Ready-to-Eat Meals Market Research Report - Global Forecast till 2027

Ready-to-Eat Meals Market Global Research Report by Type (Rice & Noodles, Salads, Gravies & Curries, Pasta & Pizzas, Soups and others), Distribution Channel (Store-Based [Supermarkets & Hypermarkets, Convenience Stores and others] and Non-Store-Based) and Region (North America, Europe, Asia-Pacific and RoW)– Forecast till 2027

ID: MRFR/F-B & N/1447-HCR | February 2021 | Region: Global | 110 pages

Impact of COVID-19 On the Global Ready-to-Eat Meals Market


The degree of the impact of the COVID-19 pandemic varies from country to country. Due to effective containment strategies, a few countries are reviving their economies and enforcing measures to sustain growth. The number of recent instances has plateaued or is declining in other countries. Therefore, many countries are debating at the next right step for reopening their economies. Some nations are at the peak of the infection and are taking the necessary measures to fight the outbreak. All countries are deploying measures such as physical distancing, limiting travel, encouraging the use of personal protective equipment, and increasing the number of centers for checkups and tracing. This pandemic situation has affected the commodity industry in many ways. The demand for essential commodities, such as groceries, has been increasing significantly.


COVID-19 has created a panic situation among consumers with temporary closures of retail stores in an attempt to limit the impact of the virus. This has led to panic purchasing among the consumers and the stockpiling of food products with a long shelf life, including ready-to-eat meal products such as rice & noodles, salads, gravies & curries, pasta & pizzas, and soups. According to the US Soyabean Export Council, the ready-to-eat meal market has been seeing an upward trend owing to the increasing demand for convenience food.


According to MRFR analysis, the demand ready-to-eat meals in the global market is expected to increase amid the COVID-19 pandemic and in the next couple of months. However, owing to the worldwide lockdown, the overall food industry is facing a shortage of adequate labor. The migration of laborers to their hometowns due to the lack of availability of work is a common issue that every country is facing. Established manufacturers are somehow managing to continue the production of ready-to-eat meal products with a minimum workforce, while small manufacturing companies are facing hard times. Apart from labor issues, other prominent issues such as movement restrictions due to lockdown thereby hampering the supply chain and the limited availability of raw materials such as wheat and vegetables are restricting the growth of the ready-to-eat meals market.


In response to the pandemic, consumers have been put under lockdown with several states imposing stay-at-home orders. This is rapidly accelerating the transition to e-commerce. Online shopping has been experiencing substantial growth over the past few years, with grocery being the least contributing category. However, in this current situation, the grocery category accounts for the largest share in the e-commerce orders. There has been a surge in the average daily downloads for popular digital grocery apps such as Instacart, Walmart Grocery, and Shipt. Households that are relying on home deliveries through online grocery shopping sites during the pandemic are likely to continue with the service then after. 


As a result of stockpiling, retailers are running out of stock, and the grocery shelves for popular items sit empty, which is eroding the consumers’ brand preferences. This is promoting the consumption of the products manufactured by small regional players. It will take time for the top market players to bridge the demand-supply gap, which can be a game-changing opportunity for local and new brands of ready-to-eat meals in the global market.

TABLE OF CONTENTS

1. 1 EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Ready to Eat Meals Market, by Type

1.1.2. Global Ready to Eat Meals Market, by Distribution Channel

1.1.3. Global Ready to Eat Meals Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Macro Factor Indicator Analysis

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis

5.2. Supply Chain Analysis

5.3. Porter’s Five Forces Model

5.3.1. Bargaining Power of Suppliers

5.3.2. Bargaining Power of Buyers

5.3.3. Threat of New Entrants

5.3.4. Threat of Substitutes

5.3.5. Intensity of Rivalry

6. GLOBAL READY TO EAT MEALS MARKET, BY TYPE

6.1. Introduction

6.2. Rice & Noodles

6.2.1. Rice & Noodles: Market Estimates & Forecast by Region/Country, 2020–2027

6.3. Salads

6.3.1. Salads: Market Estimates & Forecast by Region/Country, 2020–2027

6.4. Gravies & Curries

6.4.1. Gravies & Curries: Market Estimates & Forecast by Region/Country, 2020–2027

6.5. Pasta & Pizzas

6.5.1. Pasta & Pizzas: Market Estimates & Forecast by Region/Country, 2020–2027

6.6. Soups

6.6.1. Soups: Market Estimates & Forecast by Region/Country, 2020–2027

6.7. Others

6.7.1. Others: Market Estimates & Forecast by Region/Country, 2020–2027

7. GLOBAL READY TO EAT MEALS MARKET, BY DISTRIBUTION CHANNEL

7.1. Introduction

7.2. Store-Based

7.2.1. Store-Based: Market Estimates & Forecast by Region/Country, 2020–2027

7.2.2. Supermarkets & Hypermarkets

7.2.2.1. Supermarkets & Hypermarkets: Market Estimates & Forecast by Region/Country, 2020–2027

7.2.3. Convenience Stores

7.2.3.1. Convenience Stores: Market Estimates & Forecast by Region/Country, 2020–2027

7.2.4. Others

7.2.4.1. Others: Market Estimates & Forecast by Region/Country, 2020–2027

7.3. Non-Store-Based

7.3.1. Non-Store-Based: Market Estimates & Forecast by Region/Country, 2020–2027

8. GLOBAL READY TO EAT MEALS MARKET, BY REGION

8.1. Introduction

8.2. North America

8.2.1. Market Estimates & Forecast by Type, 2020–2027

8.2.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.2.3. Market Estimates & Forecast by Country, 2020–2027

8.2.4. US

8.2.4.1. Market Estimates & Forecast by Type, 2020–2027

8.2.4.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.2.5. Canada

8.2.5.1. Market Estimates & Forecast by Type, 2020–2027

8.2.5.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.2.6. Mexico

8.2.6.1. Market Estimates & Forecast by Type, 2020–2027

8.2.6.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.3. Europe

8.3.1. Market Estimates & Forecast by Type, 2020–2027

8.3.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.3.3. Market Estimates & Forecast by Country, 2020–2027

8.3.4. Germany

8.3.4.1. Market Estimates & Forecast by Type, 2020–2027

8.3.4.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.3.5. UK

8.3.5.1. Market Estimates & Forecast by Type, 2020–2027

8.3.5.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.3.6. France

8.3.6.1. Market Estimates & Forecast by Type, 2020–2027

8.3.6.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.3.7. Spain

8.3.7.1. Market Estimates & Forecast by Type, 2020–2027

8.3.7.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.3.8. Italy

8.3.8.1. Market Estimates & Forecast by Type, 2020–2027

8.3.8.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.3.9. Rest of Europe

8.3.9.1. Market Estimates & Forecast by Type, 2020–2027

8.3.9.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.4. Asia-Pacific

8.4.1. Market Estimates & Forecast by Type, 2020–2027

8.4.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.4.3. Market Estimates & Forecast by Country, 2020–2027

8.4.4. China

8.4.4.1. Market Estimates & Forecast by Type, 2020–2027

8.4.4.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.4.5. Japan

8.4.5.1. Market Estimates & Forecast by Type, 2020–2027

8.4.5.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.4.6. India

8.4.6.1. Market Estimates & Forecast by Type, 2020–2027

8.4.6.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.4.7. Australia & New Zealand

8.4.7.1. Market Estimates & Forecast by Type, 2020–2027

8.4.7.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.4.8. Rest of Asia-Pacific

8.4.8.1. Market Estimates & Forecast by Type, 2020–2027

8.4.8.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.5. Rest of the World

8.5.1. Market Estimates & Forecast by Type, 2020–2027

8.5.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.5.3. Market Estimates & Forecast by Region, 2020–2027

8.5.4. South America

8.5.4.1. Market Estimates & Forecast by Type, 2020–2027

8.5.4.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.5.5. Middle East

8.5.5.1. Market Estimates & Forecast by Type, 2020–2027

8.5.5.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

8.5.6. Africa

8.5.6.1. Market Estimates & Forecast by Type, 2020–2027

8.5.6.2. Market Estimates & Forecast by Distribution Channel, 2020–2027

9. COMPETITIVE LANDSCAPE

9.1. Introduction

9.2. Competitive Benchmarking

9.3. Development Share Analysis

9.4. Key Developments & Growth Strategies

10. COMPANY PROFILES

10.1. Conagra Foods Inc.

10.1.1. Company Overview

10.1.2. Financial Overview

10.1.3. Products Offered

10.1.4. Key Developments

10.1.5. SWOT Analysis

10.1.6. Key Strategies

10.2. General Mills. Inc.

10.2.1. Company Overview

10.2.2. Financial Overview

10.2.3. Products Offered

10.2.4. Key Developments

10.2.5. SWOT Analysis

10.2.6. Key Strategies

10.3. Associated British Foods PLC

10.3.1. Company Overview

10.3.2. Financial Overview

10.3.3. Products Offered

10.3.4. Key Developments

10.3.5. SWOT Analysis

10.3.6. Key Strategies

10.4. McCain Foods Limited

10.4.1. Company Overview

10.4.2. Financial Overview

10.4.3. Products Offered

10.4.4. Key Developments

10.4.5. SWOT Analysis

10.4.6. Key Strategies

10.5. Bakkavor Group plc

10.5.1. Company Overview

10.5.2. Financial Overview

10.5.3. Products Offered

10.5.4. Key Developments

10.5.5. SWOT Analysis

10.5.6. Key Strategies

10.6. Premier Foods Plc

10.6.1. Company Overview

10.6.2. Financial Overview

10.6.3. Products Offered

10.6.4. Key Developments

10.6.5. SWOT Analysis

10.6.6. Key Strategies

10.7. Tyson Foods, Inc

10.7.1. Company Overview

10.7.2. Financial Overview

10.7.3. Products Offered

10.7.4. Key Developments

10.7.5. SWOT Analysis

10.7.6. Key Strategies

10.8. Greencore Group plc

10.8.1. Company Overview

10.8.2. Financial Overview

10.8.3. Products Offered

10.8.4. Key Developments

10.8.5. SWOT Analysis

10.8.6. Key Strategies

10.9. Unilever

10.9.1. Company Overview

10.9.2. Financial Overview

10.9.3. Products Offered

10.9.4. Key Developments

10.9.5. SWOT Analysis

10.9.6. Key Strategies

10.10. Kerry Group

10.10.1. Company Overview

10.10.2. Financial Overview

10.10.3. Products Offered

10.10.4. Key Developments

10.10.5. SWOT Analysis

10.10.6. Key Strategies

10.11. Grupo Bimbo, S.A.B. de C.V.

10.11.1. Company Overview

10.11.2. Financial Overview

10.11.3. Products Offered

10.11.4. Key Developments

10.11.5. SWOT Analysis

10.11.6. Key Strategies

11. APPENDIX

11.1. General Sources & References

11.2. List of Abbreviation


LIST OF TABLES

Table 1 Global Ready to Eat Meals Market, by Region, 2020–2027 (USD Million)

Table 2 Global Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 3 Global Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 4 North America: Ready to Eat Meals Market, by Country, 2020–2027 (USD Million)

Table 5 North America: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 6 North America: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 7 US: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 8 US: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 9 Canada: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 10 Canada: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 11 Mexico: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 12 Mexico: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 13 Europe: Ready to Eat Meals Market, by Country, 2020–2027 (USD Million)

Table 14 Europe: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 15 Europe: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 16 Germany: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 17 Germany: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 18 France: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 19 France: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 20 Italy: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 21 Italy: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 22 Spain: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 23 Spain: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 24 UK: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 25 UK: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 26 Rest of Europe: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 27 Rest of Europe: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 28 Asia-Pacific: Ready to Eat Meals Market, by Country, 2020–2027 (USD Million)

Table 29 Asia-Pacific: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 30 Asia-Pacific: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 31 China: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 32 China: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 33 India: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 34 India: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 35 Japan: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 36 Japan: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 37 Australia & New Zealand: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 38 Australia & New Zealand: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 39 Rest of Asia-Pacific: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 40 Rest of Asia-Pacific: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 41 Rest of the World (RoW): Ready to Eat Meals Market, by Country, 2020–2027 (USD Million)

Table 42 Rest of the World (RoW): Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 43 Rest of the World (RoW): Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 44 South America: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 45 South America: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 46 Middle East: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 47 Middle East: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)

Table 48 Africa: Ready to Eat Meals Market, by Type, 2020–2027 (USD Million)

Table 49 Africa: Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (USD Million)


LIST OF FIGURES

FIGURE 1 Global Ready to Eat Meals Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Ready to Eat Meals Market

FIGURE 4 Value Chain of Global Ready to Eat Meals Market

FIGURE 5 Share of Global Ready to Eat Meals Market in 2020, by Country (%)

FIGURE 6 Global Ready to Eat Meals Market, by Region, 2020–2027,

FIGURE 7 Global Ready to Eat Meals Market Size, by Type, 2020

FIGURE 8 Share of Global Ready to Eat Meals Market, by Type, 2020–2027 (%)

FIGURE 9 Global Ready to Eat Meals Market Size, by Distribution Channel, 2020

FIGURE 10 Share of Global Ready to Eat Meals Market, by Distribution Channel, 2020–2027 (%)