Consumers’ On-the-go Requirements Surge; Ready-to-eat Food Products Lead as Preferred Foods, FMI Unveils – Keep Facts

VALLEY COTTAGE, New York, March 26, 2019 /MARKITWIRED/ — The transforming consumption habits coupled with busy and fast-paced lifestyles of modern consumers has brought about significant transformations in the food sector. Given the increasing shift towards packaged foods and portioned meals, food providers are majorly emphasizing on providing ready-to-eat food products to the market, considering the increasing consumer shift. Available in various forms such as frozen foods, processed foods, and others, the ready-to-eat food products gain major momentum over time. The increasing preference for healthy and convenient foods along with the growing demand for fried products and snacks are expected to contribute to the increasing demand for convenience foods. A t on the compiled by the expert analysts at Future Market Insights uncovers more such valued insights that help gain a future glance of the ready-to-eat food products market.

Key Trends Fueling Demand for Ready-to-eat
Food Products

The research study further
asserts that key trends that are driving the overall ready-to-eat food products
market include the food-to-go and grab-and-go meal trends. Key providers of
ready-to-eat food products are incorporating new ways to introduce ready-to-eat
food products to the market. The FMI study further states that companies
operating in the ready-to-eat food products market such as Gits Foods are
looking to expand their market presence by strengthening their hold in
lucrative segments such as ready-to-eat food products and ready-to-cook foods. Another
Indian company, Parag Milk Foods also launched its two ready-to-eat Indian
desserts, with an aim to strengthen its offerings in the value-added products
category.

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“The demand for frozen foods is expected to
witness a significant rise. Retailers such as Wild Fork Foods opened new
outlets exclusively for the frozen foods sale. Similar other developments are
witnessed across the ready-to-eat food products market with an aim to leverage
the profitability associated with the frozen foods segment,” Senior
Analyst, Future Market Insights.

Bulling on the future scope of
the ready-to-eat food products market, the FMI study projects a substantial
rise in the production of the ready-to-eat food products. Convenience foods
amongst the various ready-to-eat food products are expected to gain significant
popularity among consumers.

Convenience Foods Garnering Major Consumer
Attraction, Unveils FMI

The is projected to register significant growth over
time with favorable consumer preference towards convenience foods. Exhibiting a
robust growth rate, the convenience foods market is expected to offer major
growth opportunities for the companies operating in the convenience foods
market. Consumers are majorly opting for convenience foods as they help save up
on time and energy required to prepare the food. The increasing purchasing
power of modern consumers remains a major factor that is expected to drive the
growth of the convenience

The convenience foods market is further fostered by increasing technological advancements witnessed in the food packaging sector. The fast-paced growth attained by the food service industry in the developing economies is also expected to fuel the demand for ready-to-eat convenience foods and snacks such bakery products, potato fries, and meat products. Although these factors contribute to a significant growth of the market, certain restraining factors are expected to impact the overall market expansion. The lack of storage for frozen foods category of convenience foods witnessed in the developing economies is expected to hold back the overall growth of the market.

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About Us

Future Market Insights (FMI) is a leading
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reports, custom research reports and consulting services which are personalized
in nature. FMI delivers a complete packaged solution, which combines current
market intelligence, statistical anecdotes, technology inputs, valuable growth
insights and an aerial view of the competitive framework and future market trends.

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