
Italy
Netherlands
Russia
Spain
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Ready Meals Market Insights
- 4.1. Ready Meals - Industry Snapshot
- 4.2. Ready Meals Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing preference of consumers toward packaged food
- 4.2.1.2. Busy schedule of consumers
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Rising health issues
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Ready Meals Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Ready Meals Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 5.3. Chilled
- 5.3.1. Global Ready Meals Market, by Chilled, by Region, 2018 - 2030 (USD Billion)
- 5.4. Frozen
- 5.4.1. Global Ready Meals Market, by Frozen, by Region, 2018 - 2030 (USD Billion)
- 5.5. Shelf-stable
- 5.5.1. Global Ready Meals Market, by Shelf-stable, by Region, 2018 - 2030 (USD Billion)
- 5.6. Canned
- 5.6.1. Global Ready Meals Market, by Canned, by Region, 2018 - 2030 (USD Billion)
6. Global Ready Meals Market, by Meal Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 6.3. Vegan
- 6.3.1. Global Ready Meals Market, by Vegan, by Region, 2018 - 2030 (USD Billion)
- 6.4. Vegetarian
- 6.4.1. Global Ready Meals Market, by Vegetarian, by Region, 2018 - 2030 (USD Billion)
- 6.5. Non-vegetarian
- 6.5.1. Global Ready Meals Market, by Non-vegetarian, by Region, 2018 - 2030 (USD Billion)
7. Global Ready Meals Market, by Distribution Channel
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 7.3. Convenience Stores
- 7.3.1. Global Ready Meals Market, by Convenience Stores, by Region, 2018 - 2030 (USD Billion)
- 7.4. Supermarkets & Hypermarkets
- 7.4.1. Global Ready Meals Market, by Supermarkets & Hypermarkets, by Region, 2018 - 2030 (USD Billion)
- 7.5. Online
- 7.5.1. Global Other Ready Meals Market, by Online, by Region, 2018 - 2030 (USD Billion)
- 7.6. Others
- 7.6.1. Global Other Ready Meals Market, by Region, 2018 - 2030 (USD Billion)
8. Global Ready Meals Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Ready Meals Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 8.3. Ready Meals Market - North America
- 8.3.1. North America: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.3.2. North America: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.3.3. North America: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.3.4. Ready Meals Market - U.S.
- 8.3.4.1. U.S.: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.3.4.2. U.S.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.3.4.3. U.S.: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.3.5. Ready Meals Market - Canada
- 8.3.5.1. Canada: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.3.5.2. Canada.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.3.5.3. Canada: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.4. Ready Meals Market - Europe
- 8.4.1. Europe: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.2. Europe.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.4.3. Europe: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.4.4. Ready Meals Market - UK
- 8.4.4.1. UK: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.4.2. UK.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.4.4.3. UK: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.4.5. Ready Meals Market - France
- 8.4.5.1. France: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.5.2. France.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.4.5.3. France: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.4.6. Ready Meals Market - Germany
- 8.4.6.1. Germany: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.6.2. Germany.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.4.6.3. Germany: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.4.7. Ready Meals Market - Italy
- 8.4.7.1. Italy: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.7.2. Italy.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.4.7.3. Italy: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.4.8. Ready Meals Market - Spain
- 8.4.8.1. Spain: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.8.2. Spain.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.4.8.3. Spain: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.4.9. Ready Meals Market - Netherlands
- 8.4.9.1. Netherlands: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.9.2. Netherlands.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.4.9.3. Netherlands: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.4.10. Ready Meals Market - Russia
- 8.4.10.1. Russia: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.10.2. Russia.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.4.10.3. Russia: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.5. Ready Meals Market - Asia Pacific
- 8.5.1. Asia Pacific: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.2. Asia Pacific.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.5.3. Asia Pacific: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.5.4. Ready Meals Market - China
- 8.5.4.1. China: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.4.2. China.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.5.4.3. China: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.5.5. Ready Meals Market - India
- 8.5.5.1. India: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.5.2. India.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.5.5.3. India: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.5.6. Ready Meals Market - Malaysia
- 8.5.6.1. Malaysia: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.6.2. Malaysia.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.5.6.3. Malaysia: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.5.7. Ready Meals Market - Japan
- 8.5.7.1. Japan: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.7.2. Japan.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.5.7.3. Japan: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.5.8. Ready Meals Market - Indonesia
- 8.5.8.1. Indonesia: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.8.2. Indonesia.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.5.8.3. Indonesia: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.5.9. Ready Meals Market - South Korea
- 8.5.9.1. South Korea: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.9.2. South Korea.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.5.9.3. South Korea: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.6. Ready Meals Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.6.2. Middle East & Africa.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.6.3. Middle East & Africa: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.6.4. Ready Meals Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.6.4.3. Saudi Arabia: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.6.5. Ready Meals Market - UAE
- 8.6.5.1. UAE: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.6.5.2. UAE.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.6.5.3. UAE: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.6.6. Ready Meals Market - Israel
- 8.6.6.1. Israel: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.6.6.2. Israel.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.6.6.3. Israel: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.6.7. Ready Meals Market - South Africa
- 8.6.7.1. South Africa: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.6.7.2. South Africa.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.6.7.3. South Africa: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.7. Ready Meals Market - Latin America
- 8.7.1. Latin America: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.7.2. Latin America.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.7.3. Latin America: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.7.4. Ready Meals Market - Mexico
- 8.7.4.1. Mexico: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.7.4.2. Mexico.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.7.4.3. Mexico: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.7.5. Ready Meals Market - Brazil
- 8.7.5.1. Brazil: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.7.5.2. Brazil.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.7.5.3. Brazil: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.7.6. Ready Meals Market - Argentina
- 8.7.6.1. Argentina: Ready Meals Market, by Product, 2018 - 2030 (USD Billion)
- 8.7.6.2. Argentina.: Ready Meals Market, by Meal Type, 2018 - 2030 (USD Billion)
- 8.7.6.3. Argentina: Ready Meals Market, by Distribution Channel, 2018 - 2030 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Associated British Foods Plc
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Chao Xiang Yuan Food Co. Ltd
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Conagra Foods Inc
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Dr. Oetker
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Pepsico
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. General Mills
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Graham Packaging Company
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Green Mill Food
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Greencore Group Plc
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Grupo Bimbo
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Kerry Group
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Kraft Heinz Company
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Kellogg Company
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Maple Leaf Foods
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. McCain Foods Limited
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. Nestle
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development
- 10.17. Premier Foods Plc
- 10.17.1. Company Overview
- 10.17.2. Financial Performance
- 10.17.3. Product Benchmarking
- 10.17.4. Recent Development
- 10.18. Tetra Pak International S.A
- 10.18.1. Company Overview
- 10.18.2. Financial Performance
- 10.18.3. Product Benchmarking
- 10.18.4. Recent Development
- 10.19. Tyson Foods, Inc
- 10.19.1. Company Overview
- 10.19.2. Financial Performance
- 10.19.3. Product Benchmarking
- 10.19.4. Recent Development
- 10.20. Unilever
- 10.20.1. Company Overview
- 10.20.2. Financial Performance
- 10.20.3. Product Benchmarking
- 10.20.4. Recent Development
- 10.21. WestRock Company
- 10.21.1. Company Overview
- 10.21.2. Financial Performance
- 10.21.3. Product Benchmarking
- 10.21.4. Recent Development