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Prepared Meal Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Prepared Meal Manufacturing Market Research Report | SIC C10.850 | May 2016

Hungry for growth: Revenue is set to expand moderately as demographic trends support demand

IBISWorld’s Prepared Meal Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Bakkavor Group Bakkavor Group market share
Birds Eye Limited Birds Eye Limited market share
Northern Foods Limited Northern Foods Limited market share
Industry Statistics & Market Size
Revenue
£3bn
Annual Growth 12-17
3.3%
Annual Growth 17-22
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Profit
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Employment
17,434
Businesses
102
Industry Analysis & Industry Trends

The industry is expected to grow over the five years through 2016-17. Although economic conditions improved during the past five years, households endured spending pressures during many years on account of weak income growth. This discouraged consumers from eating meals at restaurants, which boosted demand for prepared meals. The industry also has benefited from trends towards smaller households and rising weekly hours of work, which prompted consumers to opt for time-saving and convenient food products over fresh ingredients. Developments in food science have also been advantageous, as operators have been able to produce tastier and more nutritious meals at lower costs... purchase to read more

Industry Report - Industry Analysis Chapter

The revenue of the Prepared Meal Manufacturing industry is expected to grow at a steady compound annual rate of 3.3% over the five years through 2016-17, reaching £2.6 billion. Although economic conditions have rebounded over the past five years, households endured significant spending pressures during many years of the period. This contributed to industry growth as consumers opted for cheaper prepared meals rather than going to restaurants. Furthermore, advances in technology and food science, in addition to social and demographic changes, such as the increase in the number of weekly hours worked, stimulated demand for prepared meals. How.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Prepared Meal Manufacturing Industry?

Operators in the industry manufacture meals that are preserved by being frozen, chilled or stored in airtight containers such as in cans and jars. The industry excludes foods with fewer than two distinct ingredients (not including seasoning and additives) and perishable prepared meals like salads, sandwiches and fresh pizza.

Industry Products
Chilled mealsSealed mealsFrozen meals
 
Industry Activities
Manufacturing frozen mealsManufacturing canned mealsManufacturing chilled meals


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