Jordan Ready to Eat Food Market (2024-2030) | Companies, Trends, Outlook, Analysis, Value, Size, Share, Growth, Revenue, Industry & Forecast

Jordan Ready To Eat Food Market Highlights

Report Name	Jordan Ready To Eat Food Market
Forecast period	2024-2030
CAGR	12%
Growing Sector	Retail

Topics Covered in the Jordan Ready To Eat Food Market Report

The Jordan Ready To Eat Food Market report thoroughly covers the market by Product and Distribution Channels. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Jordan Ready To Eat Food Market Synopsis

The Jordan Ready To Eat Food Market has witnessed growth over the years and will continue to grow exponentially in the forecast period 2024 – 2030. This growth is driven by the increased number of working professionals, women opting for jobs, the growing trend of snacking, urbanization, and government initiatives.

According to 6Wresearch, the Jordan Ready To Eat Food Market size is expected to grow at a significant CAGR of 12% during 2024-2030. One of the main drivers of the ready-to-eat food market in Jordan is the increasing number of working professionals who have limited time to cook elaborate meals. With hectic work schedules and busy lifestyles, many individuals are turning to quick and easy meal solutions, making ready-to-eat foods a popular choice. Moreover, the growing trend of snacking throughout the day has also contributed to the growth of this market. Another driver of this market is the rising awareness about healthy eating habits. As more people become health-conscious, they are seeking out ready-to-eat meals that offer a balance of nutrition and convenience.

One of the main challenges is the high cost associated with these products. Another challenge is the negative perception of processed and pre-packaged foods. Many consumers believe that these products are unhealthy and filled with preservatives and additives which led to less adoption by consumers.

Jordan Ready To Eat Food Industry: Leading Players

Some of the major players operating in the ready-to-eat food market in Jordan are Nestle SA, Al Faisaliah Group, Tazweed Investment Company, Heinz Middle East, The Kraft Heinz Company, Pinar Dairy Food Co., and Almarai Company. These companies offer a wide range of ready-to-eat food products, including frozen meals, canned foods, and snacks. They have established a strong presence in the market due to their high-quality products and effective marketing strategies.

Jordan Ready To Eat Food Market: Government Regulations

One of the initiatives is the National Food Safety Strategy, launched by the Ministry of Health which aims to ensure that all food products are safe for consumption by implementing strict regulations and monitoring systems throughout the entire food supply chain. The Ministry of Agriculture has also implemented various programs to support local farmers and producers, such as providing financial incentives for agricultural projects that focus on producing ready-to-eat foods. Another government initiative that has significantly contributed to the growth of the ready-to-eat food market in Jordan is the National Agricultural Policy which aims to increase domestic production and reduce reliance on imports by providing support for small-scale farmers, investing in modern agricultural technologies, and promoting sustainable farming practices. Moreover, the Jordan Food and Drug Administration (JFDA) plays a crucial role in regulating and monitoring the quality of ready-to-eat foods in the country.

Future Insights of the Market

The Jordan Ready To Eat Food Market is expected to witness significant growth in the coming years. The rise in urbanization and busy lifestyles have led to an increasing demand for convenient and quick meal options, driving the market's growth. Furthermore, with more women entering the workforce, there is a growing need for ready to eat meals that require minimal preparation time. The market is also expected to benefit from the growing tourism industry in Jordan, as travelers often opt for ready-made meals during their stay. Additionally, technological advancements and innovations such as organic and healthy options will further fuel the market's growth.

Market Segmentation by Product

According to Ravi Bhandari, Research Head, 6Wresearch, the Ready Meals segment is growing remarkably in the Jordan ready-to-eat food market due to changing consumer preferences for convenient and time-saving options, especially among working individuals who have less time to cook meals from scratch.

Market Segmentation by Distribution Channels

The hypermarkets/supermarkets distribution channel dominates the Jordan ready-to-eat food market. This can be attributed to their wide range of product offerings and competitive pricing strategies.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Jordan Ready to Eat Food Market Overview
• Jordan Ready to Eat Food Market Outlook
• Jordan Ready to Eat Food Market Forecast
• Jordan Ready to Eat Food Market Size and Jordan Ready to Eat Food Market Forecast until 2030
• Jordan Ready to Eat Food Market Share, By Types
• Jordan Ready to Eat Food Market Share, By Product
• Jordan Ready to Eat Food Market Share, By Distribution Channels
• Jordan Ready to Eat Food Market Share, By Region
• Historical Data of Jordan Ready to Eat Food Market Revenues and Volume for the period, 2020-2030
• Market size and Forecast of Jordan Ready to Eat Food Market Revenues and Volume until 2030
• Historical Data of Jordan Ready to Eat Food Market Revenues and Volume, By Product Types, for the Period 2020-2030
• Market size and Forecast of Jordan Ready to Eat Food Market Revenues and Volume, By Product Types, until 2030
• Historical Data of Jordan Ready to Eat Food Market Revenues and Volume, By Distribution Channels, for the Period 2020-2030
• Market size and Forecast of Jordan Ready to Eat Food Market Revenues and Volume, By Distribution Channels, until 2030
• Historical Data of Jordan Ready to Eat Food Market Revenues and Volume, By Region, for the Period 2020-2030
• Market size and Forecast of Jordan Ready to Eat Food Market Revenues and Volume, By Region, until 2030
• Jordan Ready to Eat Food Market Drivers and Restraints
• Jordan Ready to Eat Food Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Jordan Ready to Eat Food Market Opportunity Assessment
• Jordan Ready to Eat Food Market Revenue Share, By Company
• Jordan Ready to Eat Food Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Product

• Instant Breakfast/Cereals
• Instant Soups and Snacks
• Ready Meals
• Baked Products
• Meat Products
• Others

By Distribution Channels

• Hypermarkets/Supermarkets
• Online Retail Stores
• Convenience Stores
• Others

Jordan Ready to Eat Food Market (2024-2030): FAQs