Market Forecast By Product Types (Instant Breakfast/Cereals, Instant Soups and Snacks, Ready Meals , Baked Goods, Meat Products & Others), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores , Convenience Stores & Others) and competitive landscape
Product Code: ETC003328 | Publication Date: Jul 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The US ready-to-eat food market is expected to gain traction in the upcoming six years backed by the factors such as the rising number of working women, higher costs of hiring domestic help, convenience for food preparation, and the need for less cooking time. Also, several ready to eat food brands are initiating efforts to cater to changing consumer habits along with the introduction of nutritiously valuable and affordable ready to eat food products which would further boost the market demand for ready to eat food in the US in the coming years and would proliferate sound growth of the US ready to eat food market in the upcoming six years and benefit the market register significant revenue growth.
According to 6Wresearch, United States Ready to Eat Food Market is anticipated to witness growth during the forecast period 2020-26F. Rising effects of COVID-19 are likely to contribute towards the growth of the ready-to-eat food in the country on the back of increased consumer preference regarding hygiene concerns to contain the spread of the virus. However, backed by the complete lockdown in the country, consumer spending is likely to be hampered which would restrain the growth of the US ready to eat food market during 2020. But, as the disease outbreak registers downfall, ready-to-eat food is anticipated to register substantial sales volume by the one doth year 2020 on the back of shelf-piling dry food concerns in the country and reversal of the production cycle.
On the basis of distribution channels, hypermarkets/supermarkets are expected to gain traction in the coming years and dominate the overall market revenues in the US ready to eat food market on the back of rising consumer preferences for one-stop-shop shopping patterns and the availability of diversified variants of ready to eat food products at hypermarkets/supermarkets which is instigating the consumers to make such a purchase option and would assist hypermarkets/supermarkets gain traction in the coming years.
The US Ready to Eat Food report thoroughly covers the market by Product Types, and by Distribution Channels. US Ready to Eat Food outlook report provides an unbiased and detailed analysis of the ongoing US Ready to Eat Food 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.
United States Ready to Eat Food market is expected to register potential growth during the forecast period 2020-26F on the back of nutritional consequences coupled with obesity and other health-related issues which are instigating the adoption of a western-oriented diet. The spread of COVID-19 is expected to hamper the growth of the United States Ready to Eat Food in the coming years owing to acute food shortage and disturbance in the internal supply chain due to complete lockdown and suspension of production activities during the lockdown period across the country. However, as the spread of the virus marks a slowdown, the Africa Ready to Eat Food market is expected to gain momentum in the latter part of the year 2020. Rise in the disposable incomes, government and support services by international brands, rapid urbanization, globalization, and rising healthy food consumption trends are further, some of the potential drivers of the United States Ready to Eat Food market. Additionally, demand for short and less-time consuming ready-to-eat meals, rising awareness regarding the plastic packaged food coupled with demand for substitute and longer shelf-life possessing food products are anticipated to proliferate the market growth of the United States Ready to Eat Food market in the near term. On the basis of product types, instant breakfast/cereals are expected to register the highest growth during the forecast period 2020-26F owing to increased dietary concentrations in the cereals and is shifting the interest of many consumers towards the consumption of instant breakfast cereals and is expected to drive substantial demand projections for the same in the United States Ready to Eat Food market in the near future.
United States Ready to Eat Food market is expected to register potential growth during the forecast period 2020-26F on the back of nutritional consequences coupled with obesity and other health-related issues which are instigating the adoption of a western-oriented diet. The spread of COVID-19 is expected to hamper the growth of the United States Ready to Eat Food in the coming years owing to acute food shortage and disturbance in the internal supply chain due to complete lockdown and suspension of production activities during the lockdown period across the country. However, as the spread of the virus marks a slowdown, the Africa Ready to Eat Food market is expected to gain momentum in the latter part of the year 2020. Rise in the disposable incomes, government and support services by international brands, rapid urbanization, globalization, and rising healthy food consumption trends are further, some of the potential drivers of the United States Ready to Eat Food market. Additionally, demand for short and less-time consuming ready-to-eat meals, rising awareness regarding the plastic packaged food coupled with demand for substitute and longer shelf-life possessing food products are anticipated to proliferate the market growth of the United States Ready to Eat Food market in the near term. On the basis of product types, instant breakfast/cereals are expected to register the highest growth during the forecast period 2020-26F owing to increased dietary concentrations in the cereals and is shifting the interest of many consumers towards the consumption of instant breakfast cereals and is expected to drive substantial demand projections for the same in the United States Ready to Eat Food market in the near future.
The United States ready to eat food market is anticipated to register sound revenues in the years ahead owing to an increase in the growth of the young consumer base which has led to encouraging new market players to enter the emerging food sector coupled with FDI is also likely to expand the market landscape in the country. Several Players operating in the country are Nestle S.A, Flower foods, Aryzta AG, General Mills Inc, Kraft Foods Group Inc., Europastry S.A, and Kellogg's Company.
Key Highlights of the Report:
Markets Covered
The US Ready to Eat Food Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. US Ready to Eat Food Market Overview |
3.1. US Ready to Eat Food Market Revenues, 2016-2026F |
3.2. US Ready to Eat Food Market Revenue Share, By Product Types, 2019 & 2026F |
3.3. US Ready to Eat Food Market Revenue Share, By Distribution Channels, 2019 & 2026F |
3.4. US Ready to Eat Food Market Revenue Share, By Countries, 2019 & 2026F |
3.5. US Ready to Eat Food Market Industry Life Cycle |
3.6. US Ready to Eat Food Market- Porter’s Five Forces |
4. US Ready to Eat Food Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. US Ready to Eat Food Market Trends |
6. US Ready to Eat Food Market Overview, By Product Types |
6.1. US Ready to Eat Food Market Revenues, By Instant Breakfast/Cereals, 2016-2026F |
6.2. US Ready to Eat Food Market Revenues, By Instant Soups and Snacks, 2016-2026F |
6.3. US Ready to Eat Food Market Revenues, By Ready Meals, 2016-2026F |
6.4. US Ready to Eat Food Market Revenues, By Baked Goods, 2016-2026F |
6.5. US Ready to Eat Food Market Revenues, By Others, 2016-2026F |
6.6. US Ready to Eat Food Market Revenues, By Meat Products, 2016-2026F |
7. US Ready to Eat Food Market Overview, By Distribution Channels |
7.1. US Ready to Eat Food Market Revenues, By Online Retailers, 2016-2026F |
7.2. US Ready to Eat Food Market Revenues, By Convenience Stores, 2016-2026F |
7.3. US Ready to Eat Food Market Revenues, By Hypermarkets/Supermarkets, 2016-2026F |
7.4. US Ready to Eat Food Market Revenues, By Others, 2016-2026F |
8. US Ready to Eat Food Market Overview, By Region |
8.1. US Ready to Eat Food Market Revenues, By Region, 2016-2026F |
8.2. US Ready to Eat Food Market Volume, By Region, 2016-2026F |
9. US Ready to Eat Food Market Key Performance Indicators |
10. US Ready to Eat Food Market Opportunity Assessment |
10.1. US Ready to Eat Food Market, Opportunity Assessment, By Product Types, 2025F |
10.2. US Ready to Eat Food Market, Opportunity Assessment, By Region, 2025F |
11. US Ready to Eat Food Market Competitive Landscape |
11.1. US Ready to Eat Food Market Competitive Benchmarking, By Product |
11.2. US Ready to Eat Food Market Revenue Share, By Company, 2019 |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |