Ready Meals Market Grow with a CAGR of 3.15% through 2030
The global ready meals
market is growing due to busy lifestyles, rising demand for convenience,
urbanization, and technological advancements in food processing, packaging, and
preservation, ensuring longer shelf life and variety
According to
TechSci Research report, “Ready Meals Market - Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the Global Ready Meals Market was valued
at USD 91.07 billion in 2024 and is expected to grow to USD 109.36 billion by
2030 with a CAGR of 3.15% during the forecast period. The global ready meals
market is undergoing significant transformation, driven by changing consumer
lifestyles, evolving dietary preferences, and advancements in food processing
technologies. As modern life becomes increasingly fast-paced, consumers are seeking
convenient, time-saving food solutions that align with their busy schedules.
Ready meals have emerged as a popular option, offering the ease of preparation
without compromising taste or quality. These meals are designed to be consumed
with minimal effort typically requiring just heating and cater to a wide
demographic, from students and working professionals to elderly individuals and
families.
The
market is experiencing strong momentum as consumers prioritize convenience,
especially amid rising urbanization and the growth of single-person households.
Alongside convenience, there is a growing focus on health and wellness,
prompting manufacturers to reformulate products with cleaner labels and
healthier ingredients. Consumers today are more conscious about what they
consume, leading to increasing demand for ready meals that are low in sodium,
sugar, and unhealthy fats. This has given rise to a wide range of options,
including organic, gluten-free, vegan, and high-protein ready meals that cater
to specific dietary needs and lifestyle choices. The shift towards clean-label
and health-oriented eating is also influencing packaging and labeling practices,
with transparent ingredient lists and nutritional information becoming standard
features.
This
trend toward premiumization is making ready meals more desirable, shifting
their image from being a last-resort option to a convenient yet high-quality
food choice. Premium ready meals are characterized by unique ingredients,
sophisticated recipes, and artisanal touches that offer restaurant-like
experiences at home. The rise of social media and food-related digital content
has further fueled demand for aesthetically pleasing and flavor-rich ready
meals.
Another
important trend influencing the market is the integration of digital technology
and the growing prominence of e-commerce. Online grocery shopping has surged in
recent years, driven in part by the pandemic and ongoing digital adoption.
Consumers now expect to find their favorite ready meals on online platforms,
with options for home delivery, subscription services, and meal kits. This
shift has allowed emerging brands to bypass traditional retail channels and
build direct relationships with consumers. Through direct-to-consumer (DTC)
models, companies can offer personalized meal plans, gather valuable feedback,
and adapt more quickly to changing preferences. Digital marketing strategies,
influencer collaborations, and targeted advertising are enhancing brand
visibility and loyalty, particularly among younger, tech-savvy audiences.
Despite
the positive outlook, the ready meals market is not without challenges.
Concerns over nutritional quality and over-processing remain significant
barriers, especially among health-conscious consumers. Maintaining the balance
between taste, nutrition, and shelf stability is an ongoing struggle for
manufacturers. In addition, the high level of competition and price sensitivity
in many markets require constant innovation and efficient cost management.
Supply chain complexities, particularly related to cold storage and logistics,
also pose operational hurdles that can affect product availability and
consistency. Nonetheless, the industry continues to invest in research and
development to address these issues, exploring new ingredients, preservation
methods, and sustainable practices.
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market data Figures spread through xx Pages and an in-depth TOC on
"Global Ready Meals Market”
The Ready Meals Market
is segmented into product type, meal type, sales channel and region.
Based on sales
channel, the online segment is the fastest-growing distribution channel in the
global ready meals market, fueled by the increasing adoption of e-commerce and
changing consumer shopping habits. Consumers are increasingly turning to online
platforms for convenience, wider product selection, and doorstep delivery. The
rise of grocery delivery apps, meal subscription services, and
direct-to-consumer websites has made ready meals more accessible than ever.
Digital platforms also offer personal recommendations and targeted promotions,
enhancing the customer experience. As more consumers prioritize time efficiency
and digital convenience, the online channel continues to gain momentum,
outpacing traditional retail formats in terms of growth and innovation.
Based
on region, Asia Pacific is the fastest-growing region in the global ready meals
market, driven by rapid urbanization, rising disposable incomes, and changing
dietary habits. Busy lifestyles and a growing middle class are fueling demand
for convenient, time-saving meal options. Increasing exposure to Western eating
patterns and the expansion of modern retail infrastructure are also
contributing to market growth. Additionally, the region is witnessing a surge
in online food delivery and e-commerce platforms, making ready meals more
accessible. As consumers seek diverse, affordable, and quick meal solutions,
manufacturers are expanding their product offerings to cater to the evolving
tastes across Asia Pacific.
Major companies
operating in the global Ready Meals Market are:
- Nestle S.A.
- Conagra Brands
Inc.
- The Kraft Heinz
Company
- Nomad Foods
Limited
- Tyson Foods
Inc.
- Unilever PLC
- Hormel Foods
Corporation
- Mars,
Incorporated
- Campbell Soup
Company
- Ajinomoto Co.,
Inc.
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“Technological innovation plays a
critical role in the ready meals market, particularly in food preservation and
packaging. Modern techniques such as high-pressure processing (HPP), modified
atmosphere packaging (MAP), vacuum sealing, and retort processing help extend
shelf life while retaining nutritional value and flavor. These advancements
ensure that ready meals maintain freshness and quality over longer periods,
enhancing their appeal among consumers who prefer stocking up on food without
frequent grocery trips. Packaging design is also evolving, with manufacturers
investing in microwave-safe, recyclable, and portion-controlled packaging to
meet consumer expectations for both convenience and sustainability.
Sustainability, in fact, is becoming a central theme across the industry.
Increasing environmental awareness is prompting both consumers and companies to
seek eco-friendly packaging options and reduce food waste. Many brands are
embracing biodegradable containers, recyclable trays, and minimalistic designs
that lower environmental impact while maintaining product safety and shelf
appeal, “Said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Ready Meals Market –
Global Industry Size, Share, Trends, Opportunity and Forecast, By Product Type
(Frozen, Chilled, Canned, Others), By Sales Channel (Supermarkets/Hypermarkets,
Convenience Stores, Online, Others), By Meal Type (Vegetarian, Non-vegetarian),
By Region & Competition, 2020-2030F”, has evaluated
the future growth potential of global Ready Meals Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global Ready Meals Market.
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