Ready to Eat Food Market Growth, Size, Industry Segmentation by Product Type, Packaging Type and Distribution Channel

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 size reached US$ 173.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 229.8 Billion by 2028, exhibiting 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 food, often abbreviated as RTE food, refers to a category of food products that are fully prepared and packaged, requiring no further cooking or significant preparation before consumption. Moreover, RTE foods encompass a wide variety of products, including pre-packaged salads, sandwiches, microwaveable meals, canned soups, and frozen entrees. These products cater to individuals and families seeking quick, hassle-free meal options that do not compromise on taste or quality.

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

The increasing product demand among individuals due to the busy schedules and hectic lifestyles is one of the primary factors driving the market growth. In addition to this, rapid urbanization is leading to smaller living spaces and, in many cases, reduced kitchen facilities which in turn is impelling the growth of the market. Besides this, RTE foods are designed for quick consumption, making them ideal for people who are constantly on the move, thereby fueling the market growth. In line with this, many working professionals rely on RTE options to meet their dietary needs during busy workdays, contributing to the market's growth. Furthermore, the proliferation of food delivery platforms and apps is making it easier than ever for consumers to access a wide variety of RTE options thus contributing to the market growth. Moreover, a growing segment of consumers is becoming health-conscious, seeking nutritious and balanced meal options and this trend is driving the development of healthier RTE choices, such as organic, gluten-free, and low-calorie options, which cater to those looking to maintain a healthy diet thereby propelling the market growth. Besides this, food manufacturers are continuously innovating to meet consumer demands and they are introducing new RTE products with diverse flavors, ingredients, and cuisines to keep consumers engaged and satisfied thus boosting market growth.

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?

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.

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

Based on Packaging Type:
• Canned
• Frozen/Chilled
• Retort
• Others

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

Regional Analysis:
• 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)

𝐒𝐩𝐞𝐚𝐤 𝐭𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 (𝟏𝟎% 𝐅𝐫𝐞𝐞 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧): 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.

Contact US:

Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

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.

This release was published on openPR.