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Dinner Ready-to-Eat (RTE) Food Market Trends

Report ID: GMI6295
Published Date: Jul 2023
Report Format: PDF

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Dinner Ready-to-Eat (RTE) Food Market Trends

The increasing popularity of e-commerce and food delivery services has played a pivotal role in driving the RTE food market. Easy access to a wide range of RTE meals through online platforms and mobile apps make it even more convenient for consumers to order these meals at home or on the go. Moreover, the increasing globalization and cross-cultural interactions have led to a rise in the appreciation of diverse cuisines. The companies have capitalized on this trend by offering a wide array of international flavors and dishes, appealing to a broader customer base. Also, the availability of balanced and nutritious RTE meal for health-conscious customers is augmenting the market expansion.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of dinner ready-to-eat food reached USD 14 billion in 2022 and is set to grow with a CAGR of 6% during 2023 and 2032.

The hypermarket/supermarket segment accounted for 37% of market share in 2022, as these stores play a pivotal role in the distribution and accessibility of the product.

North America market was remunerated at USD 4 billion in 2022 and will continue to growth through 2032, driven by the fast-paced lifestyle of consumers and busy work culture in the region.

Nestlé S.A., Conagra Brands, Inc., The Kraft Heinz Company, General Mills, Inc., Unilever Group, Campbell Soup Company, Hormel Foods Corporation, Tyson Foods, Inc., Bakkavor Group plc and The Schwan Food Company.