Prepared Food Trends and Forecast
The future of the global prepared food market looks promising with opportunities in the supermarket & hypermarket and convenience store markets. The global prepared food market is expected to reach an estimated $185.4 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are rising demand for convenience and ready-made foods and growing consumer demand for organic and healthful food products.Prepared Food by Segment
The study includes a forecast for the global prepared food by meal type, product, end use, and region.Prepared Food Market by Meal Type [Shipment Analysis by Value from 2018 to 2030]:
- Vegetarian
- Non-Vegetarian
- Vegan
Prepared Food Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Frozen
- Chilled
- Canned
- Dried
Prepared Food Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Supermarkets & Hypermarkets
- Convenience Stores
- Others
Prepared Food Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Prepared Food Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies prepared food companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the prepared food companies profiled in this report include:- Kerry Group
- Kraft Heinz Company
- Nomad Foods
- Green Mill Restaurants
- Tutila Ahara
- BRF
- ConAgra Brand
- Regal Kitchen Foods
- FiveStar Gourmet Foods
- Nestle
Prepared Food Market Insights
The publisher forecasts that vegan is expected to witness the highest growth over the forecast period.Within this market, supermarket & hypermarket will remain the larger segment over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Prepared Food Market
- Market Size Estimates: Prepared food market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Prepared food market size by meal type, product, end use, and region in terms of value ($B).
- Regional Analysis: Prepared food market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different meal types, products, end uses, and regions for the prepared food market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the prepared food market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the prepared food market size?Answer: The global prepared food market is expected to reach an estimated $185.4 billion by 2030.
Q2. What is the growth forecast for prepared food market?
Answer: The global prepared food market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the prepared food market?
Answer: The major drivers for this market are rising demand for convenience and ready-made foods and growing consumer demand for organic and healthful food products.
Q4. What are the major segments for prepared food market?
Answer: The future of the prepared food market looks promising with opportunities in the supermarket & hypermarket and convenience store markets.
Q5. Who are the key prepared food market companies?
Answer: Some of the key prepared food companies are as follows:
- Kerry Group
- Kraft Heinz Company
- Nomad Foods
- Green Mill Restaurants
- Tutila Ahara
- BRF
- ConAgra Brand
- Regal Kitchen Foods
- FiveStar Gourmet Foods
- Nestle
Answer: The publisher forecasts that vegan is expected to witness the highest growth over the forecast period.
Q7. In prepared food market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the prepared food market by meal type (vegetarian, non-vegetarian, and vegan), product (frozen, chilled, canned, and dried), end use (supermarkets & hypermarkets, convenience stores, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Prepared Food Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Kerry Group
- Kraft Heinz Company
- Nomad Foods
- Green Mill Restaurants
- Tutila Ahara
- BRF
- ConAgra Brand
- Regal Kitchen Foods
- FiveStar Gourmet Foods
- Nestle
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
LOADING...
