Market Overview

Global Ready-to-Eat Food Market Analysis & Forecasts 2018-2023: Projected to Grow at a CAGR of 21.8% - ResearchAndMarkets.com

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The "Global
Ready-to-Eat Food Market - Growth, Trends, and Forecast (2018 - 2023)"

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The global ready-to-eat food market is expected to grow at a 21.8% CAGR
during the forecast period 2018-2023.

The ready-to-eat food products do not require elaborate processing
before consumption and save the time and energy of consumers. Currently,
ready-to-eat food is the largest segment in the overall conventional and
non-conventional food industry. This segment is growing at a fast pace
as a result of the high consumer acceptance for such food globally.

The improving consumer lifestyle, rapid urbanization, and high
disposable income are increasing demand for on the go convenience foods,
thereby fuelling the ready-to-eat food market growth. Changing food
consumption behavior among consumers, increased willingness to spend on
such food and the lack of time to cook at home are a result of the rapid
urbanization. Urbanization also helps in increasing the disposable
income, which increases the food expenditure of the final consumer.

The rising health consciousness among the consumers and sometimes poor
sensory properties of ready-to-eat food can restrain the growth of the
ready-to-eat food market. Innovative products in functional ingredients,
convenience, and organic foods and advancement in areas of packaging
technology are expected provide a future growth opportunity in the
sector.

The Meat/Poultry segment is projected to account for the largest value
share during the forecast period, this segment is estimated to account
for 48% value share in 2016.

Based on distributional channels, the market is segmented into
hypermarkets, supermarkets, convenience stores, departmental stores,
specialty stores, and online purchases. Hypermarket and supermarket
segment is estimated to account for the highest value share of 37% in
2016 and is expected to gain significant market share by the end of 2023.

Key Topics Covered

1. Introduction

2. Market Insights

3. Market Dynamics

4. Market Segmentation

5. Regional Market Analysis

6. Competitive Landscape

7. Company Profiles

  • Bakkavor Foods Ltd.
  • Birds Eye Ltd.
  • ConAgra Foods Inc.
  • Findus Group Ltd.
  • General Mills
  • Greencore Group PLC
  • ITC Limited
  • McCain Foods
  • Nomad Foods Ltd.
  • Orkla ASA
  • Premier Foods Group Ltd.
  • Sisters Food Group

For more information about this report visit https://www.researchandmarkets.com/research/j9xnmr/global?w=4

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