Global Prepared Meals Report: Forecasts to 2020 for the $80.4 Billion Market - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Prepared Meals Report" report to their offering.

The Global Prepared Meals market is projected to grow at a CAGR of 3.3% in value terms during 2015-2020; with 2015 market valuation standing at US$80.4 billion.

Busier lifestyles and changing eating patterns boost the consumption of Prepared Meals, as consumers increasingly feel pressed for time to cook food from scratch. Additionally, a growing number of women entering the workforce also result in greater demand for convenient and ready to eat products that help them save time and effort in cooking.

Rising disposable incomes and changing eating patterns in Latin America and Middle East & Africa regions due to urbanization will boost the consumer desire for having restaurant style gourmet food at home. Whilst time scarcity and lack of cooking skills among the young population in developing countries such as China and India; will continue to fuel the demand for quick (Ready Meals) and easy to prepare (Meal Kits) Prepared Meals.

Although the Prepared Meals market is largely driven by convenience, many consumers, especially in developing countries, perceive frozen and chilled categories to be unhealthy as they contain preservatives and fewer vegetables than home cooked meals. This has been pushing manufacturers to invest on marketing campaigns to educate consumers about recent developments in the market with new product launches featuring natural and organic ingredients as well as free from labels.

The global Prepared Meals market is highly fragmented with the top five brands holding less than 11% of the combined market share in 2015. Stouffer's, Heinz, Amy's, Marumiya, and DiGiorno are the leading brands in the global Prepared Meals market. Switzerland based Nestlé owns two of the global top five brands.

Key Topics Covered:

1. Executive Summary

2. Market Overview

3. Changes in Prepared Meals Food consumption patterns

4. Identifying high potential countries

5. Country Analysis

6. Case Examples/Success Stories

7. Competitive Landscape

8. Key Distribution Channels

9. Preferred Packaging Formats

10. Recommendations

11. Appendix

Companies Mentioned

- Amy's Kitchen

- BRF S.A.

- Continental Foods Germany GmbH

- DiGiorno

- Dr. Oetker

- FROSTA AG

- Fry's Family Foods

- Hortex Holding S.A.

- Kachestvennye Produkty ZAO

- Kraft Foods Group Inc.

- Lean Cuisine

- Mareven Food Central

- Marumiya

- McCain Foods Limited

- Nestlé

- Nichirei

- Nomad Foods Europe Ltd.

- Pakco (Pty) Ltd

- Perdigão

- Seara Alimentos

- Stouffer's

- Tiger Foods Limited

For more information about this report visit http://www.researchandmarkets.com/research/4nsh2r/global_prepared

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Processed Food

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Processed Food