DUBLIN--(BUSINESS WIRE)--The "Global Frozen Ready Meal Products Market Outlook, 2027" report has been added to ResearchAndMarkets.com's offering.
This report gives a complete insight into the market performance of ready meal products and its growth globally. People globally have developed the habit of consuming convenience meals, which have diverted their attention towards prepared or pre-prepared foods.
Company Profiles
- Aryzta AG.
- General Mills Inc.
- Kraft Heinz Company
- Ajinomoto Co. Inc
- Nestle S.A.
- Flowers Foods
- Kerry Group
- Grupo Bimbo S.A.B. De C.V
- Mccain Foods Limited
- Tyson Foods, Inc.
- Kellogg Company
- Conagra Brands, Inc
- Nomad Foods
- Hormel Food
- Iceland Food
- Al Kabeer Group
This has been due to a change in consumer lifestyles over the last few years. Continuous busy lifestyle and limited time available for cooking in a hectic work schedule have inclined consumers toward the consumption of ready-to-make frozen food. Companies are also coming up with meal kits, which also include mixed dinner to attract working women who not get sufficient time for cooking a full meal.
This report provides a detailed analysis of the performance of ready meals globally along with historical and forecasted analysis including the top profiled companies. This growing adaption in the market will surely let the frozen ready meal products to grow with an expected CAGR of above 5% during the forecast period.
In recent years, ready-to-eat food has emerged as one of the most versatile global ready meals market segments. A rise in convenience trends and a parallel rise in demand for specific meal solutions have resulted in strong demand for frozen ready meals.
The frozen food and beverage industry is viewed as a one-stop shop for customers on the go, offering everything from frozen sweets to appetizers and meals. The growing consumer preference for convenience foods indirectly benefits the growing demand for frozen ready meal because they take less time and effort to prepare than cooking from scratch. Due to the consumers' hectic lifestyles, the processed food market is driven by a greater need for convenience. As a result, the demand for frozen goods rises. Increasing disposable income is another factor that significantly impacts the growth of the frozen ready meals market because it increases consumer purchasing power.
Owing to this increasing demand, the manufacturers have been mainly focusing on the nutritional contents, microbiological safety, and other measures while preparing frozen food. The frozen ready meal market has been dominated by the top three regions namely North America, Europe, Asia- Pacific, apart from that the growth in the Middle-East region being at a developing. Different components influencing the market are the- changing food utilization designs, expanding urbanization, less time, and more disposable income.
Covid-19 Impacts:
During the covid-19 outbreak, a large number of the population became more concerned about their health. Therefore, people are more cautious about what they eat. The danger of increased blood pressure continues since frozen ready meals include a significant concentration of preservatives and salt. The use of additive preservatives to extend the life of grocery items may operate against the frozen ready meal market's usual sales cycle. Covid-19 pandemic outbreak benefited the frozen ready meal business due to its ease.
Since many bachelors were confined towards their houses and residences, bachelors had to rely on quick and prepared meals to sustain life. Diners and other outlets were closed due to covid lockdown and social distancing conventions, which increased the market demand for frozen ready meals. For the frozen ready meal market, the post-coronavirus scenario is anticipated to bring mixed feelings. Marketers must consider consumer views, which demand high quality and reasonable price along with low health risk factors in frozen ready meals. Overall, during the forecast period, the frozen ready meal economy is predicted to rise at a stable pace.
Key Topics Covered:
1. Executive Summary
2. Report Methodology
3. Market Structure
3.1. Market Considerate
3.2. Market Definition
4. Economic /Demographic Snapshot
5. Global Frozen Food Market Outlook
5.1. Market Size By Value
5.2. Global Frozen Potato Market Outlook
5.3. Global Frozen Fruits & Vegetables Market Outlook
5.4. Global Frozen Ready Meals Market Outlook
5.5. Global Frozen Meat & Poultry Market Outlook
5.6. Global Frozen Fish/Seafood Market Outlook
5.7. Market Share
5.7.1. By Region
5.7.2. By Company
5.7.3. By Product Type
5.7.4. By Ready Meal Type
5.7.5. By Freezing Technique
5.7.6. By End User
5.7.7. By Sales Channel
6. North America Frozen Ready Meal Market Outlook
7. Europe Frozen Ready Meal Market Outlook
8. Asia-Pacific Frozen Ready Meal Market Outlook
9. Latin America Frozen Ready Meal Market Outlook
10. Middle East Frozen Ready Meal Market Outlook
11. Africa Frozen Ready Meal Market Outlook
12. Policy and Regulatory
13. Market Dynamics
13.1. Market Drivers
13.2. Market Challenges
14. Market Trends and Developments
15. Competitive Landscape
15.1. Porters Five Force Model
15.2. Company Profiles
16. Strategic Recommendations
17. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/e9afs4