Introduction
The ready-made meal industry has seen significant growth in recent years as consumers seek convenient and time-saving options for their meals. With busy lifestyles and an increasing focus on health and nutrition, ready-made meal brands have become a popular choice for many consumers around the world. In this report, we will explore the top 10 ready-made meal brands in global retail markets, highlighting their financial data, industry insights, and market trends.
1. Nestle
Financial Data
Nestle is one of the largest food and beverage companies in the world, with a strong presence in the ready-made meal market. In 2020, Nestle reported sales of $84.3 billion, with a significant portion coming from its ready-made meal brands such as Stouffer’s and Lean Cuisine.
Industry Insights
Nestle’s ready-made meal brands are known for their high-quality ingredients and innovative product offerings. The company has a strong focus on sustainability and nutrition, which has resonated well with consumers seeking healthier meal options.
2. Kraft Heinz
Financial Data
Kraft Heinz is another major player in the ready-made meal market, with brands like Smart Ones and Devour. In 2020, the company reported sales of $25.4 billion, with a significant portion coming from its ready-made meal segment.
Industry Insights
Kraft Heinz’s ready-made meal brands are known for their bold flavors and convenient packaging. The company has also focused on expanding its plant-based offerings to cater to the growing demand for vegetarian and vegan options.
3. Conagra Brands
Financial Data
Conagra Brands is a leading player in the ready-made meal market, with brands like Healthy Choice and Marie Callender’s. In 2020, the company reported sales of $11.1 billion, with a significant portion coming from its ready-made meal business.
Industry Insights
Conagra Brands’ ready-made meal brands are known for their variety of options and portion control. The company has also focused on offering organic and natural ingredients to appeal to health-conscious consumers.
4. Bakkavor
Financial Data
Bakkavor is a global leader in the ready-made meal market, supplying products to major retailers around the world. In 2020, the company reported sales of $2.2 billion, with a significant portion coming from its ready-made meal division.
Industry Insights
Bakkavor’s ready-made meal brands are known for their fresh and flavorful options. The company has a strong focus on innovation and product development, continuously launching new products to meet consumer demands.
5. Greencore Group
Financial Data
Greencore Group is a leading ready-made meal manufacturer in Europe, with a focus on private label products. In 2020, the company reported sales of $1.7 billion, with a significant portion coming from its ready-made meal offerings.
Industry Insights
Greencore Group’s ready-made meal brands are known for their customization options and flexible manufacturing capabilities. The company works closely with retailers to develop products that meet specific customer needs and preferences.
6. Amy’s Kitchen
Financial Data
Amy’s Kitchen is a popular organic and vegetarian ready-made meal brand, known for its healthy and sustainable products. In 2020, the company reported sales of $500 million, with a strong following among health-conscious consumers.
Industry Insights
Amy’s Kitchen’s ready-made meal brands are known for their clean ingredients and environmentally friendly packaging. The company has a loyal customer base that appreciates its commitment to quality and transparency.
7. Nomad Foods
Financial Data
Nomad Foods is a leading frozen food company in Europe, with a strong portfolio of ready-made meal brands such as Birds Eye and Findus. In 2020, the company reported sales of $2.9 billion, with a significant portion coming from its ready-made meal division.
Industry Insights
Nomad Foods’ ready-made meal brands are known for their convenience and variety of options. The company has a strong distribution network and presence in multiple European markets, making it a key player in the industry.
8. Freshly
Financial Data
Freshly is a popular subscription-based ready-made meal service in the United States, offering fresh and chef-prepared meals delivered to customers’ doors. In 2020, the company reported sales of $500 million, with a growing customer base seeking convenient and healthy meal options.
Industry Insights
Freshly’s ready-made meal service is known for its customization options and focus on quality ingredients. The company has capitalized on the growing demand for meal delivery services, especially during the COVID-19 pandemic.
9. HelloFresh
Financial Data
HelloFresh is a leading meal kit delivery service globally, offering customers pre-portioned ingredients and recipes to cook at home. In 2020, the company reported sales of $4.1 billion, with a significant portion coming from its ready-made meal offerings.
Industry Insights
HelloFresh’s meal kit service has gained popularity for its convenience and variety of recipes. The company has expanded its product offerings to include ready-made meals, catering to customers looking for quick and easy meal solutions.
10. Huel
Financial Data
Huel is a meal replacement brand that offers nutritionally complete and convenient meal options in the form of powders and ready-to-drink shakes. In 2020, the company reported sales of $100 million, with a growing customer base seeking sustainable and plant-based meal alternatives.
Industry Insights
Huel’s meal replacement products are known for their nutritional value and convenience. The company has positioned itself as a leader in the meal replacement market, appealing to consumers looking for quick and balanced meal solutions.
In conclusion, the ready-made meal market is a dynamic and competitive industry, with a wide range of brands catering to different consumer preferences and lifestyles. As consumers continue to prioritize convenience and health, ready-made meal brands will need to innovate and adapt to meet changing demands in the global retail markets.
