Ready Meals: Market Research Report

April 2010 | 488 pages | ID: RCB71BF5C62EN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Ready Meals in US$ Million and Thousand Tons.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World.

Annual estimates and forecasts are provided for each region for the period 2007 through 2015.

Also, a six-year historic analysis is provided for this market.

The report profiles 212 companies including many key and niche players such as Advanced Fresh Concepts Corp., Birds Eye Foods, Campbell Soup Company, Chef Solutions, Inc., ConAgra Foods, Inc., Dístribuidora E Importadora Alsea SA DE CV, Fresh Express, General Mills, Inc., Grupo Herdez S.A.B. de CV, Grupo La Moderna, S.A.B. De C.V, H.J. Heinz Company, Hormel Foods Corporation, Kerry Group Plc, Kraft Foods, Inc., Nestlé USA, Inc., Raynal et Roquelaure, Reser's Fine Foods, Inc., Sigma Alimentos, S.A. de C.V, Smithfield Foods, Inc., The Findus Group, Findus UK Ltd., The Schwan Food Company, Tipiak SA, Tyson Foods, Inc., Unilever Foodsolutions, Unilever PLC, Weight Watchers International, Inc., and William Saurin SA.

Market data and analytics are derived from primary and secondary research.

Company profiles are mostly extracted from URL research and reported select online sources.

Contents

I.INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study
Chilled Ready Meals
Frozen Ready Meals
Other Ready Meals

II. EXECUTIVE SUMMARY

1.GLOBAL OUTLOOK

Current Scenario and Outlook
Europe Leads Global Ready Meals Market
Key Market Drivers
Myriad Factors Affecting Demand for Convenient Foods
‘Convenience’, ‘Healthy’ and ‘Organic’ Lead Ready Meals Claims
Novel Approaches Galore in Ready Meal Offerings

2.PRODUCT OVERVIEW

Ready Meals – An Overview
Types of Ready Meals
Chilled Ready Meals
Frozen Ready Meals
Other Ready Meals

3.PRODUCT INTRODUCTIONS

Goya Foods Introduces New Dishes in Its Ready Meals Line
Worldwide Food Services Designs New MREs
Palmer & Harvey Launches Chilled & Fresh Food Range
FRoSTA Introduces Saithe Filet with Dijon Mustard
Sainsbury’s Expands Range of Indian Ready Meals
General Mills Rolls Out Wanchai Ferry™ Frozen Entrées
Veetee to Launch Range of Frozen Meals
Fresh & Easy Launches Six 'Family Meals'
New Covet Garden Launches Chilled Vegetarian Meal Range
Premier Foods to Re-introduce Quorn
Birds Eye Wall's to Introduce Big Eat
Really Welsh and Cadog Introduces Really Welsh Ready-Meal
Birds Eye Introduces Eat Positive
Ginsters Introduces Ready-Meal Range

4.RECENT INDUSTRY ACTIVITY

Pinnacle Foods Group Acquires Birds Eye Foods®
Monterey to Shut Down Oregon Plant
DineWise Acquires Home Bistro Foods
Sainsbury's Creates Zones of Ready Meals
Northern Foods to Shut Down Hull Ready Meals Plant
Foodvest to Become Findus Group
Bakkavor to Shut Down Park Sites
Agros Nova to Enter in Frozen Food Products
Nestle Deutschland Divests Stake in Geti Wilba to Hannover Finanz
Orkla to Divest Elbro and Kotlin Business Units
NutriSystem Acquires Nu-Kitchen
RF Brookes and Bakkavor Bag M&S Ready Meals Contract
Heinz to Establish New Ready Meals Production Facility
Ginsters to Revamp Product Line
Orval Kent Food Acquires Fresh Creative Foods
Greencore Group Acquires Home Made Brand Foods
Pacific Community Ventures Acquires Freshology
Bakkavor Buys Shares in Gastro Primo
Marfrig Acquires CDB Meats
Pierre Schmidt Acquires Stoeffler
Unilever Forays into Chilled Ready-Meal Market
Hormel to Establish Production Facility
Northern Foods to Acquire Soup Manufacturing Unit from Baxters
Northern Foods Acquires Ethnic Cuisine
Food Bank for New York City Takes Over FoodChange

5.FOCUS ON SELECT GLOBAL PLAYERS

Advanced Fresh Concepts Corp. (US)
Birds Eye Foods®
Campbell Soup Company (US)
Chef Solutions, Inc. (US)
ConAgra Foods, Inc. (US)
Dístribuidora E Importadora Alsea SA DE CV (Mexico)
Fresh Express (UK)
General Mills, Inc. (US)
Grupo Herdez S.A.B. de CV (Mexico)
Grupo La Moderna, S.A.B. De C.V (Mexico)
H.J. Heinz Company (US)
Hormel Foods Corporation (US)
Kerry Group Plc
Kraft Foods, Inc. (US)
Nestlé USA, Inc. (US)
Raynal et Roquelaure (France)
Reser's Fine Foods, Inc. (US)
Sigma Alimentos, S.A. de C.V. (Mexico)
Smithfield Foods, Inc. (US)
The Findus Group (Europe)
Findus UK Ltd. (UK)
The Schwan Food Company (US)
Tipiak SA (France)
Tyson Foods, Inc. (US)
Unilever Foodsolutions (Netherlands)
Unilever PLC (UK)
Weight Watchers International, Inc. (UK)
William Saurin SA (France)

6.GLOBAL MARKET PERSPECTIVE

Value by Region

Table 1. World Recent Past, Current & Future Analysis for Ready Meals by Geographic Region – US, Canada, Japan, Europe, Asia-Pacific and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 2. World Historic Analysis for Ready Meals by Geographic Region – US, Canada, Japan, Europe, Asia-Pacific and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2001 through 2006 (includes corresponding Graph/Chart)

Table 3. World 13-year Perspective for Ready Meals by Geographic Region – Percentage Breakdown of Value Sales for US, Canada, Japan, Europe, Asia-Pacific and Rest of World Markets for Years 2003, 2009 & 2015 (includes corresponding Graph/Chart)

Volume by Region

Table 4. World Recent Past, Current & Future Analysis for Ready Meals by Geographic Region – Japan, Europe, and Rest of World Markets Independently Analyzed with Annual Sales in ‘000 Tons for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 5. World Historic Analysis for Ready Meals by Geographic Region – Japan, Europe, and Rest of World Markets Independently Analyzed with Annual Sales in ‘000 Tons for Years 2001 through 2006 (includes corresponding Graph/Chart)

Table 6. World 13-year Perspective for Ready Meals by Geographic Region – Percentage Breakdown of Volume Sales for Japan, Europe, and Rest of World Markets for Years 2003, 2009 & 2015 (includes corresponding Graph/Chart)

III. MARKET

1.UNITED STATES

A. MARKET ANALYSIS

Growth in Ready Meals Market Decelerates
Retail Stores Gain Edge Over Restaurants for Ready Meal Purchases
Recession Drives Retailers’ Share Further Up
Nestle Sustains Leadership in Frozen Dinners Even As Sales Plummet

Table 7. Leading Players in the US Frozen Dinner Market (2008 & 2009): Percentage Breakdown of Value Sales for Nestle, ConAgra, HJ Heinz and Others (includes corresponding Graph/Chart)

Media Spending on Frozen Dinners Shrinks

Table 8. Media Spending on Frozen Dinners in the US by Company (2006 & 2007): Value Breakdown for Nestle, Kraft Foods, Unilever, ConAgra Foods, General Mills, and Others (In US$ Million) (includes corresponding Graph/Chart)

Table 9. Leading Players in the US Frozen Dinners Market (2009): Percentage Share Breakdown of Value Sales for Nestle, ConAgra, Heinz and Others (includes corresponding Graph/Chart)

Select Players in the Region
Product Launches
Strategic Corporate Developments

B. MARKET ANALYTICS

Table 10. US Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 11. US Historic Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2001 through 2006 (includes corresponding Graph/Chart)

2.CANADA

A. MARKET ANALYSIS

Lower Market Penetration Bodes Continued Growth
Ready to Eat Foods Market Surging Ahead
Nestle Dominates Canadian Ready Meals Market
Grocery Stores Take The Lead

Table 12. Canadian Ready Meals Market by Distribution Channel (2009): Percentage Breakdown of Value Sales for Grocery Stores, Warehouse Clubs, Mass Merchandisers and Others (includes corresponding Graph/Chart)

Foodservice Outlets Eating into Retailer’s Share

B. MARKET ANALYTICS

Table 13. Canadian Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 14. Canadian Historic Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2001 through 2006 (includes corresponding Graph/Chart)

3.JAPAN

A. MARKET ANALYSIS

Ready Meals Market Inching in Japan

B. MARKET ANALYTICS

Market by Value

Table 15. Japanese Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 16. Japanese Historic Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2001 through 2006 (includes corresponding Graph/Chart)

Market by Volume

Table 17. Japanese Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in ‘000 Tons for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 18. Japanese Historic Analysis For Ready Meals Market Analyzed With Annual Sales In ‘000 Tons For Years 2001 through 2006 (includes corresponding Graph/Chart)

4.EUROPE

A. MARKET ANALYSIS

Europe – The Leader in Global Ready Meals Market
Germany Leads in Value Consumption
Frozen Ready Meals Dominate Ready Meals Market
Denmark Leads in Per Capita Consumption of Ready Meals in Europe

Table 19. Per Capita Consumption of Ready Meals in Select European Countries (2009) (includes corresponding Graph/Chart)

‘Convenience’ Giving Way to ‘Healthy Food’
Chilled Foods Market Continues to Prosper
Traditional Flavors Reign Supreme
Private Label Brands Gain Prominence Amid Global Recession
Ready Meals for Children – A Growing Market
Select Regional Player

B. MARKET ANALYTICS

Value Analytics By Region

Table 20. European Recent Past, Current & Future Analysis for Ready Meals by Geographic Region – France, Germany, UK and Rest of Europe Markets Independently Analyzed with Annual Sales in US$ Million for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 21. European Historic Analysis for Ready Meals by Geographic Region – France, Germany, UK and Rest of Europe Markets Independently Analyzed with Annual Sales in US$ Million for Years 2001 through 2006 (includes corresponding Graph/Chart)

Table 22. European 13-year Perspective for Ready Meals by Geographic Region – Percentage Breakdown of Value Sales for France, Germany, UK and Rest of Europe Markets for Years 2003, 2009 & 2015 (includes corresponding Graph/Chart)

Value Analytics by Product Segment

Table 23. European Recent Past, Current & Future Analysis for Ready Meals by Product Segment – Chilled Ready Meals, Frozen Ready Meals and Others Markets Independently Analyzed with Annual Sales in US$ Million for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 24. European Historic Analysis for Ready Meals by Product Segment – Chilled Ready Meals, Frozen Ready Meals and Others Markets Independently Analyzed with Annual Sales in US$ Million for Years 2001 through 2006 (includes corresponding Graph/Chart)

Table 25. European 13-year Perspective for Ready Meals by Product Segment – Percentage Breakdown of Value Sales for Chilled Ready Meals, Frozen Ready Meals and Others Markets for Years 2003, 2009 & 2015 (includes corresponding Graph/Chart)

Volume Analytics by Region

Table 26. European Recent Past, Current & Future Analysis for Ready Meals by Geographic Region – France, Germany, UK and Rest of Europe Markets Independently Analyzed with Annual Sales in ‘000 Tons for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 27. European Historic Analysis for Ready Meals by Geographic Region – France, Germany, UK and Rest of Europe Markets Independently Analyzed with Annual Sales in ‘000 Tons for Years 2001 through 2006 (includes corresponding Graph/Chart)

Table 28. European 13-year Perspective for Ready Meals by Geographic Region – Percentage Breakdown of Volume Sales for France, Germany, UK and Rest of Europe Markets for Years 2003, 2009 & 2015 (includes corresponding Graph/Chart)

Volume Analytics by Product Segment

Table 29. European Recent Past, Current & Future Analysis for Ready Meals by Product Segment–Chilled Ready Meals, Frozen Ready Meals and Others Markets Independently Analyzed with Annual Sales in ‘000 Tons for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 30. European Historic Analysis for Ready Meals by Product Segment – Chilled Ready Meals, Frozen Ready Meals and Others Markets Independently Analyzed with Annual Sales in ‘000 Tons for Years 2001 through 2006 (includes corresponding Graph/Chart)

Table 31. European 13-year Perspective for Ready Meals by Product Segment– Percentage Breakdown of Volume Sales for Chilled Ready Meals, Frozen Ready Meals and Others Markets for Years 2003, 2009 & 2015 (includes corresponding Graph/Chart)

4A.FRANCE

A. MARKET ANALYSIS

Current and Future Analysis
Select Players in the Region
Strategic Corporate Development

B. MARKET ANALYTICS

Market by Value

Table 32. French Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 33. French Historic Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2001 through 2006 (includes corresponding Graph/Chart)

Market by Volume

Table 34. French Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in ‘000 Tons for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 35. French Historic Analysis for Ready Meals Market Analyzed with Annual Sales in ‘000 Tons for Years 2001 through 2006 (includes corresponding Graph/Chart)

4B.GERMANY

A. MARKET ANALYSIS

Germany- The European Leader in Ready Meals Market
Demand for Convenience Food on Rise
Ready Meals Tops German Frozen Food Market
Private Labels Dominate German Frozen Ready Meals Market

Table 36. German Frozen Ready Meals Market By Meal Type (2008): Percentage Breakdown of Value Sales for Poultry/Meat, Pasta, Fish, Vegetable and Others (includes corresponding Graph/Chart)

Product Launch
Strategic Corporate Developments

B. MARKET ANALYTICS

Market by Value

Table 37. German Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 38. German Historic Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2001 through 2006 (includes corresponding Graph/Chart)

Market by Volume

Table 39. German Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in ‘000 Tons for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 40. German Historic Analysis for Ready Meals Market Analyzed with Annual Sales in ‘000 Tons for Years 2001 through 2006 (includes corresponding Graph/Chart)

4C.THE UNITED KINGDOM

A. MARKET ANALYSIS

UK Ready Meals Market – Going Strong
Chilled Meals Continue to Lead; Frozen Meals Gather Momentum
Frozen Ready Meals Market Picking Up
UK Chilled Prepared Meals
Recession and Excess Capacity Mars Chilled Ready Meals Industry
Increase in Canned Food Product Demand
Horde of Factors Rendering Tough Times to Ready Meals Market
Healthy Food Concept Aiding Continuity in Demand
Demographic Factors Driving Ready Meals Market in UK
Overcapacity Spurs Industry Consolidation
Thai Food Emerges Favorite Among Ethnic Ready Meal Options
Competitive Scenario

Table 41. Leading Ready Meal Brands in the UK (2008): Percentage Breakdown of Value Sales for Birds Eye, WeightWatchers, Young's, Mr. Brain's, Findus, Private Label and Others (includes corresponding Graph/Chart)

Table 42. Leading Chilled Ready Meals Retailers in UK (2007): Percentage Share Breakdown of Value Sales (includes corresponding Graph/Chart)

Select Players in the Region
Product Launches
Strategic Corporate Developments

B. MARKET ANALYTICS

Market by Value

Table 43. UK Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 44. UK Historic Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2001 through 2006 (includes corresponding Graph/Chart)

Market by Volume

Table 45. UK Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in ‘000 Tons for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 46. UK Historic Analysis for Ready Meals Market Analyzed with Annual Sales in ‘000 Tons for Years 2001 through 2006 (includes corresponding Graph/Chart)

4D.REST OF EUROPE

A. MARKET ANALYSIS

Current and Future Analysis
Select Markets
Spanish Ready Meals Market on the Ascent
Austrian Ready Meals Market Surges

Table 47. Austrian Ready Meals Market by Type (2006 – 2008): Percentage Breakdown of Value Sales for Frozen, Chilled, Canned and Dried Ready Meals (includes corresponding Graph/Chart)

Irish Ready Meals Market – An Overview
Select Player in the Region
Product Launch
Strategic Corporate Developments

B. MARKET ANALYTICS

Market by Value

Table 48. Rest of Europe Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 49. Rest of Europe Historic Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2001 through 2006 (includes corresponding Graph/Chart)

Market by Volume

Table 50. Rest of Europe Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in ‘000 Tons for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 51. Rest of Europe Historic Analysis for Ready Meals Market Analyzed with Annual Sales in ‘000 Tons for Years 2001 through 2006 (includes corresponding Graph/Chart)

5.ASIA-PACIFIC

A. MARKET ANALYSIS

Ready Meals Market in Asia-Pacific to Accelerate
Cold Storage Infrastructure in Asia – Yet to Take Off
Focus on Select Markets in the Region
China
Economic Boom Fuelling Growth in Chinese Ready Meals Market
Ready Meals – A Jaded Segment in Frozen Foods
Chinese Cold Chain Infrastructure Continues to Lurch
India
Indian Ready Meals Market – An Overview
Hong Kong
An Overview of Consumer Preferences in Hong Kong
Product Launch
Strategic Corporate Development

B. MARKET ANALYTICS

Table 52. Asia-Pacific Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 53. Asia-Pacific Historic Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2001 through 2006 (includes corresponding Graph/Chart)

6.REST OF WORLD

A. MARKET ANALYSIS

Current and Future Analysis
Mexican Ready Meals Market – An Overview
Mexico- The Largest Private Label Market in Latin America
Select Players in the Region

B. MARKET ANALYTICS

Table 54. Rest of World Recent Past, Current & Future Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2007 through 2015 (includes corresponding Graph/Chart)

Table 55. Rest of World Historic Analysis for Ready Meals Market Analyzed with Annual Sales in US$ Million for Years 2001 through 2006 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 212 (including Divisions/Subsidiaries - 225)
Region/CountryPlayers
The United States32
Canada
Japan
Europe
France
Germany
The United Kingdom
Italy
Spain
Rest of Europe
Asia-Pacific (Excluding Japan)
Middle East
Latin America