Dinner Ready-To-Eat Food Market Growth, Size, Share, Trends, and Forecast 2032

Dinner Ready-To-Eat Food Market

Dinner Ready-To-Eat Food Market By Type (canned, chilled, and frozen), By Distribution channel (e-commerce, supermarkets, specialty stores, and departmental stores) And By Region: - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts, 2024-2032

Category: Food & Beverage Report Format : PDF Report Code: ZMR-5496 Status : Upcoming
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 14.73 Billion USD 24.54 Billion 5.96% 2023

Dinner Ready-To-Eat Food Market

Description

According to the report published by Zion Market Research, the global Dinner Ready-To-Eat Food Market size was valued at USD 14.73 Billion in 2023 and is predicted to reach USD 24.54 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.96% during the forecast period. The report analyzes the global Dinner Ready-To-Eat Food Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Dinner Ready-To-Eat Food Market industry.

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Global Dinner Ready-To-Eat Food Market: Overview

Ready-to-eat food is defined as the plant or animal-derived raw items that are cooked and washed for hot holding and processing. It is then frozen to consume directly or after heating. Pre-cooked food items are convenient and quick to prepare. These food items are more common in working people and college students.

Global Dinner Ready-To-Eat Food Market: Growth Factors

The foremost factor that is driving the global dinner ready-to-eat food market is the changing consumption patterns of the people due to the busy lifestyle and hectic work schedule of the people.

The increase in the employment rates in recent years across the globe is inducing people to adopt ready-to-eat food items to save their time. This increased inclination of people toward ready-to-eat food opens new opportunities for the manufacturers in the global dinner ready-to-eat food market. The manufactures are coming up with attractive and innovative ready-to-eat food options to widen their consumer base. Many new entrants are giving bleeding-edge competition to the established manufacturers with their latest ready-to-eat food menu. All these factors are boosting the growth of the global dinner ready-to-eat food market.

The market is likely to witness significant growth during the forecast period due to the ease in availability of these food items globally. Moreover, people find the precooked and ready-to-eat food items as a cost-effective alternative and hence are expected to bolster market growth.

The emergence of COVID-19 led the people to shift to a healthy and nutritious food diet. This growing inclination of people is inducing the manufactures to bring nutrient and flavor-combined ready-to-eat foodstuff in lieu of the shifting preferences of the consumers for a healthy diet.

The growing adoption of 3D-printing technology is likely to propel the market growth globally during the forecast years. The 3D food printers have machines that can transform the food items to the healthy puree named smooth food and further they also reduce the greenhouse emission. These trends in the global dinner ready-to-eat food market are anticipated to positively shape the market growth during the forecast period.

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Global Dinner Ready-To-Eat Food Market: Segmentation

The global dinner ready-to-eat food market can be segmented into type, distribution channel and region.

By type, the market can be segmented into canned, chilled, and frozen. The frozen type holds the largest market share and is likely to dominate the market during the forecast period. There is a growing demand for the frozen dinner ready-to-eat food owing to its long shelf-life. It is forecasted to remain lucrative owing to the spurring demand to stockpile the essential food items due to the COVID-19 pandemic.

By distribution channel, the market can be segmented into e-commerce, supermarkets, specialty stores and departmental stores. The E-commerce segment holds the largest market share owing to the convenience amid the COVID-19 crisis.

Dinner Ready-To-Eat Food Market : Report Scope

Report Attributes Report Details
Report Name Dinner Ready-To-Eat Food Market Research Report
Market Size in 2023 USD 14.73 Billion
Market Forecast in 2032 USD 24.54 Billion
Growth Rate CAGR of 5.96%
Number of Pages 201
Key Companies Covered Hormel Food Corporation, ITC Limited, Nestle SA, Schwan’s Shared Services, Smithfield Food Inc., Unilever NV, The Kraft Heinz Company, Greencore Group Plc, Sigma Alimentos S.A de C.V., Koninklijke Philips N.V., JBS, General Mills Inc., Tyson Food Inc., and Findus Group
Segments Covered By Type, By Distribution channel and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Dinner ready-to-eat food market: Regional analysis

Asia Pacific is the fastest-growing region in the global dinner ready-to-eat food market. The region is expected to witness high growth rates during the forecast period owing to the steady and fast-expanding economies of countries like India and China. Both countries are expected to reach multi-billion dollar economies in the coming years.

Increasing cases of coronavirus cases in these countries further propel the market growth due to the need of hoarding instant ready-to-eat food.

Europe is expected to witness high CAGR and a substantial upsurge in the demand for the ready-to-eat food post-pandemic. E-commerce has further bolstered the market growth in the region.

Global Dinner ready-to-eat food market: Competitive Players

Some of the leading players in the global dinner ready-to-eat food market are:

  • Hormel Food Corporation
  • ITC Limited
  • Nestle SA
  • Schwan’s Shared Services
  • Smithfield Food Inc.
  • Unilever NV
  • The Kraft Heinz Company
  • Greencore Group Plc
  • Sigma Alimentos S.A de C.V.
  • Koninklijke Philips N.V.
  • JBS
  • General Mills Inc.
  • Tyson Food Inc.
  • Findus Group.

The Global Dinner Ready-To-Eat Food Market is segmented as follows:

By Type 

  • canned 
  • chilled
  • frozen 

By Distribution channel 

  • e-commerce
  • supermarkets 
  • specialty stores
  • departmental stores

Global Dinner ready-to-eat food market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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