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North America Ready Meals Market Size, Share & Industry Trends Analysis Report By Distribution Channel (Supermarkets/ Hypermarkets, Convenience Stores, and Online Stores), By Type By Country and Growth Forecast, 2023 - 2030

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    Report

  • 133 Pages
  • December 2023
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5917198
The North America Ready Meals Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 939.1 kilo tonnes, showcasing a growth of 10.2% (2019-2022).

As lifestyles become more fast-paced, there is an increasing reliance on time-saving solutions. Ready meals are convenient for individuals and families who are pressed for time but still seek nutritious and flavorful meal options. Innovations in food processing and packaging technologies have played an essential role in expanding the ready meals market. Improved packaging ensures longer shelf life without compromising the quality and taste of the food. Consumers are becoming increasingly health-conscious, seeking convenient meals that align with their dietary choices and nutritional goals. This has led to the development of ready meals featuring organic, gluten-free, and other health-focused attributes.

Ready meals are prominent in households as they offer a quick solution for busy families and individuals who may not have the time or expertise to prepare elaborate meals from scratch. The rise of on-the-go lifestyles has led to a surge in demand for portable and easily consumable ready meals. These products cater to consumers looking for convenient options while commuting, at work, or during outdoor activities. Ready meals play a crucial role in emergency preparedness, offering a shelf-stable and easily accessible source of sustenance during unforeseen circumstances such as natural disasters or power outages.

North America is culturally diverse, and ready meals cater to various culinary preferences. The market shows multiple options, including traditional American, ethnic, and international cuisines, allowing consumers to explore different flavors. Manufacturers in North America continually innovate to meet consumer demands. Thus, the above aspects will expand the market growth across the region in the upcoming years.

The US market dominated the North America Ready Meals Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $58,708.6 million by 2030. The Canada market is experiencing a CAGR of 10% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 9% during (2023 - 2030).

Based on Distribution Channel, the market is segmented into Supermarkets/ Hypermarkets, Convenience Stores, and Online Stores. Based on Type, the market is segmented into Frozen Pizza, Canned/Preserved Ready Meals, Frozen Ready Meals, Prepared Salads, Chilled Ready Meals, Dried Ready Meals, and Chilled Pizza. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Bakkavor Group PLC, Conagra Brands, Inc., General Mills, Inc., The Kraft Heinz Company, Nestle S.A, Fleury Michon, Unilever PLC, Kerry Group PLC, Premier Foods PLC (Premier Foods Group Services Ltd.), Kellogg Company

Scope of the Study

Market Segments Covered in the Report:

By Distribution Channel (Volume, kilo Tonnes, USD Billion, 2019-2030)
  • Supermarkets/ Hypermarkets
  • Convenience Stores
  • Online Stores
By Type (Volume, kilo Tonnes, USD Billion, 2019-2030)
  • Frozen Pizza
  • Canned/Preserved Ready Meals
  • Frozen Ready Meals
  • Prepared Salads
  • Chilled Ready Meals
  • Dried Ready Meals
  • Chilled Pizza
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Bakkavor Group PLC
  • Conagra Brands, Inc.
  • General Mills, Inc.
  • The Kraft Heinz Company
  • Nestle S.A
  • Fleury Michon
  • Unilever PLC
  • Kerry Group PLC
  • Premier Foods PLC (Premier Foods Group Services Ltd.)
  • Kellogg Company

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Ready Meals Market, by Distribution Channel
1.4.2 North America Ready Meals Market, by Type
1.4.3 North America Ready Meals Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Ready Meals Market by Distribution Channel
4.1 North America Supermarkets/ Hypermarkets Market by Country
4.2 North America Convenience Stores Market by Country
4.3 North America Online Stores Market by Country
Chapter 5. North America Ready Meals Market by Type
5.1 North America Frozen Pizza Market by Country
5.2 North America Canned/Preserved Ready Meals Market by Country
5.3 North America Frozen Ready Meals Market by Country
5.4 North America Prepared Salads Market by Country
5.5 North America Chilled Ready Meals Market by Country
5.6 North America Dried Ready Meals Market by Country
5.7 North America Chilled Pizza Market by Country
Chapter 6. North America Ready Meals Market by Country
6.1 US Ready Meals Market
6.1.1 US Ready Meals Market by Distribution Channel
6.1.2 US Ready Meals Market by Type
6.2 Canada Ready Meals Market
6.2.1 Canada Ready Meals Market by Distribution Channel
6.2.2 Canada Ready Meals Market by Type
6.3 Mexico Ready Meals Market
6.3.1 Mexico Ready Meals Market by Distribution Channel
6.3.2 Mexico Ready Meals Market by Type
6.4 Rest of North America Ready Meals Market
6.4.1 Rest of North America Ready Meals Market by Distribution Channel
6.4.2 Rest of North America Ready Meals Market by Type
Chapter 7. Company Profiles
7.1 Conagra Brands, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.2 The Kraft Heinz Company
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.6 SWOT Analysis
7.3 Nestle S.A
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Unilever PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 Kerry Group PLC
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 Premier Foods PLC (Premier Foods Group Services Ltd.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Bakkavor Group PLC
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.8 General Mills, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 SWOT Analysis
7.9 Kellogg Company
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 SWOT Analysis
7.10. Fleury Michon
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis

Companies Mentioned

  • Bakkavor Group PLC
  • Conagra Brands, Inc.
  • General Mills, Inc.
  • The Kraft Heinz Company
  • Nestle S.A
  • Fleury Michon
  • Unilever PLC
  • Kerry Group PLC
  • Premier Foods PLC (Premier Foods Group Services Ltd.)
  • Kellogg Company

Methodology

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