UK Prepared Meals

UK Prepared Meals

Summary

The UK prepared meals sector is led by the ‘ready meals’ category in both value and volume terms. However, the meal kits category is expected to register fastest value and volume growth during 2018-2023. Hypermarkets & supermarkets are the leading channel for the distribution of prepared meals products in the country. Rigid plastics is the most commonly used pack material in the sector. Kepak Group, Dr. August Oetker Kg and Princes Limited are the top three companies in the UK prepared meals sector.

GlobalData’s Country Profile report on the Prepared Meals sector in the UK provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

Scope

- The UK prepared meals sector is expected to grow at a CAGR of 2.8% by value and 0.8% by volume during 2018-2023.
- ‘Ready meals’ is the largest category in value and volume terms in the UAE prepared meals sector.
- ‘Meal kits ’ is expected to register the faster growth rate in value and volume terms during 2018-2023.
- Hypermarkets & supermarkets is the largest distribution channel.
- Kepak Group, Dr. August Oetker Kg and Princes Limited are the top three companies in the UK prepared meals sector.
- Rigid plastics is the most commonly used pack material in sector, followed by flexible packaging and rigid metal.

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 brand share analysis to plan effective market positioning
- Our team of analysts have 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 commonly 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, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.