Market Overview:
The global perishable prepared 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, the processed food segment is expected to dominate the global perishable prepared food market during the forecast period, followed by peeled or cut fruits and vegetables and prepared meals segments. The processed food segment is projected to grow at a CAGR of 6% during 2018-2030. In terms of application, snacks are projected to be one of fastest growing applications in global perishable prepared food market with a CAGR of 6%.
Product Definition:
Perishable prepared food is a type of food that has been cooked and is not able to be stored for long periods of time. This type of food needs to be eaten or frozen within a few days. Perishable prepared food is important because it can provide people with nutrients that they need to stay healthy.
Peeled or Cut Fruits and Vegetables:
Peeled or cut fruits and vegetables are those products which have been skinned, removed from the stem or vein, and then chopped. The process of peeling removes the outermost layer of each fruit & vegetable to reveal a lighter color interior. This process also allows farmers to maximize their production by removing unwanted parts (pores) without affecting the nutritional value of food items.
Processed Food:
Processed food is generally made up of ingredients that are preserved by cooking at a high temperature. The process does not alter the basic nutritional content of the food. Some processed foods contain added sugar or salt, flavorings, and colorings for taste enhancement.
The global processed food industry has been witnessing significant growth over the past few years on account of changing consumer preferences towards convenience foods in light of hectic lifestyles and work culture.
Application Insights:
The food application segment led the global perishable prepared food market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for fruits, vegetables, salads, and other ready-to-eat foods across various end-use industries including hotels/restaurants, institutional kitchens/foodservice providers, airlines/travelers meals caterers). Snacks are also expected to witness significant growth owing to rising consumer disposable income levels coupled with growing awareness regarding health & wellness issues.
Intermediate products such as sauces puddings ice creams toppings are widely used in numerous applications such as bakery confectionery and snacks which is likely to propel their demand globally over the coming years. These products have a high potential of becoming an integral part of several cuisines hence will continue being popular among consumers around the world leading towards higher product consumption globally during this period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for more than 40% of the world population, and thus, it has a huge consumer base that can be potentially reached out to with innovative products. Furthermore, increasing disposable income levels coupled with rising awareness about health are some factors driving demand from developed countries such as U.S., Canada and Germany among others in Asia Pacific region which will result into increased exports from these countries over the next eight years.
Growth Factors:
- Increasing demand for convenience foods: The modern lifestyle is characterized by busy schedules and a lack of time to cook meals from scratch. This has led to a growing demand for convenient, pre-packaged and pre-prepared foods that can be easily prepared or eaten on the go. The perishable prepared food market is expected to benefit from this trend as consumers increasingly seek out products that are both healthy and convenient.
- Rising disposable incomes: A growing middle class population in developing countries is driving up disposable incomes, which in turn is fueling demand for premium perishable prepared food products. In addition, rising consumer awareness about the health benefits of eating fresh fruits and vegetables is also contributing to the growth of this market.
- Growing urbanization: Rapid urbanization across the globe is leading to an increase in the number of people living in cities, where access to quality food options is often limited. This provides opportunities for players operating in the perishable prepared food market as consumers are increasingly turning towards these products as a means of satisfying their nutritional needs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Perishable Prepared Food Market Research Report
By Type
Peeled or Cut Fruits and Vegetables, Processed Food, Prepared Meals, Other
By Application
Food, Snacks, Intermediate Products, Other
By Companies
AdvancePierre Foods, Ready Pac, Reser's Fine Foods, Taylor Fresh Foods, Bakkavör Group, ConAgra, Fleury Michon, Kraft Heinz, General Mills, McCain Foods
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Perishable Prepared Food Market Report Segments:
The global Perishable Prepared Food market is segmented on the basis of:
Types
Peeled or Cut Fruits and Vegetables, Processed Food, Prepared Meals, Other
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
Food, Snacks, Intermediate Products, 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:
- AdvancePierre Foods
- Ready Pac
- Reser's Fine Foods
- Taylor Fresh Foods
- Bakkavör Group
- ConAgra
- Fleury Michon
- Kraft Heinz
- General Mills
- McCain Foods
Highlights of The Perishable Prepared 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:
- Peeled or Cut Fruits and Vegetables
- Processed Food
- Prepared Meals
- Other
- By Application:
- Food
- Snacks
- Intermediate Products
- 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 Perishable Prepared 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?
Perishable prepared food is any food that must be stored in a refrigerated or frozen environment to remain safe and edible. This includes items like meat, poultry, seafood, produce, dairy products and bakery goods.
Some of the major players in the perishable prepared food market are AdvancePierre Foods, Ready Pac, Reser's Fine Foods, Taylor Fresh Foods, BakkavƒÂ¶r Group, ConAgra, Fleury Michon, Kraft Heinz, General Mills, McCain Foods.
The perishable prepared food market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Perishable Prepared Food Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Perishable Prepared Food Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Perishable Prepared Food Market - Supply Chain
4.5. Global Perishable Prepared Food Market Forecast
4.5.1. Perishable Prepared Food Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Perishable Prepared Food Market Size (000 Units) and Y-o-Y Growth
4.5.3. Perishable Prepared Food Market Absolute $ Opportunity
5. Global Perishable Prepared Food Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Perishable Prepared Food Market Size and Volume Forecast by Type
5.3.1. Peeled or Cut Fruits and Vegetables
5.3.2. Processed Food
5.3.3. Prepared Meals
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Perishable Prepared Food Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Perishable Prepared Food Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Snacks
6.3.3. Intermediate Products
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Perishable Prepared Food Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Perishable Prepared Food Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Perishable Prepared Food Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Perishable Prepared Food Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Perishable Prepared Food Demand Share Forecast, 2019-2026
9. North America Perishable Prepared Food Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Perishable Prepared Food Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Perishable Prepared Food Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Snacks
9.4.3. Intermediate Products
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Perishable Prepared Food Market Size and Volume Forecast by Type
9.7.1. Peeled or Cut Fruits and Vegetables
9.7.2. Processed Food
9.7.3. Prepared Meals
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Perishable Prepared Food Demand Share Forecast, 2019-2026
10. Latin America Perishable Prepared Food Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Perishable Prepared Food Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Perishable Prepared Food Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Snacks
10.4.3. Intermediate Products
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Perishable Prepared Food Market Size and Volume Forecast by Type
10.7.1. Peeled or Cut Fruits and Vegetables
10.7.2. Processed Food
10.7.3. Prepared Meals
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Perishable Prepared Food Demand Share Forecast, 2019-2026
11. Europe Perishable Prepared Food Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Perishable Prepared Food Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Perishable Prepared Food Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Snacks
11.4.3. Intermediate Products
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Perishable Prepared Food Market Size and Volume Forecast by Type
11.7.1. Peeled or Cut Fruits and Vegetables
11.7.2. Processed Food
11.7.3. Prepared Meals
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Perishable Prepared Food Demand Share, 2019-2026
12. Asia Pacific Perishable Prepared Food Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Perishable Prepared Food Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Perishable Prepared Food Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Snacks
12.4.3. Intermediate Products
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Perishable Prepared Food Market Size and Volume Forecast by Type
12.7.1. Peeled or Cut Fruits and Vegetables
12.7.2. Processed Food
12.7.3. Prepared Meals
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Perishable Prepared Food Demand Share, 2019-2026
13. Middle East & Africa Perishable Prepared Food Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Perishable Prepared Food Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Perishable Prepared Food Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Snacks
13.4.3. Intermediate Products
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Perishable Prepared Food Market Size and Volume Forecast by Type
13.7.1. Peeled or Cut Fruits and Vegetables
13.7.2. Processed Food
13.7.3. Prepared Meals
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Perishable Prepared Food Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Perishable Prepared Food Market: Market Share Analysis
14.2. Perishable Prepared Food Distributors and Customers
14.3. Perishable Prepared Food Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AdvancePierre Foods
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ready Pac
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Reser's Fine Foods
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Taylor Fresh Foods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bakkavör Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ConAgra
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fleury Michon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kraft Heinz
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. General Mills
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. McCain Foods
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook