READY TO EAT FOOD MARKET ANALYSIS

Ready to Eat Food Market, By Product Type (Meat/Poultry, Cereal Based, Vegetable Based, Others), By Packaging (Canned, Frozen/Chilled, Retort, Others), By Distribution Channel (Hypermarket/Supermarket, Convenience Stores/Departmental Stores, Specialty Stores, Online Stores), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Dec 2023
Code : CMI4309
Pages :120
Formats :
Excel and PDF
Industry : Consumer Goods

Ready To Eat Food MarketSize and Trends

The Global Ready to eat food Market is projected to reach around US$ 268.71 Billion by the end of 2030, in terms of revenue, growing at a CAGR of 7.7% during the forecast period (2023-2030).

Market Trends

Frozen and chilled meals such as frozen pizza and meals are gaining popularity across the globe. This is expected to foster the market growth of ready-to-eat food. Moreover, increasing consumption of canned meals coupled with the growing demand for dried products such as instant pasta and noodles are further anticipated upsurge the market growth over the forecast period.

Ready-to-eat food products have become a meal replacement trend among the young population due to their taste and convenience. This is expected to stimulate the market growth of the ready-to-eat. Moreover, advancements in freezing technology coupled with the increasing number of consumers visiting quick-service restaurants and mom & pop stores are again anticipated to accelerate the market growth of the ready-to-eat snacks in the near future.