North America Frozen Ready Meals Market Analysis and Insights.
North America 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 North America frozen ready meals market will grow at a CAGR of 5.0% during the forecast period of 2022 to 2029.
Competitive Landscape and North America Frozen Ready Meals Market Share Analysis
Some of the major players operating in the North America frozen ready meals market are
Ø McCain Foods Limited,
Ø Kraft Foods,
Ø Kellogg's Company,
Ø Tyson Foods, Inc.,
Ø Nomad Foods,
Ø Grupo Virto,
Ø Ajinomoto Co., Inc.,
Ø Gulf West Company,
Ø General Mills Inc.,
Ø Conagra Brands, Inc.,
Ø Amy's Kitchen, Inc.,
Ø Safco International Gen. Trading Co. L.L.C.,
Ø Hakan Agro DMCC,
Ø Dr. Oetker
among others.
To accomplish maximum return on investment (ROI), it’s very essential to be acquainted with market parameters such as brand awareness, market landscape, possible future issues, industry trends and customer behaviour where North America Frozen Ready Meals Market report comes into play. With this market report, information about all the above-mentioned factors can be retrieved by using actionable market insights and comprehensive market analysis. The key topics that have been explained in this market report include market definition, market segmentation, key developments, competitive analysis and research methodology. Not to mention these topics have been watchfully analysed with the best tools and techniques.
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.
North America Frozen Ready Meals Market Regional Analysis/Insights
North America frozen ready meals market is analyzed, and market size insights and trends are provided based on as referenced above.
The countries covered in the North America frozen ready meals market report are
v U.S.,
v Mexico, and
v Canada.
U.S. is expected to dominate the North America frozen ready meals market in terms of market share and market revenue. It is estimated to maintain its dominance during the forecast period due to the increasing demand from food service and hospitality industries within North America.
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Post-COVID-19 Impact on North America Frozen Ready Meals Market
The COVID-19 epidemic has had a significant impact on consumer behavior. Consumers are hoarding shelf-stable foods, such as frozen ready meals. Stockpiling has caused a dramatic increase in the market value of the frozen snacks and meals market worldwide in 2020, which will normalize with an outbreak-free condition because of the longer shelf life and easy storage of frozen meals.
Recent Developments
In November 2020, Gerber Products Co., a Nestle SA subsidiary, launched Freshful Start bowls and nibbles in the frozen category. The USDA-certified organic, clean label items, made with whole grains and veggies, are ideal for toddlers 12 months and up and are ready to reheat and serve in minutes
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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 NORTH AMERICA FROZEN READY MEALS MARKET
7 NORTH AMERICA FROZEN READY MEALS MARKET, BY INDUSTRY TYPE
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