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Microwavable Foods - Global Strategic Business Report

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    Report

  • 274 Pages
  • May 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338671
The global market for Microwavable Foods is estimated at US$145.9 Billion in 2023 and is projected to reach US$204 Billion by 2030, growing at a CAGR of 4.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Frozen Microwavable Foods segment, which is expected to reach US$169.4 Billion by 2030 with a CAGR of a 5%. The Chilled Microwavable Foods segment is also set to grow at 4.5% CAGR over the next 7 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $38.4 Billion in 2023, and China, forecasted to grow at an impressive 7.8% CAGR to reach $46 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Microwavable Foods Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Microwavable Foods Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Microwavable Foods Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Ajinomoto Foods North America, Inc., Bellisio Foods, Inc., Birds Eye Group, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 43 Featured):

  • Ajinomoto Foods North America, Inc.
  • Bellisio Foods, Inc.
  • Birds Eye Group, Inc.
  • BRF S.A.
  • Campbell Soup Company
  • Conagra Brands, Inc.
  • Cremonini S.p.A.
  • Dawn Farm Foods Limited
  • General Mills, Inc.
  • Gunnar Dafgård AB
  • Hormel Foods Corporation
  • Itoham Foods, Inc.
  • Kellogg Company
  • Maple Leaf Foods Inc.
  • McCain Foods Limited
  • Nestlé S.A.
  • Pinnacle Foods, Inc.
  • Schwan`s Company
  • the Kraft Heinz Company

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Microwavable Foods: Meeting Ever-Changing Culinary Demands & Enabling Cooking Perfection in Few Hot Minutes
  • Recent Market Activity
  • Microwave Packaging Advancements Transform the Microwave Cooking Experience
  • Global Market Outlook
  • Microwavable Foods - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS
  • Ajinomoto Foods North America, Inc. (USA)
  • Bellisio Foods, Inc. (USA)
  • BRF S.A. (Brazil)
  • Campbell Soup Company (USA)
  • Conagra Brands, Inc. (USA)
  • Cremonini S.p.A. (Italy)
  • Dawn Farm Foods Limited (Ireland)
  • General Mills, Inc. (USA)
  • Gunnar Dafgård AB (Sweden)
  • Hormel Foods Corporation (USA)
  • Itoham Foods, Inc. (Japan)
  • Kellogg Company (USA)
  • Maple Leaf Foods Inc. (Canada)
  • McCain Foods Limited (Canada)
  • Nestlé S.A. (Switzerland)
  • Pinnacle Foods, Inc. (USA)
  • Birds Eye Group, Inc. (USA)
  • San Miguel Food and Beverage, Inc. (The Philippines)
  • Schwan's Company (USA)
  • The Kraft Heinz Company (USA)
3. MARKET TRENDS & DRIVERS
  • The Frozen Food Renaissance & the Ready Meals Revolution Drives Healthy Growth in Demand for Microwavable Foods
  • Food Processors Try to Eliminate Myths about Frozen Microwavable Foods
  • Frozen Ready Meals Lead the Pack
  • Value-Added Microwave Oven Blanched Frozen Fruits and Vegetables Gain Prominence
  • Growing Interest in Frozen Microwavable Seafood Meals Augur Well for the Market
  • The Millennials and their Preference for Cooking at Home Benefit Market Demand
  • Global Millennial Population Facts & Figures: Important Opportunity Indicators
  • Shelf-STable Microwavable Foods Witness Steady Growth in Demand
  • Innovations in Shelf-STable Microwavable Foods Packaging to Spur Growth
  • Changing Landscape of Packaging for Shelf-STable Foods
  • Convenience Factor Drive Adaptation of Popular Snack Foods to the Microwave
  • Microwavable Popcorn Feels the Heat with Growing Competition from RTE Popcorn
  • Growing Focus on Health and Wellness Drives Innovation in Microwavable Foods
  • MATS: Long Term Freshness of Prepared Meals without Refrigeration
  • Select Innovative Healthy Microwavable Meal Options
  • Packaged Foods Demand Patterns Focus on the "Microwavability" Factor
  • Microwavable Ethnic Cuisine: The Order of the Day
  • Healthy Eating Brings the Spotlight on Steam Cooked Vegetables
  • Revival of Interest in Microwave Ovens & Steady Launch of Technically Advanced Models Signal Opportunities
  • Whirlpool® Smart Front Control Range
  • Smart Microwave Cover
  • Tovala 'Smart Oven' to Cook Food Better
  • Microwave Oven with Radio Frequency Technology
  • Freescale's New Microwave Model Replace 50-Year-Old Technology
  • Microwave Ovens: Improved, Altered & Perfected to Meet Native Requirements
  • RF Microwave: A New Wave of Cooking?
  • Microwaving Bakery Products Unravel the Complications of a Longstanding Problem
  • Microwavable Food Packaging: Redefining Convenience and Simplifying Food Preparation
  • Convenience Packaging: The Precedent to Efficient Microwavable Packaging
  • Innovations in Microwavable Food Packaging Contribute to Market Growth
  • Favorable Demographic Trends Strengthen Market Prospects
  • Expanding Global Population
  • Shrinking Family Size
  • Burgeoning Middle Class Population
  • Rapid Urbanization
  • Rising Women Workforce
  • Aging Population
  • Kids Emerge as a Lucrative Demographic Target for Microwavable Foods
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Microwavable Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Microwavable Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Microwavable Foods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Frozen Microwavable Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Frozen Microwavable Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Frozen Microwavable Foods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Chilled Microwavable Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Chilled Microwavable Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Chilled Microwavable Foods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Shelf STable Microwavable Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Shelf STable Microwavable Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Shelf STable Microwavable Foods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Patterned Susceptors Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Patterned Susceptors Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Patterned Susceptors Technology by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for New Tray-Lidding Methods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for New Tray-Lidding Methods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for New Tray-Lidding Methods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for New Cook Bag Technique by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for New Cook Bag Technique by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for New Cook Bag Technique by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Microwavable Foods Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Microwavable Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Ajinomoto Foods North America, Inc.
  • Bellisio Foods, Inc.
  • Birds Eye Group, Inc.
  • BRF S.A.
  • Campbell Soup Company
  • Conagra Brands, Inc.
  • Cremonini S.p.A.
  • Dawn Farm Foods Limited
  • General Mills, Inc.
  • Gunnar Dafgård AB
  • Hormel Foods Corporation
  • Itoham Foods, Inc.
  • Kellogg Company
  • Maple Leaf Foods Inc.
  • McCain Foods Limited
  • Nestlé S.A.
  • Pinnacle Foods, Inc.
  • Schwan`s Company
  • the Kraft Heinz Company

Table Information