Introduction

The ready-to-eat meal industry has experienced significant growth in recent years, driven by busy lifestyles, convenience, and a growing demand for quick and easy meal solutions. In this report, we will explore the top 10 ready-to-eat meal brands in global food retail, highlighting key players in the market and providing insights into their financial performance and market presence.

1. Nestle

Nestle is one of the leading ready-to-eat meal brands globally, offering a wide range of products under its various brands such as Lean Cuisine, Stouffer’s, and Hot Pockets. Nestle has a strong presence in the market and continues to innovate with new product offerings to cater to consumer preferences for convenient and healthy meal solutions.

Financial Data:

Nestle reported sales of $84.3 billion in 2020, with its prepared dishes and cooking aids segment contributing significantly to its overall revenue. The company’s ready-to-eat meal brands continue to perform well, driving growth in its portfolio of products.

2. Conagra Brands

Conagra Brands is another key player in the ready-to-eat meal market, with popular brands such as Healthy Choice, Marie Callender’s, and Banquet. The company has a strong presence in North America and continues to expand its product offerings to meet consumer demand for convenient and nutritious meal options.

Financial Data:

Conagra Brands reported net sales of $11.1 billion in 2020, with its frozen and snacks segment, which includes ready-to-eat meals, contributing to its revenue growth. The company’s focus on innovation and product development has helped drive sales in the competitive ready-to-eat meal market.

3. Kraft Heinz

Kraft Heinz is a major player in the ready-to-eat meal industry, with a diverse portfolio of brands such as Weight Watchers Smart Ones, Devour, and Lunchables. The company’s focus on providing convenient meal solutions for consumers has helped it maintain a strong position in the market.

Financial Data:

Kraft Heinz reported net sales of $26.2 billion in 2020, with its frozen food segment, which includes ready-to-eat meals, contributing to its overall revenue. The company continues to invest in product innovation and marketing to drive growth in its ready-to-eat meal brands.

4. General Mills

General Mills is a well-known food company that offers a variety of ready-to-eat meal options under brands such as Betty Crocker, Progresso, and Annie’s. The company’s focus on providing convenient and tasty meal solutions has helped it establish a strong presence in the market.

Financial Data:

General Mills reported net sales of $17.6 billion in 2020, with its meals and baking segment, which includes ready-to-eat meals, contributing to its revenue growth. The company’s commitment to product quality and innovation has helped drive sales in the competitive ready-to-eat meal market.

5. Bakkavor

Bakkavor is a global provider of fresh prepared foods, including ready-to-eat meals, salads, and desserts. The company supplies a wide range of products to retail and foodservice customers worldwide, with a focus on innovation and quality.

Financial Data:

Bakkavor reported revenue of £1.9 billion in 2020, with its meals segment contributing to its overall sales. The company’s strong customer relationships and commitment to product development have helped it establish a leading position in the ready-to-eat meal market.

6. Nomad Foods

Nomad Foods is a leading frozen food company that offers a variety of ready-to-eat meal options under brands such as Birds Eye, Findus, and Iglo. The company’s focus on providing convenient and high-quality meal solutions has helped it gain market share in Europe and beyond.

Financial Data:

Nomad Foods reported revenue of €2.8 billion in 2020, with its frozen segment, which includes ready-to-eat meals, contributing significantly to its sales. The company’s strong brand portfolio and focus on product innovation have driven growth in the competitive ready-to-eat meal market.

7. Amy’s Kitchen

Amy’s Kitchen is a popular brand that offers a wide range of organic and vegetarian ready-to-eat meals, soups, and snacks. The company’s commitment to using high-quality, organic ingredients has helped it attract health-conscious consumers looking for convenient meal options.

Financial Data:

Amy’s Kitchen is a privately held company and does not disclose its financial data publicly. However, the brand’s strong market presence and loyal customer base indicate its success in the competitive ready-to-eat meal market.

8. Unilever

Unilever is a multinational consumer goods company that offers a variety of ready-to-eat meal options under brands such as Knorr, Ben & Jerry’s, and Magnum. The company’s focus on sustainability and product quality has helped it maintain a strong position in the market.

Financial Data:

Unilever reported revenue of €50.7 billion in 2020, with its foods and refreshment segment, which includes ready-to-eat meals, contributing to its overall sales. The company’s commitment to innovation and sustainability has driven growth in its ready-to-eat meal brands.

9. Hormel Foods

Hormel Foods is a leading food company that offers a variety of ready-to-eat meal options under brands such as Hormel, Jennie-O, and Applegate. The company’s focus on providing high-quality, convenient meal solutions has helped it gain market share in the competitive ready-to-eat meal market.

Financial Data:

Hormel Foods reported revenue of $9.7 billion in 2020, with its refrigerated foods segment, which includes ready-to-eat meals, contributing to its overall sales. The company’s strong brand portfolio and focus on product innovation have driven growth in the ready-to-eat meal market.

10. Campbell Soup Company

Campbell Soup Company is a well-known food company that offers a variety of ready-to-eat meal options under brands such as Campbell’s, Prego, and Swanson. The company’s focus on providing convenient and nutritious meal solutions has helped it maintain a strong position in the market.

Financial Data:

Campbell Soup Company reported net sales of $8.7 billion in 2020, with its meals and beverages segment, which includes ready-to-eat meals, contributing to its revenue growth. The company’s commitment to product quality and innovation has helped drive sales in the competitive ready-to-eat meal market.
In conclusion, the global ready-to-eat meal market is highly competitive, with a wide range of brands offering convenient and nutritious meal solutions to consumers worldwide. The top 10 ready-to-eat meal brands highlighted in this report have established strong market positions through innovation, product quality, and a focus on consumer preferences. As consumer demand for convenient meal options continues to grow, these brands will likely continue to play a key role in shaping the future of the ready-to-eat meal industry.