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Global Dinner Ready-to-Eat (RTE) Foods Market Value Will Reach 143700 million US$ by Forecast 2025, Growing at a CAGR of 6%, Industry Analysis, Trends, Sales, Price, Revenue - Valuates Reports
Ready-to-Eat meals – commonly known as the RTE – is a self-contained, individual field ration in lightweight packaging bought by the U.S. In 1963, the Department of Defense began developing the "Meal, Ready to Eat", a ration that would rely on modern food preparation and packaging technology to create a lighter replacement for the canned Meal, Combat, Individual ration.The global Dinner RTE(ready to eat) Foods market is valued at 90100 million US$ in 2018 and will reach 143700 million US$ by the end of 2025, growing at a CAGR of 6.0% during 2019-2025.
This report studies the Dinner RTE 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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In this study, the market for Dinner RTE Foods consumption divided into five geographic regions: In North America, total Dinner RTE Foods accounted for 38.60 %. In the Europe, total Dinner RTE Foods accounted for 29.92 %. The market in Asia-Pacific Dinner RTE Foods accounted for 21.13 %, in South America 5.66 % and in Middle East and Africa 4.69 %. Among all regions, North America is estimated to represent the highest revenue share. The Asia-Pacific market is likely to contribute a high revenue share to the global Dinner RTE Foods products market.
On the basis of product type, the Frozen Dinner RTE Foods segment is projected to account for the largest revenue share during the forecast period; this segment was estimated to account for 64.43% revenue share in 2017.
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This research report categorizes the global Dinner RTE Foods market by top players/brands, region, type and end user. This report also studies the global Dinner RTE Foods market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Nestle
Unilever
Kraft Heinz
Market size by Region
North America
APAC
Europe
Middle East
Central & South America
In this study, the years considered to estimate the market size of Dinner RTE Foods are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Dinner RTE Foods market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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