The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Europe emerged as the most significant global ready meals market, with a 37% market revenue share in 2022.
The UK and France are some of the top countries that consume most ready meals. The high per capita income, busy lifestyles, and increasing number of students, singles, and working women have contributed to the increasing demand for ready meals. Additionally, the growing number of industry players introducing new varieties of ready meals to cater to the migrant student population or the native European market has augmented the market's growth. Furthermore, Europeans' food habits or staple diets can be easily replicated in ready-meal formats, which drives the market's growth.
Europe Region Ready Meals Market Share in 2022 - 37%
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The product type segment is divided into canned/preserved ready meals, chilled ready meals, frozen pizza, prepared salads, chilled pizza, dried ready meals, and frozen ready meals. The frozen pizza segment dominated the market, with a market share of around 37% in 2022. A frozen pizza is essentially a pizza that has been baked or assembled, quickly frozen, and packaged for sale. It can be found in grocery shops or supermarkets. The customer simply has to unwrap and cook it for a stipulated amount of time, any time they want. Students, employees or any other demographic group find frozen pizzas convenient, quick, delicious, and affordable. Pizzas are very popular globally. Furthermore, the consistency in taste, quality and price offered by frozen pizzas make them dominant in the product type segment. The easy accessibility, availability and affordability are the driving factors.
The end-user segment is divided into residential and food services. The residential segment dominated the market, with a market share of around 54% in 2022. The increasing number of working women has contributed to the rising demand for ready meals. Furthermore, students and working professionals living alone prefer easy, quick, affordable meals, better than fast foods. Furthermore, the rising awareness about healthy diets has prompted consumers to subscribe to healthy ready meals given the busy lifestyles which leave no time for cooking. The easy availability of ready meals and supermarkets also augments the segment's growth. Additionally, the increasing number of market layers offering a wide variety of options catering to the tastes and preferences of the audience will bode well for the segment's growth.
The distribution channel segment is divided into supermarkets/hypermarkets, convenience stores, online and others. The supermarkets/hypermarkets segment dominated the market, with a market share of around 55% in 2022. They have the necessary infrastructure to store ready meals at the specified temperatures and conditions. They offer a wide variety of ready meals with dedicated aisles and sections, giving consumers a choice, easy accessibility and enabling them to make informed decisions. The growing presence of supermarkets/hypermarkets in suburban areas tier two and three cities will also augment the market's growth.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Product Type
4.3.2. Market Attractiveness Analysis by End User
4.3.3. Market Attractiveness Analysis by Distribution Channel
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The busy lifestyles
5.3. Restraints
5.3.1. The low nutritional value of ready meals
5.4. Opportunities
5.4.1. The introduction of new variety
5.5. Challenges
5.5.1. The growing demand for fresh foods and meals
6. Global Ready Meals Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.2. Canned/Preserved Ready Meals
6.3. Chilled Ready Meals
6.4. Frozen Pizza
6.5. Prepared Salads
6.6. Chilled Pizza
6.7. Dried Ready Meals
6.8. Frozen Ready Meals
7. Global Ready Meals Market Analysis and Forecast, By End User
7.1. Segment Overview
7.2. Residential
7.3. Food Services
8. Global Ready Meals Market Analysis and Forecast, By Distribution Channel
8.1. Segment Overview
8.2. Supermarkets/Hypermarkets
8.3. Convenience Stores
8.4. Online
8.5. Others
9. Global Ready Meals Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Ready Meals Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Ready Meals Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. 2 Sisters Food Group
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Conagra Brands, Inc.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Dr. Oetker
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. General Mills, Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Green Mill Foods
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Kellogg Company
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Kerry Foods Ltd.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Nestlé
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Nomad Foods
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Unilever
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
2. Global Canned/Preserved Ready Meals Ready Meals Market, By Region, 2019-2032 (USD Billion)
3. Global Chilled Ready Meals Ready Meals Market, By Region, 2019-2032 (USD Billion)
4. Global Frozen Pizza Ready Meals Market, By Region, 2019-2032 (USD Billion)
5. Global Prepared Salads Ready Meals Market, By Region, 2019-2032 (USD Billion)
6. Global Chilled Pizza Ready Meals Market, By Region, 2019-2032 (USD Billion)
7. Global Dried Ready Meals Ready Meals Market, By Region, 2019-2032 (USD Billion)
8. Global Frozen Ready Meals Ready Meals Market, By Region, 2019-2032 (USD Billion)
9. Global Ready Meals Market, By End User, 2019-2032 (USD Billion)
10. Global Residential Ready Meals Market, By Region, 2019-2032 (USD Billion)
11. Global Food Services Ready Meals Market, By Region, 2019-2032 (USD Billion)
12. Global Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
13. Global Supermarkets/Hypermarkets Ready Meals Market, By Region, 2019-2032 (USD Billion)
14. Global Convenience Stores Ready Meals Market, By Region, 2019-2032 (USD Billion)
15. Global Online Ready Meals Market, By Region, 2019-2032 (USD Billion)
16. Global Others Ready Meals Market, By Region, 2019-2032 (USD Billion)
17. Global Ready Meals Market, By Region, 2019-2032 (USD Billion)
18. North America Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
19. North America Ready Meals Market, By End User, 2019-2032 (USD Billion)
20. North America Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
21. U.S. Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
22. U.S. Ready Meals Market, By End User, 2019-2032 (USD Billion)
23. U.S. Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
24. Canada Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
25. Canada Ready Meals Market, By End User, 2019-2032 (USD Billion)
26. Canada Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
27. Mexico Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
28. Mexico Ready Meals Market, By End User, 2019-2032 (USD Billion)
29. Mexico Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
30. Europe Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
31. Europe Ready Meals Market, By End User, 2019-2032 (USD Billion)
32. Europe Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
33. Germany Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
34. Germany Ready Meals Market, By End User, 2019-2032 (USD Billion)
35. Germany Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
36. France Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
37. France Ready Meals Market, By End User, 2019-2032 (USD Billion)
38. France Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
39. U.K. Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
40. U.K. Ready Meals Market, By End User, 2019-2032 (USD Billion)
41. U.K. Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
42. Italy Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
43. Italy Ready Meals Market, By End User, 2019-2032 (USD Billion)
44. Italy Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
45. Spain Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
46. Spain Ready Meals Market, By End User, 2019-2032 (USD Billion)
47. Spain Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
48. Asia Pacific Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
49. Asia Pacific Ready Meals Market, By End User, 2019-2032 (USD Billion)
50. Asia Pacific Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
51. Japan Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
52. Japan Ready Meals Market, By End User, 2019-2032 (USD Billion)
53. Japan Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
54. China Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
55. China Ready Meals Market, By End User, 2019-2032 (USD Billion)
56. China Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
57. India Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
58. India Ready Meals Market, By End User, 2019-2032 (USD Billion)
59. India Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
60. South America Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
61. South America Ready Meals Market, By End User, 2019-2032 (USD Billion)
62. South America Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
63. Brazil Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
64. Brazil Ready Meals Market, By End User, 2019-2032 (USD Billion)
65. Brazil Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
66. Middle East and Africa Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
67. Middle East and Africa Ready Meals Market, By End User, 2019-2032 (USD Billion)
68. Middle East and Africa Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
69. UAE Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
70. UAE Ready Meals Market, By End User, 2019-2032 (USD Billion)
71. UAE Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
72. South Africa Ready Meals Market, By Product Type, 2019-2032 (USD Billion)
73. South Africa Ready Meals Market, By End User, 2019-2032 (USD Billion)
74. South Africa Ready Meals Market, By Distribution Channel, 2019-2032 (USD Billion)
List of Figures
1. Global Ready Meals Market Segmentation
2. Ready Meals Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Ready Meals Market Attractiveness Analysis by Product Type
9. Global Ready Meals Market Attractiveness Analysis by End User
10. Global Ready Meals Market Attractiveness Analysis by Distribution Channel
11. Global Ready Meals Market Attractiveness Analysis by Region
12. Global Ready Meals Market: Dynamics
13. Global Ready Meals Market Share by Product Type (2022 & 2032)
14. Global Ready Meals Market Share by End User (2022 & 2032)
15. Global Ready Meals Market Share by Distribution Channel (2022 & 2032)
16. Global Ready Meals Market Share by Regions (2022 & 2032)
17. Global Ready Meals Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global ready meals market based on below mentioned segments:
Global Ready Meals Market by Product Type:
Global Ready Meals Market by End User:
Global Ready Meals Market by Distribution Channel:
Global Ready Meals Market by Region:
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