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STRATEGIC R & DROUGH MARKET
SEE TH

The frozen or chilled packaging segment is estimated to account
for 40% value share by the end of 2016. This segment is expected
to account for a major market share in terms of value over the
forecast period.
The hypermarket/supermarket distribution channel segment is
estimated to be valued at USD 38.66 billion by the end of 2016,
which is expected to expand at a CAGR of 5.7% over the forecast
period to be valued at USD 67.08 billion by the end of 2026. Sales
of ready-to-eat food products through the hypermarket/supermarket
channel are expected to support segment growth over the forecast
period.
The global ready-to-eat food products market is segmented into
seven key regions—North America, Latin America, Western Europe,
Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East
and Africa (MEA) and Japan. Asia Pacific excluding Japan (APEJ), America are also expected to witness considerable growth in terms
Eastern Europe and North America are expected to register high of sales of frozen ready meals. Large food chain services in these
growth rates between 2016 and 2026. The ready-to-eat foods market developed regions will showcase a considerable end-use of frozen
in North America is expected to register significant value over the ready meals through 2026.
forecast period owing to increasing per capita consumption of ready- The report further reveals that the global frozen ready meals market
to-eat foods in this region. will witness highest end-use among food chain services, followed by
By the end of 2016, the North America market is estimated to modern trade outlets. By the end of 2026, more than USD 16.6 billion
be valued at USD 39.02 billion, which is expected to expand at a worth of frozen ready meals will be used by food chain services across
CAGR of 7.3% over the forecast period to be valued at USD 78.73 the globe. The report also reveals that chicken meals will be a top-
billion by the end of 2026. The Asia Pacific market is estimated to selling product in the overall frozen ready meals landscape. In 2017
be valued at USD 17.73 billion by the end of 2016, which is expected and beyond, more than one-third of revenues procured in the global
to expand at a CAGR of 8.4% over the forecast period to be valued frozen ready meals market will be accounted by the sales of frozen
at USD 39.78 billion by the end of 2026. ready chicken meals.
The key role of refrigeration in the global supply chain of food
products continues to drive the use of frozen storage units. According เอกสารอ้างอิง/Reference
to a report produced by Future Market Insights, Valley Cottage, www.refrigeratedfrozenfood.com
N.Y., the demand for frozen ready meals is expected to witness
steady demands in the foreseeable future. However, the report also
addresses that shortcomings in the global cold chain and growing
complexities in production of frozen ready meals will continue to
act as market growth impediments.
Key findings from the report reveal that the global frozen ready
meals market will expand at a moderate CAGR of 4.3% and bring
in an estimated revenues worth over USD 47 billion. The report
analyzed several factors influencing the growth dynamics of the
global frozen ready meals market, including quality and safety.
Companies partaking in the global frozen ready meals market
are expected to be compliant to the safety and food quality standards
set by regional and global regulatory bodies. Major industry players
are expected to follow production techniques that retain the quality
of the frozen ready meals. Moreover, these companies are expected
to invest millions in developing methods for making frozen ready
meals safer to the common consumer. Collaborating with the right
packaging partner will also instrument a greater safety of the frozen
ready meals being produced. New machinery facilitates the cook-
assemble-freeze manufacturing of these meals at a large scale.
Cold storage companies are also witnessing a consolidation to
ensure that the fluctuating storage conditions do not degrade the
quality of frozen ready meals to higher extent.
The report’s intensity map reveals that a majority of market
players will concentrate their production in the Asia-Pacific, excluding
Japan (APEJ) region. The APEJ frozen ready meals market is
expected to witness highest and fastest expansion during the
forecast period, in terms of production as well as sales. Consumers
in the APEJ region are estimated to be more inclined toward frozen
ready meals against fresh meals due to the ease of re-heating and
thawing over preparing the meals from scratch. Europe and North

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