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Less expertise and lesser time for cooking in the current hectic lifestyle is letting the industry to expect a surging growth - Bonafide Research
Featured Companies
1. Nestle SA
2. The Kraft Heinz Company
3. Aryzta AG
4. General mills Inc.
5. Ajinomoto Co. Inc
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The report titled “Global Frozen Ready Meal Products Market By Value, By Region (North America, Europe, Asia-Pacific, Latin America, Middle-East, Africa, (Trend & Forecast) Outlook, 2025” gives a complete insight into the market performance of ready meal products and its growth globally. People globally have developed the habit of consuming convenience meals, which have diverted their attention towards prepared or pre-prepared foods. This has been due to a change in consumer lifestyles over the last few years. People are more attracted to conventional foods such as canned, frozen, chilled food, etc. Continuous busy lifestyle and limited time available for cooking in a hectic work schedule have inclined consumers toward the consumption of ready-to-make frozen food. Companies are also coming up with meal kits, which also include mixed dinner to attract working women who not get sufficient time for cooking a full meal. This report provides a detailed analysis of the performance of ready meals globally along with historical and forecasted analysis including the top profiled companies. This segment contains veg and non-veg meals, frozen pizza, frozen chapattis, etc. that are very much popular among the consumers as it provides a diverse menu with a convenient preparation. These products are packed in hygienic conditions to ensure zero contamination and an improved shelf life. As the number of working people has increased, the necessity to save time in food preparation also increased; which is profitable for the marketers. This growing adaption in the market will surely let the frozen meal products to grow with an expected CAGR of above 5% in the forecasted period till 2025. Owing to this increasing demand, the manufacturers have been mainly focusing on the nutritional contents, microbiological safety, and other measures while preparing frozen food. The frozen ready meal market has been dominated by the top three regions namely North America, Europe, Asia- Pacific, apart from that the growth in the Middle-East region being at a developing. Different components influencing the market are the- changing food utilization designs, expanding urbanization, less time, and more disposable income. The availability of ready meals has increased which is largely supported by the distribution through the supermarket and hypermarket and the online platforms as it has made it easy to reach. Major companies present in the market Aryzta AG, General Mills Inc., Kraft Heinz Company, Ajinomoto Co. Inc, Nestle S.A., Flowers Foods, Kerry Group Considered for the report: • Geography: Global • Base year: 2019 • Estimated year: 2020 • Forecasted year: 2025 Aspects covered in this report • Global frozen ready meal market with its value and forecast along with its segments • Country-wise frozen ready meal market analysis • Various divers and challenges • Ongoing trends and developments • Five force models • Top profiled companies • Strategic recommendation Regions covered in the report • North America • Europe • South America • Asia-Pacific • Middle-East & Africa Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to frozen ready meal products industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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