United States Prepared Meals Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026

The publisher's Country Profile report on the Prepared Meals sector in the US provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.

The US prepared meals sector is led by the ready meals category in both value and volume terms in 2021. The ready meals category is also forecast to register the fastest value growth during 2021-2026. Hypermarkets & supermarkets is the leading channel for distribution of prepared meals in the country. Nestlé, ConAgra Brands Inc, and General Mills, Inc. are the leading companies in the country. Rigid plastics is the most commonly used pack material in the US prepared meals sector.

What else is contained?

• Sector data: Overall sector value and volume data with growth analysis for 2016-2026
• Category coverage: Value and growth analysis for ambient meal kits, chilled meal kits, frozen meal kits, chilled pizza, frozen pizza, ambient ready meals, chilled ready meals, dried ready meals and frozen ready meals with inputs on individual segment share within each category and the change in their market share forecast for 2021-2026
• Leading players: Market share of companies (in value terms) and private labels (in value terms) in 2021
• Distribution data: Percentage of sales within each category through distribution channels such as cash & carries & warehouse clubs, convenience stores, department stores, food & drinks specialists, hypermarkets & supermarkets, e-retailers, “dollar stores”, variety stores & general merchandise retailers, vending machines, drug stores & pharmacies, health & beauty stores and other general retailers
• Packaging data: consumption breakdown for package materials and pack types in each category, in terms of percentage share of number of units sold. Pack material data for glass, flexible packaging, rigid plastics, paper & board and rigid metal; pack type for: jar, bag/sachet, tub, stand up pouch, carton - folding, can, carton - liquid, pillow pouch, bottle, cup, aerosol, tube, tray, film, wrapper, clamshell, box, foil and other pack type, closure type for: flip/snap top, screw top, prize off, twist off, plastic tie, foil, sports cap, film, cap, lever closure, crown and other closure types, primary outer types for: carton - folding, bag, sleeve and shrink wrap

Scope

• Per capita consumption and per capita expenditure of prepared meals was higher in the US than on the global level in 2021
• The per capita consumption of ready meals was higher than other prepared meals categories in the US in 2021
• Hypermarkets & supermarkets is the leading distribution channel in the US prepared meals sector
• Private labels are growing at a higher CAGR than brands in the US prepared meals sector
• Rigid plastics accounted for a share of 665% in the US prepared meals sector in 2020

Reasons to Buy

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends