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Explore the Global Convenience Food Market, valued at USD 528 Billion in 2023, projected to reach USD 852.6 Billion by 2030 with a 7.45% CAGR.
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The convenience food market is set to reach a valuation of USD 679.7 million level by the year 2025, with the demand for these products growing at 7.2% every year.
| Attributes | Description |
|---|---|
| Estimated Global Convenience Food Business Size (2025E) | USD 679.7 million |
| Projected Global Convenience Food Business Value (2035F) | USD 1.36 billion |
| Value-based CAGR (2025 to 2035) | 7.2% |
Semi-Annual Market Update
| Particular | Value CAGR |
|---|---|
| H1 (2024 to 2034) | 7.0% |
| H2 (2024 to 2034) | 7.5% |
| H1 (2025 to 2035) | 7.4% |
| H2 (2025 to 2035) | 7.8% |
Country-wise Insights
| Countries | Value (2035) |
|---|---|
| China | 7.5% |
| The USA | 6.9% |
| Japan | 5% |
| Germany | 5.5% |
| The UK | 5.6% |
Segment-wise Analysis
| Segment | Value Share (2025) |
|---|---|
| Frozen Foods | 35% |
| Segment | Value Share (2025) |
|---|---|
| Supermarkets and Hypermarkets ( Distribution Channels) | 40% |
Competitive Outlook
| Company Name | Estimated Share (%) |
|---|---|
| Nestlé S.A. | 10-14% |
| Mondelez International Inc. | 8-12% |
| Kraft Foods Group Inc. | 7-11% |
| Grupo Bimbo | 6-10% |
| McCain Foods Limited | 5-9% |
| Other Companies (combined) | 40-50% |
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The global convenience food market size reached a value of approximately USD 485.12 Billion in 2024. The market is further expected to grow at a CAGR of 6.10% between 2025 and 2034, reaching a value of USD 877.01 Billion by 2034. The global convenience food market size is expanding due to rising urbanisation, busy lifestyles, and increasing disposable incomes. Consumers prefer ready-to-eat and easy-to-prepare meals due to time constraints. The growth of e-commerce and retail chains enhances accessibility, while advancements in food processing and packaging extend shelf life. Furthermore, growing working populations and increasing demand for on-the-go snacks contribute to the market’s steady expansion worldwide.
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Frozen And Convenience Food Market Size 2024-2028
The frozen and convenience food market size is valued to increase USD 468.9 billion, at a CAGR of 8.09% from 2023 to 2028. Growing consumer inclination toward vegan frozen foods will drive the frozen and convenience food market.
Major Market Trends & Insights
North America dominated the market and accounted for a 49% growth during the forecast period.
By Distribution Channel - Offline segment was valued at USD 422.90 billion in 2022
By Type - Convenience food segment accounted for the largest market revenue share in 2022
Market Size & Forecast
Market Opportunities: USD 110.16 billion
Market Future Opportunities: USD 468.90 billion
CAGR from 2023 to 2028 : 8.09%
Market Summary
The market has witnessed significant expansion in recent years, fueled by shifting consumer preferences and the increasing demand for time-saving solutions. According to market data, the global frozen food market was valued at over USD128 billion in 2020, with convenience foods accounting for a substantial portion of this figure. This trend is driven by several factors, including the escalating need for convenience in today's fast-paced world and the growing consumer inclination toward plant-based diets. The convenience food sector, which includes ready-to-eat meals, snacks, and beverages, has experienced remarkable growth due to its ability to cater to the busy lifestyles of modern consumers.
Frozen foods, in particular, have gained popularity due to their extended shelf life and ease of preparation. However, this market segment faces challenges, such as health concerns related to the high sodium, sugar, and preservative content in many frozen food products. Despite these challenges, the market continues to evolve, with innovations in product development and manufacturing processes aimed at addressing consumer demands for healthier, more convenient options. For instance, companies are focusing on reducing sodium and sugar content, increasing the use of natural ingredients, and offering more plant-based and vegan alternatives. These efforts are expected to drive the market's future growth, as consumers increasingly seek out healthier, more convenient food solutions.
What will be the Size of the Frozen And Convenience Food Market during the forecast period?
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How is the Frozen And Convenience Food Market Segmented ?
The frozen and convenience food industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Distribution Channel
Offline
Online
Type
Convenience food
Frozen food
Geography
North America
US
Europe
Germany
UK
APAC
China
Japan
Rest of World (ROW)
By Distribution Channel Insights
The offline segment is estimated to witness significant growth during the forecast period.
The market continues to evolve, with the offline segment holding a dominant position, accounting for approximately 75% of global sales. This segment includes supermarkets, hypermarkets, convenience stores, and local merchants, offering a wide variety of products such as frozen fruits, vegetables, ready meals, and snacks. Consumer preference for convenience, competitive pricing, and a vast selection of brands and stock-keeping units (SKUs) contribute to the growth of this distribution channel. In the production process, advanced technologies like IQF freezing, high-pressure processing, and vacuum packaging are employed to ensure extended shelf life and maintain food texture.
HACCP implementation, ingredient declaration standards, and food safety certifications are crucial for maintaining quality control and consumer trust. The market also prioritizes supply chain visibility and efficient refrigerated transport logistics to ensure product freshness and reduce waste. Notably, meal kit assembly lines and automated packaging systems have gained traction, streamlining production processes and optimizing costs.
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The Offline segment was valued at USD 422.90 billion in 2018 and showed a gradual increase during the forecast period.
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Regional Analysis
North America is estimated to contribute 49% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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In The market, the European region held a significant market share in 2023. Key contributors to this growth include the UK, Germany, and Spain. Factors fueling the expansion of the Euro
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The Japan convenience food market size reached USD 30,227.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 34,086.1 Million by 2033, exhibiting a growth rate (CAGR) of 1.3% during 2025-2033. The increasing demand for convenient food options among busy individuals, the growing geriatric population adopting convenience food options, and the growing popularity of convenience stores or konbini that offer numerous ready-to-eat (RTE) meals, snacks, and beverages represent some of the key factors driving the market.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
| 2024 |
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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| Market Size in 2024 | USD 30,227.0 Million |
| Market Forecast in 2033 | USD 34,086.1 Million |
| Market Growth Rate (2025-2033) | 1.3% |
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 type, product, and distribution channel.
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The Global Convenience Foods market size is USD 621.5 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 7.60% from 2023 to 2030.
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The global market size of Convenience Foods is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Convenience Foods Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Convenience Foods industry. The key insights of the report:
1.The report provides key statistics on the market status of the Convenience Foods manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Convenience Foods industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Convenience Foods Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Convenience Foods as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Convenience Foods market
* Product Type I
* Product Type II
* Product Type III
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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TwitterThe volume is forecast to experience significant growth in all segments in 2030. This reflects the overall trend throughout the entire forecast period from 2020 to 2030. It is estimated that the volume is continuously rising in all segments. In this regard, the Ready-to-Eat Meals segment achieves the highest value of *** billion kilograms in 2030. Find further statistics on other topics such as a comparison of the revenue in Turkey and a comparison of the average revenue per capita in the world. The Statista Market Insights cover a broad range of additional markets.
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TwitterOver the last two observations, the volume is forecast to significantly increase in all segments. As part of the positive trend, the volume reaches the maximum value for all two different segments at the end of the comparison period. Particularly noteworthy is the segment Ready-to-Eat Meals, which has the highest value of *** billion kilograms. Find further statistics on other topics such as a comparison of the volume in Russia and a comparison of the price per unit in Sierra Leone. The Statista Market Insights cover a broad range of additional markets.
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South Korea convenience food market size reached USD 9.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 16.2 Billion by 2033, exhibiting a growth rate (CAGR) of 5.23% during 2025-2033. The regional trend towards urbanization, which has led to a rise in the number of people living in urban areas where time constraints and limited cooking facilities enhance the need for convenient food options, is driving the market.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
| 2024 |
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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| Market Size in 2024 | USD 9.7 Billion |
| Market Forecast in 2033 | USD 16.2 Billion |
| Market Growth Rate (2025-2033) | 5.23% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country levels for 2025-2033. Our report has categorized the market based on type, product, and distribution channel.
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TwitterFrom the selected regions, the ranking by average volume per capita in the 'Convenience Food' segment of the food market is led by Belgium with **** kilograms and is followed by Argentina (***** kilograms). In contrast, the ranking is trailed by India with **** kilograms, recording a difference of ***** kilograms to Belgium. Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the processed vegetables, fruit & potatoes segment of the food market and a ranking by country regarding revenue in the baby food segment of the food market. The Statista Market Insights cover a broad range of additional markets.
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Explore the global convenience food market. Our report analyzes key trends, growth drivers, and competitor strategies. Stay ahead with in-depth market data.
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South East Asia convenience food market size reached USD 21.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 38.3 Billion by 2033, exhibiting a growth rate (CAGR) of 6.3% during 2025-2033. The rising popularity of quick and accessible meal solutions, owing to fast-paced lifestyles of individuals, along with the introduction of enhanced food delivery services, is primarily driving the regional market.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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| Market Size in 2024 | USD 21.2 Billion |
| Market Forecast in 2033 | USD 38.3 Billion |
| Market Growth Rate 2025-2033 | 6.3% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country levels for 2025-2033. Our report has categorized the market based on type, product, and distribution channel.
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North America Convenience Foods market ranks second in size. The forecast for the compound annual growth rate is 6.5% .
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Global Convenience Food and Frozen Food market size 2025 was XX Million. Convenience Food and Frozen Food Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
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Report of Convenience Food and Frozen Food Market is currently supplying a comprehensive analysis of many things which are liable for economy growth and factors which could play an important part in the increase of the marketplace in the prediction period. The record of Convenience Food and Frozen Food Industry is providing the thorough study on the grounds of market revenue discuss production and price happened. The report also provides the overview of the segmentation on the basis of area, contemplating the particulars of earnings and sales pertaining to marketplace.
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TwitterOver the last two observations, the volume is forecast to significantly increase in all segments. As part of the positive trend, the volume reaches the maximum value for all two different segments at the end of the comparison period. Particularly noteworthy is the segment Ready-to-Eat Meals, which has the highest value of *** billion kilograms. Find further statistics on other topics such as a comparison of the price per unit in Japan and a comparison of the price per unit in Nigeria. The Statista Market Insights cover a broad range of additional markets.
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Base Year 2023 Forecast Period 2024-2028 Market Growth X.XX%*
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Europe's Convenience Foods market accounted for a share of more than 6.6% of the global revenue.
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The global Ready to Eat Meals to Consumer market is poised for significant expansion, with a projected market size of approximately USD 150 billion and an estimated Compound Annual Growth Rate (CAGR) of 6.5% for the period 2025-2033. This robust growth is underpinned by a confluence of powerful drivers, primarily the escalating demand for convenience and time-saving food solutions among busy consumers. The increasing urbanization, dual-income households, and the relentless pace of modern life are creating a fertile ground for ready-to-eat options that cater to immediate hunger without compromising on taste or nutritional value. Furthermore, advancements in food processing technologies, extended shelf-life solutions, and innovative packaging are making these meals more accessible, appealing, and safer for consumption, further fueling market penetration. The growing preference for diverse cuisines and the ability of ready-to-eat meals to offer authentic ethnic flavors also contribute significantly to market momentum, appealing to a broader consumer base seeking culinary exploration at home. The market is segmented into various applications, with Supermarkets and Convenience Stores leading in distribution channels due to their widespread accessibility and impulse purchase potential. Online Sales are emerging as a dynamic segment, driven by the convenience of doorstep delivery and the growing adoption of e-commerce for groceries. Within product types, Ready Dishes are expected to command the largest share, encompassing a wide array of convenient meals. Noodles and Pasta, and Soups also represent substantial segments, each catering to specific consumer preferences for quick and satisfying meals. Emerging trends such as the focus on healthier, plant-based, and organic ready-to-eat options are gaining traction, reflecting a growing consumer consciousness towards wellness. However, challenges such as the perception of lower freshness and potential nutritional compromises compared to freshly prepared meals, coupled with stringent food safety regulations and intense price competition among established players like Conagra, Nestle, and Unilever, will need to be strategically navigated by market participants to sustain and accelerate growth throughout the forecast period. This report offers an in-depth analysis of the Ready to Eat (RTE) Meals to Consumer market, providing a 360-degree view of its landscape from 2019 to 2033. The study period encompasses historical data from 2019-2024, with 2025 serving as both the base and estimated year for current market valuations. The forecast period extends from 2025 to 2033, offering actionable insights into future market trajectory. We delve into market size, growth drivers, challenges, trends, and competitive strategies, utilizing data in millions of units.
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Explore the Global Convenience Food Market, valued at USD 528 Billion in 2023, projected to reach USD 852.6 Billion by 2030 with a 7.45% CAGR.