Increasing Demand for Convenience Food Products Boosting Growth in the Global Ready Meals Market: Technavio Report

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London, 26 August 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Ready Meals Market 2014-2018, which is expected to grow at a CAGR of 4.25 percent in terms of revenue during the forecast period of 2013-2018.

“The Global Ready Meals market is expected to witness growth in the forecast period predominantky driven by an increase in the demand for natural and organic ready meals,” says Faisal Ghaus, Vice President of TechNavio.a

Key Market Drivers

  • Increase in Demand for Convenience Food Products
  • Increase in Number of Working Women 
  • Wider Reach through Organized Retailing
  • Use of Improved Packaging
  • Increase in Number of Single Men

Key Market Trends

  • Rising Health Concerns among Consumers
  • Increase in Number of Private Label Brands
  • New Product Launches
  • Growing Demand for Premium Ready Meals

Key Market Vendors

  • ConAgra Foods Inc.
  • H.J. Heinz Co.
  • Nestlé SA

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…