Perishable Prepared Food Market Report 2025

This Perishable Prepared Food market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The perishable prepared food market size has grown strongly in recent years. It will grow from $109.36 billion in 2024 to $118.89 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to urbanization, the rise of dual-income households, the expansion of retail channels, the globalization of cuisine, and plant-based and alternative proteins.

The perishable prepared food market size is expected to see strong growth in the next few years. It will grow to $166.1 billion in 2029 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to health and wellness trends, the rise of online food delivery services, the focus on premium and artisanal products, government initiatives and regulations, and changing consumer lifestyles. Major trends in the forecast period include innovations in packaging, advancements in food preservation technologies, global flavors and fusion cuisine, subscription-based meal services, and blockchain technology for supply chain transparency.

The expansion of the perishable prepared food market can be attributed to the growth of emerging markets, rising disposable income, and enhanced earning capacity. The anticipated increase in disposable income is expected to further drive the growth of the perishable prepared food market in the future. Disposable income is defined as the amount of money available for spending and saving after income taxes have been deducted. As disposable income rises, consumers' purchasing power increases, leading to changes in their eating habits and a heightened demand for perishable prepared food. For example, the Bureau of Economic Analysis (BEA), a US-based government agency that provides official macroeconomic and industry statistics, reported that disposable personal income per capita in the United States rose from $57,339 in November 2022 to $61,047 in November 2023. Thus, the increase in disposable income is a significant factor driving the growth of the perishable prepared food market.

The burgeoning expansion of the e-commerce industry is expected to act as a catalyst for the growth of the perishable prepared food market. E-commerce, facilitating the exchange of goods and services over electronic networks, particularly the Internet, serves as a pivotal platform for the distribution of perishable prepared foods. This digital platform offers consumers a convenient avenue to order and receive fresh meals, significantly expanding market reach and streamlining food delivery logistics. According to the International Trade Administration, consumer e-commerce accounted for 30% of the UK's overall retail sector in September 2022, marking a considerable increase from 20% in 2020, with an annual e-commerce revenue exceeding $120 billion, thereby propelling the growth of the perishable prepared food market.

Technological innovations stand out as a prominent trend shaping the perishable prepared food market. Key market players are pioneering novel packaging technologies like Cascades Fresh to maintain their market presence. For instance, in 2021, Cascades, a Canadian perishable goods packaging company, introduced Cascades Fresh, an eco-friendly packaging and recycling solution designed explicitly for producers, packers, and retailers. This innovation ensures the extended storage of perishable prepared foods, aligning with evolving market demands for sustainability and hygiene.

Major companies operating in the perishable prepared food market are intensifying their focus on launching same-day food delivery services to gain a competitive advantage. Same-day food delivery services entail ordering and receiving meals within a few hours from restaurants or food providers. For instance, in March 2022, JustMyRoots, an India-based food delivery company, pioneered same-day intercity delivery of perishable food items, setting a precedent as the first brand in India to offer this service. Specializing in delivering food within 24 hours from cities nationwide, the company bridges people to their culinary heritage, sourcing iconic dishes from restaurants and heritage shops, catering to evolving consumer preferences for quick and convenient food access.

In October 2024, Atalanta Corp., a food importer based in New Jersey that specializes in meats, cheeses, groceries, and frozen seafood, announced its acquisition of Big Picture Foods for an undisclosed amount. This acquisition is anticipated to strengthen Atalanta's product portfolio while expanding Big Picture Foods' market presence. Big Picture Foods is a US-based company known for producing naturally fermented organic Mediterranean products, including olives, peppers, and capers.

Perishable prepared food encompasses the production of items prone to spoilage if not stored at low temperatures, including peeled or cut fruits and vegetables, processed food, and pre-made meals. These food items are susceptible to decay or spoilage if not refrigerated or frozen.

Within the category of perishable prepared food, key types include peeled or cut fruits and vegetables, processed food, prepared meals, and other perishable variants. Peeled or cut fruits and vegetables are those that have been processed for ease of consumption. These products are distributed both online and offline and find applications in various sectors such as confectionery and bakery, jams and preserves, fruit-based beverages, dairy products, and others.

The perishable prepared food market research report is one of a series of new reports that provides perishable prepared food market statistics, including perishable prepared food industry global market size, regional shares, competitors with a perishable prepared food market share, detailed perishable prepared food market segments, market trends and opportunities, and any further data you may need to thrive in the perishable prepared food industry. This perishable prepared food market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Major companies operating in the perishable prepared food market include Reser`s Fine Foods, Taylor Fresh Foods, Bakkavör Group, Nestlé S.A., Conagra Brands Inc., Tyson Foods, Hormel Foods Corporation, General Mills, Campbell Soup Company, JBS USA Holdings Inc., Smithfield Foods, Maple Leaf Foods, McCain Foods, Rich Products Corporation, Schwan's Company, Sandridge Food Corporation, Greencore Group, Grupo Bimbo, Flowers Foods, Aryzta AG, OSI Group, Pilgrim's Pride, Seaboard Corporation, Cargill Inc., Perdue Farms, The Kraft Heinz Company.

Asia-Pacific was the largest region in the perishable prepared food market in 2024.The regions covered in the perishable prepared food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa. The countries covered in the perishable prepared food market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The perishable prepared food market includes revenues earned by entities by protecting nutrients and getting rid of bad bacteria in salads, sandwiches, and prepared meals. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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