Ready-to-eat Food Market report provides top to bottom assessment of the market with respect to income and developing business sector. It encompasses several market dynamics while also evaluating the growth rate and the market value based on market dynamics and growth inducing factors. It is mainly explored under four major areas which are market definition, market segmentation, competitive analysis and research methodology. It also covers strategic profiling of the major players in the market, comprehensive analysis of their fundamental competencies, and thereby keeping competitive landscape of the market in front of the client.
Global Ready to Eat Food Market is expected to rise to an estimated value of USD 219,693.73 million by 2026, registering a CAGR of 8.50% during the forecast period of 2019-2026. This rise in market value can be attributed to rising need of plant protein amid rising amount of health concerns and veganism worldwide.
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Ready to eat food is plant and animal derived food that is initially washed, then cooked after which it is frozen and processed to be consumed after heating directly. This process saves energy and time of consumers. People now prefer to eat nutritional small quantity of ready to eat food instead of traditional large meals due to their busy lifestyle.
Major Key players profiled in this report are:
Nomad Foods Ltd., Bakkavor Foods Ltd., General Mills Inc., McCain Foods., Premier Foods Group Ltd., 2 Sisters Food Group., Greencore Group Plc., Orkla ASA, ConAgra Foods Inc., Teleflex Incorporated, Birds Eye Ltd., Findus Group Ltd., ITC Limited, Nestle, Conagra Brands, Inc., Unilever, The Kraft Heinz Company., CSC Brand LP., Hormel Foods Corporation., Tyson Foods, Inc., Fleury Michon, Grupo Herdez Food Services, Greencore Group plc
Major Market Drivers:
- Rapid urbanization and high disposable income is expected to drive the market growth
- Lack of time to cook at home due to busy schedules is also expected to drive the market growth
- Poor sensory properties of ready-to-eat food is expected to restrain the market growth
- Rising health consciousness among the consumers is also expected to restrain the market growth
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
- Company Landscape
- Company Profiles
- Related Reports
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This market report comprises of an all-inclusive market data that makes it easy for the industry to take strategic decisions and attain growth objectives. The market analysis carried out in this report underlines various segments that are relied upon to witness the quickest development based on the estimated forecast frame. It has been generated by keeping in mind all the vital aspects of the market research that simply brings market landscape into focus. CAGR value fluctuations for the forecast period of 2018-2025 can also be gained with the market report.
Segmentation: Global Ready to Eat Food Market
- By Product- Meat/Poultry Product, Cereal Based Product, Vegetable Based Products, Others
- By Packaging- Canned, Frozen or Chilled, Retort, Others
- By Distribution Channel- Hypermarket/Supermarket, Convenience/Departmental Store, Specialty Store, Online Store
- North America
- South America
- Middle East & Africa
Global ready to eat food market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ready to eat food market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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