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According to the report by Expert Market Research (EMR), the North America ready meals market size was valued at around USD 54.49 billion in 2023. Aided by the growing demand for convenience and the increasing focus on health and wellness, the market is projected to grow at a CAGR of 4.0% between 2024 and 2032, reaching a value of nearly USD 78.23 billion by 2032.

Ready meals, also known as pre-packaged meals or prepared meals, are food items that are pre-cooked and require minimal preparation before consumption. These meals are designed for convenience, allowing individuals to have a complete meal without the need for extensive cooking. They can be found in various forms, including refrigerated, frozen, and shelf-stable options.

The North America ready meals market has been experiencing significant growth and transformation, influenced by evolving consumer preferences, technological advancements, and the increasing demand for convenience. Ready meals, which include frozen, chilled, and shelf-stable products, have become a staple in many households across North America due to their convenience, variety, and time-saving attributes.

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One of the most prominent trends in the North America ready meals market is the increasing demand for convenience among consumers. Individuals’ fast-paced lifestyles and busy schedules, particularly in urban areas, have led to a growing preference for ready-to-eat meals requiring minimal preparation time.

Working professionals, students, and even families are seeking quick and easy meal solutions that fit into their hectic routines. Ready meals offer the perfect solution, providing a variety of options that cater to different tastes and dietary preferences. This trend is further supported by the rise of single-person households, where the need for portion-controlled, single-serve meals is high.

Health and wellness trends are also significantly impacting the ready meals market in North America development. Consumers are becoming increasingly health-conscious and are seeking ready meals that align with their dietary preferences and nutritional requirements. There is a growing demand for meals that are low in calories, sugar, and sodium, as well as those that are high in protein, fibre, and essential nutrients.

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Additionally, the market is witnessing a surge in demand for organic, non-GMO, and clean-label products. Manufacturers are responding to this trend by offering ready meals that cater to various dietary needs, including vegetarian, vegan, gluten-free, and keto-friendly options. The emphasis on transparency and clean labels, with clear ingredient lists and nutritional information, is becoming a key factor in product differentiation and consumer choice.

The influence of global cuisines on the North America ready meals market is another noteworthy trend. Consumers are increasingly adventurous and willing to explore a variety of international flavours and dishes. This has led to the introduction of a wide range of ethnic ready meals, including Asian, Mediterranean, Mexican, and Indian cuisines. The availability of diverse and exotic meal options is appealing to consumers who are looking to experience new flavours and culinary experiences without the need to prepare these dishes from scratch. The fusion of traditional and contemporary flavours in ready meals is also gaining popularity, catering to the diverse palate of North American consumers.

Technological advancements in food processing and packaging are playing a crucial role in the North America ready meals market expansion. Innovations in packaging, such as vacuum sealing, modified atmosphere packaging, and microwaveable containers, are improving the shelf life, safety, and convenience of ready meals. These advancements ensure that meals retain their freshness, flavour, and nutritional value over extended periods.

Additionally, the use of advanced food processing techniques, such as high-pressure processing (HPP) and sous-vide cooking, is enhancing the quality and taste of ready meals. These technologies allow for the preparation of high-quality meals that can be stored and reheated without compromising on taste and texture.

Sustainability is becoming a critical consideration for both manufacturers and consumers in the North America ready meals market. The growing awareness of environmental issues and the impact of plastic waste is driving the demand for sustainable packaging solutions. Consumers are increasingly favouring products with eco-friendly packaging made from recyclable, biodegradable, or compostable materials.

Manufacturers are investing in sustainable packaging technologies to meet consumer expectations and regulatory requirements. Additionally, the focus on reducing food waste through efficient production and distribution processes is gaining importance, with companies striving to minimise their environmental footprint.

The North America ready meals market is also witnessing a rise in premium and gourmet ready meals, catering to consumers who are willing to pay a premium for high-quality, restaurant-style meals at home. These products often feature high-end ingredients, artisanal preparation methods, and innovative recipes.

The trend towards premiumisation is driven by the growing disposable income of consumers and their desire for indulgent and sophisticated meal options that provide a gourmet experience. The availability of premium ready meals is expanding beyond traditional retail channels to include direct-to-consumer (DTC) platforms and subscription-based meal delivery services.

Market Segmentation

The North America ready meals market can be divided based on product type, distribution channel, and country.

Market Breakup by Product Type

• Frozen Ready Meals
• Canned Ready Meals
• Dried Read Meals

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets
• Convenience Stores and Grocery Stores
• Online
• Others

Market Breakup by Country

• United States of America
• Canada

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the North America ready meals market. Some of the major players explored in the report by Expert Market Research are as follows:

• Mars, Incorporated
• Conagra Brands, Inc.
• Nestlé SA
• The Kraft Heinz Company
• Campbell Soup Company
• Unilever plc
• General Mills Inc.
• Tyson Foods, Inc.
• B&G Foods, Inc.
• Ajinomoto Co., Inc.
• Others

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