Global Prepared Food Market was valued at USD 25 Billion in 2022 and is projected to reach USD 40 Billion by 2030, growing at a CAGR of 6% from 2024 to 2030.
The Prepared Food Market has been experiencing significant growth, driven by increasing demand for convenience and ready-to-eat meals across the globe. With busy lifestyles and the growing popularity of on-the-go consumption, consumers are turning to prepared foods as a practical solution. This market has expanded beyond traditional frozen meals to include fresh, organic, and health-conscious options, catering to a wide variety of dietary needs and preferences.
Research shows that the global prepared food market is expected to continue its upward trajectory, with an estimated market value of over $250 billion by 2025. This growth is attributed to factors such as rising disposable incomes, urbanization, and a shift towards healthier eating habits. Notably, the market has seen a surge in demand for plant-based prepared foods, as more people adopt vegan or vegetarian diets.
In addition to convenience, many consumers are now seeking meals that align with their health goals. The rise of gluten-free, low-carb, and high-protein prepared food options indicates a shift in consumer priorities, with many opting for meals that not only save time but also offer nutritional benefits.
Moreover, technological advancements in food packaging and preservation have helped maintain the freshness and quality of prepared meals, making them more appealing to health-conscious consumers. From microwaveable dishes to high-end gourmet ready meals, the industry has embraced innovation to meet evolving consumer needs.
Retailers and foodservice providers are increasingly offering prepared food options in response to the growing demand, with many focusing on convenience, quality, and customization. The competition is fierce, with major players continuously expanding their product offerings and experimenting with new flavors and ingredients to stand out in the market.
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PFI Foods
JBS Foods
Tyson Foods
SYSCO
Kobe Bussan
Nichirei Corporation
IMES
Atenk
Thai President Foods Plc
UPG-INVEST LLC
Primafonte Srl
HSL Food
HelloFresh
Synear Food
Weizhixiang Food
Zhanjiang Guolian Aquatic Products
Huifa Foodstuff
Haixin Foods
Qianwei Central Kitchen Food
Sanquan Food
Fortune Ng Fung Food
Anjoy Foods
LongDa Foodstuff Group
Springsnow Food Group
Haidilao
Fresh Hema
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Prepared Food Market
Online Sales
Offline Sales
Based on Types the Market is categorized into Below types that held the largest Prepared Food market share In 2023.
Bagged
Boxed
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Prepared Food Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Prepared Food Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Prepared Food Market, By Type
6. Global Prepared Food Market, By Application
7. Global Prepared Food Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Prepared Food Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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