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Europe Ready To Eat Food Market

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.

Europe Ready to Eat Food Market

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 Food Market Demand

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 Food Market Size

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.

Europe Ready to Eat Food Market Trend

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

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Europe Ready to Eat Food Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Busy Lifestyles and Time Constraints
        2. Urbanization and Nuclear Families
        3. Rising Disposable Income
      2. Restraints
        1. Health and Nutritional Concerns
        2. Sensory Experience and Taste Preferences
      3. Opportunities
        1. Growing Preference for Healthy and Nutritious Food
        2. Expansion of Retail Channels and E-commerce
      4. Challenges
        1. Price Sensitivity
        2. Food Safety and Quality Concerns
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Europe Ready to Eat Food Market: Marketing Strategies
  5. Europe Ready to Eat Food Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
        1. Dairy Products
        2. Instant Breakfast/Cereals
        3. Bakery & Confectionary
        4. Meat & Poultry
        5. Frozen Pizza
        6. Pasta & Noodles
        7. Others
      2. By Sales Channel
        1. Food Service
        2. Airport Retail
        3. Travel Retail
        4. Retail
        5. Online
      3. By Country
        1. Germany
        2. United Kingdom
        3. Italy
        4. France
        5. Spain
        6. Belgium
        7. Russia
        8. The Netherlands
        9. Rest of Europe
  6. Germany Ready to Eat Food Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Sales Channel
  7. United Kingdom Ready to Eat Food Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Sales Channel
  8. Italy Ready to Eat Food Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Sales Channel
  9. France Ready to Eat Food Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Sales Channel
  10. Spain Ready to Eat Food Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Sales Channel
  11. Belgium Ready to Eat Food Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Sales Channel
  12. Russia Ready to Eat Food Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Sales Channel
  13. The Netherlands Ready to Eat Food Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Sales Channel
  14. Rest of Europe Ready to Eat Food Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Sales Channel
  15. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Europe Ready to Eat Food Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  16. Impact of Escalating Geopolitical Tensions on Europe Ready to Eat Food Market
  17. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Nestlé S.A
    2. McCain Foods Limited
    3. Nomad Foods Ltd
    4. Premier Foods Group Limited
    5. Ebro Foods, S.A
    6. Conagra Brands, Inc
    7. Dr. Oetker
    8. Frosta AG
    9. The Kraft Heinz Company
    10. The Kellogg Company
    11. Other Prominent Players
  18. Key Strategic Recommendations
  19. Research Methodology
    1.       Qualitative Research
      1.   Primary & Secondary Research
    2.       Quantitative Research
    3.       Market Breakdown & Data Triangulation
      1.   Secondary Research
      2.   Primary Research
    4.       Breakdown of Primary Research Respondents, By Region
    5.       Assumptions & Limitations

*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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Frequently Asked Questions (FAQs):

Ans: Europe Ready to Eat (RTE) Food Market size by value was estimated at USD 88.6 billion in 2023.
Ans: Europe Ready to Eat (RTE) Food Market is expected to grow at a steady CAGR of 3.8% during the forecast period between 2024 and 2030.
Ans: By 2030, Europe Ready to Eat (RTE) Food Market size is forecast to reach a value of USD 114.9 billion.
Ans: The growth of Europe Ready to Eat (RTE) Food Market is primarily driven by growing number of single and nuclear families across the region, busier lifestyles, and an increasing preference for convenience food items.
Ans: Germany holds a major market share in Europe Ready to Eat (RTE) Food Market.
Ans: The online segment is expected to grow at the fastest CAGR in Europe Ready to Eat (RTE) Food Market during the forecast period between 2024 and 2030.
Ans: Key players 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.