The Ready to Eat food category is currently the largest segment in the overall conventional and non-conventional food industry Some of the major players in the market include Nomad Foods Ltd., Bakkavor Foods Ltd., General Mills Inc., McCain Foods, Premier

Description
Ready to Eat products are essentially convenience food which are either fully or partially cooked when packed. These were initially used by defence people, hunters or trekkers for a quick and effective food solution but with the changing urban lifestyle, these have become popular among the urban populace. These have made life easier for the busy and on the go urban population who rarely have the time to cook for themselves. These products are safe to be consumed as the company’s manufacturing them are under well-protected regulations by the governments all over the globe.

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The RTE is consumed by different people for different reasons, for old people who are unable to cook for themselves and for travellers this meal is a big boon. The hitch-hikers and backpackers who travel to the remotest areas find it a good solution to get essential nutrients as these are easy to pack, store and consume. The RTE food category is currently the largest segment in the overall conventional and non-conventional food industry. This is growing annually at a CAGR of XX% and is expected to reach $ XX bn by 20XX. With the developing countries yet to be realized in its full potential, this industry promises to deliver high returns.

Market Dynamics
The rapid change in lifestyle of consumers, the ever-growing urbanization, increasing disposable incomes and the growth in working women population is fueling the growth of convenience foods market which in turn is increasing the need for on the go products. The RTE products are a perfect solution as they provide an easy and nutritious solution to the aforementioned demand. However, the increase in health consciousness and awareness about certain negative aspects of consumption of RTE and the increasing government regulations are major deterrents in the future growth of this market.

Market Segmentation
The Market is segmented on the basis of products and the type packaging and distribution channels. On the basis of products, these can be segmented into Meat/Poultry, Cereal based, Vegetable based etc. among these, Meat/Poultry segment accounts for the highest

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market share. On the basis of packaging these can be distinguished into canned, frozen or chilled, retort etc. where the frozen segment leads the market share.Finally, on the basis of distribution channels, these are segmented into departmental stores, E-commerce platforms, Hypermarkets and Supermarkets etc. here, the hypermarkets accounts for the largest share.

Regional/Geographic Analysis
The United States and Canada in North America contribute to the largest market share owing to their high disposable incomes and urban lifestyles. This is followed by Europe and the APAC Region is gaining momentum as the developing countries are becoming more and more open to this concept. Hence, the APAC region is the fastest growing region.

Key Players
Some of the major players in the market include Nomad Foods Ltd., Bakkavor Foods Ltd., General Mills Inc., McCain Foods, Premier Foods Group Ltd., 2 Sisters Food Group, Greencore Group Plc., Orkla ASA, ConAgra Foods, Inc., and ITC Limited.
Report Contents Regional Analysis Report Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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