Industry Statistics and Trends
Prepared Meal Production in Europe key trends
Prepared meals are booming due to busy lifestyles.
In Europe, especially in the UK, France and Germany, folks are opting for these convenient, nutritionally balanced options to fit their hectic schedules, making home cooking less necessary.
Sustainability shapes the future of prepared meals.
As consumers increasingly prefer eco-conscious options, companies are pivoting towards sustainable sourcing and packaging to meet this growing demand and minimise their environmental impact.
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Prepared Meal Production in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
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Prepared Meal Production in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 3.2 % over the past five years, to reach an estimated €25.8bn in 2024.
Trends and Insights
Vegetarian and vegan diets meals are on the rise
- Demand for vegetarian and vegan meal options has soared in recent years in Europe. This trend has caused manufacturers to update their menu offerings to cater to this demographic.
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Prepared Meal Production in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
Home-delivered ready-meals are thriving
- E-commerce is revolutionising the prepared meal industry in Europe, with home-delivered ready meals surging in popularity.
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Revenue
€25.8bn
Employees
150k
Wages
€X.Xbn
European Leaders & Laggards
* CAGR values are for the years 2019-2024.
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Biggest companies in the Prepared Meal Production in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Nomad Foods Europe Ltd | 3,140.0 | 463.0 | 14.7 | |
Dr. August Oetker Nahrungsmittel KG | 7,338.1 | 632.2 | 8.6 | |
Nestlé SA | 109,921.1 | 17,402.9 | 15.8 |
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Prepared Meal Production in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
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Top Questions Answered in this Report
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What is the market size of the Prepared Meal Production industry in Europe in 2024?
The market size of the Prepared Meal Production industry in Europe is €25.8bn in 2024.
How many businesses are there in the Prepared Meal Production in Europe industry in 2024?
There are 7,596 businesses in the Prepared Meal Production industry in Europe, which has grown at a CAGR of 5.5 % between 2019 and 2024.
Has the Prepared Meal Production industry in Europe grown or declined over the past 5 years?
The market size of the Prepared Meal Production industry in Europe has been declining at a CAGR of 5.5 % between 2019 and 2024.
What is the forecast growth of the Prepared Meal Production industry in Europe over the next 5 years?
Over the next five years, the Prepared Meal Production industry in Europe is expected to decline.
What are the biggest companies in the Prepared Meal Production market in Europe?
The biggest companies operating in the Prepared Meal Production market in Europe are Nomad Foods Europe Ltd, Dr. August Oetker Nahrungsmittel KG and Nestlé SA
What does the Prepared Meal Production in Europe include?
Prepared meat meals and Prepared fish meals are part of the Prepared Meal Production industry.
Which companies have the highest market share in the Prepared Meal Production in Europe?
The company holding the most market share in Europe is Nomad Foods Europe Ltd.
Which countries have the most businesses in the Prepared Meal Production industry in Europe?
The European country with the most businesses in the Prepared Meal Production industry is Poland.
How competitive is the Prepared Meal Production industry in Europe?
The level of competition is moderate and increasing in the Prepared Meal Production industry in Europe.
Related Industries
This industry is covered in 37 countries
- Prepared Meal Production in Greece
- Prepared Meal Production in Italy
- Prepared Meal Production in Romania
- Prepared Meal Production in Sweden
- Prepared Meal Production in Turkey
- Prepared Meal Production in Slovakia
- Prepared Meal Production in Cyprus
- Prepared Meal Production in Latvia
- Prepared Meal Manufacturing in the UK
- Prepared Meal Production in Germany
- Prepared Meal Production in Austria
- Prepared Meal Production in France
- Prepared Meal Production in Norway
- Prepared Meal Production in Poland
- Prepared Meal Production in Ireland
- Prepared Meal Production in Estonia
- Prepared Meal Production in Iceland
- Prepared Meal Production in Europe
- Prepared Meal Production in Luxembourg
- Prepared Meal Production in Belgium
- Prepared Meal Production in Serbia
- Prepared Meal Production in Hungary
- Prepared Meal Production in Czechia
- Prepared Meal Production in Denmark
- Prepared Meal Production in Malta
- Prepared Meal Production in Bosnia & Herzegovina
- Prepared Meal Production in Spain
- Prepared Meal Production in the Netherlands
- Prepared Meal Production in Portugal
- Prepared Meal Production in Finland
- Prepared Meal Production in Croatia
- Prepared Meal Production in Slovenia
- Prepared Meal Production in Bulgaria
- Prepared Meal Production in Lithuania
Table of Contents
About this industry
Industry definition
Operators in this industry manufacture ready-made meals and dishes that are already seasoned and cooked. Prepared dishes must contain at least two ingredients in addition to seasonings. These meals are preserved, such as in frozen or canned form.
Related Terms
GLUTEN-FREEOWN-LABELCONVENIENCE PRODUCTWhat's included in this industry?
Prepared meat mealsPrepared fish mealsPrepared vegetarian and vegan mealsPrepared pasta dishesOther prepared dishesCompanies
Nomad Foods Europe LtdDr. August Oetker Nahrungsmittel KGNestlé SAIndustry Code
1075 - Manufacture of prepared meals and dishes in Europe
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Performance
Key Takeaways
Vegetarian and vegan diets meals are on the rise
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Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Prepared Meal Production in Europe industry (2011 -2029)
- Employees in the Prepared Meal Production in Europe industry (2011 -2029)
- Business in the Prepared Meal Production in Europe industry (2011 -2029)
- Profit in the Prepared Meal Production in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Prepared Meal Production in Europe industry?
Outlook
Analysis
What's driving the Prepared Meal Production in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Prepared Meal Production in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Prepared Meal Production in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Demand for meat dishes declines as flexitarian diets gain popularity. More and more European consumers are reducing their meat consumption and switching towards more vegetarian and vegan meal choices.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Prepared Meal Production in Europe industry's products and services performing?
Analysis
What are innovations in the Prepared Meal Production in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Prepared Meal Production in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Success in Europe’s meal prep industry is driven by innovation. Companies that consistently offer fresh, unique, and convenient meal options attract more customers, thereby increasing their market share.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 7 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for Nomad Foods Europe Ltd
- Countries of operation for Dr. August Oetker Nahrungsmittel KG
- Countries of operation for Nestlé SA
- Countries of operation for Mars Inc
- Countries of operation for The Kraft Heinz Company
- Countries of operation for Bakkavor Group plc
- Countries of operation for The GB Foods SA
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Strict regulations govern the food market in Europe. Such policies ensure food safety, control nutritional content and maintain high quality standards across the sector.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Prepared Meal Production in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
The prepared meal sector faces tough profitability challenges. Rising food costs and fierce competition from newcomers have squeezed margins, forcing established companies to innovate without significantly raising prices to keep consumers interested.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Prepared Meal Production in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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