Frozen Cooked Ready Meals Market Research Report By Type (Single-Serving Meals, Family-Sized Meals, Party Platters), By Cuisine (Italian, Mexican, Chinese, American, Indian), By Dietary Restrictions (Gluten-Free, Low-Sodium, Low-Fat, Vegetarian, Vegan), By Packaging Format (Trays, Bowls, Wraps, Bento Boxes) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2032.

Global Frozen Cooked Ready Meals Market Overview

Frozen Cooked Ready Meals Market Size was estimated at 16.52 (USD Billion) in 2022. The Frozen Cooked Ready Meals Market Industry is expected to grow from 17.25(USD Billion) in 2023 to 25.49 (USD Billion) by 2032. The Frozen Cooked Ready Meals Market CAGR (growth rate) is expected to be around 4.44% during the forecast period (2024 - 2032).

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Frozen Cooked Ready Meals Market Trends Highlighted

The Frozen Cooked Ready Meals Market is witnessing a surge in demand due to several key drivers. The growing convenience-oriented lifestyle, coupled with the increasing number of working professionals and single households, is driving the adoption of these meals. Additionally, the rising disposable income levels and urbanization in developing economies are further fueling market growth.Key opportunities in the Frozen Cooked Ready Meals Market include the expansion of e-commerce platforms, the development of innovative and healthy meal options, and the growing demand for plant-based products. Emerging trends in the market include the use of artificial intelligence and machine learning for personalized meal recommendations, as well as the integration of smart packaging technologies for enhanced safety and convenience.

Frozen Cooked Ready Meals Market Drivers

Increasing Demand for Convenience

Convenience foods can be observed as one of the most popular types of food consumed in both developed and developing countries. This is particularly the case for frozen and ready meals such as fish and chicken fingers, pizza, and such. Nowadays, convenience foods are in high demand by consumers, as they are people with busy lifestyles, having neither time nor desire to cook. The introduction of frozen cooked ready meals serves as a highly convenient and fastest option, which is easily available from stores on the way home.It does not require users to spend time and effort on extensive meal preparation and cooking. Moreover, meal delivery services experiencing an increasing demand are likely to boost the commercial success of frozen cooked ready meals. In such a situation, marketers must focus on maximization of the utility of products that provide benefits to consumers. Note The essay was rewritten, and this is not the original text.

Rising Disposable Income and Changing Consumer Preferences

Rising disposable income in many parts of the world has contributed to the growth of the Frozen Cooked Ready Meals Market Industry. Consumers are increasingly willing to spend on convenient and premium food options that save them time and effort. Changing consumer preferences, such as the growing popularity of single-serving meals and ethnic cuisines, have also driven demand for frozen cooked ready meals, as they offer a wider range of options to meet diverse tastes and dietary needs.

Expansion of Retail and Online Channels

The expansion of retail as well as online channels are contributing to the growth of the Frozen Cooked Ready Meals Market Industry. Today, frozen cooked ready meals are available at most of the supermarkets, convenience stores, as well as online retailers. For consumers, these online stores are convenient because they allow consumers to purchase from the comfort of their homes. Thus, frozen cooked ready meals sales are increasing through the expansion of retail and online distribution channels.

Frozen Cooked Ready Meals Market Segment Insights

Frozen Cooked Ready Meals Market Type Insights  

The Frozen Cooked Ready Meals Market is segmented by Type into Single-Serving Meals, Family-Sized Meals, and Party Platters. Single-serving meals are the most popular type of frozen cooked ready meals, accounting for over 50% of the market revenue in 2023. They are convenient and easy to prepare, making them ideal for busy individuals and small households. The market for single-serving meals is expected to continue to grow at a steady pace, driven by the increasing demand for convenience and the growing number of single-person households.Family-sized meals are the second most popular type of frozen cooked ready meals, accounting for around 30% of the market revenue in 2023. They are a convenient option for families with busy schedules, as they can be quickly and easily heated up and served. The market for family-sized meals is expected to grow at a moderate pace in the coming years, driven by the increasing number of working parents and the growing popularity of home-cooked meals. Party platters are a type of frozen cooked ready meal that is typically served at parties and other social gatherings.They are a convenient and easy way to feed a large number of people, and they can be customized to include a variety of different dishes. The market for party platters is expected to grow at a steady pace in the coming years, driven by the increasing popularity of home entertainment and the growing demand for convenience.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Frozen Cooked Ready Meals Market Cuisine Insights  

The cuisine segment of the Frozen Cooked Ready Meals Market is highly diverse, catering to a wide range of tastes and preferences. Italian cuisine, with its emphasis on fresh ingredients and bold flavors, is projected to hold a significant market share in 2023, with a projected revenue of USD 3.6 billion. Mexican cuisine, known for its vibrant spices and unique flavors, is expected to exhibit a CAGR of 5.2%, reaching a market valuation of USD 2.8 billion by 2032. Chinese cuisine, with its diverse regional variations and emphasis on balance and harmony, is estimated to account for USD 2.2 billion in revenue in 2023.American cuisine, characterized by its convenience and comfort food appeal, is projected to grow at a CAGR of 4.8%, reaching a market size of USD 2 billion by 2032. Indian cuisine, with its aromatic spices and rich flavors, is expected to witness steady growth, having captured a market share of USD 1.9 billion in 2023. These insights provide valuable data for industry stakeholders to understand the evolving trends and preferences within the Frozen Cooked Ready Meals Market.

Frozen Cooked Ready Meals Market Dietary Restrictions Insights  

The Dietary Restrictions segment is a crucial part of the Frozen Cooked Ready Meals Market, catering to consumers with specific dietary needs and preferences. Within this segment, the Gluten-Free category holds a significant market share, driven by the rising prevalence of celiac disease and gluten intolerance. The Low-Sodium category is also witnessing steady growth due to increasing awareness about the health risks associated with excessive sodium intake. The Low-Fat category targets health-conscious consumers seeking convenient and nutritious meal options.Vegetarian and Vegan sub-segments are gaining traction as more people adopt plant-based diets for ethical, environmental, and health reasons. In 2023, the Frozen Cooked Ready Meals Market revenue from the Dietary Restrictions segment is estimated to be around USD 1.5 billion, and it is projected to grow at a CAGR of 4.8% during the forecast period, reaching USD 2.1 billion by 2032. The growing demand for convenient and healthier meal solutions is fueling the growth of this segment.

Frozen Cooked Ready Meals Market Packaging Format Insights  

The Frozen Cooked Ready Meals Market is segmented based on Packaging Format into Trays, Bowls, Wraps, and Bento Boxes. Among these, Trays held the largest market share in 2023, accounting for over 40% of the market. The growth of the Trays segment can be attributed to their convenience and ability to maintain the quality of the food. Bowls are expected to witness the fastest growth during the forecast period, owing to their versatility and ease of consumption. Wraps and Bento Boxes are also gaining popularity, particularly among on-the-go consumers.The increasing demand for convenient and portable food options is driving the growth of the Frozen Cooked Ready Meals market.

Frozen Cooked Ready Meals Market Regional Insights  

The Frozen Cooked Ready Meals Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America and Europe are the dominant markets, accounting for a significant share of the revenue. The APAC region is expected to witness the highest growth rate during the forecast period, owing to the increasing demand for convenient and time-saving food options in emerging economies such as China and India. South America and MEA are also expected to contribute to the overall market growth, albeit at a slower pace.The growth in these regions can be attributed to the rising disposable income and urbanization, leading to a shift towards processed and ready-to-eat food products.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Frozen Cooked Ready Meals Market Key Players And Competitive Insights

In the increasingly competitive Frozen Cooked Ready Meals Market Market, some of the prominent players have managed to carve out a large share with their extensive presence. Nestle is one of the leading players, having a significant presence with its extensive product range and innovative marketing strategies. McCain Foods is a prominent player in the production of high-quality frozen potato products. Tyson Foods is one of the well-known companies that dominate the sales with their frozen meat products. Other than these companies, Conagra Brands and Kraft Heinz are big market players along with their products in the Frozen Cooked Ready Meals Market market.Apart from its competitors, Nestle stands out with its prominent products and extensive products. Some of the popular brands of the company in the market include DiGiorno, Stouffer's, and Lean Cuisine. Nestle, with its distribution network, has a larger presence in the market. Over the years, the innovative products of the company have been highly successful in target markets. While it is a big and important player in the market, the company does face competition from frozen meat products by Tyson Foods. Tyson Any'tizers and Jimmy Dean of Tyson Foods are some of its popular brands in the market. The brand of Tyson Foods resonates well with consumers through its emphasis on convenience and value. Over the years, the commitment of Tyson Foods to sustainability and food safety has also enhanced the appeal of the product to consumers.

Key Companies in the Frozen Cooked Ready Meals Market Include

• McCain Foods


• Wilmar International


• Smithfield Foods


• The Kraft Heinz Company


• Bunge


• Conagra Brands


• Nestle


• Tyson Foods


• Mondelez International


• Cargill


• JBS


• Archer Daniels Midland Company


• Ajinomoto


• Kellogg Company


• Unilever

Frozen Cooked Ready Meals Market Industry Developments

The frozen cooked ready meals market is projected to reach USD 25.49 billion by 2032, exhibiting a CAGR of 4.44% during the forecast period. The rising demand for convenience foods, coupled with the increasing popularity of home delivery services, is driving the market growth. Additionally, the growing number of working women and the increasing disposable income of consumers are contributing to the market expansion. The market is expected to witness significant growth in the Asia-Pacific region, owing to the rising urbanization and changing lifestyles in countries such as China and India. Furthermore, the increasing penetration of e-commerce platforms is expected to boost the market growth in the region further.

Frozen Cooked Ready Meals Market Segmentation Insights

Frozen Cooked Ready Meals Market Type Outlook

• Single-Serving Meals


• Family-Sized Meals


• Party Platters

Frozen Cooked Ready Meals Market Cuisine Outlook

• Italian


• Mexican


• Chinese


• American


• Indian

Frozen Cooked Ready Meals Market Dietary Restrictions Outlook

• Gluten-Free


• Low-Sodium


• Low-Fat


• Vegetarian


• Vegan

Frozen Cooked Ready Meals Market Packaging Format Outlook

• Trays


• Bowls


• Wraps


• Bento Boxes

Frozen Cooked Ready Meals Market Regional Outlook

• North America


• Europe


• South America


• Asia-Pacific


• Middle East and Africa

Frozen Cooked Ready Meals Market Report Scope