According to a new report from Intel Market Research, global Ready Meals market was valued at USD 111.95 billion in 2025 and is projected to reach USD 150.64 billion by 2032, growing at a robust CAGR of 4.4% during the forecast period (2025–2032). This growth is propelled by increasing urbanization, rising disposable incomes, and the growing number of working women seeking convenient meal solutions.

What are Ready Meals?

Ready Meals are pre-prepared main courses that can be reheated in their container, requiring no additional ingredients and needing only minimal preparation before consumption. These products are packaged and available in quantities for single or two servings, offering an alternative meal option that is quick and cost-effective for time-constrained consumers.

This report provides a deep insight into the global Ready Meals market covering all its essential aspects—from a macro overview of the market to micro details such as market size, competitive landscape, development trends, niche markets, key drivers and challenges, SWOT analysis, and value chain analysis.

The analysis helps the reader understand competition within the industry and strategies for enhancing profitability. Furthermore, it provides a framework for evaluating and accessing the position of a business organization. The report also focuses on the competitive landscape of the Global Ready Meals Market, introducing market share, performance, product positioning, and operational insights of major players. This helps industry professionals identify key competitors and understand the competition pattern.

In short, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those planning to foray into the Ready Meals market.

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Key Market Drivers

1. Hectic Lifestyles and Changing Consumer Preferences
The rapid pace of modern life continues to fuel demand for ready meals, with busier work schedules and growing urban populations creating sustained market expansion across developed and developing regions.

2. Expansion of Retail Distribution Channels
The growth of hypermarkets, supermarkets, and convenience stores worldwide has significantly improved product accessibility. These large-format retail environments offer the necessary infrastructure for temperature-controlled products and provide consumers with extensive variety and convenient access points.

Market Challenges

• Growing Preference for Fresh, Home-Cooked Meals – Despite the convenience offered, a segment of health-conscious consumers continues to prefer freshly prepared meals, presenting an ongoing challenge for manufacturers to improve nutritional profiles while maintaining convenience.

Emerging Opportunities

The global food industry continues to evolve with technological advancements and changing consumer expectations. Innovation in packaging formats and meal preparation techniques continues to create new possibilities for market players.

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Regional Market Insights

Europe: Europe stands as the largest regional market for ready meals globally, accounting for approximately 35% of total market share. The region's well-established retail infrastructure and sophisticated cold chain logistics support the dominance of chilled and frozen ready meal formats. The high degree of competition among both established brands and private-label offerings drives continuous improvement in product quality and variety.

North America and Asia (excluding China): These regions collectively represent about 50% of the global market, with increasing market penetration expected in the coming years.

Market Segmentation

By Type

• Frozen and Chilled Ready Meals
• Canned Ready Meals
• Dried Ready Meals

By Application

• Hypermarkets and Supermarkets
• Independent Retailers
• Convenience Stores
• Others

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Competitive Landscape

While leading multinational food corporations dominate significant portions of the market, the competitive environment remains fragmented with numerous regional and specialized players competing effectively.

The report provides in-depth competitive profiling of 14+ key players, including global giants like Nestle, ConAgra, Unilever, and Kraft Heinz. These companies leverage their extensive distribution networks and brand recognition while focusing on product innovation and strategic market expansions to maintain their leadership positions.

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