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

01-12-2023 10:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Ready to Eat (RTE) Food Market

Ready to Eat (RTE) Food Market

According to IMARC Group's latest report, titled "๐‘๐ž๐š๐๐ฒ ๐ญ๐จ ๐„๐š๐ญ (๐‘๐“๐„) ๐…๐จ๐จ๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐’๐ก๐š๐ซ๐ž, ๐’๐ข๐ณ๐ž, ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•", 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.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐…๐ซ๐ž๐ž ๐๐ƒ๐… ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: 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.

๐‘๐ž๐š๐๐ฒ ๐ญ๐จ ๐„๐š๐ญ (๐‘๐“๐„) ๐…๐จ๐จ๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

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 cafรฉ 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.

๐๐ฎ๐ฒ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: 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.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž ๐ฐ๐ข๐ญ๐ก ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

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

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

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

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

Breakup by Product Type:
โ€ข Meat/Poultry Based
โ€ข Cereal Based
โ€ข Fruits/Vegetable Based
โ€ข Others

Breakup by Packaging Type:
โ€ข Canned
โ€ข Frozen/Chilled
โ€ข Retort
โ€ข Others

Breakup by Distribution Channel:
โ€ข Supermarkets and Hypermarkets
โ€ข Convenience Stores
โ€ข Food Specialty Stores
โ€ข Departmental Stores
โ€ข Online Stores
โ€ข Others

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

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐“๐Ž๐‚ & ๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ: 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:

โ€ข Market Performance (2016-2021)
โ€ข Market Outlook (2022-2027)
โ€ข Market Trends
โ€ข Market Drivers and Success Factors
โ€ข Impact of COVID-19
โ€ข Value Chain Analysis
โ€ข 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.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ:

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

Contact Us:

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800

About Us:

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.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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