Dinner RTE Foods Market Report

The global dinner ready-to-eat (RTE) foods market is one of the largest in the food industry. Analysts expect constant changes in market competition due to continuous shifts in consumer preferences and demands. Market competition could be mainly based on product promotion, brand image, packaging innovation, preparation time, use of fortified ingredients, and price. Manufacturers are expected to introduce interesting offerings to appeal to more number of consumers in the global market. According to a news release in February 2019, A Dozen Cousins, a US natural food company inspired by culture, launched a new range of naturally gluten-free, vegan, and non-GMO slow-simmered RTE beans. The new RTE beans are offered in microwaveable, BPA-free pouches.

QYR Consulting researchers project the global dinner RTE foods market to expand at a healthy CAGR of 6.0% between 2019 and 2025 to attain a valuation of approximately US$143.7 Bn by 2025. In 2018, the global market size was around US$95.5 Bn. The report digs deep into crucial aspects of the global market and shows how the global market growth may change during the forecast period.

Market Dynamics

Gradually rising demand for convenience and on-the-go food because of busy lifestyles of people is foreseen to bode well for the global dinner RTE foods market. As more commonly observed in developed countries, people with full-time jobs and hectic schedules usually prefer food that takes less time for preparation. Other factors such as rising number of marketing campaigns, launch of new products, increasing urbanization, and improving disposable income are anticipated to drive the growth of the global market. Availability of a variety of products in supermarkets and growth of organized retailers in high-demand regional markets are expected to create opportunities during the forecast period.

Market Segments

The global dinner RTE foods market is segmented into canned, chilled, and frozen by type of product. By application, the global market is segmented into convenience stores, independent retailers, hypermarket/supermarket, and others.

By Region

Key Players

Important companies operating in the global dinner RTE foods market are Nestlé, ITC, Unilever, 2 Sisters Food Group, Kraft Heinz, McCain Foods Limited, Fleury Michon, General Mills, Nomad Foods, Sigma Alimentos, JBS, Greencore Group, Hormel Foods, Campbell Soup, Smithfield Foods, ConAgra, Pinnacle Foods, The Schwan Food, and Tyson Foods.

Regional Analysis

North America – 38.60%

Europe – 29.92%

QYR Consulting uses its core strength to identify the trends that will shape the consumer goods industry in the coming decades. The launch of innumerable innovative products has dramatically changed lifestyles and outlook toward living. Relentless sales of a wide range of consumer goods have opened up growth avenues for several other industries such as electronics, clothing, and food and beverages amongst others. The reports listed below study how the changing economy, improving GDP, and rising purchasing power have created a fertile ground for growth of the consumer goods industry.

QYR Consulting deep dives into the changing patterns of the consumer goods industry that is spread over both developing and developed parts of the world. It estimates the market fluctuations and helps its readers to prepare for ever-changing consumer demands. The reports focus on giving the readers a thorough understanding of the competitive strategies of the companies to make meaningful business decisions.