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Global Frozen Ready Meal Market is valued at USD 34.71 billion in 2017 and is expected to reach USD 60.15 billion by the end of 2026, growing at a CAGR of 6.3 % between 2018 and 2026.
Frozen ready meal are complete meals which need no additional ingredients as opposed to other meals. These foods are instant, convenient, affordable and healthy. Frozen ready meal offers a wide variety of foods like roast dinners, chicken breast with sauce, meat, fish, poultry, or pasta with sauce and vegetables. Frozen meals are accepted more by the consumer due to change in the lifestyle of people. Factors driving the growth of Frozen Ready Meal market are busy schedule of working population and the purchasing power. Availability of wide variety of frozen ready meal in the market has also contributed in the growth. These foods are overloaded with sodium, fat and calories which can cause certain health risk.
Frozen Ready Meal Market is majorly segmented into Beef Meals, Chicken Meals, Frozen Pizza, Frozen Vegetarian Meals. Among all the variety of frozen food beef meals are consumed maximum globally followed by chicken and vegetarian meals. On the basis of distribution channel Frozen Ready Meal Market is divided into Supermarket, Convenience Store , Online Stores and others. Shopping malls are expected to provide opportunities to new players to establish their market and local payer to grow their market penetration.
Geographically North America and western Europe forming the largest part of the total volume of sales and expected to show strong growth in forecasted period. Latin America and Eastern Europe generate second largest revenue in Frozen Ready Meal Market. In Europe, Germany is the market leader accounting for the largest market share. Global Frozen Ready Meal Market is highly fragmented due to the presence of small and large vendors and different distribution channels. Asia Pacific Market also showing strong growth in recent years and expected to grow at healthy growth rate.
Frozen Ready Meal Market : Product Type
Frozen Ready Meal Market : Distribution Channel
Global Frozen Ready Meal Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Frozen Ready Meal Market:
Geographical analysis of Frozen Ready Meal Market:
Frozen Ready Meal Market Report delivers comprehensive analysis of :
| Parameters | Details |
|---|---|
Base Year | 2022 |
Historical Data | 2017-2022 |
Forecast Data | 2023-2029 |
Regional Scope | North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Frozen Ready Meal Market report considers 2021 as the base year.
Frozen Ready Meal Market report considers data for period 2016 to 2021 as the historical data to predict market forecast between 2022 to 2029.
Yes, report is inclusive in-detailed analysis of key players in Frozen Ready Meal Market
Frozen Ready Meal Market Study is broadly divided into North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW. Also these regions are further analysed as per various countries
Frozen Ready Meal Market Report includes Market Segmentation, Regional outlook, Application Analysis, Competitive analysis, Supply-Demand Analysis, Pricing insight.
Yes, the report includes COVID 19 impact on the market.
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