Uploaded on Apr 1, 2021
Frozen Ready Meal Market Revenue, Manufacturers, Customer Needs and Forecast to 2026
Frozen Ready Meal
Frozen Ready Meal Market Revenue, Manufacturers, Customer Needs and Forecast to 2026
Market Overview
Frozen Ready Meals are complete meals that are already prepared, which are available in trays and
require to be heated before serving. Frozen foods are said to be preserved foods, which resist the
decay process and inhibit bacterial growth. Socio-economic expansion such as increasing women
labor pool and an increasing number of single-member households has resulted in an increase in
demand for convenience and minimal preparation foods that help save time and effort. An increase
in growth of tourism and robust gross domestic product (GDP) are projected to increase demand for
frozen foods. Moreover, product availability and retail shelf space play a key role in triggering
growth of the frozen ready meal market.
Distribution is a key factor in the current frozen food market. The factors hindering growth of this
market include increasing number of private labels and local and unorganized brands. The
innovative packaging of private and local brands attracts an enormous amount of consumers,
ultimately fueling growth of the global market. Increase in the number of manufacturers of frozen
food in the recent past, has led to large competition in the global market. Low cost of products
provided by various suppliers has created a greater opportunity for users to choose a preferred
supplier from a large number of global suppliers available in the market.
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Market Dynamics
Europe is the largest producer of frozen ready meals, followed by North America. Frozen ready
meals have increased shelf life than chilled products, which helps maintain freshness and nutritional
quality of the product. Thus, frozen ready meals are a more convenient alternative to chilled
products, thus driving growth of frozen ready meals, in turn driving growth of the market globally.
Frozen ready meals offer larger product collection ranging from various types of vegetables to beef,
thus offering consumers the opportunity for product selection. The growth prospects of E-commerce
and demand for natural and organic products have led to an increasing growth of frozen ready meal
market. The amenity of having individual serving meals with reduced demand for preparation is
gaining popularity, thus boosting demand for vendors selling ready to eat meals.
Frozen Ready Meal Market Taxonomy:
On the basis of product type, the global market is segmented into:
•Vegetables
•Snacks
•Soups
•Meat and Poultry
•Potatoes
•Pie
•Frozen seafood
•Others
On the basis of moisture content, the global market is segmented into:
•Low moisture content
•Medium moisture content
•High moisture content
Some of the key players in the global frozen ready meal market are ConAgra Brands Inc., Maple
Leaf foods Inc., BRF, Tyson Foods Inc., Pinnacle Foods Inc., Campbell’s Soup, Sanquan Foods,
McCain Foods (India) Pvt. Ltd., Kellogg NA Co., General Mills Inc., Greencore Group, Iceland
Foods, Nomad Foods Europe Ltd., FRoSTA AG, Maple Leaf Foods, NICHIREI CORPORATION ,
The Schwan’s Shared Services, 2 Sisters Food Group, Ajinomoto Co. Inc., Amy’s Kitchen Inc.,
EUROPASTRY SA, and Fluery Michon.
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