The Prepared Meals Production industry has faced positive operating conditions over recent years. Revenue has benefited from consumers increasingly signing up to ready meal delivery services like My Muscle Chef and Lite n' Easy. Demand from time-poor consumers has been strong, as many have cut back on meal preparation. Producers that promote health as a core benefit have reported strong revenue growth. However, some companies have struggled to compete against private-label products launched by major supermarkets like Coles and Woolworths, as these products are often priced substantially lower compared to industry goods due to strong economies of scale. This trend has contributed to strong price competition and has constrained industry growth in recent years. Overall, industry revenue is expected to increase at an annualised 1.1% over the five years through 2024-25, to $1.9 billion. This includes an anticipated revenue rise of 1.8% in the current year. Prepared meal producers have shifted towards producing different meal types over recent years. Many smaller players have entered the market targeting healthy or specialty food areas due to rising health consciousness and growing demand for foods suited to vegan and vegetarian diets. Some producers have been able to take advantage of this opportunity, expanding significantly at the expense of firms that offer lower quality and cost foods. These meals typically demand higher prices, helping to push up industry profit margins. Industry revenue is set to continue growing in the coming years. An increasingly diverse range of products, including higher quality and easier to prepare meals, is forecast to boost overall industry demand. Specialty prepared meals are projected to rise in popularity as health consciousness and consumers with dietary preferences continue to shape the Australian food supply chain. Demand from time-poor consumers is also forecast to grow as more consumers enter the workforce. However, competition is set to remain high, limiting price-growth opportunities for producers. Industry revenue is projected to increase at an annualised 1.3% through the end of 2029-30, to $2.0 billion.

The Australian Frozen Ready Meals market is estimated to be worth USD 126.5 million by 2025 and is projected to reach a value of USD 336.9 million by 2035, growing at a CAGR of 10.2% over the assessment period 2025 to 2035

The Australia ready meals market size reached USD 1776.71 Million in 2024. The market is expected to grow at a CAGR of 5.66% between 2025 and 2034, reaching almost USD 3081.22 Million by 2034.

Number of Businesses statistics on the Prepared Meals Production industry in Australia

Ready Meals (Prepared Meals) Market in Australia – Outlook to 2023: Market Size, Growth and Forecast Analytics is a broad level market review of Ready Meals market in Australia. The research handbook provides up-to-date market size data for period 2013-2018 and illustrative forecast to 2023 covering key market aspects like Sales Value and Volume for Ready Meals and its variants Ambient Ready Meals, Dried Ready Meals, Chilled Ready Meals & Frozen Ready Meals. Read More

The Meal Kit Delivery Services industry has exploded thanks to increased health consciousness among consumers, rising disposable incomes and online shopping uptake. The COVID-19 pandemic accelerated growth as consumers turned to meal kits as an alternative to grocery shopping. Meal kits have transitioned from an unexplored niche market to a mainstream affair. However, profitability has been a significant challenge for meal kit providers. Extensive marketing and logistical mandates have been needed to attract new customers and ensure food safety, increasing operating costs. However, revenue is expected to grow at an annualised 17.2% over the five years through 2023-24, to $1.1 billion. Meal kit providers have faced tough competition, especially from big-box retailers and ready-meal delivery services. Supermarkets have been enhancing their online services and introducing meal kits and ready meals. Easing lockdown measures and rising inflation have led consumers back to dining out and in-store shopping instead of using meal kit subscriptions. Revenue is anticipated to grow 4.0% in 2023-24 as momentum slows. Smaller companies have also struggled to compete with established brands’ competitive pricing. The industry is set to continue growing over the coming years, despite shifts in the competitive landscape. Traditional supermarkets and grocery stores will increasingly offer meal kits and ready-made meals and enhance their online shopping experiences. Their emphasis on providing cost-effective, diversified options will intensify competition. Furthermore, as inflation weakens and consumers feel more comfortable dining out again, a potential decline in subscriptions will hinder providers’ expansion and prompt consolidation. However, meal kit providers will look to expand their product offerings and customisability to maintain their appeal. Technological advancements and eco-friendly practices will play significant roles in sustaining demand in the coming years. Revenue is projected to rise at an annualised 5.3% over the five years through 2028-29, to reach $1.4 billion.

Ready Meals (Prepared Meals) Market in Australia – Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Ready Meals market in Australia. The research handbook provides up-to-date market size data for period 2012-2017 and illustrative forecast to 2022 covering key market aspects like Sales Value and Volume for Ready Meals and its variants Ambient Ready Meals, Dried Ready Meals, Chilled Ready Meals & Frozen Ready Meals. Read More

"Ready Meals (Prepared Meals) Market in Australia – Outlook to 2020: Market Size, Growth and Forecast Analytics" is the result of Canadean’s extensive market research covering the Ready Meals market in Australia. The report presents detailed historic and forecast data on the Ready Meals consumption trends in Australia, offering consumption volume and value at market and category level. Bringing together Canadean’s research, modeling, and analysis expertise to develop uniquely detailed market data, it allows both foreign and domestic companies to identify the market dynamics of overall Ready Meals sales, and remain sensitive to those categories that will be in the ascendency in the coming years. This is an on-demand research handbook and will be delivered within 2 working days (excluding weekends) of the purchase. Read More

The Australia Ready-To-Eat Food Market was valued at USD 1.67 Billion in 2024 and is expected to reach USD 2.12 Billion by 2030 with a CAGR of 4.12%.

The Australian prepared dishes and meal market contracted modestly to $5.8B in 2024, approximately equating the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2024: its value increased at an average annual rate of +7.2% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +18.1% against 2022 indices.

The Australian Frozen Food market is estimated to be worth USD 2,194.5 million by 2025 and is projected to reach a value of USD 6,060.5 million by 2035, growing at a CAGR of 10.7% over the assessment period 2025 to 2035

Australia Frozen Food Market is anticipated to reach the market size of more than 6 Billion USD by 2027. Frozen fruits & vegetables will grow with the highest CAGR.

Analysis of Australia's prepared dishes and meals market, including consumption, production, trade, and forecasts through 2035, with key insights on growth trends and major trading partners.

Meal Kits (Prepared Meals) Market in Australia – Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Meal Kits market in Australia. The research handbook provides up-to-date market size data for period 2011-2016 and illustrative forecast to 2021 covering key market aspects like Sales Value and Volume for Meal Kits and its variants Ambient Meal Kits, Chilled Meal Kits, Frozen Meal Kits. Read More

Why was the report written This report provides authoritative and granular data on the Prepared Meals market in Australia and, in doing so fills the gaps in marketers’ understanding of trends and the components of change behind them. Based upon extensive primary and secondary research to provide comprehensive and granular data, this report allows marketers to confidently update their strategic and tactical plans. Marketers need data on volume and value changes, brand dynamics and distribution trends in order to effectively plan strategies. What are the key drivers behind recent market changes This report examines the components of change in the market by looking at historic and future growth patterns, including the effects of consumers’ behavior on total volumes, values, brands selected and types of product chosen. What makes this report unique and essential to read The report provides the latest, detailed data on dynamics in Australia Prepared Meals market, providing marketers with the essential data to understand their own, and their competitors’ position in the market and the information to accurately identify where to compete in the future. Read More

Australia frozen food market size reached USD 4.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 8.2 Billion by 2033, exhibiting a growth rate (CAGR) of 6.70% during ​2025-2033​. The introduction of attractive and sustainable packaging solutions and the expanding cold chain infrastructures are primarily catalyzing the market growth across the country.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product.

Discover why the market for prepared dishes and meals in Australia is expected to continue growing over the next decade, with an anticipated increase in market volume and value by 2035.

The Asia-Pacific frozen food market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 6.80% from 2025 to 2033. This expansion is fueled by several key drivers. Rising disposable incomes across the region, particularly in developing economies like India, are enabling consumers to incorporate more convenient and readily available food options into their diets. The increasing prevalence of busy lifestyles and dual-income households further contributes to the demand for quick-meal solutions offered by frozen foods. Furthermore, advancements in freezing technologies are enhancing the quality and shelf-life of frozen products, boosting consumer confidence. The market is segmented by product type (frozen fruits & vegetables, snacks, seafood, meat & poultry, desserts, others), product category (ready-to-eat, ready-to-cook), distribution channel (supermarkets, convenience stores, online retail), and geography (China, Japan, India, Australia, Rest of Asia-Pacific). China and India are anticipated to be major growth drivers due to their large populations and burgeoning middle classes. However, challenges such as fluctuating raw material prices and concerns regarding food safety and preservation methods could potentially restrain market growth. Leading players like General Mills, McCain Foods, and Nestle are actively shaping the market through product innovation, strategic partnerships, and expansion into emerging markets. The increasing popularity of online retail channels presents a significant opportunity for growth, while maintaining consistent supply chain efficiency and addressing consumer concerns regarding nutritional value will be crucial for sustained market success. The competitive landscape is marked by a mix of multinational corporations and local players. While multinational companies leverage their established brands and global reach, local companies often benefit from a deeper understanding of regional tastes and preferences. The future growth of the market hinges on addressing evolving consumer demands for healthier and more sustainable options. This includes a shift towards organic and ethically sourced frozen food products, as well as innovations in packaging to minimize environmental impact. Companies are increasingly focusing on offering diverse product lines tailored to specific dietary needs and preferences, including vegetarian, vegan, and gluten-free options. Strategic collaborations across the value chain are essential for optimizing production, distribution, and marketing efforts to effectively cater to this dynamic and expanding market. Recent developments include: In July 2022, Continental Coffee (CCL), a home-grown coffee brand, launched its plant-based brand 'Continental Greenbird' in India which offers frozen foods. With Continental Greenbird, CCL initially offered four plant-based meat varieties: Chicken-like nuggets, Chicken-like seekh kebab, Chicken-like sausage, and Mutton-like keema., In June 2021, Tyson Foods, one of the largest meat processors in the United States, announced its plans to launch plant-based products in the Asia Pacific, including Australia. It has planned the launch of three products in Malaysia imminently under the First Pride brand. The products include frozen Bites, Nuggets, and Strips made with regionally sourced ingredients including bamboo fiber, soy protein, and wheat protein. They claimed that these products will be halal certified., In November 2020, Beyond Meat announced the launch of its newest plant-based product, 'pork mince' in China. Beyond Pork has been developed by the United States meat-free firm's teams in Los Angeles and Shanghai and has been rolled out in select Chinese restaurants like Egg, Moménti, RAC, Solo X, and Tun Wang.. Notable trends are: Rising Inclination Towards Convenience Food.

"Pizza (Prepared Meals) Market in Australia – Outlook to 2020: Market Size, Growth and Forecast Analytics" is the result of Canadean’s extensive market research covering the Pizza market in Australia. The report presents detailed historic and forecast data on the Pizza consumption trends in Australia, offering consumption volume and value at market and category level. Bringing together Canadean’s research, modeling, and analysis expertise to develop uniquely detailed market data, it allows both foreign and domestic companies to identify the market dynamics of overall Pizza sales, and remain sensitive to those categories that will be in the ascendency in the coming years. This is an on-demand research handbook and will be delivered within 2 working days (excluding weekends) of the purchase. Read More

The APAC Ready-To-Eat Food Market Report is Segmented by Product Type (Instant Breakfast/Cereals, Instant Soups and Snacks, and More), Distribution Channel (Supermarkets/Hypermarkets, Convenience/Grocery Stores, and More), and Country (China, Japan, Australia, India, Indonesia, South Korea, and More). The Market Forecasts are Provided in Terms of Value (USD).