Ready Meals Market Size and Share

Ready Meals Market (2025 - 2030)
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Ready Meals Market Analysis by Mordor Intelligence

The ready meals market size is estimated to be USD 95.05 billion in 2025, and is expected to reach USD 110.47 billion by 2030, at a CAGR of 3.05% during the forecast period (2025-2030). This growth reflects the market's maturity, while also demonstrating continued consumer demand for convenient meal solutions. The market's stability is supported by advances in food preservation technology, changing consumer lifestyles, and industry consolidation that has improved operational efficiency and distribution networks. In addition, technological advancements are driving market growth, particularly through preservation methods such as high-pressure processing, cold plasma treatment, and intelligent packaging systems, which extend product shelf life while preserving nutritional value. These innovations help manufacturers address the challenge of combining convenience with quality, allowing them to compete in premium market segments. The adoption of nanotechnology in packaging has resulted in systems that monitor food freshness, which reduces waste and increases consumer trust.

Key Report Takeaways

  • By product type, frozen ready meals led with 53.47% of the ready meals market share in 2024 and are projected to register the fastest 3.66% CAGR to 2030.
  • By ingredient, conventional formulations captured 78.48% share of the ready meals market size in 2024, whereas free-from alternatives are advancing at the highest 3.96% CAGR.
  • By category, the non-vegetarian segment accounted for 60.58% of the ready meals market size in 2024, while vegetarian meals are forecast to grow at 4.28% CAGR through 2030.
  • By distribution channel, supermarkets/hypermarkets captured 42.48% of the ready meals market share in 2024; online retail is the fastest-growing channel, expanding at 4.65% CAGR.
  • By geography, North America dominated with 34.35% revenue share in 2024; Asia-Pacific is poised to grow the quickest, at a 4.99% CAGR to 2030.

Segment Analysis

By Product Type: Frozen Dominance Drives Market Stability

Frozen ready meals hold 53.47% market share in 2024 and are projected to grow at 3.66% CAGR through 2030, demonstrating significant market dominance. This position reflects consumer trust in frozen preservation methods that maintain nutritional value and taste while offering extended shelf life and storage benefits. Modern freezing technologies and packaging systems have effectively addressed issues like freezer burn and quality deterioration, enabling frozen meals to maintain competitive quality standards. The implementation of smart packaging enables continuous monitoring of product conditions throughout the cold chain, reducing waste and improving consumer trust.

Chilled ready meals maintain a substantial secondary market position, with advantages in perceived freshness but limitations in shelf life that restrict distribution capabilities. Shelf-stable products fulfill specific market requirements where refrigeration access is limited, particularly in developing markets and emergency food supplies. While freeze-dried ready meals show potential in outdoor recreation and long-term storage markets, their current market presence remains modest due to higher production expenses and limited consumer awareness. The frozen segment maintains its market leadership through improved preservation methods, enhanced packaging solutions, and efficient supply chain management that ensures consistent product quality during distribution.

Ready Meals Market: Market Share by Product Type
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By Ingredient: Free-From Acceleration Challenges Conventional Leadership

Conventional ingredients hold 78.48% market share in 2024, while free-from alternatives grow at 3.96% CAGR through 2030, reflecting evolving consumer dietary preferences. This trend indicates that conventional products maintain broad market appeal, while free-from alternatives gain traction among health-conscious consumers and those with dietary restrictions. Consumer acceptance of clean-label products varies across categories, with higher education levels and health-focused dietary patterns correlating with increased free-from product adoption. The free-from segment includes gluten-free, dairy-free, preservative-free, and allergen-free products that address specific dietary needs at premium price points.

Free-from product manufacturing faces challenges in maintaining taste, texture, and shelf stability without traditional ingredients, necessitating alternative preservation and flavoring methods. The conventional segment's market leadership stems from lower production costs, established supply chains, and widespread consumer acceptance. The growth in free-from products signals market premiumization and demographic shifts toward health-focused consumption, influencing product development strategies across the industry.

By Distribution Channel: Online Retail Disrupts Traditional Dominance

Traditional supermarkets/hypermarkets maintain a 42.48% market share in 2024, supported by their established infrastructure and consumer shopping patterns. The online retail segment is growing at a 4.65% CAGR through 2030, driven by digital transformation in food retail and increasing consumer demand for convenience and home delivery services. Quick commerce operations, offering delivery within 30 minutes, are transforming food distribution through dark stores in urban areas, though profitability remains a concern. The implementation of advanced transportation management systems is improving frozen food distribution through enhanced route optimization and product quality maintenance while reducing operational costs.

Convenience stores cater to specific market segments focused on immediate consumption and impulse purchases. Additional distribution channels include foodservice establishments, vending machines, and specialty retailers serving distinct consumer groups. The growth in online retail is supported by improvements in cold chain logistics, last-mile delivery solutions, and increased consumer adoption of digital food purchasing. While traditional retail maintains its strengths in product inspection, immediate availability, and consumer trust, the expansion of online channels reflects fundamental changes in shopping preferences toward convenience, product variety, and time efficiency, influencing distribution strategies across the ready meals industry.

Ready Meals Market: Market Share by Distribution Channel
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By Category: Vegetarian Surge Challenges Non-Vegetarian Majority

Non-vegetarian ready meals command a 60.58% market share in 2024, supported by established protein preferences and supply chain infrastructure. Vegetarian ready meals demonstrate a 4.28% CAGR through 2030, reflecting increased consumer adoption of plant-based nutrition, environmental sustainability, and health-conscious eating habits. Market analysis shows ready meals rank third in consumer preference for plant-based alternatives, following finger foods and fried items, demonstrating expansion opportunities in the vegetarian segment. Besides, the COVID-19 pandemic drove higher consumption of plant-based ready meals due to increased consumer focus on health and environmental sustainability.

Consumer acceptance barriers persist, particularly regarding taste, texture, and price compared to conventional meat products. Research in Australia indicates that while younger consumers demonstrate demand for plant-based options, cultural ties to traditional meat consumption create market resistance. Conventional meat products maintain competitive advantages in established supply chains, consumer familiarity, and perceived protein content. However, the plant-based market continues to expand, driven by environmental considerations, health benefits, and product quality improvements that address taste and texture limitations.

Geography Analysis

North America commands the largest market share at 34.35% in 2024, supported by mature cold chain infrastructure, high consumer acceptance of convenience foods, and established distribution networks. The region's leadership stems from decades of investment in frozen food technology and sophisticated supply chain management systems that ensure product quality from manufacturing to consumer delivery. However, the region faces challenges from increasing health consciousness and competition from fresh alternatives, meal kits, and home cooking trends.

Asia-Pacific emerges as the fastest-growing region at 4.99% CAGR through 2030, driven by rapid urbanization, rising disposable incomes, and evolving dietary patterns in emerging economies. Advanced transportation management systems are enhancing frozen food distribution capabilities across the region, improving route optimization and product quality while reducing costs. China's inclusion of lab-grown meats and plant-based food alternatives in its five-year agricultural plan indicates a focus on sustainable food technologies to ensure food security and address climate change. However, infrastructure challenges persist in rural areas, where inadequate cold chain systems and limited transportation access constrain market penetration.

Europe maintains a significant market position with established consumer bases and regulatory frameworks that support food safety and quality standards, though growth rates remain moderate compared to emerging markets. The region leads in sustainability initiatives and clean-label product development, reflecting consumer preferences for environmental responsibility and natural ingredients. Moreover, South America, and Middle East and Africa present emerging opportunities with varying growth trajectories influenced by economic development, infrastructure capabilities, and cultural food preferences. Rural logistics challenges across these regions necessitate innovative transportation solutions to improve food accessibility and market reach.

Ready Meals Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The ready meals market exhibits moderate fragmentation, creating competitive market conditions. Major players, including Nestlé S.A., Conagra Brands Inc., The Kraft Heinz Company, Nomad Foods Limited, and Tyson Foods Inc., operate alongside regional specialists and new market entrants. This market structure encourages companies to differentiate their products through innovation and develop specialized offerings for specific consumer segments and dietary requirements.

Technology adoption is a key competitive factor in the ready meals market. Companies implement advanced preservation methods, smart packaging systems, and automated production lines to improve product quality and operational efficiency while reducing costs. New developments include battery-free, stretchable, and autonomous smart packaging that monitors food freshness and extends shelf life, contributing to waste reduction and sustainability. Companies are also implementing reinforcement learning in robotic packaging systems to improve productivity and maintain consistent product quality despite supply variations.

Furthermore, companies are implementing strategic changes in response to evolving consumer preferences, emphasizing product transparency, sustainability initiatives, and nutritional value in their ready meals segment. Conagra introduced carbon-neutral certified frozen meals, demonstrating the implementation of environmental practices into convenience foods. Nestlé expanded its plant-based ready-to-eat meal portfolio to address market demand from health-conscious consumers seeking meat alternatives. Companies are implementing clean-label strategies and incorporating nutritional ingredients to establish competitive advantages in the ready meals market.

Ready Meals Industry Leaders

  1. Nestlé S.A.

  2. Conagra Brands Inc.

  3. The Kraft Heinz Company

  4. Nomad Foods Limited

  5. Tyson Foods Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Ready Meals Market Concentration
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Recent Industry Developments

  • March 2025: YO! expanded its product portfolio by introducing a frozen meal range in Tesco stores, which included Chicken Katsu Bao Bun Kit, Chicken Teriyaki, Korean Style BBQ Beef, and Chicken Katsu.
  • February 2025: Bonduelle introduced ready-to-eat Lunch Bowls that contained plant-based ingredients with over 10 grams of protein and no artificial preservatives.
  • January 2025: SPAR Gran Canaria expanded its product portfolio by launching a 'Fresh To Go' ready meal range across its retail network. The range, developed in collaboration with Helamore, featured 40-50 meal options and was available in more than 55 SPAR Supermarkets in Gran Canaria.

Table of Contents for Ready Meals Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Technological Advancements in Food Preservation
    • 4.2.2 Sustainability and Eco-Friendly Packaging
    • 4.2.3 Innovation in Plant-Based and Alternative Proteins
    • 4.2.4 Cultural and Ethnic Diversity
    • 4.2.5 Flavor and Culinary Trends
    • 4.2.6 Surge in Demand for Clean-Label Ready Meals
  • 4.3 Market Restraints
    • 4.3.1 Short Shelf Life for Premium Products
    • 4.3.2 Strong Competition from Fresh and Home-Cooked Alternatives
    • 4.3.3 Taste and Quality Perception
    • 4.3.4 Limited Appeal in Rural Areas
  • 4.4 Consumer Behaviour Analysis
  • 4.5 Regulatory Outlook
  • 4.6 Porter’s Five Forces Analysis
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Degree of Competition

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Product Type
    • 5.1.1 Frozen Ready Meals
    • 5.1.2 Chilled Ready Meals
    • 5.1.3 Shelf Stable
    • 5.1.4 Freeze-Dried Ready Meals
  • 5.2 By Ingredient
    • 5.2.1 Conventional
    • 5.2.2 Free-From
  • 5.3 By Category
    • 5.3.1 Vegetarian
    • 5.3.2 Non-Vegetarian
  • 5.4 By Distribution Channel
    • 5.4.1 Supermarkets/Hypermarkets
    • 5.4.2 Convenience Stores
    • 5.4.3 Online Retail Stores
    • 5.4.4 Other Distribution Channels
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.1.4 Rest of North America
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 Italy
    • 5.5.2.4 France
    • 5.5.2.5 Spain
    • 5.5.2.6 Netherlands
    • 5.5.2.7 Poland
    • 5.5.2.8 Belgium
    • 5.5.2.9 Sweden
    • 5.5.2.10 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 Australia
    • 5.5.3.5 Indonesia
    • 5.5.3.6 South Korea
    • 5.5.3.7 Thailand
    • 5.5.3.8 Singapore
    • 5.5.3.9 Rest of Asia-Pacific
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Colombia
    • 5.5.4.4 Chile
    • 5.5.4.5 Peru
    • 5.5.4.6 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 South Africa
    • 5.5.5.2 Saudi Arabia
    • 5.5.5.3 United Arab Emirates
    • 5.5.5.4 Nigeria
    • 5.5.5.5 Egypt
    • 5.5.5.6 Morocco
    • 5.5.5.7 Turkey
    • 5.5.5.8 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (Includes Global-level Overview, Market-level Overview, Core Segments, Financials, Strategic Info, Market Rank/Share, Products & Services, Recent Developments)
    • 6.4.1 Nestle S.A.
    • 6.4.2 Conagra Brands Inc.
    • 6.4.3 The Kraft Heinz Company
    • 6.4.4 Nomad Foods Limited
    • 6.4.5 Tyson Foods Inc.
    • 6.4.6 Unilever PLC
    • 6.4.7 Hormel Foods Corporation
    • 6.4.8 Mars, Incorporated
    • 6.4.9 Campbell Soup Company
    • 6.4.10 Ajinomoto Co., Inc.
    • 6.4.11 Dr. Oetker GmbH
    • 6.4.12 Culinor Group
    • 6.4.13 Haldiram Snacks Food Pvt. Ltd.
    • 6.4.14 Amy's Kitchen, Inc.
    • 6.4.15 Apetito AG
    • 6.4.16 Gits Food Products Pvt. Ltd.
    • 6.4.17 Bell Food Group Ltd
    • 6.4.18 Tattooed Chef Inc.
    • 6.4.19 Genie Food Group
    • 6.4.20 Yayla Agro G?da Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Global Ready Meals Market Report Scope

Ready meals are already prepared foods that are sold in shops and required to heat before consumption. The global ready meals market is segmented by product type, distribution channel, and geography. By product type it is segmented into frozen ready meals, chilled ready meals, canned ready meals, and freeze-dried ready meals. Distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, online retailers, and other distribution channels. The study also involves the global-level analysis of the main regions such as North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. For each segment, the market sizing and forecasts have been done based on value (in USD Million).

By Product Type
Frozen Ready Meals
Chilled Ready Meals
Shelf Stable
Freeze-Dried Ready Meals
By Ingredient
Conventional
Free-From
By Category
Vegetarian
Non-Vegetarian
By Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Online Retail Stores
Other Distribution Channels
By Geography
North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Spain
Netherlands
Poland
Belgium
Sweden
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Indonesia
South Korea
Thailand
Singapore
Rest of Asia-Pacific
South America Brazil
Argentina
Colombia
Chile
Peru
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
United Arab Emirates
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
By Product Type Frozen Ready Meals
Chilled Ready Meals
Shelf Stable
Freeze-Dried Ready Meals
By Ingredient Conventional
Free-From
By Category Vegetarian
Non-Vegetarian
By Distribution Channel Supermarkets/Hypermarkets
Convenience Stores
Online Retail Stores
Other Distribution Channels
By Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Spain
Netherlands
Poland
Belgium
Sweden
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Indonesia
South Korea
Thailand
Singapore
Rest of Asia-Pacific
South America Brazil
Argentina
Colombia
Chile
Peru
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
United Arab Emirates
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the current value of the ready meals market?

The ready meals market size is USD 95.05 billion in 2025 and is projected to climb to USD 110.47 billion by 2030.

Which product segment holds the largest ready meals market share?

Frozen entrées dominate with 53.47% market share in 2024 and remain the fastest-growing at a 3.66% CAGR.

Which region is expanding the quickest in the ready meals market?

The Asia-Pacific market projects a CAGR of 4.99% through 2030, attributed to urbanization and rising disposable incomes.

How is e-commerce influencing the ready meals industry?

The online retail market is expanding at a CAGR of 4.65%, supported by dark-store logistics operations, efficient last-mile delivery networks, and increasing consumer adoption of digital purchasing channels.

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