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RTE Foods refers to Ready-to-eat Foods.
Ready to eat meal market products are often referred to as? convenience food? for the convenience they provide to the hectic life of people. They are ready made food or almost ready made food that just requires boiling. Depending on the process of production and packaging, they are segmented into canned food, frozen food and chilled food. And because the major drivers of the market aren’t specific to any region but are globally influencing the market, hence ready to eat meal products market is fast growing uphill and has become the largest market in food industry globally.
Factors such as increasing population of working women, growing millennial population, busy work schedules, and on-the-go consumption habits are expected to fuel revenue growth of the global ready-to-eat food products market. Also, the increase in disposable income and consumer preferences for healthy and convenient food coupled with the rising demand for snacks and fried food products are expected to further boost the demand for ready-to-eat food products.
Globally, the growth of organized retail has led to a widespread supply of ready-to-eat food products through a wide distribution network. These factors are expected to bolster the growth of the global ready-to-eat food products market in the coming years. However, unhealthy substitutes and low quality and taste along with an increasing shift towards a healthier lifestyle is likely to hinder market growth in the coming years.
In 2019, the market size of Ready-to-eat Foods is 90100 million US$ and it will reach 142100 million US$ in 2025, growing at a CAGR of 5.9% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Ready-to-eat Foods.
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This report studies the global market size of Ready-to-eat Foods, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Ready-to-eat Foods sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Nestle
Unilever
Kraft Heinz
McCain Foods Limited
General Mills
Sigma Alimentos
Greencore Group
Campbell Soup
ConAgra
The Schwan Food
Tyson Foods
Pinnacle Foods, Inc.
Smithfield Foods
Hormel Foods
JBS
Nomad Foods
Fleury Michon
2 Sisters Food Group
ITC
Market Segment by Product Type
Frozen Dinner RTE Foods
Chilled Dinner RTE Foods
Canned Dinner RTE Foods
Market Segment by Application
Hypermarket/Supermarket
Independent Retailers
Convenience Stores
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
In this study, the years considered to estimate the market size of Ready-to-eat Foods are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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