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Global Frozen Ready Meals Market Report

  • Report Code: IQ1423
  • Published Date: November, 2022
  • Pages: 102

Industry Overview

The Frozen Ready Meals market was valued at $34,802.5 Million in 2022, and is projected to reach $54,781.4 Million by 2032 growing at a CAGR of 4.70% from 2023 to 2032.The frozen ready meals market is driven by the increasing demand for convenient and time-saving food options. Consumers, particularly working professionals and busy families, are seeking out quick and easy meals that can be prepared with minimal effort. The availability of a wide variety of frozen ready meals, including vegetarian, vegan, and specialty diets, has also contributed to the growth of this market. There are several opportunities in the frozen ready meals market, including the development of new and innovative products, the expansion into new geographical markets, and the use of digital marketing and e-commerce platforms to reach a wider customer base. One trend in the frozen ready meals market is the increasing demand for healthier options, such as low-calorie, low-fat, and organic meals. Another trend is the rise of plant-based protein sources, as more consumers are choosing to incorporate meat alternatives into their diets. Some of the top companies in the frozen ready meals market include Nestle, Conagra Brands, Inc., and H.J. Heinz Company. Nestle has a strong presence in the market with its Lean Cuisine and Stouffer's brands, and has recently introduced a range of plant-based frozen meals. Conagra Brands has a portfolio of popular frozen meal brands, including Healthy Choice and Marie Callender's, and has also recently introduced a line of plant-based meals. H.J. Heinz Company offers a range of frozen meals under its Weight Watchers brand, as well as its traditional Heinz brand.

 

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