Ready Meal Tray Market
Ready Meal Tray Market Study by Portioned and Perforated Trays Made from Polypropylene, Crystallized Polyethylene Terephthalate (CPET), and Aluminum from 2024 to 2034
Analysis of Ready Meal Tray Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Ready Meal Tray Market Outlook (2024 to 2034)
Expanding at a compound annual growth rate (CAGR) of 6.9%, partly driven by the push for use of eco-friendly and recyclable materials, the global ready meal tray market is expected to increase from a value of US$ 1.3 billion in 2024 to US$ 2.5 billion by the end of 2034, as stated in the latest market study published by Fact.MR.
Changing eating habits of consumers are projected to lead to increased demand for convenient and ready-to-eat food products. In addition, growing requirement for convenient-to-carry packaging alternative food options while maintaining their features, such as medicinal, seasonal, organic, etc., is leading to increasing use of ready meal trays across the world.
In recent years, owing to hectic lifestyles, there has been increasing demand for ready-to-eat food products as working people do not get enough time to cook their meals. Ready meal trays are thus being used widely in food service and catering, airline catering, etc.
- Worldwide demand for ready meal trays of up to 250 gms capacity is projected to increase at a CAGR of 7.8% and reach a market valuation of US$ 900 million by 2034-end.
- East Asia is forecasted to hold 23.1% of the ready meal tray market share by 2034.
- Sales of ready meal trays in Japan are projected to rise at a 7.4% CAGR from 2024 to 2034.
Several market players are engaged in offering ready meal trays with more comfort characteristics, which are used for food packaging, including single-use and easy-to-open packaging, and ensure improved mobility. In addition, trays, which are manufactured with CPET and PET materials are capable of withstanding elevated heat applications and therefore are used for baking purposes in microwaves or conventional ovens.
Manufacturers of ready meal trays are incorporating the use of Omni-recyclable PET lids to maintain the high nutritional value and freshness in food products, which is anticipated to contribute to their increased adoption in the coming 10 years.
Report Attributes | Details |
---|---|
Real Meal Tray Market Size (2024E) | US$ 1.3 Billion |
Forecasted Market Value (2034F) | US$ 2.5 Billion |
Global Market Growth Rate (2024 to 2034) | 6.9% CAGR |
Market Share of Portioned Trays (2034F) | 58.3% |
South Korea Market Growth Rate (2024 to 2034) | 7.7% CAGR |
North America Market Share (2034F) | 24.3% |
Key Companies Profiled | Sonoco Products Company; Novolex; Silver Plastics GmbH & Co. KG; Fibercel Packaging Llc.; Henry Molded Products Inc.; Faerch A/S; Amcor PLC; ESCO Technologies Inc.; D&W Fine Pack LLC; UFP Technologies Inc. Pactiv LLC; BillerudKorsnas; Huhtamaki Oyj; DS Smith Plc; International Paper Co.; Brodrene Hartmann A/S; Mondi Group PLC; OrCon Industries Corporation; Quinn Packaging; Tray-Pak Corporation |
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What is the Driving Force for Increasing Demand for Ready Meal Trays?
“Increasing Preference to Eco-friendly Packaging Solutions”
Growing concentration on minimizing plastic use and adoption of eco-friendly and recyclable packaging solutions around the world is anticipated to positively influence the ready meal tray market trends. Ban on single use plastics, implementation of stringent food safety regulations, and advancements in food packaging solutions are projected to positively impact market growth. Further, increasing consumer awareness about food waste and higher demand for biodegradable packaging options are some other pivotal factors contributing to the ready meal tray market growth.
Various food manufacturers are concentrating on innovation and increasing their expenditure in R&D activities to develop new products used for food packaging to satisfy consumer demand for eco-friendly products. Therefore, an increase in the demand for dinner trays, ready-meal boxes, and microwave meal trays is experienced.
Several regulatory authorities and governments are implementing stringent norms promoting the use of recyclable and sustainable packaging to combat climate change and conserve the environment. Growing awareness about environment conservation and sustainability among more individuals is estimated to increase demand for ready meal trays.
What issues are Encountered by Ready Meal Tray Manufacturers?
“Easy Availability of Cheaper Plastic Alternatives and Limited Consumer Awareness”
There are certain cheap plastic alternatives, which are easily available across regions, which is hindering demand for ready meal trays. In addition, limited or no awareness about these sustainable trays among various consumers is also projected to inhibit their demand.
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What is Expected to Help New Companies in This Competitive Landscape?
“Increased Concentration on Sustainable Innovations Improving Product Quality”
New manufacturers of ready meal trays are investing in R&D activities for novel product development matching requirements for sustainable packaging. New players are collaborating with food manufacturers for the development and manufacturing of new ready meal trays helping minimize their contribution to waste generation.
For instance :
- TIPA is a compostable food packaging startup based in Israel. In April 2022, the company announced a fundraising of US$ 70 million in round C series funding. The technology of the company is projected to create innovative solutions adopted by some of the popular food retailers around the world. Millennium Food-Tech and Meitav Dash led the funding round.
Country-wise Insights
North America is anticipated to account for 24.3% of global market share by the end of 2034. The hectic lifestyle of numerous people in the region is leading to the consumption of convenience foods and packaged foods, which is projected to contribute to the expansion of the ready meal tray market size.
Why are Ready Meal Trays Gaining Attention in the United States?
“Hectic Lifestyle and Concentration on Sustainability Initiatives”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 100 Million |
Growth Rate (2024 to 2034) | 7.3% CAGR |
Projected Value (2034F) | US$ 203 Million |
The United States is set to hold 45.6% share of the market in North America by the end of the study period. The increasing consumption of convenience and packaged food products in the United States is attributed to the hectic lifestyle, which is generating demand for ready meal trays. Moreover, growing concentration on sustainability, rising demand for biodegradable food packaging options, increasing population of working women, and stringent food safety mandates are contributing to the increased consumption of ready meal trays in the United States.
What is Fostering Demand Growth for Ready Meal Trays in China?
“Rising Awareness about Sustainable Food Packaging Solutions”
Attribute | China |
---|---|
Market Value (2024E) | US$ 100 Million |
Growth Rate (2024 to 2034) | 6.9% CAGR |
Projected Value (2034F) | US$ 195 Million |
China is set to account for 47.5% share of the East Asian market by 2034-end. Increasing awareness about sustainable packaging options among more individuals in China is leading to the utilization of ready meal trays in the food service industry. In addition, growing disposable income along with a rising population of working women is contributing to their spending capacity, which is leading to the expansion of the food service industry, subsequently driving demand for ready meal trays in the country.
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Category-wise Insights
According to Fact.MR report, a market research and competitive intelligence provider, worldwide demand for portioned trays is forecasted to increase more due to their ease of use and availability in attractive packaging designs. Moreover, they also offer pre-portioned serving facilities for the measurement of food products.
Why is Use of Portioned Ready Meal Trays Increasing Faster?
“Adoption of Portioned Trays Aligning Well with Consumer Requirements”
Attribute | Portioned Trays |
---|---|
Segment Value (2024E) | US$ 800 Million |
Growth Rate (2024 to 2034) | 6.8% CAGR |
Projected Value (2034F) | US$ 1.5 Billion |
Portioned ready meal trays are forecasted to contribute 58.3% share of global market revenue by 2034-end. The rising popularity of these trays is attributed to their features of portion control, convenience, and catering to consumers’ busy lifestyles eliminating requirements for food measurements. In addition, these trays offer pre-portioned servings and ease of use while aligning with the demand for hassle-free and quick solutions. Further, the availability of portioned trays in innovative packaging designs for enhancing the visual appeal of meals is also contributing to their popularity.
Which Material is Widely Preferred for Ready Meal Tray Production?
“Surging Use of Eco-friendly and Recyclable Materials in Ready Meal Tray Production”
Crystallized polyethylene terephthalate (CPET), polypropylene, aluminum, and others are some materials used prominently in the manufacturing of ready meal trays. Increasing demand for recyclable materials is projected to lead to the utilization of more sustainable food packaging options. Therefore, demand for recyclable materials, including polypropylene and polyethylene terephthalate (PET), etc., are expected to increase due to the implementation of stringent food packaging mandates and ban on single-use plastics.
Competitive Landscape
Prominent suppliers of ready meal trays are coming up with new innovative products to enhance their presence with increasing sales potential. Moreover, maintaining product quality, managing supply chain systems, and expenditure on new product development are projected to help manufacturers secure their market position.
For instance :
- Stora Enso launched Trayforma in June 2021. This newly developed product is based on wood fiber and is specifically designed for the packaging of microwavable food trays. Moreover, this newly developed material is PET-free and renewable.
Key players in the ready meal tray market are Sonoco Products Company, Novolex, Silver Plastics GmbH & Co. KG, Fibercel Packaging Llc., Henry Molded Products Inc., Faerch A/S, Amcor PLC, ESCO Technologies Inc., D&W Fine Pack LLC, UFP Technologies Inc. Pactiv LLC, BillerudKorsnas, Huhtamaki Oyj, DS Smith Plc, International Paper Co., Brodrene Hartmann A/S, Mondi Group PLC, OrCon Industries Corporation, Quinn Packaging, and Tray-Pak Corporation.
Segmentation of Ready Meal Tray Market Research
-
By Type :
- Portioned Trays
- Perforated Trays
-
By Capacity :
- Up to 250 gms
- 250 to 500 gms
- More than 500 gms
-
By Material :
- Polypropylene
- Crystallized Polyethylene Terephthalate (CPET)
- Aluminum
-
By End Use :
- QSR & FSR
- Transportation Catering Services
- Institutional Catering Services
- Retail Sales
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Key Market Trends
- 4. Market Background
- 5. Global Market Size (US$ Mn) & Volume (Mn Units) and Forecast, 2019 to 2034
- 6. Global Market Value & Volume Analysis and Forecast 2019 to 2034
- 6.1. Global Market Value & Volume Analysis 2019 to 2023 and Forecast 2024 to 2034, by Type
- 6.1.1. Portioned Trays
- 6.1.2. Perforated Trays
- 6.2. Global Market Value & Volume Analysis 2019 to 2023 and Forecast 2024 to 2034, by Capacity
- 6.2.1. Upto 250 gms
- 6.2.2. 250-500 gms
- 6.2.3. More than 500 gms
- 6.3. Global Market Value & Volume Analysis 2019 to 2023 and Forecast 2024 to 2034, by Material Type
- 6.3.1. Polypropylene
- 6.3.2. Crystallized Polyethylene Terephthalate
- 6.3.3. Aluminum
- 6.3.4. Other Materials (HDPF, HIPS, etc.)
- 6.4. Global Market Value & Volume Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use
- 6.4.1. QSR and FSR
- 6.4.2. Transportation Catering Services
- 6.4.3. Institutional Catering Services
- 6.4.4. Retail Sales
- 6.5. Global Market Value & Volume Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 6.5.1. North America
- 6.5.2. Latin America
- 6.5.3. Europe
- 6.5.4. East Asia
- 6.5.5. South Asia & Oceania
- 6.5.6. Middle East & Africa
- 6.1. Global Market Value & Volume Analysis 2019 to 2023 and Forecast 2024 to 2034, by Type
- 7. North America Market Value & Volume Analysis and Forecast 2019 to 2034
- 8. Latin America Market Value & Volume Analysis and Forecast 2019 to 2034
- 9. Europe Market Value & Volume Analysis and Forecast 2019 to 2034
- 10. East Asia Market Value & Volume Analysis and Forecast 2019 to 2034
- 11. South Asia & Oceania Market Value & Volume Analysis and Forecast 2019 to 2034
- 12. Middle East & Africa Market Value & Volume Analysis and Forecast 2019 to 2034
- 13. Global Market – Emerging Countries Analysis
- 14. Competitive Assessment
- 15. Company Profiles
- 15.1. Quinn Packaging
- 15.2. Silver Plastics
- 15.3. Faerch
- 15.4. Parkers Food Machinery
- 15.5. RH Packaging
- 15.6. Cima-Pak
- 15.7. Huhtamäki Oyj
- 15.8. Versatile Packaging
- 15.9. CmActive
- 15.10. Waitrose Ltd
- 15.11. Coextruded Plastic Technologies, Inc
- 15.12. Genpak, LLC
- 15.13. Omniform Group
- 15.14. Mantle Packaging Machinery, Ltd
- 16. Disclaimer & Contact Information
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List Of Table
Table 01: Global Market Value (US$ Mn) & Volume (Mn Units), 2019 to 2023
Table 02: Global Market Value (US$ Mn) & Volume (Mn Units), 2024 to 2034
Table 03: Global Market Value (US$ Mn) & Volume (Mn Units) and Y-o-Y, 2023 to 2034
Table 04: Global Portioned Trays Segment Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 05: Global Portioned Trays egment Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 06: Global Portioned Trays Segment Market Share, By Region 2019 to 2023
Table 07: Global Portioned Trays Segment Market Share, By Region 2024 to 2034
Table 08: Global Portioned Trays Segment Y-o-Y, By Region 2023 to 2034
Table 09: Global Perforated Trays Segment Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 10: Global Perforated Trays Segment Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 11: Global Perforated Trays Segment Market Share, By Region 2019 to 2023
Table 12: Global Perforated Trays Segment Market Share, By Region 2024 to 2034
Table 13: Global Perforated Trays Segment Y-o-Y, By Region 2023 to 2034
Table 14: Global Upto 250 gms Segment Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 15: Global Upto 250 gms Segment Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 16: Global Upto 250 gms Segment Market Share, By Region 2019 to 2023
Table 17: Global Upto 250 gms Segment Market Share, By Region 2024 to 2034
Table 18: Global Upto 250 gms Segment Y-o-Y, By Region 2023 to 2034
Table 19: Global 250-500 gms Segment Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 20: Global 250-500 gms Segment Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 21: Global 250-500 gms Segment Market Share, By Region 2019 to 2023
Table 22: Global 250-500 gms Segment Market Share, By Region 2024 to 2034
Table 23: Global 250-500 gms Segment Y-o-Y, By Region 2023 to 2034
Table 24: Global More than 500 gms Segment Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 25: Global More than 500 gms Segment Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 26: Global More than 500 gms Segment Market Share, By Region 2019 to 2023
Table 27: Global More than 500 gms Segment Market Share, By Region 2024 to 2034
Table 28: Global More than 500 gms Segment Y-o-Y, By Region 2023 to 2034
Table 29: Global Polypropylene Segment Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 30: Global Polypropylene Segment Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 31: Global Polypropylene Segment Market Share, By Region 2019 to 2023
Table 32: Global Polypropylene Segment Market Share, By Region 2024 to 2034
Table 33: Global Polypropylene Segment Y-o-Y, By Region 2023 to 2034
Table 34: Global Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 35: Global Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 36: Global Market Share, By Region 2019 to 2023
Table 37: Global Market Share, By Region 2024 to 2034
Table 38: Global Y-o-Y, By Region 2023 to 2034
Table 39: Global Aluminum Segment Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 40: Global Aluminum Segment Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 41: Global Aluminum Segment Market Share, By Region 2019 to 2023
Table 42: Global Aluminum Segment Market Share, By Region 2024 to 2034
Table 43: Global Aluminum Segment Y-o-Y, By Region 2023 to 2034
Table 44: Global Other Materials (HDPF, HIPS, etc) Segment Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 45: Global Other Materials (HDPF, HIPS, etc) Segment Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 46: Global Other Materials (HDPF, HIPS, etc) Segment Market Share, By Region 2019 to 2023
Table 47: Global Other Materials (HDPF, HIPS, etc) Segment Market Share, By Region 2024 to 2034
Table 48: Global Other Materials (HDPF, HIPS, etc) Segment Y-o-Y, By Region 2023 to 2034
Table 49: Global QSR and FSR Segment Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 50: Global QSR and FSR Segment Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 51: Global QSR and FSR Segment Market Share, By Region 2019 to 2023
Table 52: Global QSR and FSR Segment Market Share, By Region 2024 to 2034
Table 53: Global QSR and FSR Segment Y-o-Y, By Region 2023 to 2034
Table 54: Global Transportation Catering Services Segment Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 55: Global Transportation Catering Services Segment Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 56: Global Transportation Catering Services Segment Market Share, By Region 2019 to 2023
Table 57: Global Transportation Catering Services Segment Market Share, By Region 2024 to 2034
Table 58: Global Transportation Catering Services Segment Y-o-Y, By Region 2023 to 2034
Table 59: Global Institutional Catering Services Segment Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 60: Global Institutional Catering Services Segment Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 61: Global Institutional Catering Services Segment Market Share, By Region 2019 to 2023
Table 62: Global Institutional Catering Services Segment Market Share, By Region 2024 to 2034
Table 63: Global Institutional Catering Services Segment Y-o-Y, By Region 2023 to 2034
Table 64: Global Retail Sales Segment Value (US$ Mn) & Volume (Mn Units), By Region 2019 to 2023
Table 65: Global Retail Sales Segment Value (US$ Mn) & Volume (Mn Units), By Region 2024 to 2034
Table 66: Global Retail Sales Segment Market Share, By Region 2019 to 2023
Table 67: Global Retail Sales Segment Market Share, By Region 2024 to 2034
Table 68: Global Retail Sales Segment Y-o-Y, By Region 2023 to 2034
Table 69: North America Market Value (US$ Mn) & Volume (Mn Units), By Country 2019 to 2023
Table 70: North America Market Value (US$ Mn) & Volume (Mn Units), By Country 2024 to 2034
Table 71: North America Market Value (US$ Mn) & Volume (Mn Units), By Type 2019 to 2023
Table 72: North America Market Value (US$ Mn) & Volume (Mn Units), By Type 2024 to 2034
Table 73: North America Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2019 to 2023
Table 74: North America Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2024 to 2034
Table 75: North America Market Value (US$ Mn) & Volume (Mn Units), By Material Type 2019 to 2023
Table 76: North America Market Value (US$ Mn) & Volume (Mn Units), By Material Type 2024 to 2034
Table 77: North America Market Value (US$ Mn) & Volume (Mn Units), By End Use 2019 to 2023
Table 78: North America Market Value (US$ Mn) & Volume (Mn Units), By End Use 2024 to 2034
Table 79: Latin America Market Value (US$ Mn) & Volume (Mn Units), By Country 2019 to 2023
Table 80: Latin America Market Value (US$ Mn) & Volume (Mn Units), By Country 2024 to 2034
Table 81: Latin America Market Value (US$ Mn) & Volume (Mn Units), By Type 2019 to 2023
Table 82: Latin America Market Value (US$ Mn) & Volume (Mn Units), By Type 2024 to 2034
Table 83: Latin America Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2019 to 2023
Table 84: Latin America Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2024 to 2034
Table 85: Latin America Market Value (US$ Mn) & Volume (Mn Units), By Material Type 2019 to 2023
Table 86: Latin America Market Value (US$ Mn) & Volume (Mn Units), By Material Type 2024 to 2034
Table 87: Latin America Market Value (US$ Mn) & Volume (Mn Units), By End Use 2019 to 2023
Table 88: Latin America Market Value (US$ Mn) & Volume (Mn Units), By End Use 2024 to 2034
Table 89: Europe Market Value (US$ Mn) & Volume (Mn Units), By Country 2019 to 2023
Table 90: Europe Market Value (US$ Mn) & Volume, By Country 2024 to 2034
Table 91: Europe Market Value (US$ Mn) & Volume (Mn Units), By Type 2019 to 2023
Table 92: Europe Market Value (US$ Mn) & Volume (Mn Units), By Type 2024 to 2034
Table 93: Europe Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2019 to 2023
Table 94: Europe Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2024 to 2034
Table 95: Europe Market Value (US$ Mn) & Volume (Mn Units), By Material Type 2019 to 2023
Table 96: Europe Market Value (US$ Mn) & Volume (Mn Units), By Material Type 2024 to 2034
Table 97: Europe Market Value (US$ Mn) & Volume (Mn Units), By End Use 2019 to 2023
Table 98: Europe Market Value (US$ Mn) & Volume (Mn Units), By End Use 2024 to 2034
Table 99: East Asia Market Value (US$ Mn) & Volume (Mn Units), By Country 2019 to 2023
Table 100: East Asia Market Value (US$ Mn) & Volume (Mn Units), By Country 2024 to 2034
Table 101: East Asia Market Value (US$ Mn) & Volume (Mn Units), By Type 2019 to 2023
Table 102: East Asia Market Value (US$ Mn) & Volume (Mn Units), By Type 2024 to 2034
Table 103: East Asia Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2019 to 2023
Table 104: East Asia Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2024 to 2034
Table 105: East Asia Market Value (US$ Mn) & Volume (Mn Units), By Material Type 2019 to 2023
Table 106: East Asia Market Value (US$ Mn) & Volume (Mn Units), By Material Type 2024 to 2034
Table 107: East Asia Market Value (US$ Mn) & Volume (Mn Units), By End Use 2019 to 2023
Table 108: East Asia Market Value (US$ Mn) & Volume (Mn Units), By End Use 2024 to 2034
Table 109: South Asia & Oceania Market Value (US$ Mn) & Volume (Mn Units), By Country 2019 to 2023
Table 110: South Asia & Oceania Market Value (US$ Mn) & Volume (Mn Units), By Country 2024 to 2034
Table 111: South Asia & Oceania Market Value (US$ Mn) & Volume (Mn Units), By Type 2019 to 2023
Table 112: South Asia & Oceania Market Value (US$ Mn) & Volume (Mn Units), By Type 2024 to 2034
Table 113: South Asia & Oceania Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2019 to 2023
Table 114: South Asia & Oceania Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2024 to 2034
Table 115: South Asia & Oceania Market Value (US$ Mn) & Volume (Mn Units), By Material Type 2019 to 2023
Table 116: South Asia & Oceania Market Value (US$ Mn) & Volume (Mn Units), By Material Type 2024 to 2034
Table 117: South Asia & Oceania Market Value (US$ Mn) & Volume (Mn Units), By End Use 2019 to 2023
Table 118: South Asia & Oceania Market Value (US$ Mn) & Volume (Mn Units), By End Use 2024 to 2034
Table 119: MEA Market Value (US$ Mn) & Volume (Mn Units), By Country 2019 to 2023
Table 120: MEA Market Value (US$ Mn) & Volume (Mn Units), By Country 2024 to 2034
Table 121: MEA Market Value (US$ Mn) & Volume (Mn Units), By Type 2019 to 2023
Table 122: MEA Market Value (US$ Mn) & Volume (Mn Units), By Type 2024 to 2034
Table 123: MEA Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2019 to 2023
Table 124: MEA Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2024 to 2034
Table 125: MEA Market Value (US$ Mn) & Volume (Mn Units), By Material Type 2019 to 2023
Table 126: MEA Market Value (US$ Mn) & Volume (Mn Units), By Material Type 2024 to 2034
Table 127: MEA Market Value (US$ Mn) & Volume (Mn Units), By End Use 2019 to 2023
Table 128: MEA Market Value (US$ Mn) & Volume (Mn Units), By End Use 2024 to 2034
Table 129: India Market Value (US$ Mn) & Volume (Mn Units), By Type 2019 to 2023
Table 130: India Market Value (US$ Mn) & Volume (Mn Units), By Type 2024 to 2034
Table 131: India Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2019 to 2023
Table 132: India Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2024 to 2034
Table 133: India Market Value (US$ Mn) & Volume (Mn Units), By Material 2019 to 2023
Table 134: India Market Value (US$ Mn) & Volume (Mn Units), By Material 2024 to 2034
Table 135: India Market Value (US$ Mn) & Volume (Mn Units), By End Use 2019 to 2023
Table 136: India Market Value (US$ Mn) & Volume (Mn Units), By End Use 2024 to 2034
Table 137: Mexico Market Value (US$ Mn) & Volume (Mn Units), By Type 2019 to 2023
Table 138: Mexico Market Value (US$ Mn) & Volume (Mn Units), By Type 2024 to 2034
Table 139: Mexico Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2019 to 2023
Table 140: Mexico Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2024 to 2034
Table 141: Mexico Market Value (US$ Mn) & Volume (Mn Units), By Material 2019 to 2023
Table 142: Mexico Market Value (US$ Mn) & Volume (Mn Units), By Material 2024 to 2034
Table 143: Mexico Market Value (US$ Mn) & Volume (Mn Units), By End Use 2019 to 2023
Table 144: Mexico Market Value (US$ Mn) & Volume (Mn Units), By End Use 2024
Table 145: Turkey Market Value (US$ Mn) & Volume (Mn Units), By Type 2019 to 2023
Table 146: Turkey Market Value (US$ Mn) & Volume (Mn Units), By Type 2024 to 2034
Table 147: Turkey Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2019 to 2023
Table 148: Turkey Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2024 to 2034
Table 149: Turkey Market Value (US$ Mn) & Volume (Mn Units), By Material 2019 to 2023
Table 150: Turkey Market Value (US$ Mn) & Volume (Mn Units), By Material 2024 to 2034
Table 151: Turkey Market Value (US$ Mn) & Volume (Mn Units), By End Use 2019 to 2023
Table 152: Turkey Market Value (US$ Mn) & Volume (Mn Units), By End Use 2024
Table 153: Indonesia Market Value (US$ Mn) & Volume (Mn Units), By Type 2019 to 2023
Table 154: Indonesia Market Value (US$ Mn) & Volume (Mn Units), By Type 2024 to 2034
Table 155: Indonesia Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2019 to 2023
Table 156: Indonesia Market Value (US$ Mn) & Volume (Mn Units), By Capacity 2024 to 2034
Table 157: Indonesia Market Value (US$ Mn) & Volume (Mn Units), By Material 2019 to 2023
Table 158: Indonesia Market Value (US$ Mn) & Volume (Mn Units), By Material 2024 to 2034
Table 159: Indonesia Market Value (US$ Mn) & Volume (Mn Units), By End Use 2019 to 2023
Table 160: Indonesia Market Value (US$ Mn) & Volume (Mn Units), By End Use 2024
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List Of Figures
Figure 01: Global Market Value (US$ Mn), 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast, 2024 to 2034
Figure 03: Global Market Value (US$ Mn) and Y-o-Y, 2023 to 2034
Figure 04: Global Market Value (US$ Mn) By Region, 2019 to 2023
Figure 05: Global Market Value (US$ Mn) By Region, 2024 to 2034
Figure 06: Global Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 07: Global Market Value (US$ Mn) By Region, 2019 to 2023
Figure 08: Global Market Value (US$ Mn) By Region, 2024 to 2034
Figure 09: Global Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 10: Global Upto 250 gms Segment Market Value (US$ Mn) By Region, 2019 to 2023
Figure 11: Global Upto 250 gms Segment Market Value (US$ Mn) By Region, 2024 to 2034
Figure 12: Global Upto 250 gms Segment Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 13: Global 250-500 gms Segment Market Value (US$ Mn) By Region, 2019 to 2023
Figure 14: Global 250-500 gms Segment Market Value (US$ Mn) By Region, 2024 to 2034
Figure 15: Global 250-500 gms Segment Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 16: Global More than 500 gms Segment Market Value (US$ Mn) By Region, 2019 to 2023
Figure 17: Global More than 500 gms Segment Market Value (US$ Mn) By Region, 2024 to 2034
Figure 18: Global More than 500 gms Segment Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 19: Global Polypropylene Segment Market Value (US$ Mn) By Region, 2019 to 2023
Figure 20: Global Polypropylene Segment Market Value (US$ Mn) By Region, 2024 to 2034
Figure 21: Global Polypropylene Segment Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 22: Global Market Value (US$ Mn) By Region, 2019 to 2023
Figure 23: Global Market Value (US$ Mn) By Region, 2024 to 2034
Figure 24: Global Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 25: Global Aluminum Segment Market Value (US$ Mn) By Region, 2019 to 2023
Figure 26: Global Aluminum Segment Market Value (US$ Mn) By Region, 2024 to 2034
Figure 27: Global Aluminum Segment Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 28: Global Other Materials (HDPF, HIPS, etc.) Segment Market Value (US$ Mn) By Region, 2019 to 2023
Figure 29: Global Other Materials (HDPF, HIPS, etc.) Segment Market Value (US$ Mn) By Region, 2024 to 2034
Figure 30: Global Other Materials (HDPF, HIPS, etc.) Segment Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 31: Global QSR and FSR Segment Market Value (US$ Mn) By Region, 2019 to 2023
Figure 32: Global QSR and FSR Segment Market Value (US$ Mn) By Region, 2024 to 2034
Figure 33: Global QSR and FSR Segment Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 34: Global Market Value (US$ Mn) By Region, 2019 to 2023
Figure 35: Global Market Value (US$ Mn) By Region, 2024 to 2034
Figure 36: Global Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 37: Global Market Value (US$ Mn) By Region, 2019 to 2023
Figure 38: Global Market Value (US$ Mn) By Region, 2024 to 2034
Figure 39: Global Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 40: Global Retail Sales Segment Market Value (US$ Mn) By Region, 2019 to 2023
Figure 41: Global Retail Sales Segment Market Value (US$ Mn) By Region, 2024 to 2034
Figure 42: Global Retail Sales Segment Y-o-Y Growth Rate, By Region, 2023 to 2034
Figure 43: North America Market Value (US$ Mn), By Country 2019 to 2023
Figure 44: North America Market Value (US$ Mn), By Country 2024 to 2034
Figure 45: North America Market Value (US$ Mn), By Type 2019 to 2023
Figure 46: North America Market Value (US$ Mn), By Type 2024 to 2034
Figure 47: North America Market Value (US$ Mn), By Capacity 2019 to 2023
Figure 48: North America Market Value (US$ Mn), By Capacity 2024 to 2034
Figure 49: North America Market Value (US$ Mn), By Material Type 2019 to 2023
Figure 50: North America Market Value (US$ Mn), By Material Type 2024 to 2034
Figure 51: North America Market Value (US$ Mn), By End Use 2019 to 2023
Figure 52: North America Market Value (US$ Mn), By End Use 2024 to 2034
Figure 53: Latin America Market Value (US$ Mn), By Country 2019 to 2023
Figure 54: Latin America Market Value (US$ Mn), By Country 2024 to 2034
Figure 55: Latin America Market Value (US$ Mn), By Type 2019 to 2023
Figure 56: Latin America Market Value (US$ Mn), By Type 2024 to 2034
Figure 57: Latin America Market Value (US$ Mn), By Capacity 2019 to 2023
Figure 58: Latin America Market Value (US$ Mn), By Capacity 2024 to 2034
Figure 59: Latin America Market Value (US$ Mn), By Material Type 2019 to 2023
Figure 60: Latin America Market Value (US$ Mn), By Material Type 2024 to 2034
Figure 61: Latin America Market Value (US$ Mn), By End Use 2019 to 2023
Figure 62: Latin America Market Value (US$ Mn), By End Use 2024 to 2034
Figure 63: Europe Market Value (US$ Mn), By Country 2019 to 2023
Figure 64: Europe Market Value (US$ Mn), By Country 2024 to 2034
Figure 65: Europe Market Value (US$ Mn), By Type 2019 to 2023
Figure 66: Europe Market Value (US$ Mn), By Type 2024 to 2034
Figure 67: Europe Market Value (US$ Mn), By Capacity 2019 to 2023
Figure 68: Europe Market Value (US$ Mn), By Capacity 2024 to 2034
Figure 69: Europe Market Value (US$ Mn), By Material Type 2019 to 2023
Figure 70: Europe Market Value (US$ Mn), By Material Type 2024 to 2034
Figure 71: Europe Market Value (US$ Mn), By End Use 2019 to 2023
Figure 72: Europe Market Value (US$ Mn), By End Use 2024 to 2034
Figure 73: East Asia Market Value (US$ Mn), By Country 2019 to 2023
Figure 74: East Asia Market Value (US$ Mn), By Country 2024 to 2034
Figure 75: East Asia Market Value (US$ Mn), By Type 2019 to 2023
Figure 76: East Asia Market Value (US$ Mn), By Type 2024 to 2034
Figure 77: East Asia Market Value (US$ Mn), By Material Type 2019 to 2023
Figure 78: East Asia Market Value (US$ Mn), By Capacity 2024 to 2034
Figure 79: East Asia Market Value (US$ Mn), By Material Type 2019 to 2023
Figure 80: East Asia Market Value (US$ Mn), By Material Type 2024 to 2034
Figure 81: East Asia Market Value (US$ Mn), By End Use 2019 to 2023
Figure 82: East Asia Market Value (US$ Mn), By End Use 2024 to 2034
Figure 83: South Asia & Oceania Market Value (US$ Mn), By Country 2019 to 2023
Figure 84: South Asia & Oceania Market Value (US$ Mn), By Country 2024 to 2034
Figure 85: South Asia & Oceania Market Value (US$ Mn), By Type 2019 to 2023
Figure 86: South Asia & Oceania Market Value (US$ Mn), By Type 2024 to 2034
Figure 87: South Asia & Oceania Market Value (US$ Mn), By Capacity 2019 to 2023
Figure 88: South Asia & Oceania Market Value (US$ Mn), By Capacity 2024 to 2034
Figure 89: South Asia & Oceania Market Value (US$ Mn), By Material Type 2019 to 2023
Figure 90: South Asia & Oceania Market Value (US$ Mn), By Material Type 2024 to 2034
Figure 91: South Asia & Oceania Market Value (US$ Mn), By End Use 2019 to 2023
Figure 92: South Asia & Oceania Market Value (US$ Mn), By End Use 2024 to 2034
Figure 93: MEA Market Value (US$ Mn), By Country 2019 to 2023
Figure 94: MEA Market Value (US$ Mn), By Country 2024 to 2034
Figure 95: MEA Market Value (US$ Mn), By Type 2019 to 2023
Figure 96: MEA Market Value (US$ Mn), By Type 2024 to 2034
Figure 97: MEA Market Value (US$ Mn), By Capacity 2019 to 2023
Figure 98: MEA Market Value (US$ Mn), By Capacity 2024 to 2034
Figure 99: MEA Market Value (US$ Mn), By Material Type 2019 to 2023
Figure 100: MEA Market Value (US$ Mn), By Material Type 2024 to 2034
Figure 101: MEA Market Value (US$ Mn), By End Use 2019 to 2023
Figure 102: MEA Market Value (US$ Mn), By End Use 2024 to 2034
Figure 103: India Market Value (US$ Mn), By Type 2019 to 2023
Figure 104: India Market Value (US$ Mn), By Type 2024 to 2034
Figure 105: India Market Value (US$ Mn), By Capacity 2019 to 2023
Figure 106: India Market Value (US$ Mn), By Capacity 2024 to 2034
Figure 107: India Market Value (US$ Mn), By Material Type 2019 to 2023
Figure 108: India Market Value (US$ Mn), By Material Type 2024 to 2034
Figure 109: India Market Value (US$ Mn), By End Use 2019 to 2023
Figure 110: India Market Value (US$ Mn), By End Use 2024 to 2034
Figure 111: Mexico Market Value (US$ Mn), By Type 2019 to 2023
Figure 112: Mexico Market Value (US$ Mn), By Type 2024 to 2034
Figure 113: Mexico Market Value (US$ Mn), By Capacity 2019 to 2023
Figure 114: Mexico Market Value (US$ Mn), By Capacity 2024 to 2034
Figure 115: Mexico Market Value (US$ Mn), By Material Type 2019 to 2023
Figure 116: Mexico Market Value (US$ Mn), By Material Type 2024 to 2034
Figure 117: Mexico Market Value (US$ Mn), By End Use 2019 to 2023
Figure 118: Mexico Market Value (US$ Mn), By End Use 2024 to 2034
Figure 119: Turkey Market Value (US$ Mn), By Type 2019 to 2023
Figure 120: Turkey Market Value (US$ Mn), By Type 2024 to 2034
Figure 121: Turkey Market Value (US$ Mn), By Capacity 2019 to 2023
Figure 122: Turkey Market Value (US$ Mn), By Capacity 2024 to 2034
Figure 123: Turkey Market Value (US$ Mn), By Material Type 2019 to 2023
Figure 124: Turkey Market Value (US$ Mn), By Material Type 2024 to 2034
Figure 125: Turkey Market Value (US$ Mn), By End Use 2019 to 2023
Figure 126: Turkey Market Value (US$ Mn), By End Use 2024 to 2034
Figure 127: Indonesia Market Value (US$ Mn), By Type 2019 to 2023
Figure 128: Indonesia Market Value (US$ Mn), By Type 2024 to 2034
Figure 129: Indonesia Market Value (US$ Mn), By Capacity 2019 to 2023
Figure 130: Indonesia Market Value (US$ Mn), By Capacity 2024 to 2034
Figure 131: Indonesia Market Value (US$ Mn), By Material Type 2019 to 2023
Figure 132: Indonesia Market Value (US$ Mn), By Material Type 2024 to 2034
Figure 133: Indonesia Market Value (US$ Mn), By End Use 2019 to 2023
Figure 134: Indonesia Market Value (US$ Mn), By End Use 2024 to 2034
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- FAQs -
How big is the ready meal tray market in 2024?
The global ready meal tray market is calculated at US$ 1.3 billion for 2024.
What is the demand outlook for ready meal trays by 2034?
Global demand for ready meal trays is projected to reach a value of US$ 2.5 billion by 2034-end.
At what rate are the sales of ready meal trays projected to rise?
The global market is projected to expand at a 6.9% CAGR from 2024 to 2034.
What will be the contribution of North America to global market revenue by 2034?
North America is estimated to account for 24.3% share of global market revenue by 2034-end.
At what CAGR is the demand for ready meal trays expected to increase in South Korea?
Sales of ready meal trays in South Korea are anticipated to rise at a CAGR of 7.7% from 2024 to 2034.
What is the market scenario for portioned ready meal trays?
Revenue from portioned ready meal trays is forecasted to rise at a CAGR of 6.8% and reach US$ 1.5 billion by 2034.