Summary
Prepared Meals in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The Prepared meals market consists of the retail sale of ready meals, chilled & frozen pizzas and meal kits, which only require heating before serving or provided with prepared ingredients which are then combined to an individual's preference when being cooked. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
- The UK Prepared Meals market had total revenues of $7,303.9 million in 2022, representing a compound annual growth rate (CAGR) of 4.9% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 2.1% between 2017 and 2022, to reach a total of 830.4 million kilograms in 2022.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 2.6% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $8,310.0 million by the end of 2027.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the prepared meals market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the prepared meals market in the United Kingdom
- Leading company profiles reveal details of key prepared meals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom prepared meals market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the United Kingdom prepared meals market by value in 2022?
- What will be the size of the United Kingdom prepared meals market in 2027?
- What factors are affecting the strength of competition in the United Kingdom prepared meals market?
- How has the market performed over the last five years?
- Who are the top competitors in the United Kingdom's prepared meals market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the UK prepared meals market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
7.4. Which companies market shares have suffered in the last 5 years (2017-2022)?
7.5. What are the most popular brands in the UK prepared meals market?
8 Company Profiles
8.1. Kepak Group
8.2. Dr. August Oetker KG
8.3. Princes Limited
8.4. Nomad Foods Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United Kingdom prepared meals market value: $ million, 2017–22
Table 2: United Kingdom prepared meals market volume: million kilograms, 2017–22
Table 3: United Kingdom prepared meals market category segmentation: % share, by value, 2017–2022
Table 4: United Kingdom prepared meals market category segmentation: $ million, 2017-2022
Table 5: United Kingdom prepared meals market geography segmentation: $ million, 2022
Table 6: United Kingdom prepared meals market distribution: % share, by value, 2022
Table 7: United Kingdom prepared meals market value forecast: $ million, 2022–27
Table 8: United Kingdom prepared meals market volume forecast: million kilograms, 2022–27
Table 9: United Kingdom prepared meals market share: % share, by value, 2022
Table 10: Kepak Group: key facts
Table 11: Kepak Group: Key Employees
Table 12: Dr. August Oetker KG: key facts
Table 13: Dr. August Oetker KG: Key Employees
Table 14: Princes Limited: key facts
Table 15: Princes Limited: Key Employees
Table 16: Nomad Foods Ltd: key facts
Table 17: Nomad Foods Ltd: Annual Financial Ratios
Table 18: Nomad Foods Ltd: Key Employees
Table 19: United Kingdom size of population (million), 2018–22
Table 20: United Kingdom gdp (constant 2005 prices, $ billion), 2018–22
Table 21: United Kingdom gdp (current prices, $ billion), 2018–22
Table 22: United Kingdom inflation, 2018–22
Table 23: United Kingdom consumer price index (absolute), 2018–22
Table 24: United Kingdom exchange rate, 2018–22
List of Figures
Figure 1: United Kingdom prepared meals market value: $ million, 2017–22
Figure 2: United Kingdom prepared meals market volume: million kilograms, 2017–22
Figure 3: United Kingdom prepared meals market category segmentation: $ million, 2017-2022
Figure 4: United Kingdom prepared meals market geography segmentation: % share, by value, 2022
Figure 5: United Kingdom prepared meals market distribution: % share, by value, 2022
Figure 6: United Kingdom prepared meals market value forecast: $ million, 2022–27
Figure 7: United Kingdom prepared meals market volume forecast: million kilograms, 2022–27
Figure 8: Forces driving competition in the prepared meals market in the United Kingdom, 2022
Figure 9: Drivers of buyer power in the prepared meals market in the United Kingdom, 2022
Figure 10: Drivers of supplier power in the prepared meals market in the United Kingdom, 2022
Figure 11: Factors influencing the likelihood of new entrants in the prepared meals market in the United Kingdom, 2022
Figure 12: Factors influencing the threat of substitutes in the prepared meals market in the United Kingdom, 2022
Figure 13: Drivers of degree of rivalry in the prepared meals market in the United Kingdom, 2022
Figure 14: United Kingdom prepared meals market share: % share, by value, 2022
