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Prepared Meals Market

Prepared Meals Market Unlocking Growth Potential: Analysis and Forecasts 2025-2033

Prepared Meals Market by Product (Frozen Meals, Chilled Meals, Canned Meals), by Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, Others), by Forecast 2026-2034

Mar 6 2025

Base Year: 2025

156 Pages

Prepared Meals Market Unlocking Growth Potential: Analysis and Forecasts 2025-2033

Key Insights

The Prepared Meals Market size was valued at USD 166.62 USD Billion in 2023 and is projected to reach USD 267.91 USD Billion by 2032, exhibiting a CAGR of 7.02 % during the forecast period. The Prepared Meals market refers to the industry involved in the production, packaging and distribution of food. Prepared foods are foods or foodstuffs that have been partially or completely heat-treated, processed, and packaged for convenient consumption by the consumer with little or no additional preparation. These meals are usually pre-packaged and can include a variety of items such as frozen meals, canned soups, microwavable snacks, pre-cut fruits and vegetables, sandwiches, salads, and more. The convenience food market has significant growth potential due to the changing lifestyles and preferences of consumers. By focusing on product innovation, strategic marketing, effective marketing, technological advancement and enhanced customer engagement, companies can effectively take advantage of new opportunities and drive growth in this competitive market.

Prepared Meals Trends

Increasing demand for convenience food
Growing popularity of plant-based prepared meals
Rise of e-commerce for prepared meal delivery

Prepared Meals Market Market Size and Forecast (2024-2030) — Prepared Meals Market Company Market Share

Driving Forces: What's Propelling the Prepared Meals Market

Increased demand for convenient and time-saving meal options due to fast-paced lifestyles and limited time for meal preparation
Shifting consumer preferences towards healthier and nutritious meals, driving growth in prepared meal services that offer balanced and wholesome options
Enhanced awareness and accessibility of meal preparation services through online platforms and subscription models, making it easier for consumers to access a variety of cuisines and dietary needs
Growing popularity of meal kits that provide pre-portioned ingredients and step-by-step instructions, empowering consumers to prepare healthy and flavorful meals at home
Increasing demand for prepared meals in corporate settings and healthcare facilities, catering to the needs of employees and patients with limited time and resources for meal preparation

Challenges and Restraints in the Prepared Meals Market

Competition from traditional home cooking
Concerns over the nutritional value of prepared meals
High cost of prepared meals compared to home-cooked alternatives

Emerging Trends in Prepared Meals

Personalized meal plans
Subscription-based meal delivery services
Integration of smart technology in meal preparation

Growth Catalysts in Prepared Meals Industry

Rising disposable income
Increasing urbanization
Technological advancements in food processing

Market Segmentation: Prepared Meals Analysis

Product:

Distribution Channel:

Supermarkets & Hypermarkets
Convenience Stores
Online Retail
Others

Leading Players in the Prepared Meals Market

General Mills (U.S.)
Nestle S.A. (Switzerland)
Tyson Foods (U.S.)
ConAgra Brands (U.S.)
Dr Oetker (Germany)
Green Mill Foods (U.S.)
Unilever (U.K.)
J.M. Smucker Co. (U.S.)
McCain Foods (Canada)
Kellogg Company (U.S.)

Significant developments in the Prepared Meals Sector

December 2021: McCain Foods invested USD 55 million in Strong Roots, a plant-based frozen food startup company.
August 2021: Nestle S.A owned meal delivery service Freshly launched a new product line of vegan meals such as mac and cheese, burritos, and hearty burgers.
June 2021: Conagra Brands Inc, a packaged goods holding company, introduced a new plant-based frozen food product innovation such as healthy choice zero, Healthy Choice Max, and banquet mega pizza.
August 2020: General Mills, the U.S.-based food giant company, invested in a frozen food facility for Totino’s brand. The company’s manufacturing plant in Wellston Ohio specializes in making frozen pizza snack products under Totino’s brand.

Comprehensive Coverage Prepared Meals Market Report

Regional Analysis: In-depth analysis of the prepared meals market across key regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa
Consumer Side Analysis: Detailed insights into the demographics, preferences, and consumption patterns of prepared meals users, segmented by age, income, lifestyle, and dietary needs
DROCs: Identification and analysis of key drivers, restraints, opportunities, and challenges shaping the prepared meals market
SWOT Analysis: Comprehensive evaluation of the strengths, weaknesses, opportunities, and threats faced by major players in the prepared meals industry

Geographic Coverage of Prepared Meals Market

Higher Coverage

Lower Coverage

No Coverage

Prepared Meals Market REPORT HIGHLIGHTS

Aspects	Details
Study Period	2020-2034
Base Year	2025
Estimated Year	2026
Forecast Period	2026-2034
Historical Period	2020-2025
Growth Rate	CAGR of 7.02% from 2020-2034
Segmentation	By Product Frozen Meals Chilled Meals Canned Meals By Distribution Channel Supermarkets & Hypermarkets Convenience Stores Online Retail Others By Geography

1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
- 2.1. Introduction
3. Market Dynamics
- 3.1. Introduction
- - 3.2. Market Drivers
  - - 3.2.1. Increased Demand for Convenience Foods Supports the Market Growth
- - 3.3. Market Restrains
  - - 3.3.1. Growing Demand for Fresh Food and Rising Obesity is Expected to Limit the Product Demand
- - 3.4. Market Trends
  - - 3.4.1. Consumer Shift Toward Organic Ready Meals is a Prominent Trend
4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
5. Global Prepared Meals Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Product
  - 5.1.1. Frozen Meals
  - 5.1.2. Chilled Meals
  - 5.1.3. Canned Meals
- 5.2. Market Analysis, Insights and Forecast - by Distribution Channel
  - 5.2.1. Supermarkets & Hypermarkets
  - 5.2.2. Convenience Stores
  - 5.2.3. Online Retail
  - 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast - by Region
  - 5.3.1.
6. Competitive Analysis
- 6.1. Global Market Share Analysis 2025
- - 6.2. Company Profiles
  - - 6.2.1 General Mills (U.S.)
      6.2.1.1. Overview
      6.2.1.2. Products
      6.2.1.3. SWOT Analysis
      6.2.1.4. Recent Developments
      6.2.1.5. Financials (Based on Availability)
    - 6.2.2 Nestle S.A. (Switzerland)
      6.2.2.1. Overview
      6.2.2.2. Products
      6.2.2.3. SWOT Analysis
      6.2.2.4. Recent Developments
      6.2.2.5. Financials (Based on Availability)
    - 6.2.3 Tyson Foods (U.S.)
      6.2.3.1. Overview
      6.2.3.2. Products
      6.2.3.3. SWOT Analysis
      6.2.3.4. Recent Developments
      6.2.3.5. Financials (Based on Availability)
    - 6.2.4 ConAgra Brands (U.S.)
      6.2.4.1. Overview
      6.2.4.2. Products
      6.2.4.3. SWOT Analysis
      6.2.4.4. Recent Developments
      6.2.4.5. Financials (Based on Availability)
    - 6.2.5 Dr Oetker (Germany)
      6.2.5.1. Overview
      6.2.5.2. Products
      6.2.5.3. SWOT Analysis
      6.2.5.4. Recent Developments
      6.2.5.5. Financials (Based on Availability)
    - 6.2.6 Green Mill Foods (U.S.)
      6.2.6.1. Overview
      6.2.6.2. Products
      6.2.6.3. SWOT Analysis
      6.2.6.4. Recent Developments
      6.2.6.5. Financials (Based on Availability)
    - 6.2.7 Unilever (U.K.)
      6.2.7.1. Overview
      6.2.7.2. Products
      6.2.7.3. SWOT Analysis
      6.2.7.4. Recent Developments
      6.2.7.5. Financials (Based on Availability)
    - 6.2.8 J.M. Smucker Co. (U.S.)
      6.2.8.1. Overview
      6.2.8.2. Products
      6.2.8.3. SWOT Analysis
      6.2.8.4. Recent Developments
      6.2.8.5. Financials (Based on Availability)
    - 6.2.9 McCain Foods (Canada)
      6.2.9.1. Overview
      6.2.9.2. Products
      6.2.9.3. SWOT Analysis
      6.2.9.4. Recent Developments
      6.2.9.5. Financials (Based on Availability)
    - 6.2.10 Kellogg Company (U.S.)
      6.2.10.1. Overview
      6.2.10.2. Products
      6.2.10.3. SWOT Analysis
      6.2.10.4. Recent Developments
      6.2.10.5. Financials (Based on Availability)

List of Figures

Figure 1: Global Prepared Meals Market Revenue Breakdown (USD Billion, %) by Region 2025 & 2033
Figure 2: Prepared Meals Market Revenue (USD Billion), by Product 2025 & 2033
Figure 3: Prepared Meals Market Revenue Share (%), by Product 2025 & 2033
Figure 4: Prepared Meals Market Revenue (USD Billion), by Distribution Channel 2025 & 2033
Figure 5: Prepared Meals Market Revenue Share (%), by Distribution Channel 2025 & 2033
Figure 6: Prepared Meals Market Revenue (USD Billion), by Country 2025 & 2033
Figure 7: Prepared Meals Market Revenue Share (%), by Country 2025 & 2033

List of Tables

Table 1: Global Prepared Meals Market Revenue USD Billion Forecast, by Product 2020 & 2033
Table 2: Global Prepared Meals Market Revenue USD Billion Forecast, by Distribution Channel 2020 & 2033
Table 3: Global Prepared Meals Market Revenue USD Billion Forecast, by Region 2020 & 2033
Table 4: Global Prepared Meals Market Revenue USD Billion Forecast, by Product 2020 & 2033
Table 5: Global Prepared Meals Market Revenue USD Billion Forecast, by Distribution Channel 2020 & 2033
Table 6: Global Prepared Meals Market Revenue USD Billion Forecast, by Country 2020 & 2033

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

Web Analytics
Survey Reports
Research Institute
Latest Research Reports
Opinion Leaders

Secondary Research

Annual Reports
White Paper
Latest Press Release
Industry Association
Paid Database
Investor Presentations

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Prepared Meals Market?

The projected CAGR is approximately 7.02%.

2. Which companies are prominent players in the Prepared Meals Market?

Key companies in the market include General Mills (U.S.), Nestle S.A. (Switzerland), Tyson Foods (U.S.), ConAgra Brands (U.S.), Dr Oetker (Germany), Green Mill Foods (U.S.), Unilever (U.K.), J.M. Smucker Co. (U.S.), McCain Foods (Canada), Kellogg Company (U.S.) .

3. What are the main segments of the Prepared Meals Market?

The market segments include Product, Distribution Channel.

4. Can you provide details about the market size?

The market size is estimated to be USD 166.62 USD Billion as of 2022.

5. What are some drivers contributing to market growth?

Increased Demand for Convenience Foods Supports the Market Growth.

6. What are the notable trends driving market growth?

Consumer Shift Toward Organic Ready Meals is a Prominent Trend.

7. Are there any restraints impacting market growth?

Growing Demand for Fresh Food and Rising Obesity is Expected to Limit the Product Demand.

8. Can you provide examples of recent developments in the market?

December 2021: McCain Foods invested USD 55 million in Strong Roots, a plant-based frozen food startup company. Strong Roots is specialized in making frozen food products such as mixed fruit vegetable browns, beetroot, and bean burger.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in USD Billion.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Prepared Meals Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Prepared Meals Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Prepared Meals Market?

To stay informed about further developments, trends, and reports in the Prepared Meals Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

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