Welcome!

News Feed Item

Market Focus: Trends and Developments in the Prepared Meals Sector in the US

NEW YORK, Jan. 27, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Market Focus: Trends and Developments in the Prepared Meals Sector in the US
http://www.reportlinker.com/p01863095/Market-Focus-Trends-and-Developments-in-the-Prepared-Meals-Sector-in-the-US.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Retail

Product Synopsis

This report provides a concise overview of the Prepared Meals market in the US. After reading this report, you will understand the size of the market, the economic, demographic, and behavioral trends that will drive its evolution and the leading players within the market, allowing you to plan effectively for the future.

Introduction and Landscape

Why was the report written?
This overview of the consumer and market dynamics of the US Prepared Meals sector allows new entrants and established players to gain rapid and comprehensive insight into the current state of the market and identify the key trends that will drive growth in the coming years.

What is the current market landscape and what is changing?
The Prepared Meals market in the US is one of the largest in the world and per capita consumption is also high. Meanwhile, the increasing number of single-person households, increased affluence, and busy lives has created demand for single-serving Prepared Meal packages, or those that can be resealed for future use.

What are the key drivers behind recent market changes?
Increased per capita income in the US, apart from a drop in 2009, resulted in consumers demanding more time saving and convenient food items, among which Prepared Meals figures prominently.

What makes this report unique and essential to read?
This report brings together consumer insight and market data to provide a comprehensive brief of the US Prepared Meals sector. This allows for the rapid identification of key growth opportunities across three Prepared Meals categories and their packaging.

Key Features and Benefits

Analysis of consumer behavior, economic conditions, and demography reveals emerging opportunities in the Prepared Meals sector in the US.

Key growth categories are highlighted by analyzing the market dynamics of three Prepared Meals categories: Meal Kits, Pizza, and Ready Meals.

Market shares are provided for the leading brands across the Meal Kits, Pizza, and Ready Meals categories.

An overview of packaging trends in the US Prepared Meals sector is provided, including primary packaging material and type, packaging closures, and outer packaging.

Key future trends are highlighted and analyzed in order to identify opportunities and threats in the Prepared Meals sector.

Key Market Issues

Food & Grocery sales in the US will increase across all channels; however, the majority of this growth will occur in modern retail chains as they expand beyond core urban centers and into smaller towns. Hypermarkets & Supermarkets dominate sales of Prepared Meals market in the US.

Convenience is of growing importance in US food culture, as consumers look for quick and easy options as a result of busy lifestyles, the increase in the number of single parent households, and the rise in the number of working women. With the improved economic condition there is increased competition between Prepared Meals and the Foodservices sector.

Both male and female markets are focused on Affluent and Time Rich consumer segments. In addition, consumer analysis based on Wealth Group reveals that the Hard Pressed consumer group has a large consumption share, indicating an opportunity for inexpensive ranges of Prepared Meals.

Prepared Meals manufacturers should focus their strategies towards Tweens & Early Teens, and Older consumers. Marketers should aim to support this group with suitable products.

Key Highlights

Consumer confidence has been hit beyond the economic recession during 2007-2009. Even though the economy has returned to a growth path, consumer confidence still remains weak. This will create opportunities for private labels, even though they currently have a low penetration in the Prepared Meals sector.

Sales of private label Prepared Meals products have increased consistently in the US based on successful partnerships between big suppliers and major retailers.

Increased health concerns, especially obesity, haveled some American consumers to want to cut down their calorie consumption.

Convenient packaging is a major trend in Prepared Meals, such as packs that can be readily microwaved and then used as a serving dish.
Country context
-          Growing proportion of affluent Millennial population will drive demand for consumer goods in the US
-          High concentration in Food and Grocery retail sales in national chains
-          Hypermarkets and Supermarkets dominate sales of Prepared Meals market in the US
-          Improved economic conditions to drive Foodservices market in the US
Consumer Overview
-          Older population is driving the consumption of Prepared Meals in US.
-          Prepared Meals manufacturers should focus their strategies towards Tweens and Early Teens, and Older consumers
-          Busy Lives is the key trend that influences the American Prepared Meals consumers
-          Purchase of Prepared Meals in the US is largely influenced by Personal Space and Time and Changing Lifestages
Sector Analysis

-          Prepared Meals market to pick up growth after the recessionary phase
-          Ready Meals and Pizza to drive growth in Prepared Meals market in the US
-          Growth in Prepared Meals market in the US will be at par with matured market levels
-          Ready Meals category will continue to be the leading category in Prepared Meals market
Brands and Private Labels
-          Large suppliers driving growth of Private Label products in the Prepared Meals market
-          Private labels recorded higher growth than major brands
-          Key brands by category
Packaging Insight
-          Rigid Plastics is the most preferred form of packing material in Prepared Meals market giving convenience to customer
-          Growing trend towards single-serve packaging of Prepared Meals
Future Outlook- four key trends in The US's Prepared Meals sector
-          Authentic" Prepared Meals are more popular
-          Consumers are looking for increased freshness and premium products
-          Smaller meal size and low calorie packs more in demand
-          Packaging innovation for convenience and indulgence
Data Appendix and Summary Methodology

To order this report: Market Focus: Trends and Developments in the Prepared Meals Sector in the US
http://www.reportlinker.com/p01863095/Market-Focus-Trends-and-Developments-in-the-Prepared-Meals-Sector-in-the-US.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Retail

__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001

SOURCE Reportlinker

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...