Global Ready To Eat Food Market Size is valued at USD 415.6 Billion in 2024 and is predicted to reach USD 884.5 Billion by the year 2034 at a 8.2% CAGR during the forecast period for 2025-2034.
Food ready-to-eat is growing increasingly popular in industrialized nations, where consumption is higher than in poor nations. A gradual departure from the conventional paradigm of daily cooking has been brought about by the rise in the number of workers in developing nations like China and India, as well as the tendency toward longer and more erratic workweeks which drives market growth. Furthermore, strong demand for frozen ready-to-eat food results from rising convenience trends and a corresponding surge in demand for certain meal options. Since it provides everything from frozen desserts to appetizers and meals, the food and beverage business is seen as a one-stop shop for consumers on the go.
Moreover, young people and Millennials are the easiest demographics to sell to with ready-to-eat food. Additionally, new apps that make it easier for customers to choose their favorite products and online grocery shopping are two of the most current advancements in the sector which accelerate the market growth.
The ready to eat food market is based on product and distributional channels. Based on product, the ready to eat food market is segmented as instant breakfast/cereals, meat products, instant soups and snacks, ready meals, baked goods, and other product types. The market is segmented by application into hypermarkets/supermarkets, convenience stores, online retail stores, and other distribution channels.
The baked goods category will hold a major share of the global Ready to Eat Food market in 2022. A crucial segment of the ready-to-eat food market is baked goods. These products cover a wide range of foods such as bread, pastries, cakes, cookies, and muffins that don't require any additional baking or preparation and are fully cooked and ready for eating. Because they are readily available and convenient, baked foods are well-liked in the ready-to-eat food market. These goods are readily available from supermarkets, bakeries, or internet retailers, and consumers can consume them immediately without further baking or cooking.
The online category is projected to grow rapidly in the global market. The overall demand for brands of pre-packaged meals has increased via Internet channels. Online delivery is a key factor in the industry's growth and is offered by major supermarkets and hypermarkets, including Walmart, Target, and Aldi. Many supermarkets have started offering the same packed meal brands independently or in collaboration with cloud kitchens.
The North American region ready to eat food market is projected to register a tremendous market share in revenue shortly. The region's product demand is driven by customers' changing food tastes due to rising health consciousness and worries about food safety. Additionally, pre-packaged vegan, gluten-free, and organic foods are valuable for consumer trust and perceptions of healthfulness.
The popularity of ready-to-eat meals is rising due to their mobility, convenience, and accessibility to new options. In addition, the Asia Pacific region is anticipated to develop rapidly in the global ready to eat food because of the expanding target population in the area. Additionally, rising consumer disposable income and increased knowledge of ready-meal items foster industry expansion. Furthermore, the demand for pre-packaged meals will benefit from rising living standards and quick industrialization in developing nations like India.
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 415.6 Billion |
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Revenue Forecast In 2034 |
USD 884.5 Billion |
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Growth Rate CAGR |
CAGR of 8.2% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Mn,and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
Product And Distributional Channels |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; South East Asia |
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Competitive Landscape |
Nomad Foods Ltd General Mills, Inc., McCain Foods Limited, Nestlé S.A., Premier Foods Group Limited, Conagra Brands, Inc., Amy's Kitchen, Dr. August Oetker Nahrungsmittel KG, Campbell Soup Company and The Kraft Heinz Company. |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Ready to Eat Food Market Snapshot
Chapter 4. Global Ready to Eat Food Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis of Metaverse Industry
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. COVID-19 Impact on Metaverse Industry
Chapter 5. Market Segmentation 1: By Product Type Estimates & Trend Analysis
5.1. By Product Type & Market Share, 2024-2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Product Type:
5.2.1. Instant Breakfast/Cereals
5.2.2. Instant Soups and Snacks
5.2.3. Ready Meals
5.2.4. Baked Goods
5.2.5. Meat Products
5.2.6. Other Product Types
Chapter 6. Market Segmentation 2: By Distribution Channel Estimates & Trend Analysis
6.1. By Product Type & Market Share, 2024-2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Distribution Channel:
6.2.1. Hypermarkets/Supermarkets
6.2.2. Convenience Stores
6.2.3. Online Retail Stores
6.2.4. Other Distribution
Chapter 7. Ready to Eat Food Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Ready to Eat Food Market revenue (US$ Million) estimates and forecasts By Product Type, 2021-2034
7.1.2. North America Ready to Eat Food Market revenue (US$ Million) estimates and forecasts By Distribution Channel, 2021-2034
7.1.3. North America Ready to Eat Food Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
7.1.3.1. U.S.
7.1.3.2. Canada
7.2. Europe
7.2.1. Europe Ready to Eat Food Market revenue (US$ Million) by By Product Type, 2021-2034
7.2.2. Europe Ready to Eat Food Market revenue (US$ Million) estimates and forecasts By Distribution Channel, 2021-2034
7.2.3. Europe Ready to Eat Food Market revenue (US$ Million) by country, 2021-2034
7.2.3.1. Germany
7.2.3.2. Poland
7.2.3.3. France
7.2.3.4. Italy
7.2.3.5. Spain
7.2.3.6. UK
7.2.3.7. Rest of Europe
7.3. Asia Pacific
7.3.1. Asia Pacific Ready to Eat Food Market revenue (US$ Million) by By Product Type, 2021-2034
7.3.2. Asia Pacific Ready to Eat Food Market revenue (US$ Million) estimates and forecasts By Distribution Channel, 2021-2034
7.3.3. Asia Pacific Ready to Eat Food Market revenue (US$ Million) by country, 2021-2034
7.3.3.1. China
7.3.3.2. India
7.3.3.3. Japan
7.3.3.4. Australia
7.3.3.5. Rest of Asia Pacific
7.4. Latin America
7.4.1. Latin America Ready to Eat Food Market revenue (US$ Million) by By Product Type, 2021-2034
7.4.2. Latin America Ready to Eat Food Market revenue (US$ Million) estimates and forecasts By Distribution Channel, 2021-2034
7.4.3. Latin America Ready to Eat Food Market revenue (US$ Million) by country, (US$ Million) 2021-2034
7.4.3.1. Brazil
7.4.3.2. Rest of Latin America
7.5. Middle East & Africa
7.5.1. Middle East & Africa Ready to Eat Food Market revenue (US$ Million) by By Product Type, (US$ Million)
7.5.2. Middle East & Africa Ready to Eat Food Market revenue (US$ Million) estimates and forecasts By Distribution Channel, 2021-2034
7.5.3. Middle East & Africa Ready to Eat Food Market revenue (US$ Million) by country, (US$ Million) 2021-2034
7.5.3.1. South Africa
7.5.3.2. GCC Countries
7.5.3.3. Rest of MEA
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Nomad Foods Ltd
8.2.2. General Mills, Inc.
8.2.3. McCain Foods Limited
8.2.4. Nestlé S.A.
8.2.5. Premier Foods Group Limited
8.2.6. Conagra Brands, Inc.
8.2.7. Amy's Kitchen
8.2.8. Dr. August Oetker Nahrungsmittel KG
8.2.9. Campbell Soup Company
8.2.10. The Kraft Heinz Company
Ready to Eat Food Market By Product Type
Ready to Eat Food Market By Distribution Channel
Ready to Eat Food Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
