Report Details-
Europe Frozen Ready Meals Market, By Type (Frozen Rice Mixes, Frozen Quinoa Food Mixes, Frozen Pizza, Frozen Pasta, Frozen Wraps & Rolls, Frozen Snacks, Frozen Ice Cream, Frozen Yogurt, Frozen Cakes, Frozen Sorbet And Sherbet, Frozen Custard, Frozen Drinks, Frozen Savory Products And Frozen Soup, Frozen Dairy Products, Frozen Chicken Products, Frozen Seafood Products, And Others), Category(Organic And Conventional) Technology (Flash-Freezing/ Individual Quick Freezing (IQF), Belt Freezing, High Pressure-Assisted Freezing, And Others), End User (Food Service Sector And Households), Packaging Technique (Freezing Technique And Equipment And Freezing Ready Meals Packaging And Distribution Channel (Store-Based And Non-Store Retailers) - Industry Trends and Forecast to 2029.
Europe Frozen Ready Meals Market Analysis and Insights
Europe frozen ready meals market is growing faster, owing to the busy lifestyles of consumers. The growing number of individuals altering their eating habits and embracing a balanced nutritional diet and active lifestyle is a major element driving the growth of the frozen-ready meals industry. People worldwide have hectic lifestyles and thus prefer ready meals to save energy and time, which benefits the market's growth. However, high prices of frozen ready meals may hamper the market's growth.
Data Bridge Market Research analyses that the Europe frozen ready meals market will grow at a CAGR of 5.6% during the forecast period of 2022 to 2029.
Market Definition
Frozen-ready meals are usually cooked and packaged in a factory. This process includes heating the ingredients and packaging them into containers. Once the meal is prepared and placed in a freezer to cool down, they are popular among consumers because they provide a diverse menu and are convenient to prepare. Frozen meals may contain a meat entree, a vegetable, and starch-based food such as pasta and sauce. Some frozen meals are prepared specifically for vegetarians or individuals with certain dietary needs. The manufacture of such a product requires careful attention from the food processor.
Europe Frozen Ready Meals Market Dynamics
Drivers
- Rising preference for ready-to-eat organic foods
In recent years, ready-to-eat food has evolved as one of the most diversified sections of the global ready-meal business. A growth in convenience patterns and an increase in demand for organic meals have led to a growing need for organic frozen packaged meals. The organic frozen food and beverage sector is another stop for on-the-go consumers, offering anything from frozen sweets to appetizers and meals. Organic frozen ready meals are popular among consumers due to their lack of microbiological and fungal contamination. Also, the nutritional and health benefits offered by organic frozen ready meals have led to the growth in market demand. So to appeal to a larger consumer seeking health and flavor, frozen packaged food makers are also integrating nutritious benefits with taste leading to the growth of the global frozen ready meals market. Changing consumer preferences for plant-based, vegan products are paving the way for organic, convenient food products, resulting in increased demand for frozen ready meals in the global market.
Post-COVID-19 Impact on Europe Frozen Ready Meals Market
Post the pandemic, the demand for frozen food products has increased as there won't be any restrictions on movement; hence, the supply of products would be easy. The persistence of COVID-19 for a longer period has affected the supply chain as it got disrupted, and it became difficult to supply the food products to the consumers, initially increasing the demand for products. However, post-COVID, the demand for frozen food products has increased significantly owing to the longer shelf life for frozen food, increasing the demand for convenience food products.
Recent Developments
- In April 2022, Nomad Foods launched open innovation portal that invites partners to share innovative solutions. The new portal launch helped the company increase the scalability of frozen mussels and other bivalve products
- In July 2020, Tyson Foods introduced a new line of chicken products under the Tyson brand in the European Foodservice industry, which includes restaurants, cafeterias, and caterers. This helped the company in increasing its revenue from the food service industry
Europe Frozen Ready Meals Market Scope
The Europe frozen ready meals market is segmented into six segments based on type, category, technology, end user, packaging technique, and distribution channel.
The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Types
- Frozen Snacks
- Frozen Pizza
- Frozen Ice Cream
- Frozen Seafood Products
- Frozen Chicken Products
- Frozen Yoghurt
- Frozen Dairy Products
- Frozen Pasta
- Frozen Drinks
- Frozen Vegetarian Meals
- Frozen Sorbet and Sherbet
- Frozen Cakes
- Frozen Wraps & Rolls
- Frozen Custard
- Frozen Soup
- Frozen Quinoa Food Mixes
- Frozen Rice Mixes
- Others
On the basis of type, the global frozen ready meals market is segmented into frozen rice mixes, frozen quinoa food mixes, frozen pizza, frozen pasta, frozen wraps & rolls, frozen snacks, frozen ice cream, frozen yogurt, frozen cakes, frozen sorbet and sherbet, frozen custard, frozen drinks, frozen savory products and frozen soup, frozen dairy products, frozen chicken products, frozen seafood products, and others.
Europe Frozen Ready Meals Market Regional Analysis/Insights
Europe frozen ready meals market is analyzed, and market size insights and trends are provided based on as referenced above.
The countries covered in the Europe frozen ready meals market report are Germany, U.K., France, Italy, Spain, Sweden, Belgium, Netherlands, Denmark, Switzerland, Russia, Poland, Turkey, Rest of Europe.
Germany dominates the Europe frozen ready meals market in terms of market share and market revenue. However, the U.K. will be the highest growth rate during the forecast period. This is due to the food service industry's industrialization and the country's economic growth. Europe region's demand for convenience and ready-to-eat food items is increasing, boosting the region's frozen ready meals market.
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Competitive Landscape and Europe Frozen Ready Meals Market Share Analysis
The competitive Europe frozen ready meals market details the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, and application dominance. The above data points only relate to the companies' focus on the Europe frozen ready meals market.
Some of the major players operating in the Europe frozen ready meals market are
· McCain Foods Limited,
· Nestlé,
· Tyson Foods, Inc.,
· BRF Global,
· General Mills Inc.,
· JBS S/A,
· Nomad Foods,
· The Kraft Heinz Company,
· Dr. Oetker,
· Kellogg Co.,
· Ajinomoto Co., Inc.,
· McCain Foods Limited,
· Virto Group
among others.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 IMPACTS OF COVID-19 ON THE EUROPE FROZEN READY MEALS MARKET
7 EUROPE FROZEN READY MEALS MARKET, BY INDUSTRY TYPE
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