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Prepared Meals in North America

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    Report

  • 42 Pages
  • October 2024
  • Region: North America
  • MarketLine
  • ID: 6034331
Prepared Meals in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The Prepared meals market consists of the retail sale of ready meals, chilled & frozen pizzas and meal kits, which only require heating before serving or provided with prepared ingredients which are then combined to an individual's preference when being cooked. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
  • The North American Prepared Meals market had total revenues of $57.02 billion in 2023, representing a compound annual growth rate (CAGR) of 6.9% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 4.5% between 2018 and 2023, to reach a total of 6.19 billion kilograms in 2023.
  • The performance of the market is forecast to accelerate, with an anticipated CAGR of 8% for the five-year period 2023-2028, which is expected to drive the market to a value of $83.62 billion by the end of 2028.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the prepared meals market in North America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the prepared meals market in North America
  • Leading company profiles reveal details of key prepared meals market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the North America prepared meals market with five year forecasts

Reasons to Buy

  • What was the size of the North America prepared meals market by value in 2023?
  • What will be the size of the North America prepared meals market in 2028?
  • What factors are affecting the strength of competition in the North America prepared meals market?
  • How has the market performed over the last five years?
  • What are the main segments that make up North America's prepared meals market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the North American prepared meals market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
7.4. Which companies market shares have suffered in the last 5 years (2018-2023)?
7.5. What are the most popular brands in the North American prepared meals market?
8 Company Profiles
8.1. Nestle SA
8.2. Conagra Brands Inc
8.3. CJ Corp
8.4. The Kraft Heinz Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: North America prepared meals market value: $ million, 2018-23
Table 2: North America prepared meals market volume: million kilograms, 2018-23
Table 3: North America prepared meals market category segmentation: % share, by value, 2018-23
Table 4: North America prepared meals market category segmentation: $ million, 2018-23
Table 5: North America prepared meals market geography segmentation: $ million, 2023
Table 6: North America prepared meals market distribution: % share, by value, 2023
Table 7: North America prepared meals market value forecast: $ million, 2023-28
Table 8: North America prepared meals market volume forecast: million kilograms, 2023-28
Table 9: North America prepared meals market share: % share, by value, 2023
Table 10: Nestle SA: Key Facts
Table 11: Nestle SA: Annual Financial Ratios
Table 12: Nestle SA: Key Employees
Table 13: Nestle SA: Key Employees Continued
Table 14: Conagra Brands Inc: Key Facts
Table 15: Conagra Brands Inc: Annual Financial Ratios
Table 16: Conagra Brands Inc: Key Employees
Table 17: CJ Corp: Key Facts
Table 18: CJ Corp: Annual Financial Ratios
Table 19: CJ Corp: Key Employees
Table 20: The Kraft Heinz Co: Key Facts
Table 21: The Kraft Heinz Co: Annual Financial Ratios
Table 22: The Kraft Heinz Co: Key Employees
Table 23: North America Exchange Rate, 2018-23
List of Figures
Figure 1: North America prepared meals market value: $ million, 2018-23
Figure 2: North America prepared meals market volume: million kilograms, 2018-23
Figure 3: North America prepared meals market category segmentation: $ million, 2018-23
Figure 4: North America prepared meals market geography segmentation: % share, by value, 2023
Figure 5: North America prepared meals market distribution: % share, by value, 2023
Figure 6: North America prepared meals market value forecast: $ million, 2023-28
Figure 7: North America prepared meals market volume forecast: million kilograms, 2023-28
Figure 8: Forces driving competition in the prepared meals market in North America, 2023
Figure 9: Drivers of buyer power in the prepared meals market in North America, 2023
Figure 10: Drivers of supplier power in the prepared meals market in North America, 2023
Figure 11: Factors influencing the likelihood of new entrants in the prepared meals market in North America, 2023
Figure 12: Factors influencing the threat of substitutes in the prepared meals market in North America, 2023
Figure 13: Drivers of degree of rivalry in the prepared meals market in North America, 2023
Figure 14: North America prepared meals market share: % share, by value, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Nestle SA
  • Conagra Brands Inc
  • CJ Corp
  • The Kraft Heinz Co