U.S (New York)– The “Ready Meals Market” 2023 research report appears to cover various aspects of the market, including the strategies of top players, market segments, competitive landscape, manufacturing, and pricing structures. In this report, we will provide an in-depth analysis of the current state of the global Bahrain Alcoholic Beverages Market, its key drivers and challenges, and its future prospects. This study contains research on market dynamics, such as SWOT, PESTLE, and Porter’s Five Forces analysis, as well as details about drivers, constraints, trends, and opportunities. These studies may assist in providing a thorough overview of the worldwide industry. Additionally, the key segments of the industry are evaluated according to their performance.
The global ready meals market was valued at $72,257 million in 2016, and is expected to reach $146,247 million by 2023, registering a CAGR of 10.6% during the forecast period. Ready meals are defined as precooked meals that are prepared with minimum efforts. The ready meals market is characterized by the presence of large players with frequent innovations and product launch as their major strategy.Increase in demand for packaged food predominantly drives the growth of the global ready meals market. Globally, the demand for packaged food is anticipated to increase at a moderate rate due to change in lifestyle and consumer preferences for ready-to-eat food products. In addition, rise in disposable income of people is expected to boost the demand for ready meals during the analysis period.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
The report segments the global ready meals market based on type, distribution channel, and geography. On the basis of type, the market is divided into canned/preserved ready meals, chilled pizza, chilled ready meals, dried ready meals, frozen pizza, frozen ready meals, and prepared salads. By distribution channel, it is classified into store-based retailing and online retailing. The store-based retailing segment is broadly classified into supermarkets/hypermarkets, discounters, convenience stores, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Europe is expected to dominate the global ready meals market till 2023.
The prominent players in the global ready meals market have focused on product launch as their key strategy to gain significant share in the market.
KEY BENEFITS FOR STAKEHOLDERS
This report provides an extensive analysis of the current trends and emerging estimations in the global ready meals market.
In-depth analysis of the industry is conducted through market estimations of key segments from 2017 to 2023.
Comprehensive analysis of factors that drive and restrain the growth of the market is provided in the report.
Extensive analysis of the industry is conducted by following key product positioning and monitoring the top competitors within the market framework.
The key players are profiled along with their strategies to determine the competitive outlook of the market.
The key players profiled in the report are
Bakkavor Foods Ltd.
ConAgra
Greencore Group Plc.
JH Heinz Company Ltd.
Nestle SA
Fleury Michon
Unilever Group
Northern Food Ltd.
Kerry Foods Ltd.
Premier Foods Group Ltd.
Other players in the value chain include
Oetker-Gruppe
Frosta AG
Campbell Soup Co
Bofrost Dienstleistungs GmbH & Co KG
Iglo Bird’s Eye Frozen Foods
Freiberger Lebensmittel GmbH & Co KG
Hilcona AG
Gartenfrisch Jung GmbH
Bonduelle Groupe SA
General Mills Inc.
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MARKET SEGMENTATION
By Type
Canned/Preserved Ready Meals
Chilled Pizza
Chilled Ready Meals
Dried Ready Meals
Frozen Pizza
Frozen Ready Meals
Prepared Salads
By Distribution Channel
Store-based Retailing
Supermarkets/Hypermarkets
Discounters
Convenience Stores
Others
Online Retailing
By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
UK
Spain
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
KSA
South Africa
Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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