Frozen Ready Meal market Competitive Analysis, Upcoming Demand And Growth Forecast 2028 | ConAgra Brands Inc., Maple Leaf foods Inc.

Ready Meals are complete meals that are already prepared, which are available in trays and require to be heated before serving. Frozen foods are said to be preserved foods, which resist the decay process and inhibit bacterial growth. Socio-economic expansion such as increasing women labor pool and an increasing number of single-member households has resulted in an increase in demand for convenience and minimal preparation foods that help save time and effort. An increase in growth of tourism and robust gross domestic product (GDP) are projected to increase demand for frozen foods. Moreover, product availability and retail shelf space play a key role in triggering growth of the frozen ready meal market.

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Frozen Ready Meal Market Taxonomy:

On the basis of product type, the global market is segmented into:
Vegetables
Snacks
Soups
Meat and Poultry
Potatoes
Pie
Frozen seafood
Others

On the basis of moisture content, the global market is segmented into:
Low moisture content
Medium moisture content
High moisture content

On the basis of ingredient, the global market is segmented into:
Natural color
High Intensity Sweeteners
Fatty acids
Flavourant
Natural Flavors

Among product type, the largest segments are soups and snacks. Frozen seafood and vegetables are expected to witness higher growth in the market over the forecast period. Supermarkets lead the distribution channel in the global scenario.

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Europe is the largest producer of frozen ready meals, followed by North America. Frozen ready meals have increased shelf life than chilled products, which helps maintain freshness and nutritional quality of the product. Thus, frozen ready meals are a more convenient alternative to chilled products, thus driving growth of frozen ready meals, in turn driving growth of the market globally. Frozen ready meals offer larger product collection ranging from various types of vegetables to beef, thus offering consumers the opportunity for product selection.

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