Microwavable Foods Market – Industry Analysis and Forecast (2023-2029) – By Product, Packaging Technology, and Region


Microwavable Foods Market size is expected to reach nearly US$ 179.21 Bn by 2029 with the CAGR of 4.8% during the forecast period.

The factors like growing disposable income, the rise in the standard of living, a growing number of large retail and fast food chains, rising urban population, an increase in the number of working women in the corporate industries are driving the global microwavable foods market. Food packaging is very important which ensures that the food remains fresh for cooking, even after a few days. Furthermore, busy life schedule and odd work timings of corporate work culture in the metropolitan cities have stipulated the people to choose for ready-to-eat foods. Microwavable foods can help them to fulfil their demand for good and healthy food along with ease of preparation.Microwavable-Foods-MarketTo know about the Research Methodology   :- Request Free Sample Report

Developing countries like India and China, have led to a high demand for microwavable food. An increase in disposable income and a rise in the standard of living have led to changes in the dietary preferences of consumers in these regions during the forecast period. This, in turn, has led to increasing demand for shelf stable, chilled, and frozen food, drive the growth of the microwavable foods market. The rapid increase in the number of large retail chains, including hypermarkets and supermarkets, fuels the demand for microwavable foods. Additionally, continuous innovation and development in the packaging of microwavable food items attract the customer and hence drives the overall growth of the market. At the same time, consumers' negative perceptions related to nutritional content in microwavable foods may hamper market growth. Advancements in freezing technologies and the presence of a large number of fast food outlets in emerging economies are expected to provide lucrative opportunities for the market players.

The global microwavable foods market is classified based on the product, packaging technology, and geography. Based on the product, the microwavable foods market is divided into shelf-stable microwavable food, frozen food, and chilled food. The frozen food segment dominates the global microwavable foods market because of the growing demand from the consumers. The consumers always prefer healthier, easy to cook and easy to digest the meal, which is satisfied with frozen microwavable foods. Freezing the food can be helpful in order to keep its essential nutrients.

Based on region, North America and Europe is expected to hold the largest share of the market in global microwavable foods market during the forecast period, the large share can be attributed to well-established retail food chain infrastructure, rising disposable income and a growing number of people working and living in metro cities. However, the Asia-Pacific region is expected to grow at the highest CAGR in the market. The rising population in metro cities and rising disposable income are some of the major factors driving the Asia-Pacific microwavable foods market.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the Microwavable Foods Market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Microwavable Foods Market.

Microwavable Foods Market Scope: Inquire before buying






Global Microwavable Foods Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2018 to 2022
Market Size in 2022:
US $ 129.07 Bn.




Forecast Period 2023 to 2029 CAGR:
4.8%
Market Size in 2029:
US $ 179.21 Bn.




 Segments Covered:
by Product
Shelf Stable Microwavable Food
Chilled Food
Frozen Food




by Packaging Technology
Patterned Susceptors Technology
New Tray-lidding Methods
New Cook Bag Technique






Microwavable Foods Market, by Region:

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

Microwavable Foods Market Key Players are:

1.Campbell Soup Company
2.Beech-Nut Nutrition Corporation
3.Kellogg Company
4.ConAgra Foods Inc.
5.Kraft Foods Inc.
6.McCain Foods
7.Pinnacle Foods Group LLC
8.Bellisio Foods Inc.
9.General Mills Inc.
10.Nestle SA.
11.Ajinomoto Co, Inc
12.Unilever Plc
13.The Kraft Heinz Company
14.Birds Eye Group, Inc.
15.Dawn Farm Foods Limited
16.BRF S.A.
17.Gunner Dafgard AB
18.Hormel Foods Coproration
19.Itoham Foods

Frequently Asked Questions:

1. Which region has the largest share in Global Microwavable Foods Market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global Microwavable Foods Market?
Ans: The Global market is growing at a CAGR of 4.8% during forecasting period 2023-2029.

3. What is scope of the Global Microwavable Foods market report?
Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Microwavable Foods market?
Ans: The important key players in the Global market are – Campbell Soup Company, Beech-Nut Nutrition Corporation, Kellogg Company, ConAgra Foods Inc., Kraft Foods Inc., McCain Foods, Pinnacle Foods Group LLC, Bellisio Foods Inc., General Mills Inc., Nestle SA., Ajinomoto Co, Inc, Unilever Plc, The Kraft Heinz Company, Birds Eye Group, Inc., Dawn Farm Foods Limited, BRF S.A., Gunner Dafgard AB, Hormel Foods Coproration, and Itoham Foods

5. What is the study period of this market?
Ans: The Global Microwavable Foods Market is studied from 2022 to 2029. 





Table of Content

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary : Global Microwavable Foods Market, by Market Value (US$ Bn) and Volume(Ton)

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends in Global Microwavable Foods Market and Emerging Technologies

5. Supply Side and Demand Side Indicators

6. Global Microwavable Foods Market Analysis and Forecast
6.1. Global Microwavable Foods Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

7. Global Microwavable Foods Market Analysis and Forecast, By Product
7.1. Introduction and Definition
7.2. Key Findings
7.3. Global Microwavable Foods Market Value Share Analysis, By Product
7.4. Global Microwavable Foods Market Size (US$ Bn) Forecast, By Product
7.5. Global Microwavable Foods Market Analysis, By Product
7.6. Global Microwavable Foods Market Attractiveness Analysis, By Product

8. Global Microwavable Foods Market Analysis and Forecast, By Packaging Technology
8.1. Introduction and Definition
8.2. Key Findings
8.3. Global Microwavable Foods Market Value Share Analysis, By Packaging Technology
8.4. Global Microwavable Foods Market Size (US$ Bn) Forecast, By Packaging Technology
8.5. Global Microwavable Foods Market Analysis, By Packaging Technology
8.6. Global Microwavable Foods Market Attractiveness Analysis, By Packaging Technology

9. Global Microwavable Foods Market Analysis, by Region
9.1. Global Microwavable Foods Market Value Share Analysis, by Region
9.2. Global Microwavable Foods Market Size (US$ Bn) Forecast, by Region
9.3. Global Microwavable Foods Market Attractiveness Analysis, by Region

10. North America Microwavable Foods Market Analysis
10.1. Key Findings
10.2. North America Microwavable Foods Market Overview
10.3. North America Microwavable Foods Market Value Share Analysis, By Product
10.4. North America Microwavable Foods Market Forecast, By Product
10.4.1. Non-Biodegradable plastics
10.4.2. Biodegradable plastics
10.5. North America Microwavable Foods Market Value Share Analysis, By Packaging Technology
10.6. North America Microwavable Foods Market Forecast, By Packaging Technology
10.6.1. Patterned Susceptors Technology
10.6.2. New Tray-lidding Methods
10.6.3. New Cook Bag Technique
10.7. North America Microwavable Foods Market Value Share Analysis, by Country
10.8. North America Microwavable Foods Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Microwavable Foods Market Analysis, by Country
10.10. U.S. Microwavable Foods Market Forecast, By Product
10.10.1. Shelf Stable Microwavable Food
10.10.2. Chilled Food
10.10.3. Frozen Food
10.11. U.S. Microwavable Foods Market Forecast, By Packaging Technology
10.11.1. Patterned Susceptors Technology
10.11.2. New Tray-lidding Methods
10.11.3. New Cook Bag Technique
10.12. Canada Microwavable Foods Market Forecast, By Product
10.12.1. Shelf Stable Microwavable Food
10.12.2. Chilled Food
10.12.3. Frozen Food
10.13. Canada Microwavable Foods Market Forecast, By Packaging Technology
10.13.1. Patterned Susceptors Technology
10.13.2. New Tray-lidding Methods
10.13.3. New Cook Bag Technique
10.14. North America Microwavable Foods Market Attractiveness Analysis
10.14.1. By Product
10.14.2. By Packaging Technology
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Development

11. Europe Microwavable Foods Market Analysis
11.1. Key Findings
11.2. Europe Microwavable Foods Market Overview
11.3. Europe Microwavable Foods Market Value Share Analysis, By Product
11.4. Europe Microwavable Foods Market Forecast, By Product
11.4.1. Shelf Stable Microwavable Food
11.4.2. Chilled Food
11.4.3. Frozen Food
11.5. Europe Microwavable Foods Market Value Share Analysis, By Packaging Technology
11.6. Europe Microwavable Foods Market Forecast, By Packaging Technology
11.6.1. Patterned Susceptors Technology
11.6.2. New Tray-lidding Methods
11.6.3. New Cook Bag Technique
11.7. Europe Microwavable Foods Market Value Share Analysis, by Country
11.8. Europe Microwavable Foods Market Forecast, by Country
11.8.1. Germany
11.8.2. U.K.
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Rest of Europe
11.9. Europe Microwavable Foods Market Analysis, by Country
11.10. Germany Microwavable Foods Market Forecast, By Product
11.10.1. Shelf Stable Microwavable Food
11.10.2. Chilled Food
11.10.3. Frozen Food
11.11. Germany Microwavable Foods Market Forecast, By Packaging Technology
11.11.1. Patterned Susceptors Technology
11.11.2. New Tray-lidding Methods
11.11.3. New Cook Bag Technique
11.12. U.K. Microwavable Foods Market Forecast, By Product
11.12.1. Shelf Stable Microwavable Food
11.12.2. Chilled Food
11.12.3. Frozen Food
11.13. U.K. Microwavable Foods Market Forecast, By Packaging Technology
11.13.1. Patterned Susceptors Technology
11.13.2. New Tray-lidding Methods
11.13.3. New Cook Bag Technique
11.14. France Microwavable Foods Market Forecast, By Product
11.14.1. Shelf Stable Microwavable Food
11.14.2. Chilled Food
11.14.3. Frozen Food
11.15. France Microwavable Foods Market Forecast, By Packaging Technology
11.15.1. Patterned Susceptors Technology
11.15.2. New Tray-lidding Methods
11.15.3. New Cook Bag Technique
11.16. Italy Microwavable Foods Market Forecast, By Product
11.16.1. Shelf Stable Microwavable Food
11.16.2. Chilled Food
11.16.3. Frozen Food
11.17. Italy Microwavable Foods Market Forecast, By Packaging Technology
11.17.1. Patterned Susceptors Technology
11.17.2. New Tray-lidding Methods
11.17.3. New Cook Bag Technique
11.18. Spain Microwavable Foods Market Forecast, By Product
11.18.1. Shelf Stable Microwavable Food
11.18.2. Chilled Food
11.18.3. Frozen Food
11.19. Spain Microwavable Foods Market Forecast, By Packaging Technology
11.19.1. Patterned Susceptors Technology
11.19.2. New Tray-lidding Methods
11.19.3. New Cook Bag Technique
11.20. Rest of Europe Microwavable Foods Market Forecast, By Product
11.20.1. Shelf Stable Microwavable Food
11.20.2. Chilled Food
11.20.3. Frozen Food
11.21. Rest of Europe Microwavable Foods Market Forecast, By Packaging Technology
11.21.1. Patterned Susceptors Technology
11.21.2. New Tray-lidding Methods
11.21.3. New Cook Bag Technique
11.22. Europe Microwavable Foods Market Attractiveness Analysis
11.22.1. By Product
11.22.2. By Packaging Technology
11.23. PEST Analysis
11.24. Key Trends
11.25. Key Development

12. Asia Pacific Microwavable Foods Market Analysis
12.1. Key Findings
12.2. Asia Pacific Microwavable Foods Market Overview
12.3. Asia Pacific Microwavable Foods Market Value Share Analysis, By Product
12.4. Asia Pacific Microwavable Foods Market Forecast, By Product
12.4.1. Shelf Stable Microwavable Food
12.4.2. Chilled Food
12.4.3. Frozen Food
12.5. Asia Pacific Microwavable Foods Market Value Share Analysis, By Packaging Technology
12.6. Asia Pacific Microwavable Foods Market Forecast, By Packaging Technology
12.6.1. Patterned Susceptors Technology
12.6.2. New Tray-lidding Methods
12.6.3. New Cook Bag Technique
12.7. Asia Pacific Microwavable Foods Market Value Share Analysis, by Country
12.8. Asia Pacific Microwavable Foods Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. ASEAN
12.8.5. Rest of Asia Pacific
12.9. Asia Pacific Microwavable Foods Market Analysis, by Country
12.10. China Microwavable Foods Market Forecast, By Product
12.10.1. Shelf Stable Microwavable Food
12.10.2. Chilled Food
12.10.3. Frozen Food
12.11. China Microwavable Foods Market Forecast, By Packaging Technology
12.11.1. Patterned Susceptors Technology
12.11.2. New Tray-lidding Methods
12.11.3. New Cook Bag Technique
12.12. India Microwavable Foods Market Forecast, By Product
12.12.1. Shelf Stable Microwavable Food
12.12.2. Chilled Food
12.12.3. Frozen Food
12.13. India Microwavable Foods Market Forecast, By Packaging Technology
12.13.1. Patterned Susceptors Technology
12.13.2. New Tray-lidding Methods
12.13.3. New Cook Bag Technique
12.14. Japan Microwavable Foods Market Forecast, By Product
12.14.1. Shelf Stable Microwavable Food
12.14.2. Chilled Food
12.14.3. Frozen Food
12.15. Japan Microwavable Foods Market Forecast, By Packaging Technology
12.15.1. Patterned Susceptors Technology
12.15.2. New Tray-lidding Methods
12.15.3. New Cook Bag Technique
12.16. ASEAN Microwavable Foods Market Forecast, By Product
12.16.1. Shelf Stable Microwavable Food
12.16.2. Chilled Food
12.16.3. Frozen Food
12.17. ASEAN Microwavable Foods Market Forecast, By Packaging Technology
12.17.1. Patterned Susceptors Technology
12.17.2. New Tray-lidding Methods
12.17.3. New Cook Bag Technique
12.18. Rest of Asia Pacific Microwavable Foods Market Forecast, By Product
12.18.1. Shelf Stable Microwavable Food
12.18.2. Chilled Food
12.18.3. Frozen Food
12.19. Rest of Asia Pacific Microwavable Foods Market Forecast, By Packaging Technology
12.19.1. Patterned Susceptors Technology
12.19.2. New Tray-lidding Methods
12.19.3. New Cook Bag Technique
12.20. Asia Pacific Microwavable Foods Market Attractiveness Analysis
12.20.1. By Product
12.20.2. By Packaging Technology
12.21. PEST Analysis
12.22. Key Trends
12.23. Key Development

13. Middle East & Africa Microwavable Foods Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Microwavable Foods Market Overview
13.3. Middle East & Africa Microwavable Foods Market Value Share Analysis, By Product
13.4. Middle East & Africa Microwavable Foods Market Forecast, By Product
13.4.1. Shelf Stable Microwavable Food
13.4.2. Chilled Food
13.4.3. Frozen Food
13.5. Middle East & Africa Microwavable Foods Market Value Share Analysis, By Packaging Technology
13.6. Middle East & Africa Microwavable Foods Market Forecast, By Packaging Technology
13.6.1. Patterned Susceptors Technology
13.6.2. New Tray-lidding Methods
13.6.3. New Cook Bag Technique
13.7. Middle East & Africa Microwavable Foods Market Value Share Analysis, by Country
13.8. Middle East & Africa Microwavable Foods Market Forecast, by Country
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Middle East & Africa Microwavable Foods Market Analysis, by Country
13.10. GCC Microwavable Foods Market Forecast, By Product
13.10.1. Shelf Stable Microwavable Food
13.10.2. Chilled Food
13.10.3. Frozen Food
13.11. GCC Microwavable Foods Market Forecast, By Packaging Technology
13.11.1. Patterned Susceptors Technology
13.11.2. New Tray-lidding Methods
13.11.3. New Cook Bag Technique
13.12. South Africa Microwavable Foods Market Forecast, By Product
13.12.1. Shelf Stable Microwavable Food
13.12.2. Chilled Food
13.12.3. Frozen Food
13.13. South Africa Microwavable Foods Market Forecast, By Packaging Technology
13.13.1. Patterned Susceptors Technology
13.13.2. New Tray-lidding Methods
13.13.3. New Cook Bag Technique
13.14. Rest of Middle East & Africa Microwavable Foods Market Forecast, By Product
13.14.1. Shelf Stable Microwavable Food
13.14.2. Chilled Food
13.14.3. Frozen Food
13.15. Rest of Middle East & Africa Microwavable Foods Market Forecast, By Packaging Technology
13.15.1. Patterned Susceptors Technology
13.15.2. New Tray-lidding Methods
13.15.3. New Cook Bag Technique
13.16. Middle East & Africa Microwavable Foods Market Attractiveness Analysis
13.16.1. By Product
13.16.2. By Packaging Technology
13.17. PEST Analysis
13.18. Key Trends
13.19. Key Development

14. South America Microwavable Foods Market Analysis
14.1. Key Findings
14.2. South America Microwavable Foods Market Overview
14.3. South America Microwavable Foods Market Value Share Analysis, By Product
14.4. South America Microwavable Foods Market Forecast, By Product
14.4.1. Shelf Stable Microwavable Food
14.4.2. Chilled Food
14.4.3. Frozen Food
14.5. South America Microwavable Foods Market Value Share Analysis, By Packaging Technology
14.6. South America Microwavable Foods Market Forecast, By Packaging Technology
14.6.1. Patterned Susceptors Technology
14.6.2. New Tray-lidding Methods
14.6.3. New Cook Bag Technique
14.7. South America Microwavable Foods Market Value Share Analysis, by Country
14.8. South America Microwavable Foods Market Forecast, by Country
14.8.1. Brazil
14.8.2. Mexico
14.8.3. Rest of South America
14.9. South America Microwavable Foods Market Analysis, by Country
14.10. Brazil Microwavable Foods Market Forecast, By Product
14.10.1. Shelf Stable Microwavable Food
14.10.2. Chilled Food
14.10.3. Frozen Food
14.11. Brazil Microwavable Foods Market Forecast, By Packaging Technology
14.11.1. Patterned Susceptors Technology
14.11.2. New Tray-lidding Methods
14.11.3. New Cook Bag Technique
14.12. Mexico Microwavable Foods Market Forecast, By Product
14.12.1. Shelf Stable Microwavable Food
14.12.2. Chilled Food
14.12.3. Frozen Food
14.13. Mexico Microwavable Foods Market Forecast, By Packaging Technology
14.13.1. Patterned Susceptors Technology
14.13.2. New Tray-lidding Methods
14.13.3. New Cook Bag Technique
14.14. Rest of South America Microwavable Foods Market Forecast, By Product
14.14.1. Shelf Stable Microwavable Food
14.14.2. Chilled Food
14.14.3. Frozen Food
14.15. Rest of South America Microwavable Foods Market Forecast, By Packaging Technology
14.15.1. Patterned Susceptors Technology
14.15.2. New Tray-lidding Methods
14.15.3. New Cook Bag Technique
14.16. South America Microwavable Foods Market Attractiveness Analysis
14.16.1. By Product
14.16.2. By Packaging Technology
14.17. PEST Analysis
14.18. Key Trends
14.19. Key Development

15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Market Consolidation
15.2.3.1. M&A by Regions, Investment and Applications
15.2.3.2. M&A Key Players, Forward Integration and Backward
Integration
15.3. Company Profiles: Key Players
15.3.1. Campbell Soup Company
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Business Strategy
15.3.1.5. Recent Developments
15.3.1.6. Company Footprint
15.3.2. Beech-Nut Nutrition Corporation
15.3.3. Kellogg Company
15.3.4. ConAgra Foods Inc.
15.3.5. Kraft Foods Inc.
15.3.6. McCain Foods
15.3.7. Pinnacle Foods Group LLC
15.3.8. Bellisio Foods Inc.
15.3.9. General Mills Inc.
15.3.10. Nestle SA.
15.3.11. Ajinomoto Co, Inc
15.3.12. Unilever Plc
15.3.13. The Kraft Heinz Company
15.3.14. Birds Eye Group, Inc.
15.3.15. Dawn Farm Foods Limited
15.3.16. BRF S.A.
15.3.17. Gunner Dafgard AB
15.3.18. Hormel Foods Coproration
15.3.19. Itoham Foods

16. Primary Key Insights
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