Setting

North America Ready Meals Market 2020-2030 by Product Type, Food Source, Grade, Distribution Channel, and Country: Trend Forecast and Growth Opportunity

Published: 29 Dec 2020 | Report Code: 10247809 | Pages: 101

North America ready meals market is expected to grow by 6.0% annually in the forecast period and reach $74.2 billion by 2030 driven by convenience and time-saving, busier lifestyles, consumer preferences, and increasing demand for packaged food. Highlighted with 25 tables and 41 figures, this 101-page report “North America Ready Meals Market 2020-2030 by Product Type, Food Source, Grade, Distribution Channel, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America ready meals market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America ready meals market in every aspect of the classification from perspectives of Product Type, Food Source, Grade, Distribution Channel, End User, and Country. Based on Product Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. • Frozen Ready Meals • Chilled Ready Meals • Canned Ready Meals • Freeze Dried Ready Meals • Ambient Ready Meals • Other Product Types Based on Food Source, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. • Noodle-based Ready Meals • Rice-based Ready Meals • Pasta-based Ready Meals • Meat/Fish-based Ready Meals • Other Ready Meals Based on Grade, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. • Standard Ready Meals • Premium Ready Meals Based on Distribution Channel, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. • Supermarkets/Hypermarkets • Convenience Stores • Online Retail Stores • Other Distribution Channels Geographically, the following national/local markets are fully investigated: • U.S. • Canada • Mexico For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Product Type, Grade, and Distribution Channel over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in North America ready meals market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. Key Players (this may not be a complete list and extra companies can be added upon request): Ample Foods Pvt. Ltd. Conagra Brands Inc. Hormel Foods Corporation Iceland Foods Ltd JBS McCain Foods Nestle SA Nomad Foods Ltd Oetker Group The Campbell Soup Company The Kraft Heinz Company Tyson Foods Inc. Unilever WH Group (Smithfield Foods) (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table Of Contents

1 Introduction	6
1.1 Industry Definition and Research Scope	6
1.1.1 Industry Definition	6
1.1.2 Research Scope	7
1.2 Research Methodology	10
1.2.1 Overview of Market Research Methodology	10
1.2.2 Market Assumption	11
1.2.3 Secondary Data	11
1.2.4 Primary Data	11
1.2.5 Data Filtration and Model Design	13
1.2.6 Market Size/Share Estimation	14
1.2.7 Research Limitations	15
1.3 Executive Summary	16
2 Market Overview and Dynamics	19
2.1 Market Size and Forecast	19
2.1.1 Impact of COVID-19 on World Economy	20
2.1.2 Impact of COVID-19 on the Market	23
2.2 Major Growth Drivers	25
2.3 Market Restraints and Challenges	28
2.4 Emerging Opportunities and Market Trends	31
2.5 Porter’s Fiver Forces Analysis	35
3 Segmentation of North America Market by Product Type	39
3.1 Market Overview by Product Type	39
3.2 Frozen Ready Meals	41
3.3 Chilled Ready Meals	42
3.4 Canned Ready Meals	43
3.5 Freeze Dried Ready Meals	44
3.6 Ambient Ready Meals	45
3.7 Other Product Types	46
4 Segmentation of North America Market by Food Source	47
4.1 Market Overview by Food Source	47
4.2 Noodle-based Ready Meals	49
4.3 Rice-based Ready Meals	50
4.4 Pasta-based Ready Meals	51
4.5 Meat/Fish-based Ready Meals	52
4.6 Other Ready Meals	53
5 Segmentation of North America Market by Grade	54
5.1 Market Overview by Grade	54
5.2 Standard Ready Meals	56
5.3 Premium Ready Meals	57
6 Segmentation of North America Market by Distribution Channel	58
6.1 Market Overview by Distribution Channel	58
6.2 Supermarkets/Hypermarkets	60
6.3 Convenience Stores	61
6.4 Online Retail Stores	62
6.5 Other Distribution Channels	63
7 North America Market 2019-2030 by Country	64
7.1 Overview of North America Market	64
7.2 U.S.	67
7.3 Canada	71
7.4 Mexico	73
8 Competitive Landscape	75
8.1 Overview of Key Vendors	75
8.2 New Product Launch, Partnership, Investment, and M&A	79
8.3 Company Profiles	80
Ample Foods Pvt. Ltd.	80
Conagra Brands Inc.	82
Hormel Foods Corporation	83
Iceland Foods Ltd	84
JBS	85
McCain Foods	86
Nestle SA	87
Nomad Foods Ltd	88
Oetker Group	89
The Campbell Soup Company	90
The Kraft Heinz Company	91
Tyson Foods Inc.	92
Unilever	93
WH Group (Smithfield Foods)	94
9 Investing in North America Market: Risk Assessment and Management	95
9.1 Risk Evaluation of North America Market	95
9.2 Critical Success Factors (CSFs)	98
Related Reports and Products	101
List Of Tables

Table 1.  Snapshot of North America Ready Meals Market in Balanced Perspective, 2019-2030	17
Table 2. Growth Rate of World Real GDP, 2017-2021	21
Table 3.  Main Product Trends and Market Opportunities in North America Ready Meals Market	31
Table 4. North America Ready Meals Market by Product Type, 2019-2030, $ bn	39
Table 5. North America Ready Meals Market by Food Source, 2019-2030, $ bn	47
Table 6. North America Ready Meals Market by Grade, 2019-2030, $ bn	54
Table 7. North America Ready Meals Market by Distribution Channel, 2019-2030, $ bn	58
Table 8. North America Ready Meals Market by Country, 2019-2030, $ bn	65
Table 9. U.S. Ready Meals Market by Product Type, 2019-2030, $ bn	69
Table 10. U.S. Ready Meals Market by Grade, 2019-2030, $ bn	69
Table 11. U.S. Ready Meals Market by Distribution Channel, 2019-2030, $ bn	69
Table 12. Canada Ready Meals Market by Product Type, 2019-2030, $ bn	72
Table 13. Canada Ready Meals Market by Grade, 2019-2030, $ bn	72
Table 14. Canada Ready Meals Market by Distribution Channel, 2019-2030, $ bn	72
Table 15. Mexico Ready Meals Market by Product Type, 2019-2030, $ bn	74
Table 16. Mexico Ready Meals Market by Grade, 2019-2030, $ bn	74
Table 17. Mexico Ready Meals Market by Distribution Channel, 2019-2030, $ bn	74
Table 18. Breakdown of North America Market by Key Vendor, 2019, %	77
Table 19. Ample Foods Pvt. Ltd.: Company Snapshot	80
Table 20. Ample Foods Pvt. Ltd.: Business Segmentation	80
Table 21. Ample Foods Pvt. Ltd.: Product Portfolio	81
Table 22. Ample Foods Pvt. Ltd.: Revenue, 2016-2018, $ bn	81
Table 23. Ample Foods Pvt. Ltd.: Recent Developments	81
Table 24.  Risk Evaluation for Investing in North America Market, 2019-2030	96
Table 25. Critical Success Factors and Key Takeaways	99
List Of Figures

Figure 1. Research Method Flow Chart	10
Figure 2. Breakdown of Primary Research	12
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation	14
Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030	16
Figure 5. North America Ready Meals Market, 2019-2030, $ bn	19
Figure 6. Impact of COVID-19 on Business	23
Figure 7. Primary Drivers and Impact Factors of North America Ready Meals Market	25
Figure 8. Primary Restraints and Impact Factors of North America Ready Meals Market	28
Figure 9. Investment Opportunity Analysis	32
Figure 10. Porter’s Fiver Forces Analysis of North America Ready Meals Market	35
Figure 11. Breakdown of North America Ready Meals Market by Product Type, 2019-2030, % of Revenue	39
Figure 12. North America Addressable Market Cap in 2020-2030 by Product Type, Value ($ bn) and Share (%)	40
Figure 13. North America Ready Meals Market: Frozen Ready Meals, 2019-2030, $ bn	41
Figure 14. North America Ready Meals Market: Chilled Ready Meals, 2019-2030, $ bn	42
Figure 15. North America Ready Meals Market: Canned Ready Meals, 2019-2030, $ bn	43
Figure 16. North America Ready Meals Market: Freeze Dried Ready Meals, 2019-2030, $ bn	44
Figure 17. North America Ready Meals Market: Ambient Ready Meals, 2019-2030, $ bn	45
Figure 18. North America Ready Meals Market: Other Product Types, 2019-2030, $ bn	46
Figure 19. Breakdown of North America Ready Meals Market by Food Source, 2019-2030, % of Sales Revenue	47
Figure 20. North America Addressable Market Cap in 2020-2030 by Food Source, Value ($ bn) and Share (%)	48
Figure 21. North America Ready Meals Market: Noodle-based Ready Meals, 2019-2030, $ bn	49
Figure 22. North America Ready Meals Market: Rice-based Ready Meals, 2019-2030, $ bn	50
Figure 23. North America Ready Meals Market: Pasta-based Ready Meals, 2019-2030, $ bn	51
Figure 24. North America Ready Meals Market: Meat/Fish-based Ready Meals, 2019-2030, $ bn	52
Figure 25. North America Ready Meals Market: Other Ready Meals, 2019-2030, $ bn	53
Figure 26. Breakdown of North America Ready Meals Market by Grade, 2019-2030, % of Sales Revenue	54
Figure 27. North America Addressable Market Cap in 2020-2030 by Grade, Value ($ bn) and Share (%)	55
Figure 28. North America Ready Meals Market: Standard Ready Meals, 2019-2030, $ bn	56
Figure 29. North America Ready Meals Market: Premium Ready Meals, 2019-2030, $ bn	57
Figure 30. Breakdown of North America Ready Meals Market by Distribution Channel, 2019-2030, % of Revenue	58
Figure 31. North America Addressable Market Cap in 2020-2030 by Distribution Channel, Value ($ bn) and Share (%)	59
Figure 32. North America Ready Meals Market: Supermarkets/Hypermarkets, 2019-2030, $ bn	60
Figure 33. North America Ready Meals Market: Convenience Stores, 2019-2030, $ bn	61
Figure 34. North America Ready Meals Market: Online Retail Stores, 2019-2030, $ bn	62
Figure 35. North America Ready Meals Market: Other Distribution Channels, 2019-2030, $ bn	63
Figure 36. Breakdown of North America Ready Meals Market by Country, 2019 and 2030, % of Revenue	65
Figure 37. Contribution to North America 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%)	66
Figure 38. U.S. Ready Meals Market, 2019-2030, $ bn	68
Figure 39. Canada Ready Meals Market, 2019-2030, $ bn	71
Figure 40.  Ready Meals Market in Mexico, 2015-2030, $ bn	73
Figure 41. Growth Stage of North America Ready Meals Industry over the Forecast Period	75

Key Players (this may not be a complete list and extra companies can be added upon request): 
Ample Foods Pvt. Ltd.	
Conagra Brands Inc.	
Hormel Foods Corporation	
Iceland Foods Ltd	
JBS	
McCain Foods	
Nestle SA	
Nomad Foods Ltd	
Oetker Group	
The Campbell Soup Company	
The Kraft Heinz Company	
Tyson Foods Inc.	
Unilever	
WH Group (Smithfield Foods)