India Ready Meals Market Report 2024
The rising participation of women in the workforce, longer working hours and the growth of dual-income households are driving demand for convenient, time-saving foods.
The rising participation of women in the workforce, longer working hours and the growth of dual-income households are driving demand for convenient, time-saving foods.
The rising participation of women in the workforce, longer working hours and the growth of dual-income households are driving demand for convenient, time-saving foods. This surge in interest has led to an increase in ready meal launches, signalling exciting times for the industry. However, current consumption remains concentrated in upper-tier cities and among financially stable, employed individuals, highlighting barriers to broader adoption.
This Report outlines two key strategies for growth: increasing purchase frequency among existing consumers and expanding market penetration by addressing gaps among non-consumers.
It also delves into health-conscious trends, reflecting the growing consumer preference for nutrient-rich choices. As this shift gains momentum, developing innovative, nutrition-focused products becomes essential to promote broader adoption.
Additionally, the Report analyses distinct consumption occasions for instant ready meals and heat-and-eat options, providing insights into tailoring offerings to meet evolving consumer needs.
Demand for convenience is rising, but ready meals face expansion hurdles. Growth lies in breaking barriers, expanding occasions and leading with nutrient-rich innovations.
Tulsi Joshi, Senior Food & Drink Analyst, India
Ready meals are pre-prepared food products designed for convenience, allowing consumers to enjoy a quick and hassle-free meal. This report focuses on two main categories of ready meals:
Please note this report excludes instant noodles, soups and pastas. It also does not cover semi-finished products, such as curry pastes, ready-to-cook pre-mixes or batters (eg, idli/dosa batter, pancake mix, dhokla mix) and dessert mixes.
Ready meals are pre-prepared food products designed for convenience, allowing consumers to enjoy quick and hassle-free meal. This report focuses on two main categories of ready meals:
Please note this report excludes instant noodles, soups and pastas. It also does not cover semi-finished products, such as curry pastes, ready-to-cook pre-mixes or batters (eg, idli/dosa batter, pancake mix, dhokla mix) and dessert mixes.