Friday, April 8th, 2016 - WiseGuyReports

WiseGuyReports.com adds“Frozen Ready Meals Global Market Analysis to 2016 & Forecast to 2020”reports to its database. We can offer you discount on this report.

This market research analysis presents a detailed segmentation of the global frozen ready meals market by distribution channels (hypermarkets and supermarkets, convenience stores, independent retailers, and others) and by geography (Americas, APAC, Europe, and MEA). It also analyzes the key vendors and their market shares, including ConAgra, Fleury Michon, Kraft Heinz, Nestlé, and Unilever.

Outlook of the global frozen ready meals market 
Frozen ready meals include a large portfolio of food products, including beef meals, chicken meals, frozen pizza, and various types of frozen vegetarian meals. Frozen ready meals are a convenient alternative to cooking and are increasingly being preferred by the working population as they are free from microbial attacks. The global market for frozen ready meals will exhibit moderate growth during the forecast period, and the prospects for its growth will be fostered by the populace’s rising preference for on-the-go foods. Since frozen ready meals have a large portfolio ranging from beef to different types of vegetables, consumers increasingly prefer them over fully cooked meals as it helps to save time and also gives them a variety of options to choose from. The global market for frozen ready meals will grow at a CAGR of nearly 3% until 2020.

Technavio’s market research analyst has estimated eminent factors, such as the augmented demand for premium ready meals, to drive market growth during the forecast period. Premium frozen ready meals promise product quality, packaging, taste, color, freshness, vitamin content, texture, taste, and shelf life. Due to growing concerns over health and wellness among consumers, the demand for premium frozen ready meals is increasing. Consumers prefer the products with locally procured ingredients as they are healthier and go through fewer processing cycles than other ready meals. Consequently, consumers in the global frozen ready meals market are increasingly seeking premium frozen ready meals that offer much more value than their traditional counterparts.

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Distribution channel-based segmentation of the frozen ready meals market 
- Hypermarkets and supermarkets 
- Convenience stores 
- Independent retailers

In this market study, analysts have estimated the hypermarkets and supermarkets segment to be the largest market segment during the predicted period. At present, this market segment accounts for a market share of more than 73% and the prospects for its growth will be impelled by the recent boom in organized retail, especially in the developing economies. Also, with the growing prevalence of e-tailing, the online sale of ready meals is anticipated to increase rapidly.

Geographical segmentation of the frozen ready meals market 
- Americas 
- APAC 
- Europe 
- MEA

In terms of geography, the Americas will be the largest market for frozen ready meals during the forecast period. Factors such as the rising demand for packaged food coupled with innovations in packaging and technological production will lead to the augmented demand for frozen ready meal products in this region. Comprehensive market research carried out by the in-house analysts at Technavio has shown that the market for frozen ready meals in the Americas will grow at a CAGR of almost 1% by 2020.

Competitive landscape and key vendors 
The global frozen ready meals market is subject to constantly changing consumer demands and preferences. The market is characterized by the presence of numerous large and small vendors and is highly fragmented because of the presence of numerous small and large vendors. The private-label retailers in this market account for a major part of the overall market share and they compete with other vendors on the basis of product price, quality, product differentiation, distribution, and promotion.

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Top vendors in the market are -

- ConAgra 
- Fleury Michon 
- Kraft Heinz 
- Nestlé 
- Unilever 
Other prominent vendors analyzed in this market study are 2 Sisters Food Group, Ajinomoto, Amy’s Kitchen, Europastry, Findus Group, Frosta, General Mills, Greencore Group, Iceland Foods, LDC Sable, Iglo Group, JBS, Kellogg, Kerry, Maple Leaf Foods, McCain, Nichirei Foods, Pinnacle Foods, Sanquan Food, and The Schwan Food.

Key questions answered in the report include 
- What will the market size and the growth rate be in 2020? 
- What are the key factors driving the frozen ready meals market? 
- What are the key market trends impacting the growth of the global frozen ready meals market? 
- What are the challenges to market growth? 
- Who are the key vendors in the global frozen ready meals market? 
- What are the market opportunities and threats faced by the vendors in the global frozen ready meals market? 
- Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA. 
- What are the key outcomes of the five forces analysis of the global frozen ready meals market?

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