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The Australia ready meals market size reached USD 1,776.71 million in 2023. The market is expected to grow at a CAGR of 5.66% between 2024 and 2032, reaching almost USD 2,898.96 million by 2032.
Vegetarian options are driving the Australia ready meals market growth due to their perceived health benefits
They are often seen as healthier choices, being lower in saturated fats and cholesterol while being rich in fibre, vitamins, and minerals from vegetables, legumes, and grains. Vegetarian-ready meals offer a healthier choice with reduced fats and cholesterol. They are environmentally friendly, suitable for various allergies, come in diverse flavours, support weight management, and address concerns about animal welfare.
Non-vegetarian ready meals provide abundant protein sources, a variety of flavours, and help in feeling full. They offer familiar comfort, and a range of nutrients, and are simple to prepare, making them appeal to busy individuals in search of convenience and culinary diversity.
Mars Food & Nutrition Australia had introduced a new ready-to-heat range within the Ben's Original brand, catering to the growing need for convenient, healthier options. The Ben's Original 10+ Medley microwave series featured Mexican, Mediterranean, and Chinese styles, reflecting diverse eating patterns.
Australia Ready Meals Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Meal Type
Market Breakup by Product Type
Market Breakup by End Use
Market Breakup by Distribution Channel
Market Breakup by Region
The Australia ready meals market key players are MarleySpoon Pty Ltd., Grocery Delivery eServices Australia Pty Ltd., Youfoodz Pty Ltd., Chefgood Pty Ltd., Macros, Soulara, Oppenheimer Pty Ltd., Lite n’ Easy and My Muscle Chef Pty Ltd among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Meal Type |
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Breakup by Product Type |
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Breakup by End Use |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Ready Meals Market Overview
8.1 Key Industry Highlights
8.2 Australia Ready Meals Historical Market (2018-2023)
8.3 Australia Ready Meals Market Forecast (2024-2032)
9 Australia Ready Meals Market by Meal Type
9.1 Vegan
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Non-vegetarian
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Vegetarian
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
10 Australia Ready Meals Market by Product Type
10.1 Dried Ready Meals
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Chilled Pizza
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Frozen Pizza
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Canned Preserved Ready Meals
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Chilled Ready Meals
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Chilled Pizza
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Frozen Ready Pizza
10.7.1 Historical Trend (2018-2023)
10.7.2 Forecast Trend (2024-2032)
10.8 Prepared Salads
10.8.1 Historical Trend (2018-2023)
10.8.2 Forecast Trend (2024-2032)
11 Australia Ready Meals Market by End Use
11.1 Residential
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Food Services
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Australia Ready Meals Market by Distribution Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Convenience Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Online Channels
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Australia Ready Meals Market by Region
13.1 New South Wales
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Victoria
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Queensland
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Australian Capital Territory
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Western Australia
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 MarleySpoon Pty Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Grocery Delivery eServices Australia Pty Ltd.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Youfoodz Pty Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Chefgood Pty Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Macros
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Soulara
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Oppenheimer Pty Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Lite n’ Easy
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 My Muscle Chef Pty Ltd
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Ready Meals Market: Key Industry Highlights, 2018 and 2032
2. Australia Ready Meals Historical Market: Breakup by Meal Type (USD Million), 2018-2023
3. Australia Ready Meals Market Forecast: Breakup by Meal Type (USD Million), 2024-2032
4. Australia Ready Meals Historical Market: Breakup by Product Type (USD Million), 2018-2023
5. Australia Ready Meals Market Forecast: Breakup by Product type (USD Million), 2024-2032
6. Australia Ready Meals Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Australia Ready Meals Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Australia Ready Meals Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
9. Australia Ready Meals Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
10. Australia Ready Meals Historical Market: Breakup by Region (USD Million), 2018-2023
11. Australia Ready Meals Market Forecast: Breakup by Region (USD Million), 2024-2032
12. Australia Ready Meals Market Structure
The market was valued at USD 1,776.71 million in 2023.
The market is projected to grow at a CAGR of 5.66% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 2,898.96 million in 2032.
The ready meals market is categorised according to meal type, which includes vegan, vegetarian, and non-vegetarian.
The ready meals market key players are MarleySpoon Pty Ltd., Grocery Delivery eServices Australia Pty Ltd., Youfoodz Pty Ltd., Chefgood Pty Ltd., Macros, Soulara, Oppenheimer Pty Ltd., Lite n’ Easy and My Muscle Chef Pty Ltd among others.
Based on the ready meals end use, the market is divided into residential and food services.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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