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: Mar 2023||Product Type: Report|
|Publisher: 6Wresearch||No. of Pages: 70||No. of Figures: 35||No. of Tables: 5|
United States Ready to Eat Food Market is projected to grow in the upcoming years. The market has also witnessed several latest developments in recent years. For instance, there is a growing trend among consumers to shift towards healthy and organic food options in their ready to eat meals. In response to this, many companies in the market are introducing new products that are low in sugar, calories, and sodium. Also, the popularity of plant-based and vegan diets is increasing and many companies are introducing new plant-based and vegan options to cater to this growing segment of the market. Typically, ready to eat meals are widely popular due to their convenience and many companies are focusing on making their products even more convenient for consumers which generally includes the introduction of new packaging formats and offering meal delivery services.
With more people leading busy lives, the demand for convenient food options that require minimal preparation time is growing. Thus, the demand for ready to eat foods is increasing as they offer a quick solution for busy individuals. Moreover, the growth of e-commerce has made it easier for consumers to access a wide variety of ready to eat foods. Further, the development of new technologies and packaging solutions has led to an expansion in the range of ready to eat foods available in the United States Ready to Eat Food Industry.
The United States Ready to Eat Food Market report is a part of the North America Ready-To-Eat Food Market report that thoroughly covers the market by Product Types, and 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.
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, the United States Ready-to-Eat Food Market is anticipated to witness growth during the forecast period 2020-2026F. Surge in 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 plastic packaged food coupled with demand for substitutes 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.
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.
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.
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 are shifting the interest of many consumers towards the consumption of instant breakfast cereals and are expected to drive substantial demand projections for the same in the United States Ready to Eat Food market in the near future.
The rising effects of COVID-19 are likely to contribute to the growth of 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. The 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 the 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.
Several key Players operating in the United States Ready to Eat Food market are:
The US Ready to Eat Food Market report provides a detailed analysis of the following market segments:
|1. Executive Summary|
|2.1. Report Description|
|2.2. Key Highlights of The Report|
|2.3. Market Scope & Segmentation|
|2.4. Research Methodology|
|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|