United States Prepared Meals Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
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The prepared meals market in the US was valued at $23.8 billion in 2021. The market is projected to grow at a CAGR of more than 4% during the forecast period. In 2021, the US prepared meals market was led by the ready meals category in value as well as volume terms. Furthermore, the ready meals category is forecasted to register the fastest value growth during 2021-2026. Hypermarkets & supermarkets were the leading channels in the distribution of prepared meals products in the country.
The US prepared meals market report provides insights on high-growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data, and companies’ market shares.
The US prepared meals market overview
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What is the city-level outlook of the US prepared meals market?
The top ten cities in the US prepared meals market are New York, Dallas, Los Angeles, Chicago, Houston, Washington, Miami, Philadelphia, Atlanta, and Phoenix. New York emerged as the largest prepared meals market in the US is 2021, followed by Los Angeles and Chicago.
Prepared meals market in the US, by cities
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What are the key categories in the US prepared meals market?
The key categories in the US prepared meals market are meal kits, pizza, and ready meals. Ready meals led the US prepared meals sector in 2021 followed by pizza and meal kits.
Meal kits market in the US
The meal kits category can be further segmented into ambient meal kits, chilled meal kits, and frozen meal kits. The frozen meal kits segment had the highest market share in the meal kits category in 2021.
Pizza market in the US
The pizza category can be further segmented into chilled pizza and frozen pizza. The frozen pizza segment had the highest market share in the pizza category in 2021.
Ready meals market in the US
The ready meals category can be further segmented into ambient ready meals, chilled ready meals, dried ready meals, and frozen ready meals. The frozen ready meals segment had the highest market share in the ready meals category in 2021.
Prepared meals market in the US, by category
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What are the key distribution channels in the US prepared meals market?
The key distribution channels in the US prepared meals market are convenience stores, hypermarkets & supermarkets, food & drinks specialists, cash & carries & warehouse clubs, e-retailers, and others. Hypermarkets & supermarkets is the leading distribution channel in the US prepared meals sector followed by convenience stores and food & drinks specialists.
Prepared meals market in the US, by distribution channel
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Which are the key companies in the US prepared meals market?
The key companies in the US prepared meals market are Nestlé, ConAgra Brands Inc, Schwan`s Consumer Brands Inc, Heinz, General Mills Inc., The Kraft Heinz Company, Bellisio Foods Inc., Amy`s Kitchen Inc., Dr. August Oetker Kg, California Pizza Kitchen Inc., Tyson Foods Inc, Private Labels, and others.
Prepared meals market in the US, by companies
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Market report scope
Market size (Year – 2021) | $23.8 billion |
Growth rate (CAGR) | >4% |
Forecast period | 2021-2026 |
Key cities | New York, Dallas, Los Angeles, Chicago, Houston, Washington, Miami, Philadelphia, Atlanta, and Phoenix |
Key categories | Meal Kits, Pizza, and Ready Meals |
Key distribution channels | Convenience Stores, Hypermarkets & Supermarkets, Food & Drinks Specialists, Cash & Carries & Warehouse Clubs, E-retailers, and Others |
Key companies | Nestlé, ConAgra Brands Inc, Schwan`s Consumer Brands Inc, Heinz, General Mills Inc., The Kraft Heinz Company, Bellisio Foods Inc., Amy`s Kitchen Inc., Dr. August Oetker Kg, California Pizza Kitchen Inc., Tyson Foods Inc, and Private Labels |
Scope
- Per capita consumption and per capita expenditure of prepared meals were higher in the US than on the global level in 2021
- The per capita consumption of ready meals was higher than other prepared meals categories in the US in 2021
- Hypermarkets & supermarkets are the leading distribution channel in the US prepared meals sector
- Private labels are growing at a higher CAGR than brands in the US prepared meals sector
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts has placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most used packaging materials in the sector
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes an economic summary of the country along with the labor market and demographic trends.
ConAgra Brands Inc
The Kraft Heinz Company
Bellisio Foods Inc.
Schwan`s Consumer Brands Inc
Unilever
General Mills Inc.
Heinz
Amy`s Kitchen Inc.
Pulmuone Co.,ltd.
Mizkan America Inc.
California Pizza Kitchen Inc.
Dr. August Oetker Kg
Table of Contents
Frequently asked questions
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What was the US prepared meals market size in 2021?
The prepared meals market size in the US was valued at $23.8 billion in 2021.
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What is the US prepared meals market growth rate?
The US prepared meals market is projected to grow at a CAGR of more than 4% during the forecast period.
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Which are the key cities in the US prepared meals market?
The top ten cities in the US prepared meals market are New York, Dallas, Los Angeles, Chicago, Houston, Washington, Miami, Philadelphia, Atlanta, and Phoenix.
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What are the key categories in the US prepared meals market?
The key categories in the US prepared meals market are meal kits, pizza, and ready meals.
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What are the key distribution channels in the US prepared meals market?
The key distribution channels in the US prepared meals market are convenience stores, hypermarkets & supermarkets, food & drinks specialists, cash & carries & warehouse clubs, e-retailers, and others.
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Which are the key companies in the US prepared meals market?
The key companies in the US prepared meals market are Nestlé, ConAgra Brands Inc, Schwan`s Consumer Brands Inc, Heinz, General Mills Inc., The Kraft Heinz Company, Bellisio Foods Inc., Amy`s Kitchen Inc., Dr. August Oetker Kg, California Pizza Kitchen Inc., Tyson Foods Inc, Private Labels, and others.
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