FDBusiness.com

Busy Lifestyles Drive Growth in the Prepared Meals Sector in France

 Breaking News
  • HKScan Strengthens its Meals Offering With Investment in Estonia HKScan, the leading Nordic food company, plans to invest in its Rakvere unit in Estonia. The €8 million investment will go towards modernising the unit’s frying department, including the expansion of the building and the installation of new cooking and packaging lines enabling implementation of new technologies and packaging solutions. Construction is to commence in [...]...
  • Food and Drink is at the Heart of the UK’s Largest Packaging Show Packaging Innovations, Empack and Label&Print returns to Birmingham’s NEC on 28 February-1 March 2018, and is set to be the most innovative show to date. With over 290 exhibitors already signed up, the UK’s largest annual event for the entire packaging supply chain will feature the latest industry innovations and technologies, alongside a major free-to-attend [...]...
  • AGRO Merchants Group Acquires Grocontinental AGRO Merchants Group, a global leader in cold storage and logistics solutions, announced today the acquisition of UK-based Grocontinental Limited. This transaction reinforces AGRO’s position as the leading cold storage and logistics provider in the United Kingdom and Ireland, deepens its commodity expertise, and substantially enhances its value-added service offerings for customers. David Grocott and Linda Grocott, third generation owners of [...]...
  • Trade Fair and More – The Event and Congress Programme For Anuga FoodTec 2018 Resource efficiency will be the primary focus of Anuga FoodTec 2018, the leading international supplier fair for the food and beverage industry, which will be held in Cologne, Germany from 20 to 23 March 2018. Around 1,700 suppliers from more than 50 countries will be presenting their new products for the production and packing of [...]...
  • TINE to Invest €77 Million in New Jarlsberg Plant in Ireland TINE, Norway’s largest farmer-owned dairy co-operative, is to invest €77 million in a dairy with the capacity to produce 20,000 tonnes of Jarlsberg cheese a year. The goal is to secure and strengthen Jarlsberg sales outside of Norway as export supports are phased out in 2020. This will make export of Jarlsberg from Norway unprofitable. “Jarlsberg [...]...

Busy Lifestyles Drive Growth in the Prepared Meals Sector in France

Busy Lifestyles Drive Growth in the Prepared Meals Sector in France
July 05
11:15 2013

Ready meals are expected to dominate the prepared meals sector in France up to 2017, according to Canadean. The hectic pace of modern life has led consumers to value practicality and convenience in their daily food choices.

Despite a weak global economy, the prepared meals sector is one of the top five food sectors in France both by value and volume. The sector is expected to grow rapidly, at a CAGR of 3.64% by value and a CAGR of 3.31% by volume up to 2017.

The category is led by ready meals which took the highest share of value and volume in 2012. This trend is expected to continue up to 2017. According to Canadean, the share of ready meals in the prepared meals sector will rise to 77.6% in value and 77.3% in volume respectively up to 2017. A CAGR of 3.86% by value and 3.52% by volume is also predicted.

Pizza comes in second in the prepared meals sector but falls far behind with an expected share of 20.8% by value and a CAGR of 2.92% up to 2017. Share of volume is predicted at 21.5%, growing at a CAGR of 2.61%.

The meal kits category is the smallest in the sector both by value and volume. The share of value is expected to grow at a CAGR of 3.15% and 2.61% in terms of volume up to 2017. Even with these growth rates, the share of value and volume for the meal kits category continues to be minimal.

Hypermarkets and supermarkets have held the majority share for market value by distribution channel up to 2012. This trend is expected to continue up to 2017. Cash & carries and warehouse clubs are also gaining share recently, and have the fastest growth in the sector. Despite this, they fall far behind hypermarkets and supermarkets which remain the most popular channel for prepared meals.

The Canadean report; ‘The Future of the Prepared Meals Market in France to 2017’ was published in July 2013.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 8, 2018RAI Exhibition
  • January 16, 2018Sival Plant Production Trade Show
  • January 17, 2018Dutch Organic Trade Fair
  • January 17, 2018Anfas Food Product
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements