- Market to grow at a CAGR of 4.69 during 2012-2016
TechNavio, an independent London-based research firm has found Nestlé as the prominent player in the Global Ready Meals Market for the forecast period 2012-2016.
Speaking on this occasion, one of the senior analysts and co-author of this report said, “The Global Ready Meals market is dominated by Nestlé, which account for a market share of more than 6 percent. The company is one of the largest global producers of food products and has a portfolio of approximately 8,000 products, which comprises bottled water, nutrition, snacks, chocolate and confectionery, beverages, pet care, coffees, dairy, frozen food and cereals. The strong market presence in the APAC region creates an opportunity for the company to develop new products at lower cost because of the availability of cheap labor.”
Some of the other players who are having a major presence in this sector include names such as ConAgra Foods, H.J. Heinz, Advanced Fresh Concepts, BRF, Campbell Soup, Comptior Commercial Alimentaire, General Mills, Grupo Herdez S.A.B., Grupo La Moderna, Hormel Foods, JBS, Kerry Group, Kraft Foods, Pinnacle Foods Group, Raynal et Roquelaure, Reser’s Fine Foods, Sigma Alimentos S.A.B, Smithfield Foods, The Findus Group, The Schwan Food, Tipiak, Tyson Foods, Unilever Foodsolutions and Unilever among others.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of drivers, challenges, and trends of this market featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in order of importance.
If you are interested in more information on this topic and our upcoming research on Global Ready Meals Market, please send an e-mail to media@technavio.com
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global Ready Meals Market 2012 2016. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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