"Consumer and Market Insights: Prepared Meals Market in Australia" Published

From: Fast Market Research, Inc.
Published: Tue Sep 08 2015

The Consumer and Market Insights: Prepared Meals Market in Australia report published by Canadean provides in-depth information on value and volume data by category and distribution channel. Leading brands, the most opportunistic foodservice channels, and packaging material and container consumption are also covered.

Key Findings

* The per capita consumption of Prepared Meals in Australia has increased by 10.1% during 2009-2014, supported by increased demand for convenient food among time-pressed consumers
* Of the three prepared meals categories analyzed, Ready Meals will remain the largest as well as fastest growth category, registering a CAGR of 4.6% during 2009-2019
* The Australian Prepared Meals market is highly competitive and is led by international players Mc Cain, Heinz and Ristorante which together account for 36.8% share of the market
* Private Label has considerable market penetration of 11.4% in 2014. They compete with brands beyond price points, which has resulted in a Private Label products gaining market share from brands during 2011-2014
* The use of Tub containers for packaging Prepared Meals is forecast to grow at a high CAGR of 5.6% during 2014-2019, led by increasing demand for Ready Meals category
* Prepared Meals offering specific health benefits will have better prospects supported by increasing health consciousness among Australian consumers
* Lack of time for scratch-cooking due to increasingly busy lives, and the desire to experience new cuisines are the most influential factors contributing to Prepared Meals market growth

Full Report Details at
- http://www.fastmr.com/prod/1032789_consumer_insights_prepared.aspx?afid=301

The report on the Prepared Meals sector in Australia provides insights on high growth categories to target, trends in the usage of packaging materials, types, closures, and information on category level distribution and brands market shares.

What else is contained?

* Market data: Overall market value and volume data with growth analysis for 2014-2019
* Category coverage: Value and growth analysis for Meal Kits, Pizza and Ready Meals, with inputs on individual segment share within each category and the change in their market share forecast for 2014-2019
* Leading players: Market share of brands and private labels, private label growth analysis during 2011-2014
* Distribution data: Value shares within each category through channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and more
* Packaging data: usage of different packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging materials: flexible packaging, rigid plastics, rigid metal and others; containers: tray, tub, foil and others
* Consumer level trends: Top four consumer trends which influence prepared meals consumption

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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