Ready-to-eat Foods Market 2018 Size, Share and Demand till 2025

RTE Foods refers to Ready-to-eat Foods.

Ready to eat meal products are often referred to as “convenience food”, for the convenience they provide to the hectic life of people. They are ready made food or almost ready made food that just requires boiling. Depending on the process of production and packaging, they are segmented into canned food, frozen food and chilled food. And because the major drivers of the market aren’t specific to any region but are globally influencing the market, hence ready to eat meal products market is fast growing uphill and has become the largest market in food industry globally.

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Factors such as increasing population of working women, growing millennial population, busy work schedules, and on-the-go consumption habits are expected to fuel revenue growth of the global ready-to-eat food products market. Also, the increase in disposable income and consumer preferences for healthy and convenient food coupled with the rising demand for snacks and fried food products are expected to further boost the demand for ready-to-eat food products. Globally, the growth of organized retail has led to a widespread supply of ready-to-eat food products through a wide distribution network. These factors are expected to bolster the growth of the global ready-to-eat food products market in the coming years. However, unhealthy substitutes and low quality and taste along with an increasing shift towards a healthier lifestyle is likely to hinder market growth in the coming years.

In 2017, the global Ready-to-eat Foods market size was 90100 million US$ and is forecast to 142100 million US in 2025, growing at a CAGR of 5.9% from 2018. The objectives of this study are to define, segment, and project the size of the Ready-to-eat Foods market based on company, product type, application and key regions.

This report studies the global market size of Ready-to-eat Foods in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Ready-to-eat Foods in these regions.

This research report categorizes the global Ready-to-eat Foods market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

The various contributors involved in the value chain of Ready-to-eat Foods include manufacturers, suppliers, distributors, intermediaries, and customers.

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The key manufacturers in the Ready-to-eat Foods include

Nestle

Unilever

Kraft Heinz

McCain Foods Limited

General Mills

Sigma Alimentos

Greencore Group

Campbell Soup

ConAgra

The Schwan Food

Tyson Foods

Pinnacle Foods, Inc.

Smithfield Foods

Hormel Foods

JBS

Nomad Foods

Fleury Michon

2 Sisters Food Group

ITC

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Market Size Split by Type

Frozen Dinner RTE Foods

Chilled Dinner RTE Foods

Canned Dinner RTE Foods

Market Size Split by Application

Hypermarket/Supermarket

Independent Retailers

Convenience Stores

Others

Market size split by Region:

North America: United States, Canada, Mexico

Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, Vietnam

Europe: Germany, France, UK, Italy, Spain, Russia

Central & South America: Brazil, Rest of Central & South America

Middle East & Africa: GCC Countries, Turkey, Egypt, South Africa

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Posted by Rahul Jadhav on Monday October 01 2018, 5:30 AM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0