Market Overview:
The global ready-to-cook food market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for convenience foods and the rising trend of online grocery shopping. The global ready-to-cook food market can be segmented on the basis of type into low moisture food, medium moisture food, and high moisture food. The low moisture segment is projected to account for the largest share of the global ready-to-cook food market in 2018. This segment is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its growing popularity among consumers as it helps preserve freshness and flavor for a longer time period than other types of ready-to-eat foods.
Product Definition:
Ready-to-cook food is a food that has been precooked and then frozen or refrigerated. It can be microwaved, baked, or cooked on the stove. Ready-to-cook food is important because it saves time in the kitchen.
Low Moisture Food:
Low moisture food is a product that contains less than 20% of water by weight. It can be dry or semi-moist. The food products such as dehydrated meals, vacuum-packed foods, and freeze-dried foods are included in this category. These products have gained popularity owing to their convenience and longer shelf life which helps consumers to save time during meal preparation.
Medium Moisture Food:
Medium moisture food is a product that contains more than 20% of water content. It can be used as a main ingredient in the preparation of ready-to-cook (RTC) meals and also as an ingredient in side dishes. Medium moisture food helps to maintain the freshness and color of vegetables and fruits for a longer period, which makes it suitable for use in RTC products.
Application Insights:
The retail segment dominated the global ready-to-cook food market in 2017, accounting for more than 50.0% share of the overall revenue. The growth can be attributed to increasing consumer preference for convenience products as well as rapid urbanization and industrialization leading to growing demand for packaged foods across the globe. Furthermore, a rise in e-commerce has further facilitated easy access to various products through online channels thereby boosting product sales at retail stores globally.
The superstore and hypermarket segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to factors such as expansion of existing store portfolio by prominent players such as Wal-Mart Stores Inc., Carrefour S.A., Ahold USA Inc., etc.
Regional Analysis:
North America dominated the market in 2017 owing to high demand for RTC food products from U.S. and Canada, which are majorly consumed by the consumers aged between 25 and 44 years. Asia Pacific is expected to be the fastest-growing regional market over the forecast period due to increasing disposable income levels, changing lifestyles of individuals coupled with rising awareness regarding ready-to-eat foods among working professionals in countries such as China and India.
The European region accounted for a significant share of revenue in 2017 owing to growing consumer preference towards healthy ready-to-eat meals that are easy to prepare at home rather than dining out or ordering fast food items from restaurants or delivery services such as Uber Eats or Foodora etc.
Growth Factors:
- Increasing disposable income of the population: The disposable income of the population is increasing, which is resulting in an increase in demand for ready-to-cook food products.
- Rise in working women population: There has been a rise in the number of working women over the past few years, and this is leading to an increase in demand for convenient food options.
- Proliferation of nuclear families: The number of nuclear families is increasing rapidly, and this is leading to a rise in demand for ready-to-cook food products that are easy to prepare and consume.
- Increase in awareness about healthy eating habits: There has been a significant increase in awareness about healthy eating habits among consumers over the past few years, which is resulting in an increased demand for healthier ready-to-cook food options. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Ready-to-Cook Food Market Research Report
By Type
Low Moisture Food, Medium Moisture Food, High Moisture Food
By Application
Retail, Supermarket and Hypermarket, Online, Others
By Companies
MTR Foods, Gits, Kohinoor, Nevil Foods, McCain Foods (India), Prabhat Poultry, DEEPTHI FOODS AND FORMULATIONS, Godrej Tyson Foods, Nestle (Maggi), ITC India, General Mills, ADF Foods, Haldiram’s
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 Ready-to-Cook Food Market Report Segments:
The global Ready-to-Cook Food market is segmented on the basis of:
Types
Low Moisture Food, Medium Moisture Food, High Moisture Food
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
Retail, Supermarket and Hypermarket, Online, Others
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:
- MTR Foods
- Gits
- Kohinoor
- Nevil Foods
- McCain Foods (India)
- Prabhat Poultry
- DEEPTHI FOODS AND FORMULATIONS
- Godrej Tyson Foods
- Nestle (Maggi)
- ITC India
- General Mills
- ADF Foods
- Haldiram’s
Highlights of The Ready-to-Cook 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:
- Low Moisture Food
- Medium Moisture Food
- High Moisture Food
- By Application:
- Retail
- Supermarket and Hypermarket
- Online
- Others
- 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 Ready-to-Cook 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Ready-to-cook food is packaged and ready to eat, such as canned goods, boxed meals, frozen foods and microwaveable meals.
Some of the key players operating in the ready-to-cook food market are MTR Foods, Gits, Kohinoor, Nevil Foods, McCain Foods (India), Prabhat Poultry, DEEPTHI FOODS AND FORMULATIONS, Godrej Tyson Foods, Nestle (Maggi), ITC India, General Mills, ADF Foods, Haldiram’s.
The ready-to-cook food market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ready-to-Cook 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 Ready-to-Cook Food Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ready-to-Cook 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 Ready-to-Cook 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 Ready-to-Cook Food Market Size & Forecast, 2018-2028
4.5.1 Ready-to-Cook Food Market Size and Y-o-Y Growth
4.5.2 Ready-to-Cook Food Market Absolute $ Opportunity
Chapter 5 Global Ready-to-Cook 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 Ready-to-Cook Food Market Size Forecast by Type
5.2.1 Low Moisture Food
5.2.2 Medium Moisture Food
5.2.3 High Moisture Food
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ready-to-Cook 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 Ready-to-Cook Food Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Supermarket and Hypermarket
6.2.3 Online
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ready-to-Cook 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 Ready-to-Cook 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 Ready-to-Cook Food Analysis and Forecast
9.1 Introduction
9.2 North America Ready-to-Cook 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 Ready-to-Cook Food Market Size Forecast by Type
9.6.1 Low Moisture Food
9.6.2 Medium Moisture Food
9.6.3 High Moisture Food
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 Ready-to-Cook Food Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Supermarket and Hypermarket
9.10.3 Online
9.10.4 Others
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 Ready-to-Cook Food Analysis and Forecast
10.1 Introduction
10.2 Europe Ready-to-Cook 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 Ready-to-Cook Food Market Size Forecast by Type
10.6.1 Low Moisture Food
10.6.2 Medium Moisture Food
10.6.3 High Moisture Food
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 Ready-to-Cook Food Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Supermarket and Hypermarket
10.10.3 Online
10.10.4 Others
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 Ready-to-Cook Food Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ready-to-Cook 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 Ready-to-Cook Food Market Size Forecast by Type
11.6.1 Low Moisture Food
11.6.2 Medium Moisture Food
11.6.3 High Moisture Food
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 Ready-to-Cook Food Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Supermarket and Hypermarket
11.10.3 Online
11.10.4 Others
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 Ready-to-Cook Food Analysis and Forecast
12.1 Introduction
12.2 Latin America Ready-to-Cook 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 Ready-to-Cook Food Market Size Forecast by Type
12.6.1 Low Moisture Food
12.6.2 Medium Moisture Food
12.6.3 High Moisture Food
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 Ready-to-Cook Food Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Supermarket and Hypermarket
12.10.3 Online
12.10.4 Others
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) Ready-to-Cook Food Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ready-to-Cook 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) Ready-to-Cook Food Market Size Forecast by Type
13.6.1 Low Moisture Food
13.6.2 Medium Moisture Food
13.6.3 High Moisture Food
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) Ready-to-Cook Food Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Supermarket and Hypermarket
13.10.3 Online
13.10.4 Others
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 Ready-to-Cook Food Market: Competitive Dashboard
14.2 Global Ready-to-Cook Food Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MTR Foods
14.3.2 Gits
14.3.3 Kohinoor
14.3.4 Nevil Foods
14.3.5 McCain Foods (India)
14.3.6 Prabhat Poultry
14.3.7 DEEPTHI FOODS AND FORMULATIONS
14.3.8 Godrej Tyson Foods
14.3.9 Nestle (Maggi)
14.3.10 ITC India
14.3.11 General Mills
14.3.12 ADF Foods
14.3.13 Haldiram’s
