According to a new report, published by KBV research, The Global Ready Meals Market size is expected to reach $275.9 billion by 2030, rising at a market growth of 7.7% CAGR during the forecast period. In the year 2022, the market attained a volume of 4,317.7 kilo tonnes experiencing a growth of 10.4% (2019-2022).
The Supermarkets/ Hypermarkets segment is leading the Global Ready Meals Market Market by Distribution Channel in 2022 thereby, achieving a market value of $116.4 billion by 2030. Ready meals are often available in supermarkets' chilled and frozen sections. Chilled ready meals are designed for short shelf life and immediate consumption, while frozen options provide a longer shelf life and greater convenience for storage at home. Supermarkets and hypermarkets frequently use promotional displays, shelf talkers, and marketing materials to highlight ready meals and inform customers about new products, discounts, or special offers. This enhances visibility and encourages consumer engagement. Supermarkets often adapt their ready-meal offerings to align with seasonal trends, holidays, or special occasions.
The Frozen Ready Meals segment is experiencing a CAGR of 8.1% during (2023 - 2030). Frozen pizzas offer a quick, hassle-free meal solution for busy individuals and families. Consumers can have a hot and satisfying meal in minutes with minimal preparation time. Frozen pizza brands have expanded their product lines to offer various flavors, crust types, and toppings. This variety allows consumers to choose pizzas that align with their taste preferences, ensuring something for everyone. Frozen pizzas are often more affordable than pizza from a restaurant or pizzeria.
The Europe region dominated the Global Ready Meals Market by Region in 2022 thereby, achieving a market value of $95 billion by 2030, growing at a CAGR of 7.3 % during the forecast period. The Asia Pacific region is experiencing a CAGR of 8% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 7.6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/ready-meals-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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
By Distribution Channel (Volume, kilo Tonnes, USD Billion, 2019-2030)
By Type (Volume, kilo Tonnes, USD Billion, 2019-2030)
By Geography (Volume, kilo Tonnes, USD Billion, 2019-2030)
Companies Profiled
Unique Offerings 
