United Kingdom (UK) Prepared Meals Market Summary, Competitive Analysis and Forecast, 2017-2026

Abstract

Summary

Prepared Meals in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). 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, pizzas, and meal kits. Ready meals include all types of complete meals which only require heating before serving. Pizza includes both frozen and chilled pizza. Meal kits are products which provide 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 2021 exchange rates.
- The UK Prepared Meals market had total revenues of $7,528.5m in 2021, representing a compound annual growth rate (CAGR) of 4% between 2016 and 2021.
- Market consumption volume increased with a CAGR of 2% between 2016 and 2021, to reach a total of 815.8 million kg in 2021.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.6% for the five-year period 2021 - 2026, which is expected to drive the market to a value of $8,985.2m by the end of 2026.

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

Reasons to Buy

- What was the size of the United Kingdom prepared meals market by value in 2021?
- What will be the size of the United Kingdom prepared meals market in 2026?
- 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?
- How large is the United Kingdom’s prepared meals market in relation to its regional counterparts?

Content

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. 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 (2016-2021)?
7.4. Which companies’ market shares have suffered over the same period?
7.5. What are the most popular brands in the market?
8 Company Profiles
8.1. Kepak Group
8.2. Dr. August Oetker KG
8.3. Princes Limited
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, 2016-21
Table 2: United Kingdom prepared meals market volume: million kg, 2016-21
Table 3: United Kingdom prepared meals market category segmentation: $ million, 2021
Table 4: United Kingdom prepared meals market geography segmentation: $ million, 2021
Table 5: United Kingdom prepared meals market distribution: % share, by value, 2021
Table 6: United Kingdom prepared meals market value forecast: $ million, 2021-26
Table 7: United Kingdom prepared meals market volume forecast: million kg, 2021-26
Table 8: United Kingdom prepared meals market share: % share, by value, 2021
Table 9: Kepak Group: key facts
Table 10: Kepak Group: Key Employees
Table 11: Dr. August Oetker KG: key facts
Table 12: Dr. August Oetker KG: Key Employees
Table 13: Princes Limited: key facts
Table 14: Princes Limited: Key Employees
Table 15: United Kingdom size of population (million), 2017-21
Table 16: United Kingdom gdp (constant 2005 prices, $ billion), 2017-21
Table 17: United Kingdom gdp (current prices, $ billion), 2017-21
Table 18: United Kingdom inflation, 2017-21
Table 19: United Kingdom consumer price index (absolute), 2017-21
Table 20: United Kingdom exchange rate, 2017-21

List of Figures
Figure 1: United Kingdom prepared meals market value: $ million, 2016-21
Figure 2: United Kingdom prepared meals market volume: million kg, 2016-21
Figure 3: United Kingdom prepared meals market category segmentation: % share, by value, 2021
Figure 4: United Kingdom prepared meals market geography segmentation: % share, by value, 2021
Figure 5: United Kingdom prepared meals market distribution: % share, by value, 2021
Figure 6: United Kingdom prepared meals market value forecast: $ million, 2021-26
Figure 7: United Kingdom prepared meals market volume forecast: million kg, 2021-26
Figure 8: Forces driving competition in the prepared meals market in the United Kingdom, 2021
Figure 9: Drivers of buyer power in the prepared meals market in the United Kingdom, 2021
Figure 10: Drivers of supplier power in the prepared meals market in the United Kingdom, 2021
Figure 11: Drivers of degree of rivalry in the prepared meals market in the United Kingdom, 2021
Figure 12: United Kingdom prepared meals market share: % share, by value, 2021