Americas Ready-to-Eat Meals Market

Americas ready-to-eat meals market size was valued at US$ 177.81 billion in 2022 and is projected to reach US$ 266.44 billion by 2030; it is expected to grow at a CAGR of 5.2% from 2022 to 2030.

Market Introduction

Ready-to-eat meals cover a broad spectrum of products, namely, noodles & pastas, soups, sandwiches & wraps, gravies & curries, meat entrees, and rice bowls. The manufacturing process of ready-to-eat meals differs according to the product type and preservation technologies such as freezing, refrigeration, or dehydration. However, food preservation and safety are the core principles for ready-to-eat meal production. Manufacturers offer ready-to-eat meals to several end users, such as quick service restaurants, cafeterias and institutions, catering companies, and food retailers. Ready-to-eat meals are preferred in the food service operations of universities, as ready-to-eat meals provide culinary diversity and minimize production efforts.

The ready-to-eat meals market in the Americas is mainly driven by hectic work schedules and rising dependency on convenience food, ready-to-eat products, and ready-to-cook products. Convenience food, ready-to-eat, and ready-to-cook products allow consumers to save time and effort associated with ingredient shopping, meal preparation, cooking, consumption, and post-meal activities. These products are gaining popularity owing to the increasing number of smaller households and dual-income families. Due to hectic work schedules, millennials prefer to be efficient with their time and avoid tedious tasks. These factors are boosting the demand for ready-to-eat meals among consumers. Ready-to-eat meals are processed, and involve preservation technology, thereby extending product shelf life. Growing demand for healthy food has prompted manufacturers to develop and expand product portfolios according to specific customer requirements. In recent years, consumers have adopted plant-based diets and food products containing vegetables with high fiber and nutritional value. Plant-based ready-to-eat meals are convenient and accessible superfoods containing healthy food ingredients. The efforts and time saved on food preparation and its convenience of storage and transport have further aided in boosting the demand for ready-to-eat meals.

Key Market Segments

Based on type, the Americas ready-to-eat meals market is segmented by type into rice bowls, wraps, salads, burritos, gravies and curries, noodles and pastas, pizza, soups and stews, meat entrees, burgers, sandwiches, and others. Noodles and Pastas accounted a significant share in the Americas ready-to-eat meals market in 2022. Ready-to-eat pasta meals are available in various types, such as spaghetti, penne, fettuccine, and macaroni. Pasta meals include protein sources such as shrimp, meatballs, chicken, and plant-based protein sources. Packaged pasta meals are designed for quick-serve and require minimal cooking. Ready-to-eat pasta meals are served in single-serving containers, thereby making portion control and reheating easier.

Based on category, Americas ready-to-eat meals market is segmented into gluten-free, and conventional. Americas ready-to-eat meals market share for the conventional segment was largest in 2022. The demand for conventional ready-to-eat meals is expected to decrease as consumers are becoming more health-conscious and prefer healthy alternatives such as gluten-free ready-to-eat meals. However, conventional ready-to-eat meals are easily available in the market; thus, many customers prefer them based on their high availability. The rise in health concerns is a major factor driving the demand for gluten-free, ready-to-eat meals. Gluten-free ready-to-eat meals contain gluten-free ingredients such as oats, chickpeas, brown rice, tapioca, almond, quinoa, and buckwheat.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on Americas ready-to-eat meals market are paid databases (factiva), publications, hoovers, investor presentations, newsletters, sec archives, annual reports, and other information available in the public domain. Tyson Foods Inc, SK Chilled Foods Ltd, Fresh Grill Foods LLC, Dandee Sandwich Co, Taylor Fresh Foods Inc, Calavo Growers Inc, and Hearthside Food Solutions LLC are among the major players operating in the Americas ready-to-eat meals market. 

Reasons to Buy Report

• Progressive industry trends in the Americas ready-to-eat meals market to help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the Americas ready-to-eat meals market from 2020 to 2030
• Estimation of the demand for ready-to-eat meals in Americas across various industries
• Recent developments to understand the competitive market scenario and the demand for ready-to-eat meals in Americas
• Market trends and outlook coupled with factors driving and restraining the growth of the Americas ready-to-eat meals market
• Decision-making process by understanding strategies that underpin commercial interest with regard to the Americas ready-to-eat meals market growth
• The Americas ready-to-eat meals market size at various nodes of market
• Detailed overview and segmentation of the Americas ready-to-eat meals market, as well as its dynamics in the industry
• The Americas ready-to-eat meals market size in various regions with promising growth opportunities

Americas Ready-to-Eat Meals Market Segmentation

• Based on type, the Americas ready-to-eat meals market is segmented into rice bowls, wraps, salads, burritos, gravies and curries, noodles and pastas, pizza, soups and stews, meat entrees, burgers, sandwiches, and others. In terms of category, Americas ready-to-eat meals market is segmented into gluten-free, and conventional. Based on end user, Americas ready-to-eat meals market is segmented into HoReCa, institutions, households, and others.

Company Profiles

Tyson Foods Inc, SK Chilled Foods Ltd, Fresh Grill Foods LLC, Dandee Sandwich Co, Taylor Fresh Foods Inc, Calavo Growers Inc, and Hearthside Food Solutions LLC are among the major players operating in the Americas ready-to-eat meals market. 

Americas Ready-to-Eat Meals Strategic Insights

Strategic insights for the Americas Ready-to-Eat Meals provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Americas Ready-to-Eat Meals Report Scope

Americas Ready-to-Eat Meals Regional Insights

The geographic scope of the Americas Ready-to-Eat Meals refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.