Ready to Eat Food Market (RTE) Expected to Exhibit a Growth Rate (CAGR) of 4.6% | Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled "𝐑𝐞𝐚𝐝𝐲 𝐭𝐨 𝐄𝐚𝐭 (𝐑𝐓𝐄) 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖." The study provides a detailed analysis of the industry, including the global ready to eat (RTE) food market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐫𝐞𝐝𝐢𝐜𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐑𝐞𝐚𝐝𝐲 𝐭𝐨 𝐄𝐚𝐭 𝐅𝐨𝐨𝐝?

The global ready to eat (RTE) food market is expected to exhibit a growth rate (CAGR) of 4.6% during 2023-2028.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/ready-to-eat-food-market/requestsample

What is Ready to Eat Food?

Ready to Eat (RTE) food refers to packaged meals that are prepared in advance and are ready for consumption without requiring any further cooking or preparation. The primary characteristic of these foods is convenience, as they save consumers the time and effort associated with meal preparation. RTE foods span a wide spectrum of products, including canned foods, frozen foods, microwave meals, and fresh, shelf-stable meals. These meals are extensively used across households, commercial establishments, travel, and tourism industry, where ease of preparation, reduced cooking time, and long shelf life are crucial factors. Given the advancements in food processing technology, RTE foods have evolved to encompass a diverse range of culinary preferences, dietary restrictions, and nutritional profiles, effectively catering to the dynamic consumer demands across the globe. They are preserved using advanced techniques such as freeze-drying, pasteurization, or vacuum treatment, ensuring their safety and durability.

What are the Growth Prospects and Trends in the Ready to Eat Food Market?

The escalating demand for convenience among the masses majorly drives the global market. This can be supported by the rise in the fast-paced lifestyle, where consumers are increasingly seeking convenience food options that cater to their busy schedules. Along with this, the expansion of retail and online food distribution channels has improved consumer accessibility to a wide range of RTE foods, thereby significantly supporting the market. In addition, the growing focus on health and wellness has given rise to a new segment within the RTE market - nutritionally balanced, 'clean label', and organic RTE foods, positively influencing the market. Apart from this, the COVID-19 pandemic reinforced the need for safe, hygienic, and easy-to-prepare food options, thereby strengthening the demand for RTE products globally. Furthermore, the growing consumer consciousness towards sustainable practices encouraging manufacturers to offer eco-friendly packaging solutions is creating a positive market outlook. Some of the other factors driving the market include rapid urbanization and inflating disposable income levels.

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

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Who are the Key Players Operating in the Ready to Eat Food Industry?

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.

What is Included in 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

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• 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.

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This release was published on openPR.