Research Expert: Sarah Overall
  • Published: Feb 2025
  • Pages: 150
  • SKU: IRTNTR72944

  • Latest News- Frozen Ready Meals Market: Frozen entree is expected to lead the Product segment during 2025-2029

    The Frozen Ready Meals Market is being driven by New product launches

    The Frozen Ready Meals Market is expected to grow at a CAGR of 11% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 66.3 billion. In the dynamic and competitive frozen ready meals market, private-label products have emerged as a strategic priority for retailers. These branded offerings, which carry the retailer's name, have experienced significant growth. For instance, in 2024, private-label frozen food sales surged by 75%. Consumers increasingly prefer private brands due to their cost-effectiveness without sacrificing taste, variety, or quality. Retailers further bolster consumer loyalty by offering in-store promotions and discounts on their private-label frozen meals. Notably, e-commerce giants like Amazon and consumer value stores, such as CVS, have expanded their private-label frozen food offerings to boost their grocery businesses. 

    Get more information on Frozen Ready Meals Market by requesting a sample report

    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Product
      • Frozen entree
      • Frozen pizza
      • Others
    • Geography
      • Europe
        • Germany
        • UK
        • France
      • North America
        • Canada
        • US
      • APAC
        • China
        • India
        • Japan
      • South America
        • Brazil
      • Middle East and Africa

      According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

      • New product launches
      • Growing consumer inclination toward vegan frozen ready meals
      • Convenience factor related to usage of frozen ready meals

      However, the market also witnesses some limitations, which are as follows:

      • Challenges in warehousing of frozen foods
      • Decline in consumption owing to obesity and other health concerns
      • Health risks associated with consumption of frozen ready meals

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      Market Scope in Frozen Ready Meals Market Research Report

      Market Scope

      Report Coverage

      Details

      Page number

      180

      Base year

      2024

      Historic period

      2019-2023

      Forecast period

      2025-2029

      Growth momentum & CAGR

      Accelerate at a CAGR of 11%

      Market growth 2025-2029

      USD 66.3 billion

      Market structure

      market_structure.ucfirst

      YoY growth 2024-2025(%)

      9.6

      Key countries

      US, Germany, UK, Canada, Japan, France, China, Brazil, India, and Saudi Arabia

      Competitive landscape

      Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

      Request Free Sample

      Find out which segment is leading the market by accessing the free PDF report

      Research Analysis Overview

      The Frozen Ready Meals Market caters to various consumer preferences with offerings including home delivery, healthy eating habits, personalized nutrition, and meal plans for food allergies. Brands focus on providing healthy snacks, balanced meals, and convenient options, all while reducing food waste with sustainable packaging. Ethical food sourcing, diet-friendly meals, and low-carb options are also prioritized. Plant-based protein, gluten-free, and soy-free meals are available, along with vegan, vegetarian, and nut-free options. Meal prep services, food subscription boxes, and microwaveable meals offer added convenience. Consumers can choose from a variety of healthy meal options, family-size meals, and meal kits, all while adhering to their healthy lifestyle and weight management goals. Brands like Stouffers provide a wide range of nutritious meals, including meat-free, dairy-free, and organic options, ensuring there's something for everyone.

      Market Research Overview

      The Frozen Ready Meals market is a significant segment of the global packaged foods and meals industry. Online grocery stores are key distributors of these individually portioned, convenient meals. Manufacturers, such as Conagra Brands with Lean Cuisine and Nestlé with their vegetarian offerings, prioritize food processing to eliminate microorganisms and extend shelf life, ensuring consumer safety and convenience. Smart tags provide nutrition information, catering to health-conscious consumers. Market growth is driven by the health benefits associated with minimally processed foods, including vegetables, which are rich sources of essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C. This market does not include food processing equipment manufacturers or producers of packaged alcoholic and non-alcoholic beverages.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


      Contacts

      Technavio Research
      Jesse Maida
      Media & Marketing Executive
      US: +1 844 364 1100
      UK: +44 203 893 3200
      Email: media@technavio.com
      Website: www.technavio.com/

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