Market Overview:
The global semi-finished food market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for convenience foods and rising disposable income of consumers across the globe. In terms of type, pasta is expected to lead the global semi-finished food market during the forecast period, followed by vegetable, meat, and others. In terms of application, retail is expected to lead the global semi-finished food market during the forecast period, followed by food service. Regionally, North America is projected to be a leading contributor in terms of revenue share in 2018 and beyond due high demand for convenience foods from developed countries such as U.S.
Product Definition:
A semi-finished food is a food that has been partially processed and is not ready to be eaten. Semi-finished foods are often used in manufacturing or as ingredients in other foods. The importance of semi-finished foods lies in their ability to save time and labor during the food production process.
Pasta:
Pasta is a staple food in the western world. It has been traditionally used as an important ingredient for making various kinds of sauces and soups in the Italian cuisine. The growth factor of this product is that it can be cooked easily by using boiling water, which makes it suitable to be consumed across all social strata of society.
The semi-finished products market includes canned pasta, dried pasta, instant dry pasta.
Vegetable:
Vegetable is a part of raw material which includes potato, tomato, lettuce and other edible plants. The vegetable can be used in semi-finished food products such as soups, sauces or dressings. It provides natural color and taste to the food product without adding any artificial flavor.
Application Insights:
The retail application segment accounted for the largest share of over 60.0% in 2017. The product demand in this application is expected to witness a CAGR of XX% from 2018 to 2030 owing to rising consumer disposable income and awareness regarding health benefits associated with semi-finished products such as fiber, vitamins, minerals and proteins among others.
Food service is projected to be the fastest-growing application segment over the forecast period owing to increasing consumption of semi-finished food products by restaurants.
Regional Analysis:
Asia Pacific dominated the global semi-finished food market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of the global population, and thus, a high proportion of consumers. China alone accounted for more than 30% of total consumption in Asia Pacific owing to increasing per capita income among middle-class groups coupled with rising spending on food & beverage sector.
The growth can also be attributed to growing awareness regarding health benefits associated with semi-finished products such as lower calorie level, preservative free packaging and higher nutritional content. Semi-finished products are used as an ingredient in many processed foods across various categories including ready meals, snacks and desserts which have been gaining popularity across emerging economies including India due to their convenience factor along with affordability compared to fresh ingredients or whole foods that need processing or preparation time before they can be consumed by consumers.
Growth Factors:
- Increasing demand for convenience foods: The modern lifestyle is characterized by busy schedules and a lack of time to cook from scratch. This has led to an increase in demand for convenient, pre-packaged foods that can be quickly and easily prepared. Semi-finished food products fit this need perfectly, making them a popular choice among consumers.
- Rising income levels: As incomes rise around the world, consumers are able to afford more expensive items such as semi-finished food products. This is leading to increased demand for these products in developing countries as well as developed ones.
- Urbanization: As more people move into cities, they have less access to fresh produce and other ingredients necessary for cooking from scratch. This has led to an increase in demand for semi-finished food products that can be used as ingredients in home cooked meals.
Scope Of The Report
Report Attributes
Report Details
Report Title
Semi-finished Food Market Research Report
By Type
Pasta, Vegetable, Meat, Others
By Application
Retail, Food Service
By Companies
HelloFresh, Yakult Co, Blue Apron, Mr.Food, TrentoFrutta, Stefri Frischeteam Halper GmbH, Milani Foods Srl, Lider Przyprawy, Surmont Surgelati, Joyvio, Suzhou Weizhixiang Food, Hidilao, Shenzhen Debao, Xinliangji Food Technology (Beijing) Co., Ltd, Guangzhou Restaurant Group, Hema Xiansheng, Synear Food, Zhanjiang Guolian Aquatic Products
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Semi-finished Food Market Report Segments:
The global Semi-finished Food market is segmented on the basis of:
Types
Pasta, Vegetable, Meat, Others
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, Food Service
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:
- HelloFresh
- Yakult Co
- Blue Apron
- Mr.Food
- TrentoFrutta
- Stefri Frischeteam Halper GmbH
- Milani Foods Srl
- Lider Przyprawy
- Surmont Surgelati
- Joyvio
- Suzhou Weizhixiang Food
- Hidilao
- Shenzhen Debao
- Xinliangji Food Technology (Beijing) Co., Ltd
- Guangzhou Restaurant Group
- Hema Xiansheng
- Synear Food
- Zhanjiang Guolian Aquatic Products
Highlights of The Semi-finished 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:
- Pasta
- Vegetable
- Meat
- Others
- By Application:
- Retail
- Food Service
- 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 Semi-finished 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?
Semi-finished food is food that has been partially cooked or processed, but not fully. It can include items such as breaded chicken nuggets, pre-made pizzas, and frozen meals.
Some of the major players in the semi-finished food market are HelloFresh, Yakult Co, Blue Apron, Mr.Food, TrentoFrutta, Stefri Frischeteam Halper GmbH, Milani Foods Srl, Lider Przyprawy, Surmont Surgelati, Joyvio, Suzhou Weizhixiang Food, Hidilao, Shenzhen Debao, Xinliangji Food Technology (Beijing) Co., Ltd, Guangzhou Restaurant Group, Hema Xiansheng, Synear Food, Zhanjiang Guolian Aquatic Products.
The semi-finished 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 Semi-finished 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 Semi-finished Food Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Semi-finished 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 Semi-finished 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 Semi-finished Food Market Size & Forecast, 2020-2028
4.5.1 Semi-finished Food Market Size and Y-o-Y Growth
4.5.2 Semi-finished Food Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Pasta
5.2.2 Vegetable
5.2.3 Meat
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Food Service
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Semi-finished 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 Semi-finished 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Pasta
9.6.2 Vegetable
9.6.3 Meat
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Food Service
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Pasta
10.6.2 Vegetable
10.6.3 Meat
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Food Service
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Pasta
11.6.2 Vegetable
11.6.3 Meat
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Food Service
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Pasta
12.6.2 Vegetable
12.6.3 Meat
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Food Service
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Pasta
13.6.2 Vegetable
13.6.3 Meat
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Food Service
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 Semi-finished Food Market: Competitive Dashboard
14.2 Global Semi-finished Food Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HelloFresh
14.3.2 Yakult Co
14.3.3 Blue Apron
14.3.4 Mr.Food
14.3.5 TrentoFrutta
14.3.6 Stefri Frischeteam Halper GmbH
14.3.7 Milani Foods Srl
14.3.8 Lider Przyprawy
14.3.9 Surmont Surgelati
14.3.10 Joyvio
14.3.11 Suzhou Weizhixiang Food
14.3.12 Hidilao
14.3.13 Shenzhen Debao
14.3.14 Xinliangji Food Technology (Beijing) Co., Ltd
14.3.15 Guangzhou Restaurant Group
14.3.16 Hema Xiansheng
14.3.17 Synear Food
14.3.18 Zhanjiang Guolian Aquatic Products
