Press release
Ready-to-eat Foods Market will reach 127600 million US$ in 2023
New report published by Global Info Research which offers insights on the global Ready-to-eat Foods market.RTE Foods refers to Ready-to-eat Foods.
Ready to eat meal products are often referred to as “convenience food”, for the convenience they provide to the hectic life of people. They are readymade food or almost readymade 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.
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Global Ready-to-eat Foods Market: Forecast by Type / Application / Region
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.
The worldwide market for Ready-to-eat Foods is expected to grow at a CAGR of roughly 6.0% over the next five years, will reach 127600 million US$ in 2023, from 90100 million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Ready-to-eat Foods in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Nonferrous Metal Recycling Market:Key Players
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
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Related Information:
United States Ready-to-eat Foods Market 2018 Forecast to 2023
Europe Ready-to-eat Foods Market 2018 Forecast to 2023
North America Ready-to-eat Foods Market 2018 Forecast to 2023
Asia-Pacific Ready-to-eat Foods Market 2018 Forecast to 2023
China Ready-to-eat Foods Market 2018 Forecast to 2023
EMEA Ready-to-eat Foods Market 2018 Forecast to 2023
Global Ready-to-eat Foods Market 2018 Forecast to 2023
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