Ready to Eat (RTE) Food Market Expected Growth Rate (CAGR) 4.8% During 2022-2027

According to IMARC Group's latest report, titled "𝐑𝐞𝐚𝐝𝐲 𝐭𝐨 𝐄𝐚𝐭 (𝐑𝐓𝐄) 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟐-𝟐𝟎𝟐𝟕", the global market is expected to exhibit a CAGR of 4.8% during 2022-2027. Looking forward, IMARC Group expects the global ready to eat food Market to continue its robust growth during the forecast period (2022-2027).

Ready to eat (RTE) food products are processed and packaged foods that can be consumed without further preparation. These food products are enriched with acids, flavors, extracts, antioxidants, sweeteners, and preservatives. The ingredients used for their preparation are usually washed, cooked, processed, and then frozen and packed for direct consumer consumption. Some of the most common types of RTE food products consist of baked goods, meat products, shelf-stable foods, desserts, powder mixes, dairy, and cheese products.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/ready-to-eat-food-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

𝐑𝐞𝐚𝐝𝐲 𝐭𝐨 𝐄𝐚𝐭 (𝐑𝐓𝐄) 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The rapidly expanding food and beverage (F&B) industry, rising working populace, and improving consumer lifestyles are some of the key factors driving the market growth. RTE food products offer enhanced convenience to the consumer by assisting in reducing the meal prepping time, increasing the product shelf-life, offering optimum cost-efficiency, and minimizing spoilage and wastage, which is providing a boost to the market growth.

Additionally, rapid urbanization, emerging café culture, and the increasing number of quick-service restaurants (QSR) across the globe are also providing an impetus to the market growth. Moreover, the inflating per capita income levels and the easy availability of RTE products via hypermarkets and supermarkets are further creating a positive outlook for the market.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=2572&method=1

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐰𝐢𝐭𝐡 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

The competitive landscape of the industry has also been examined with some of the key players.

• 2 Sisters Food Group (Boparan Holdings)
• ADF Foods Ltd.
• Bakkavor Foods Ltd.
• Birds Eye Ltd.
• Findus Group Ltd.
• General Mills Inc.
• Greencore Group Plc.
• ITC Limited
• McCain Foods
• MTR Foods Pvt Ltd. (Orkla ASA)
• Nomad Foods Ltd.
• Premier Foods Group Ltd.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The report has categorized the market based on product type, packaging type and distribution channel.

Breakup by Product Type:
• Meat/Poultry Based
• Cereal Based
• Fruits/Vegetable Based
• Others

Breakup by Packaging Type:
• Canned
• Frozen/Chilled
• Retort
• Others

Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Food Specialty Stores
• Departmental Stores
• Online Stores
• Others

Breakup by Region:
• North America (United States, Canada)
• Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/request?type=report&id=2572&flag=C

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

Soy Sauce Market: https://www.imarcgroup.com/soy-sauce-market

Animal Feed Market: https://www.imarcgroup.com/animal-feed-market

Fast Food and Quick Service Restaurant Market: https://www.imarcgroup.com/fast-food-quick-service-restaurant-market

Alginate Market: https://www.imarcgroup.com/alginate-market

Organic Acids Market: https://www.imarcgroup.com/organic-acids-market

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.