Global Ready Meals Market 2012 - 2016 By Infiniti Research Limited - TechNavio
Global Ready Meals Market 2012 - 2016
Infiniti Research Limited - TechNavio
TechNavio's analysts forecast the Global Ready Meals market to grow at a CAGR of 4.69 percent over the period
2012-2016. One of the key factors contributing to this market growth is the growing innovation in packaging. The
Global Ready Meals market has also been witnessing the increasing concerns of health and wellness among
consumers. However, the rising safety issues associated with ready meals could pose a challenge to the growth of
TechNavio's report, the Global Ready Meals Market 2012-2016, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the Americas, Europe, and the APAC and the MEA
regions; it also covers the Global Ready Meals market landscape and its growth prospects in the coming years.
The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Nestlé S.A., ConAgra Foods Inc., and H.J. Heinz Company.
Other vendors mentioned in the report are Advanced Fresh Concepts Corp., BRF S.A., Campbell Soup Company,
Comptior Commercial Alimentaire, General Mills Inc., Grupo Herdez S.A.B. de CV, Grupo La Moderna S.A. de CV,
Hormel Foods Corp., JBS S.A., Kerry Group plc, Kraft Foods Inc., Pinnacle Foods Group LLC, Raynal et Roquelaure,
Reser's Fine Foods Inc., Sigma Alimentos S.A.B de CV, Smithfield Foods Inc., The Findus Group, The Schwan Food
Company, Tipiak SA, Tyson Foods Inc., Unilever Foodsolutions, and Unilever plc.
Key questions answered in this report: What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Ready meals refer to meals that contain ingredients which have been pre-cooked, or meals that have
been prepared in advance and are in a frozen, dried, chilled, or canned state. They are an easy
alternative to food prepared at home, and can be prepared or consumed easily by thawing or heating.
Ready meals are generally prepared based on recipes and cuisines inspired from different cultures. They
are packaged food products that contain all the elements for either a single serving or for two servings.
Ready meals are promoted and presented by vendors as a quick and time-saving alternative, which only
require to be heated before consumption. They save time and effort for consumers as they do not
require food to be prepared from scratch.
The Global Ready Meals market is driven by several factors. One of the main drivers in this market is the
increasing innovation in packaging. The increasing need to retain the vitamin content, the color, product
quality, texture, taste, and shelf life of the products during the entire cycle, from production to
consumption, has encouraged vendors to focus on innovating new packaging designs that retain the
attributes of the final products. In addition, vendors have been working collaboratively with packaging
manufacturers to stay competitive in the market. Another major factor that is leading to the growth of
the market is the increasing number of working women.
Despite the presence of several drivers, the growth of the Global Ready Meals market is curtailed by
some serious challenges. One such challenge is intense competition among vendors. The Global Ready
Meals market is a highly fragmented market with the presence of international and local vendors.
Vendors are competing against each other with the help of marketing strategies, pricing strategies, and
product offerings. Another major challenge being faced by market vendors is the high food inflation
About the Publisher
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Infiniti Research Limited - TechNavio is a leading technology research and advisory company with global
coverage. They focus on emerging technology trends that can shape the market.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research
methodologies. They build forecasts across market segments and geographies based on the trends identified.
These forecasts and analyses are used to help their customers identify new and existing opportunities in their
markets. TechNavio also helps customers assess their competitive position in a changing market scenario.
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TechNavio was founded in 2003 in London. They have about 200 analysts globally and cover more than 500
technologies across 80 countries. Their analysts are closely monitoring the market every day by talking to all the
industry participants. TechNavio has proprietary databases that provide them with a complete perspective of the
market and they develop over 2000 pieces of research deliverables every year.
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