Ready-to-Eat Food Market Scope and Key Players Analysis by 2028
Ready-to-Eat Food Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 1,073.87 Billion |
Market Size by 2028 | US$ 1,471.94 Billion |
Global CAGR (2022 - 2028) | 5.4% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Distribution Channel Insights
Based on distribution channel, the ready-to-eat food market has been segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The online retail segment is projected to register the highest CAGR in the ready-to-eat food market during the forecast period. Online retail offers a convenient shopping experience to users, followed by simplified product delivery. Online retail stores offer a wide range of products at heavy discounts; also, consumers can conveniently buy desirable products remotely.
The key players operating in the ready-to-eat food market are Nestlé SA; Conagra Brands Inc.; The Kraft Heinz Company; General Mills Inc.; CAMPBELL SOUP COMPANY; MTR Foods Pvt Ltd.; Hormel Foods Corporation; Tyson Foods, Inc.; JBS S.A.; and The Kellogg Company. These players are engaged in developing products with reduced health risks to meet emerging consumer trends and abide by regulatory frameworks. They are involved in mergers and acquisitions, business expansions, and partnerships to expand their market share.
Report Spotlights
- Progressive industry trends in the ready-to-eat food market to help players develop effective long-term strategies
- Business growth strategies adopted to secure growth in developed and developing markets
- Quantitative analysis of the ready-to-eat food market from 2019 to 2028
- Estimation of global demand for ready-to-eat food
- Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook, and factors governing the growth of the ready-to-eat food market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- Size of the ready-to-eat food market size at various nodes
- Detailed overview and segmentation of the market and the RTE products industry dynamics
- Size of the growth in various regions with promising growth opportunities