Ready Meal Market Report 2025 (Global Edition)

Global Ready Meal Market Report 2025 Market Size Split by Type (Canned/Preserved Ready Meals, Chilled Ready Meals, Dried Ready Meals, Frozen Ready Meals, Prepared Salads, Others), by End User (Resid...

Ready Meal Market Report Description

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Competitive Landscape of the Ready Meal Market

In the Ready Meal Market's competitive landscape, numerous key competitors are driving innovation and growth. These companies specialize in creating convenient, ready-to-eat meals made from high-quality ingredients that cater to various dietary needs and preferences. Market rivalry is encouraging advancements in meal packaging, flavor variety, and nutrition to meet consumer demands while ensuring convenience. This competition fosters the development of new product lines, including plant-based, organic, and international cuisine options, keeping the market dynamic and competitivef.

In December 2024, General Mills has expanded its product lineup with the launch of Cheerios Protein, a new cereal offering that contains 8 grams of protein per serving. Available in two flavors, Cinnamon and Strawberry, this cereal aims to cater to the growing consumer demand for protein-rich breakfast options. The launch aligns with a trend where 71% of consumers are actively seeking to increase their protein intake in their diets. (Source: https://www.businesswire.com/news/home/20241212359980/en/General-Mills-Expands-Protein-Product-Lineup-with-Launch-of-Cheerios-Protein) In December 2024, Magicpin has launched MagicNow, a new 15-minute food delivery service, in major Indian cities including Bengaluru, Hyderabad, Mumbai, Chennai, Delhi-NCR, and Pune. This service aims to meet the growing demand for ultra-fast food delivery by partnering with over 3,000 restaurants, including well-known chains and local eateries, while avoiding the dark kitchen model commonly used by competitors. (Source: https://timesofindia.indiatimes.com/technology/tech-news/magicpin-launches-15-minute-food-delivery-service-magicnow-in-indian-cities/articleshow/116480742.cms) In June 2024, McDonald's launched a $5 meal at select U.S. locations to attract lower-income customers amid rising inflation. The deal included a choice of a McDouble or McChicken sandwich, small fries, four-piece Chicken McNuggets, and a small soft drink. This initiative followed similar moves by competitors like Burger King, which also introduced budget-friendly meal options. (Source: https://economictimes.indiatimes.com/news/international/business/mcdonalds-5-meal-deal-to-launch-next-week-as-fast-food-chains-woo-frugal-customers/articleshow/111144250.cms?from=mdr)

Top Companies Market Share in Ready Meal Industry: (In no particular order of Rank)

• Dr. Oetker
• Nomad Foods
• Green Mill Foods
• 2 Sisters Food Group
• Nestlé
• General Mills Inc.
• Kellogg Company
• Conagra Brands Inc.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Ready Meal Market

Which Region Dominates the Ready Meal Market in 2024?

According to Cognitive Market Research, North America currently dominates the Ready Meal market, and the region is expected to have significant growth during the projected period. The demand for ready meals in this region is driven by busy lifestyles, a growing working population, and increasing preference for convenient food options. As consumers seek quick and easy meal solutions, ready meals are becoming a popular choice, especially in urban areas. The region is expected to experience continued growth during the forecast period as more people adopt ready-made meals for convenience and time-saving.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). his growth is driven by factors such as rapid urbanization, an expanding middle class, and changing consumer lifestyles. As more people in countries like China, India, and Japan seek convenience in their meals, the demand for ready-to-eat food is rising. Additionally, the increasing popularity of online food delivery services and modern retail channels is making ready meals more accessible.

The current report Scope analyzes Ready Meal Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Ready Meal

According to Cognitive Market Research, the global Ready Meal market size was estimated at USD 171245.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 68498.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Ready Meal market with a market size of USD 54045.11 million in 2024 and is projected to grow at a CAGR of 5.9% during the forecast period. The U.S. market's High demand for convenient and ready-to-eat meals among busy consumers.
• The Canada Ready Meal market had a share of USD 8219.34 million in 2024 and is projected to grow at a CAGR of 6.9% during the forecast period. Canada’s Rising preference for frozen and premium-quality ready meals.
• The Mexico Ready Meal market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 6233.34 million in 2024.

Europe Ready Meal

According to Cognitive Market Research, the global Ready Meal market size was estimated at USD 171245.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 51373.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• The United Kingdom Ready Meal market had a market share of USD 8630.78 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. In the UK, Ready Meal sales witness an upswing due to the growing preference for convenience foods.
• The France Ready Meal market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 4726.6 million in 2024.
• According to Cognitive Market Research, the German Ready Meal market size was valued at USD 10171.99 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. In Germany, Ready Meal surged due to the rising demand for premium-quality and organic ready meal options .
• The Italy Ready Meal market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 4418 million in 2024.
• The Russia Ready Meal market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 55.28 million in 2024.
• The Spain Ready Meal market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 99.63 million in 2024
• The Luxembourg Ready Meal market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 52.95 million in 2024.
• The Portugal Ready Meal market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 19.93 million in 2024.
• The Greece Ready Meal market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 13.50 million in 2024.
• The Rest of Europe's Ready Meal market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 99.63 million in 2024.

Asia Pacific Ready Meal

According to Cognitive Market Research, the global Ready Meal market size was estimated at USD 171245.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD39386.49 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.

• According to Cognitive Market Research, the China Ready Meal market size was valued at USD 17723.92 million in 2024 and is projected to grow at a CAGR of 9.4% during the forecast period. Ready Meal surged in China due to rising consumer demand for convenience.
• The Japan Ready Meal market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 5435.34 million in 2024.
• The India Ready Meal market had a market share of USD 4726.38 million in 2024 and is projected to grow at a CAGR of 11.7% during the forecast period. India's increasing urbanization.
• The South Korean Ready Meal market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 3938.28 million in 2024.
• The Australian Ready Meal market is projected to witness growth at a CAGR of 9.6% during the forecast period, with a market size of USD 2048.10 million in 2024.
• The South East Asia Ready Meal market is projected to witness growth at a CAGR of 10.9% during the forecast period, with a market size of USD 2717.67 million in 2024.
• The Rest of Asia Pacific Ready Meal market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 2796.44 million in 2024.

South America Ready Meal

According to Cognitive Market Research, the global Ready Meal market size was estimated at USD 171245.6 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 8562.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Ready Meal market size was valued at USD 3664.66 million in 2024 and is projected to grow at a CAGR of 7.9% during the forecast period. Ready Meal flourished in Brazil due to increased demand for ready meals.
• Argentina's Ready Meal market had a market share of USD 1468.8 million in 2024 and is projected to grow at a CAGR of 8.2% during the forecast period. Argentina's consumers seek convenient.
• Colombia Ready Meal market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 762.04 million in 2024.
• Peru Ready Meal market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 702.11 million in 2024.
• Chile Ready Meal market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 616.48 million in 2024.
• The Rest of Latin America's Ready Meal market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 1378.45 million in 2024.

Middle East Ready Meal

According to Cognitive Market Research, the global Ready Meal market size was estimated at USD 171245.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 3424.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031..

• The GCC Countries Ready Meal market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 1465.86 million in 2024. Ready Meal sales flourish due to the growing urban population.
• The Egypt Ready Meal market is projected to witness growth at a CAGR of 7.9% during the forecast period, with a market size of USD 359.62 million in 2024.
• The South Africa Ready Meal market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 541.14 million in 2024. Ready Meal sales flourished in South Africa due to increasing middle-class spending.
• The Turkey Ready Meal market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 294.54 million in 2024.
• The Nigeria Ready Meal market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 359.62 million in 2024.
• The Rest of the MEA Ready Meal market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 404.14 million in 2024.

Ready Meal Market Analysis

How are Segments Performing in the Global Ready Meal Market?

Ready Meal Market Type Segment Analysis

According to Cognitive Market Research, Frozen Ready Meals is likely to dominate the Ready Meal Market over the forecast period. Their popularity is attributed to their convenience, as they require minimal preparation, making them ideal for busy individuals and families. Additionally, their longer shelf life and easy availability in supermarkets have made them a preferred choice among consumers. Frozen meals also offer a wide variety of options, catering to diverse tastes and dietary preferences. The ability to store these meals for extended periods without compromising quality has solidified their position as the most consumed ready meal type in the market.

Prepared Salads is the fastest-growing segment in the Ready Meal Market. his growth is fueled by the increasing focus on healthy eating and demand for fresh, ready-to-eat options. Consumers are becoming more health-conscious, favoring salads for their nutritional value and convenience. Additionally, the rise of fitness trends and awareness about maintaining a balanced diet has contributed to the popularity of prepared salads. With their portability and appeal to both individuals and food service providers, this subsegment is poised for significant expansion, reflecting evolving consumer preferences toward healthier meal options.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Ready Meal Industry. Request a Free Sample PDF!

Ready Meal Market End User Segment Analysis

According to Cognitive Market Research, the Residential segment holds the largest share of the market. his dominance is driven by the growing need for quick and convenient meal solutions for home consumption. Busy lifestyles, particularly among working professionals and urban households, have led to an increased reliance on ready meals. These meals provide an efficient alternative to home-cooked food without compromising on taste or variety.

In the Ready Meal Market, Food Services have been expanding at a rapid pace. Restaurants, cafes, and delivery services are increasingly incorporating ready-meal solutions into their offerings. This trend is driven by the convenience of serving pre-prepared dishes that save time and effort while maintaining quality and taste. Additionally, the rise of online food delivery platforms has boosted the adoption of ready meals in the food service industry. As consumer preferences shift toward convenient dining options, this segment is expected to experience substantial growth in the coming years.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Ready Meal Distribution Channel Segment Analysis

Ready Meal Market Forecast Distribution Channel Segment Analysis

According to Cognitive Market Research, Store-based Retailing segment holds the largest market share. Supermarkets, hypermarkets, and convenience stores are the primary purchase points for ready meals, offering customers easy access to a wide variety of options. Consumers trust these stores for their quality assurance and the opportunity to physically inspect products before purchase. The convenience of one-stop shopping and the availability of promotional offers further drive the dominance of store-based retailing in the market.

In the Ready Meal market, the rapidly growing sector is the Online Retailing category driven by the rapid growth of e-commerce and digital platforms. Online channels offer convenience, a wide product selection, and doorstep delivery, making them increasingly popular among consumers. The COVID-19 pandemic accelerated the shift to online shopping, and this trend continues to grow. With the integration of user-friendly apps, discounts, and subscription models, online retailing has become a preferred choice for purchasing ready meals. This growth is further supported by advancements in logistics and the expansion of internet connectivity worldwide.

• Online
• Offline

Ready Meal Meal Type Segment Analysis

• Vegan
• Vegeterian
• Non Vegeterian

Ready Meal Price Segment Analysis

• Low
• Medium
• High

Author's Detail

Sneha Singh

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two three years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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