Market Overview:
The global ready-to-eat food market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market is segmented by type, application and region. The frozen & chilled ready meals segment is expected to dominate the global ready-to-eat food market in terms of revenue share during the forecast period 2018-2030. This can be attributed to the increasing demand for convenience foods and rising disposable income of consumers across the globe.
Product Definition:
RTE food is a food that is ready to be eaten without any further cooking. This can include prepared foods that only need to be heated up, like frozen dinners, or meals that are cooked and then cooled down so they can be stored in the fridge or freezer. Having RTE food available means you don't have to spend as much time cooking when you're hungry, which can save you money and make it easier to stick to a healthy diet.
Frozen & Chilled Ready Meals:
The global frozen & chilled ready meals market size was valued at USD 39.98 billion in 2015 and is expected to witness significant growth over the next seven years owing to increasing working population, changing lifestyle of consumers and growing preference for convenience food products across the world. The industry has witnessed a shift in consumer preferences from conventional meat-based diet towards protein rich vegetarian diet which will further propel demand for such products over the forecast period.
Canned Ready Meals:
Canned ready meals are highly convenient and time-saving food products. They are a one-step process of cooking that requires little or no additional ingredients. These foods have a longer shelf life than home cooked meals, which makes them more appealing to consumers who prefer eating food prepared from familiar brands. The increasing number of working individuals is expected to be the key factor driving demand for these products over the next few years.
Application Insights:
The supermarkets/hypermarkets application segment led the market and accounted for more than 54.0% share of the global revenue in 2017. The growing penetration of this channel is attributed to increasing disposable income among working class people, especially in emerging economies such as China, India and Brazil. Moreover, rising demand for packaged food products by hypermarket/supermarket chains is expected to drive the product demand over the forecast period.
The independent retailer application segment was valued at USD 2.50 billion in 2017 and is expected to witness significant growth over the forecast period owing to increased convenience store opening across developed countries including U.S., Germany, France and U.K.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for more than 35% of the total revenue share in 2017, which can be attributed to increasing awareness regarding RTE food products, growing middle-class population, and rising disposable income. Furthermore, changing lifestyles and increasing preference for ready-to-eat foods are anticipated to drive demand across this region.
Growth Factors:
- Increasing disposable income of the population: The disposable income of the population is increasing, which is resulting in an increase in the demand for RTE food products.
- Urbanization and changing lifestyles: The trend of urbanization is leading to a change in the lifestyle of people, who are now preferring convenience foods over traditional home-cooked meals.
- Rising number of working women: There has been a rise in the number of working women in recent years, who do not have enough time to cook meals at home and are thus increasingly opting for RTE food products.
- Growing awareness about healthy eating habits: There has been a growing awareness among people about healthy eating habits, which is resulting in an increase in demand for healthier RTE food products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dinner Ready-to-Eat (RTE) Food Market Research Report
By Type
Frozen & Chilled Ready Meals, Canned Ready Meals, Dried Ready Meals
By Application
Supermarkets/Hypermarkets, Independent Retailers, Convenience Stores, Other
By Companies
General Mills Inc., Findus Group, The Kraft Heinz Company Ltd., Unilever NV, Tyson Food Inc., Sigma Alimentos S.A de C.V., Greencore Group Plc., Nestle SA, Hormel Food Corporation, Smithfield Food Inc, ITC Limited, JBS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Dinner Ready-to-Eat (RTE) Food Market Report Segments:
The global Dinner Ready-to-Eat (RTE) Food market is segmented on the basis of:
Types
Frozen & Chilled Ready Meals, Canned Ready Meals, Dried Ready Meals
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets/Hypermarkets, Independent Retailers, Convenience Stores, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Mills Inc.
- Findus Group
- The Kraft Heinz Company Ltd.
- Unilever NV
- Tyson Food Inc.
- Sigma Alimentos S.A de C.V.
- Greencore Group Plc.
- Nestle SA
- Hormel Food Corporation
- Smithfield Food Inc
- ITC Limited
- JBS
Highlights of The Dinner Ready-to-Eat (RTE) Food Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Frozen & Chilled Ready Meals
- Canned Ready Meals
- Dried Ready Meals
- By Application:
- Supermarkets/Hypermarkets
- Independent Retailers
- Convenience Stores
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dinner Ready-to-Eat (RTE) Food Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dinner RTE food is pre-packaged and ready to eat, such as canned goods, boxed meals, frozen dinners.
Some of the major companies in the dinner ready-to-eat (rte) food market are General Mills Inc., Findus Group, The Kraft Heinz Company Ltd., Unilever NV, Tyson Food Inc., Sigma Alimentos S.A de C.V., Greencore Group Plc., Nestle SA, Hormel Food Corporation, Smithfield Food Inc, ITC Limited, JBS.
The dinner ready-to-eat (rte) food market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dinner Ready-to-Eat (RTE) Food Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Dinner Ready-to-Eat (RTE) Food Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Dinner Ready-to-Eat (RTE) Food Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Dinner Ready-to-Eat (RTE) Food Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Dinner Ready-to-Eat (RTE) Food Market Size & Forecast, 2018-2028 4.5.1 Dinner Ready-to-Eat (RTE) Food Market Size and Y-o-Y Growth 4.5.2 Dinner Ready-to-Eat (RTE) Food Market Absolute $ Opportunity
Chapter 5 Global Dinner Ready-to-Eat (RTE) Food Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Type
5.2.1 Frozen & Chilled Ready Meals
5.2.2 Canned Ready Meals
5.2.3 Dried Ready Meals
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Dinner Ready-to-Eat (RTE) Food Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Applications
6.2.1 Supermarkets/Hypermarkets
6.2.2 Independent Retailers
6.2.3 Convenience Stores
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dinner Ready-to-Eat (RTE) Food Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Dinner Ready-to-Eat (RTE) Food Analysis and Forecast
9.1 Introduction
9.2 North America Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Type
9.6.1 Frozen & Chilled Ready Meals
9.6.2 Canned Ready Meals
9.6.3 Dried Ready Meals
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Applications
9.10.1 Supermarkets/Hypermarkets
9.10.2 Independent Retailers
9.10.3 Convenience Stores
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Dinner Ready-to-Eat (RTE) Food Analysis and Forecast
10.1 Introduction
10.2 Europe Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Type
10.6.1 Frozen & Chilled Ready Meals
10.6.2 Canned Ready Meals
10.6.3 Dried Ready Meals
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Applications
10.10.1 Supermarkets/Hypermarkets
10.10.2 Independent Retailers
10.10.3 Convenience Stores
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Dinner Ready-to-Eat (RTE) Food Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Type
11.6.1 Frozen & Chilled Ready Meals
11.6.2 Canned Ready Meals
11.6.3 Dried Ready Meals
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Applications
11.10.1 Supermarkets/Hypermarkets
11.10.2 Independent Retailers
11.10.3 Convenience Stores
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Dinner Ready-to-Eat (RTE) Food Analysis and Forecast
12.1 Introduction
12.2 Latin America Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Type
12.6.1 Frozen & Chilled Ready Meals
12.6.2 Canned Ready Meals
12.6.3 Dried Ready Meals
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Applications
12.10.1 Supermarkets/Hypermarkets
12.10.2 Independent Retailers
12.10.3 Convenience Stores
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Dinner Ready-to-Eat (RTE) Food Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Type
13.6.1 Frozen & Chilled Ready Meals
13.6.2 Canned Ready Meals
13.6.3 Dried Ready Meals
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Dinner Ready-to-Eat (RTE) Food Market Size Forecast by Applications
13.10.1 Supermarkets/Hypermarkets
13.10.2 Independent Retailers
13.10.3 Convenience Stores
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dinner Ready-to-Eat (RTE) Food Market: Competitive Dashboard
14.2 Global Dinner Ready-to-Eat (RTE) Food Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Mills Inc.
14.3.2 Findus Group
14.3.3 The Kraft Heinz Company Ltd.
14.3.4 Unilever NV
14.3.5 Tyson Food Inc.
14.3.6 Sigma Alimentos S.A de C.V.
14.3.7 Greencore Group Plc.
14.3.8 Nestle SA
14.3.9 Hormel Food Corporation
14.3.10 Smithfield Food Inc
14.3.11 ITC Limited
14.3.12 JBS