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Date Submitted: 01/28/2016 01:39 AM
Researchmoz added Most up-to-date research on "Consumer and Market Insights: Prepared Meals Market in the US" to its huge collection of research reports.
The US is the largest Prepared Meals market in the world, and continues to increase, with expected growth at a CAGR of 2.1% from 2014-2019. This growth is driven by rising consumption rates amongst affluent US consumers, and women in particular, due to their busy lifestyles that limit the time free for cooking from scratch. The market has seen innovative new product developments targeting evolving shopping behaviors, to maintain and grow market share.
Key Findings
The US is the largest Prepared Meals market in volume terms
Ready Meals is the biggest segment of the Prepared Meals market
Busier schedules are making consumers more dependent on convenient food
Changing household structures means meal times have become more fragmented
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Synopsis
The Consumer and Market Insights: Prepared Meals Market in the US report identifies the key demographic groups driving consumption, and what motivates their consumption, combined with an in-depth study of the market and category dynamics, to identify key opportunities, and how to target them. The report uses a unique method of quantifying consumer trends. It also highlights the degree that influence trends have on consumption and shows whether beliefs over what influences consumer behavior are accurate.
What else does this report offer?
Figures that showcase the number of times consumers of different age groups and gender consume Prepared Meals, as well as identifying whether these demographic groups ""over"" consume (i.e. they account for a higher proportion of occasions than the proportion of society they represent overall)
A study of market value and volumes from 2009–2019, supplemented with category, brand, and packaging analysis that shows the current...