The report presents an in-depth assessment of the Europe Ready-to-Eat including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Europe Ready-to-Eat investments from 2020 till 2025.
The Europe market for ready-to-eat food market is poised to grow at a CAGR of 4.2% during the forecast period (2019-2024).
The Europe Ready-to-Eat market is highly competitive and consists of a number of major players. Top Companies like Nomad Foods Ltd, Nestle, McCain Foods, Premier Foods, ConAgra Inc., Dr. August Oetker, FRoSTA AG, Frima NV among others.
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Scope of the Report
Europe market for ready-to-eat food market is segmented by product type into Instant Breakfast/Cereals, Instant Soups & Snacks, Ready Meals, Baked Goods, Meat Products, and Others. The market is segmented by Distribution Channel into Hypermarkets / Supermarkets, Convenience Stores, Food Specialty Stores, Departmental Stores, Online Retailers, and Others. The regional analysis of the market is also provided.
Key Market Trends
Frozen Foods Dominates The Market
The growth of the frozen food segment is primarily be driven by the increasing demand and consumption of frozen foods in the developing countries across Europe, whereas, the developed markets are expected to continue their growth at a moderate pace, majorly driven by the mounting consumer preference for healthy frozen foods. The rising demand for convenience food and innovative packaging techniques is the driving factor for the growth of frozen ready-to-eat food across the region. The frozen pizza segment is considered one of the major segments under frozen ready-to-eat, as they are considered as the most popular junk food in the region. In addition, improvements in the nutritional value of frozen pizza, interesting ingredient profiles, and ease with which it can be cooked fuel its demand among the young population.
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France Holds A Major Share In Europe Ready-To-Eat Market
The convenience factor associated with ready-to-eat food is also complemented by the on-the-go snacking trend. The food service sector in France has been rapidly diversifying its product portfolio to include different types of ready-to-eat food products. The demand for such convenient food in France has been increasing manifold from rapidly emerging cafes, restaurants, in-store bakeries, and coffee shops, which typically procure ready-to-eat food to provide instant delicacies. The demand for ready meals that are additive free, minimally processed, and with extended shelf-life is expected to drive the market. Moreover, manufacturers operating in the country are constantly looking for innovation, by expanding their product portfolio, launching new products, and even adopting packaging-level modifications, in order to increase their customer base and gain competitive advantage.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Europe Ready-to-Eat Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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