Europe Ready To Eat Food Market
Europe Ready to Eat (RTE) Food Market, By Product (Dairy Products, Instant Breakfast & Cereals, Bakery & Confectionery, Meat & Poultry, Frozen Pizza, Pasta & Noodles, Others); By Sales Channel (Food Service, Airport Retail, Travel Retail, Online); By Country (Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, The Netherlands, Rest of Europe), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: December 2024
- Report ID: BWC24930
- Available Format: PDF
- Page: 272
Report Overview
Increasing preference for convenience food and beverage items driven by busy lifestyles of working people in growing number of single and nuclear families, and adoption of technological advancements are expected to drive Europe Ready to Eat (RTE) Food Market during the forecast period between 2024 and 2030.
Europe Ready to Eat (RTE) Food Market – Industry Trends & Forecast Report, 2030
Europe Ready to Eat (RTE) Food Market size was estimated at USD 88.6 billion in 2023. During the forecast period between 2024 and 2030, Europe Ready to Eat (RTE) Food Market size is projected to grow at a steady CAGR of 3.8% reaching a value of USD 114.9 billion by 2030. Prominent drivers of the market include the thriving travel, tourism, and hospitality sector, a growing preference for convenience foods due to busier lifestyles. Innovative product launches by RTE food manufacturers are also fueling the growth of RTE Food Market in Europe. The availability of diverse food options and greater exposure to different types of cuisines have made RTE food a staple in the lives of millennials. Additionally, technological advancements in food packaging and cold chain logistics are further boosting the market growth. The RTE Food Market in Europe is characterized by a wide range of products, including frozen meals, snacks, instant mixes, and ready-to-cook foods, with key players comprising both domestic brands and multinational corporations.
Ready to Eat (RTE) Food – Overview
Ready to Eat (RTE) food refers to pre-cooked or pre-prepared meals that require minimal to no further preparation before consumption. These foods are typically packaged for convenience, offering consumers quick and easy meal solutions that can be eaten immediately after opening, heating, or minimal cooking. RTE foods encompass a wide range of products, including frozen meals, canned foods, snacks, instant mixes, and ready-to-cook items. They are designed to cater to busy lifestyles, providing a balance of taste, nutrition, and convenience, often with extended shelf life due to advanced packaging and preservation techniques.
Europe Ready to Eat (RTE) Food Market
Growth Drivers
Busy Lifestyles of People Living in Expanded Urban Areas
Expanding urban areas with growing migrant and working populations with busy lifestyles across the county have significantly fueled the growth of Europe Ready to Eat (RTE) Food Market. As people move to urban areas for better job prospects and living standards, the demand for convenient food options has surged. Urban residents, often juggling busy schedules, have limited time for cooking, making RTE foods an attractive choice for quick and easy meals that do not sacrifice taste or nutrition. The trend is especially prominent among dual-income households, young professionals, students, and individuals living alone, who prioritize convenience and time-efficiency in their food choices. Also, the shift toward smaller household sizes, such as nuclear families and single-person households, has further increased the demand for RTE foods. The smaller households often favor portion-controlled meals that RTE products provide, minimizing food waste and catering to individual consumption needs.
Challenges
Price Sensitive European Consumers
Price sensitivity among European consumers poses a challenge to the widespread adoption of RTE foods. RTE manufacturers face the ongoing challenge of balancing competitive pricing with quality and profitability. To overcome the challenge of price sensitivity, companies in the RTE Food Market are optimizing production processes, sourcing ingredients more cost-effectively, and leveraging economies of scale. Additionally, offering value-added options like larger pack sizes, meal combos, and promotional pricing helps attract price-sensitive consumers while preserving profit margins.
Impact of Escalating Geopolitical Tensions on Europe Ready to Eat (RTE) Food Market
Escalating geopolitical tensions among countries, particularly the prolonging Russian-Ukraine war further spreading across the region, could have a significant impact on the growth of Europe Ready to Eat (RTE) Food Market. Economic, political, and trade tensions and sanctions may disrupt global supply chains, leading to increased costs for raw materials and packaging, which could, in turn, drive up prices for RTE products. Additionally, potential trade restrictions and import-export challenges might limit the availability of certain ingredients, affecting product variety and innovation. The uncertainty caused by geopolitical conflicts can also influence consumer spending behavior, making price-sensitive European consumers more cautious about purchasing RTE foods. Overall, these factors could pose challenges to the market's growth, requiring manufacturers to adapt their strategies to maintain competitiveness.
Europe Ready to Eat (RTE) Food Market
Segmental Coverage
Europe Ready to Eat (RTE) Food Market – By Product
By product type, Europe Ready to Eat (RTE) Food Market is divided into Dairy Products, Instant Breakfast & Cereals, Bakery & Confectionery, Meat & Poultry, Frozen Pizza, Pasta & Noodles, and other products segments. The instant breakfast/cereals segment holds the largest market share of Europe Ready to Eat (RTE) Food Market by product. RTE cereals encompass a wide variety of products and processing technologies. Across countries, the popularity of these cereals has risen significantly, largely due to the increase in working housewives. Ongoing research in the cereals segment aims to reduce production costs, making these products more accessible to lower-income populations.
Europe Ready to Eat (RTE) Food Market – By Sales Channel
Based on sales channel, Europe Ready to Eat (RTE) Food Market is divided into Food Service, Airport Retail, Travel Retail, and Online segments. The food service segment holds the largest share of Europe Ready to Eat (RTE) Food Market by sales channel. The food service segment significantly contribute to the market’s growth by offering a comprehensive range of RTE products. They provide convenience and variety, featuring a broad selection of frozen meals and snacks.
Europe Ready to Eat (RTE) Food Market – By Country
The in-depth research report on Europe Ready to Eat (RTE) Food Market covers the market in the region’s major countries: Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, The Netherlands, and Rest of Europe. Germany holds the highest share in Europe Ready to Eat (RTE) Food Market and is expected to maintain its dominance during the forecast period. Key factors driving this dominance include the significant presence of densely populated urban centers with large working populations with busy lifestyle.
Competitive Landscape
Major players operating in Europe Ready to Eat (RTE) Food Market include Nestlé S.A, McCain Foods Limited, Nomad Foods Ltd, Premier Foods Group Limited, Ebro Foods, S.A., Conagra Brands, Inc., Dr. Oetker, Frosta AG, The Kraft Heinz Company, and The Kellogg Company. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Recent Developments
-
In April 2024 – The European Commission (EC) proposed amendments to its Regulation (EC) No. 2073/2005 for Listeria monocytogenes in ready to eat (RTE) foods to align European Union (EU) rules with Codex Alimentarius standards.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2030 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
USD Billion |
Market Coverage |
Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, The Netherlands, Rest of Europe |
Product/ Service Segmentation |
Product, Sales Channel, Country |
Key Players |
Nestlé S.A, McCain Foods Limited, Nomad Foods Ltd, Premier Foods Group Limited, Ebro Foods, S.A., Conagra Brands, Inc., Dr. Oetker, Frosta AG, The Kraft Heinz Company, The Kellogg Company |
By Product
-
Dairy Products
-
Instant Breakfast & Cereals
-
Bakery & Confectionery
-
Meat & Poultry
-
Frozen Pizza
-
Pasta & Noodles
-
Others
By Sales Channel
-
Food Service
-
Airport Retail
-
Travel Retail
-
Online
By Country
-
Germany
-
United Kingdom
-
Italy
-
France
-
Spain
-
Belgium
-
Russia
-
The Netherlands
-
Rest of Europe
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Europe Ready to Eat Food Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Busy Lifestyles and Time Constraints
- Urbanization and Nuclear Families
- Rising Disposable Income
- Restraints
- Health and Nutritional Concerns
- Sensory Experience and Taste Preferences
- Opportunities
- Growing Preference for Healthy and Nutritious Food
- Expansion of Retail Channels and E-commerce
- Challenges
- Price Sensitivity
- Food Safety and Quality Concerns
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Europe Ready to Eat Food Market: Marketing Strategies
- Europe Ready to Eat Food Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- Dairy Products
- Instant Breakfast/Cereals
- Bakery & Confectionary
- Meat & Poultry
- Frozen Pizza
- Pasta & Noodles
- Others
- By Sales Channel
- Food Service
- Airport Retail
- Travel Retail
- Retail
- Online
- By Country
- Germany
- United Kingdom
- Italy
- France
- Spain
- Belgium
- Russia
- The Netherlands
- Rest of Europe
- By Product
- Market Size & Forecast, 2019–2030
- Germany Ready to Eat Food Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Sales Channel
- Market Size & Forecast, 2019–2030
- United Kingdom Ready to Eat Food Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Sales Channel
- Market Size & Forecast, 2019–2030
- Italy Ready to Eat Food Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Sales Channel
- Market Size & Forecast, 2019–2030
- France Ready to Eat Food Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Sales Channel
- Market Size & Forecast, 2019–2030
- Spain Ready to Eat Food Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Sales Channel
- Market Size & Forecast, 2019–2030
- Belgium Ready to Eat Food Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Sales Channel
- Market Size & Forecast, 2019–2030
- Russia Ready to Eat Food Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Sales Channel
- Market Size & Forecast, 2019–2030
- The Netherlands Ready to Eat Food Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Sales Channel
- Market Size & Forecast, 2019–2030
- Rest of Europe Ready to Eat Food Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Sales Channel
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- Europe Ready to Eat Food Company Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on Europe Ready to Eat Food Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- Nestlé S.A
- McCain Foods Limited
- Nomad Foods Ltd
- Premier Foods Group Limited
- Ebro Foods, S.A
- Conagra Brands, Inc
- Dr. Oetker
- Frosta AG
- The Kraft Heinz Company
- The Kellogg Company
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Europe Ready to Eat Food Segmentation
Figure 2 Europe Ready to Eat Food Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Europe Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Figure 5 Europe Ready to Eat Food Market Share, By Product, By Value, 2019–2030
Figure 6 Europe Ready to Eat Food Market Share, By Sales Channel, By Value, 2019–2030
Figure 7 Europe Ready to Eat Food Market Share, By Country, By Value, 2019–2030
Figure 8 Germany Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Figure 9 Germany Ready to Eat Food Market Share, By Product, By Value, 2019–2030
Figure 10 Germany Ready to Eat Food Market Share, By Sales Channel, By Value, 2019–2030
Figure 11 United Kingdom Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Figure 12 United Kingdom Ready to Eat Food Market Share, By Product, By Value, 2019–2030
Figure 13 United Kingdom Ready to Eat Food Market Share, By Sales Channel, By Value, 2019–2030
Figure 14 Italy Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Figure 15 Italy Ready to Eat Food Market Share, By Product, By Value, 2019–2030
Figure 16 Italy Ready to Eat Food Market Share, By Sales Channel, By Value, 2019–2030
Figure 17 France Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Figure 18 France Ready to Eat Food Market Share, By Product, By Value, 2019–2030
Figure 19 France Ready to Eat Food Market Share, By Sales Channel, By Value, 2019–2030
Figure 20 Spain Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Figure 21 Spain Ready to Eat Food Market Share, By Product, By Value, 2019–2030
Figure 22 Spain Ready to Eat Food Market Share, By Sales Channel, By Value, 2019–2030
Figure 23 Belgium Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Figure 24 Belgium Ready to Eat Food Market Share, By Product, By Value, 2019–2030
Figure 25 Belgium Ready to Eat Food Market Share, By Sales Channel, By Value, 2019–2030
Figure 26 Russia Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Figure 27 Russia Ready to Eat Food Market Share, By Product, By Value, 2019–2030
Figure 28 Russia Ready to Eat Food Market Share, By Sales Channel, By Value, 2019–2030
Figure 29 The Netherlands Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Figure 30 The Netherlands Ready to Eat Food Market Share, By Product, By Value, 2019–2030
Figure 31 The Netherlands Ready to Eat Food Market Share, By Sales Channel, By Value, 2019–2030
Figure 32 Rest of Europe Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Figure 33 Rest of Europe Ready to Eat Food Market Share, By Product, By Value, 2019–2030
Figure 34 Rest of Europe Ready to Eat Food Market Share, By Sales Channel, By Value, 2019–2030
List of Tables
Table 1 Europe Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Table 2 Europe Ready to Eat Food Market Size, By Product, By Value, 2019–2030
Table 3 Europe Ready to Eat Food Market Size, By Sales Channel, By Value, 2019–2030
Table 4 Europe Ready to Eat Food Market Size, By Country, By Value, 2019–2030
Table 5 Germany Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Table 6 Germany Ready to Eat Food Market Size, By Product, By Value, 2019–2030
Table 7 Germany Ready to Eat Food Market Size, By Sales Channel, By Value, 2019–2030
Table 8 United Kingdom Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Table 9 United Kingdom Ready to Eat Food Market Size, By Product, By Value, 2019–2030
Table 10 United Kingdom Ready to Eat Food Market Size, By Sales Channel, By Value, 2019–2030
Table 11 Italy Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Table 12 Italy Ready to Eat Food Market Size, By Product, By Value, 2019–2030
Table 13 Italy Ready to Eat Food Market Size, By Sales Channel, By Value, 2019–2030
Table 14 France Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Table 15 France Ready to Eat Food Market Size, By Product, By Value, 2019–2030
Table 16 France Ready to Eat Food Market Size, By Sales Channel, By Value, 2019–2030
Table 17 Spain Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Table 18 Spain Ready to Eat Food Market Size, By Product, By Value, 2019–2030
Table 19 Spain Ready to Eat Food Market Size, By Sales Channel, By Value, 2019–2030
Table 20 Belgium Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Table 21 Belgium Ready to Eat Food Market Size, By Product, By Value, 2019–2030
Table 22 Belgium Ready to Eat Food Market Size, By Sales Channel, By Value, 2019–2030
Table 23 Russia Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Table 24 Russia Ready to Eat Food Market Size, By Product, By Value, 2019–2030
Table 25 Russia Ready to Eat Food Market Size, By Sales Channel, By Value, 2019–2030
Table 26 The Netherlands Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Table 27 The Netherlands Ready to Eat Food Market Size, By Product, By Value, 2019–2030
Table 28 The Netherlands Ready to Eat Food Market Size, By Sales Channel, By Value, 2019–2030
Table 29 Rest of Europe Ready to Eat Food Market Size, By Value (USD Billion), 2019–2030
Table 30 Rest of Europe Ready to Eat Food Market Size, By Product, By Value, 2019–2030
Table 31 Rest of Europe Ready to Eat Food Market Size, By Sales Channel, By Value, 2019–2030
Table 32 Nestlé S.A Company Overview
Table 33 Nestlé S.A Financial Overview
Table 34 McCain Foods Limited Company Overview
Table 35 McCain Foods Limited Financial Overview
Table 36 Nomad Foods Ltd Company Overview
Table 37 Nomad Foods Ltd Financial Overview
Table 38 Premier Foods Group Limited Company Overview
Table 39 Premier Foods Group Limited Financial Overview
Table 40 Ebro Foods, S.A Company Overview
Table 41 Ebro Foods, S.A Financial Overview
Table 42 Conagra Brands, Inc Company Overview
Table 43 Conagra Brands, Inc Financial Overview
Table 44 Dr. Oetker Company Overview
Table 45 Dr. Oetker Financial Overview
Table 46 Frosta AG Company Overview
Table 47 Frosta AG Financial Overview
Table 48 The Kraft Heinz Company: Company Overview
Table 49 The Kraft Heinz Company Financial Overview
Table 50 The Kellogg Company: Company Overview
Table 51 The Kellogg Company Financial Overview
Market Segmentation
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