openPR Logo
Press release

Convenience Foods Market Volume Analysis, size, share and Key Trends 2014-2020

01-25-2017 01:37 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Convenience Foods Market Volume Analysis, size, share and Key

The convenience foods market is driven by busy lifestyles and ageing population. It includes a range of processed foods that has longer shelf life and are easy to use. The major attributes that consumers look for in convenience foods are ease of use, packaging, nutritional value, safety, variety and product appeal. These are prepared by adding various preservatives at specific conditions and few of them need an efficient supply chain and storage to retain their properties. Convenience foods save time and energy for preparing food at home or hotels. Technology and innovative packaging options have widened the food choices that are available in the market in various categories such as frozen, chilled, packaged foods, etc.

The market has been segmented by type as canned foods, frozen foods, ready-to-eat snacks, meals, chilled foods and others. The market can also be segmented on the basis of distribution channels into supermarkets and hypermarkets, departmental stores, mom-and-pop shops, convenience stores and others. Geographically, the market can be segmented into Asia-Pacific, North America (the U.S., Canada and Mexico), Western Europe, Eastern Europe, Middle East & North Africa and RoW (Rest of the World, including Latin America and South Africa).

Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-96

With more women in the workforce, the demand for convenience foods is rising, primarily in emerging economies. The rapid growth of the food service industry in large number of developing markets is also expected to fuel the demand of packaged ready-to-eat snacks such as potato fries, bakery products and meat products. However, lack of proper storage and logistics is a threat to the frozen and chilled category of convenience foods in developing countries. There are stringent regulations on labelling and manufacturing of convenience foods in both developed and developing nations. One of the major drivers for convenience foods industry growth is widened distribution channels and tendency of consumers to buy off-the-shelf especially in emerging markets of BRICS and MENA.

The U.S. is the largest market for convenience foods in the world and the emerging markets of Asia-Pacific, Middle East and Latin America would fuel the future growth of the same. The U.S. will remain a strategic market for convenience food processors in the forecast period due to declining trend towards away-from-home dining and at-home cooking. There is a rising demand for meal solutions/ready-to-eat meals that can be prepared in two-step cooking. For instance, in December 2013, ConAgra Foods launched 23 new varieties of quality meals and desserts in Bertolli and P.F. Chang’s brands to enhance consumers’ at-home dining experience with convenience. In addition, consumers are looking for meals with foraged, hyper-local ingredients with different flavours and blends such as mushrooms, nettles, blackberries, rose hips, seaweeds, truffles, etc.

The global convenience foods market is expected to grow at a healthy CAGR from 2014–2020. Some of the emerging markets may even experience a double-digit growth rate through the forecast period in significant categories.

Large multinational corporations follow multiple strategies to develop and penetrate the market for convenience foods in different regions. However, providing products that match local consumer taste is of utmost importance. Pricing is another important factor for convenience foods, however nowadays, consumers are ready to pay a premium price if they get to buy quality convenience foods with health benefits. Some of the common strategies that companies have adopted in recent times are portion controlled packaging, in-store promotions, mergers & acquisitions and health claims in labels. There is a growing trend towards healthy convenience foods that are rich in proteins, functional fibres, vitamins, probiotics and omega-3 fatty acid. For this, many market leaders are integrating their operations by acquiring ingredient manufacturers to increase their technical know-how. Availability of customized food ingredients has become a boon for convenience food manufacturers as they can provide large varieties in each category.

Visit For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-96

Some of the key companies manufacturing and distributing convenience foods are Amy's Kitchen, Inc., Cargill, Incorporated, ConAgra Foods, Inc., General Mills, Inc., Tyson Foods, Inc., Mondel?z International, Inc. and Kraft Foods Group Inc.

About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

Contact Us:
Future Market Insights
616 Corporate Way,
Suite 2-9018,
Valley Cottage,
New York 10989,
United States
Tel: +1-347-918-3531
Fax: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Convenience Foods Market Volume Analysis, size, share and Key Trends 2014-2020 here

News-ID: 421396 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Foods

Convenience Foods Market | Global and Regional Analysis and Forecast 2027 | Kraf …
Convenience Foods Market describes an in-depth evaluation and Covid19 Outbreak study on the present and future state of the Convenience Foods market across the globe, including valuable facts and figures. Convenience Foods Market provides information regarding the emerging opportunities in the market & the market drivers, trends & upcoming technologies that will boost these growth trends. The report provides a comprehensive overview including Definitions, Scope, Application, Production and CAGR (%)
Chilled & Deli Foods Market is Booming Worldwide | Kraft Foods, Tyson Foods, BRF …
A new market study is released on Global Chilled & Deli Foods Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides
Pepperoni Foods Market 2019 | Global Industry Overview 2025 | Top Companies - Ba …
As per the latest research study published by Up Market Research, “Global Pepperoni Foods Market” is estimated to grow at a healthy CAGR % in the coming years. The research report showcases qualitative and quantitative estimations by the industry analysts. The report documents first-hand data, post verification from the industry experts along with each industry manufacturers by the market valuation. Pepperoni Foods Market report also gives an extensive analysis of
Frozen Food Market By Key Players: Nestle, ConAgra Foods, Allens, McCain, Icela …
Frozen Food Market report analyzes the global market on the basis of various products such as fruits and vegetables, soups, fish, meat and ready meals such as frozen pizza, frozen desserts, snacks and pasta. The Frozen Food Market is expected to have a highly positive outlook for the next five years 2018-2026 according to a recently released Frozen Food market research report.  the report examines and evaluates the market for‘ Frozen Food’ at a and regional
Frozen Soup Market is Booming| Conagra Foods, Nomad Foods, General Mills, Goya F …
The study of the Frozen Soup market by HTF MI provides the market size information and market trends along with factors and parameters impacting it in both short- and long-term. The study provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture capitalists
Global Chilled and Deli Foods Market 2018 Analysis By Key Players – Tyson Food …
Summary WiseGuyReports.com adds “Chilled and Deli Foods Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “Chilled and Deli Foods Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Chilled and Deli Foods Market report also provides an in-depth survey of key players in the market which is based on the various