Market Forecast By Product Types (Instant Breakfast/Cereals, Instant Soups and Snacks, Ready Meals , Baked Goods, Meat Products & Others), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores , Convenience Stores & Others) and competitive landscape
Product Code: ETC003346 | Publication Date: Jul 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Italy Ready To Eat Food market currently, in 2023, has witnessed an HHI of 1391, Which has decreased slightly as compared to the HHI of 2616 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Italy Ready to Eat Food market is expected to register potential growth in the coming years owing to the rising adoption of cook and chill cooking policy by most of the Italians along with increased shelf life of the ready to eat food products which tend to provide easy movability of the product while traveling also and reduces the cooking time. The rising curiosities in recipes and changing needs for the consumers towards short time taking and easy to cook delicacies is instigating potential demand for ready to eat food and would trigger Italy ready to eat food market growth in the coming years.
According to 6Wresearch, Italy Ready To Eat Food Market is anticipated to witness growth during the forecast period 2020-26F. The spread of COVID-19 is anticipated to spur the sales of Ready to Eat Food across the Italy region owing to the rising involvement of the natives towards the procurement of dry food on the back of hygiene concerns. However, a spur in the rapid demand for packed foods as compared to short supply owing to complete lockdown and suspension of the production activities is anticipated to hinder the growth of the Italy Ready to Eat Food market during the year 2020. However, since the COVID spread would take time to slow down, increased hygiene concerns in the latter part of 2020 and the beginning of 2021 would offer lucrative growth opportunities to the Italy Ready to Eat Food market in the coming years.
On the basis of distribution channels, the online sales channels are anticipated to dominate the overall revenues in Italy ready to eat food market owing to the rising preference of the consumers towards easy and convenient purchase options. Also, product delivery at the doorstep reduces the time of visiting the store to make necessary purchases and gaining the interest of many Italians and would possess significant expansion opportunities for the growth of Italy ready to eat food market in the coming years.
The Italy Ready to Eat Food report thoroughly covers the market by Product Types and by Distribution Channels. Italy Ready to Eat Food outlook report provides an unbiased and detailed analysis of ongoing Italy Ready to Eat Food trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Italy Ready to Eat Food market is expected to register growth during the forecast period 2020-26F owing to less cooking time invested in the packed Ready to Eat Food and is increasing the reliance of the natives of Italy towards the adoption of the product. Owing to rising changes in the dietary needs of the natives of Italy and increase in the domestic production of ready to eat foods along with rising concerns for the fulfillment of the nutritional needs of the population in the country is anticipated to provide immense benefits for the growth of Italy ready to eat food market in the coming years. Changing consumer behavior, tight budgets, limited access to fresh foods, escalating needs for hygiene, increase demand for the convenience of cooking by consumers, and rising preferences of the natives towards consumption of healthy food are the potential drivers of Italy Ready to Eat Food market and are expected to trigger the sound market growth in the upcoming six years. On the basis of distribution channels, hypermarkets/supermarkets are expected to witness the highest growth in the coming years on the back of changing packaging formats coupled with the easy availability of exotic foods and cereals.
Italy ready to eat food market is projected to find its true potential underpinned by the rising innovation in processed food which has led to stimulating the population to spend a wide range of ready-to-eat food snacks. The increase in the growth of the restaurant service 24*7 due to an increased out-of-home eating trend is likely to act as a growth driving factor for the ready-to-eat food market. The growth of the expansion of brand franchising in the country has led to attracting a large number of the consumer base at times to have ready-to-eat snacks and is expected to bolster the growth of Italy ready to eat food market in the year ahead.
Key Highlights of the Report:
Markets Covered
The Italy Ready to Eat Food Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Italy Ready to Eat Food Market Overview |
3.1. Italy Ready to Eat Food Market Revenues, 2016-2026F |
3.2. Italy Ready to Eat Food Market Revenue Share, By Product Types, 2019 & 2026F |
3.3. Italy Ready to Eat Food Market Revenue Share, By Distribution Channels, 2019 & 2026F |
3.4. Italy Ready to Eat Food Market Revenue Share, By Countries, 2019 & 2026F |
3.5. Italy Ready to Eat Food Market Industry Life Cycle |
3.6. Italy Ready to Eat Food Market- Porter’s Five Forces |
4. Italy Ready to Eat Food Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Italy Ready to Eat Food Market Trends |
6. Italy Ready to Eat Food Market Overview, By Product Types |
6.1. Italy Ready to Eat Food Market Revenues, By Instant Breakfast/Cereals, 2016-2026F |
6.2. Italy Ready to Eat Food Market Revenues, By Instant Soups and Snacks, 2016-2026F |
6.3. Italy Ready to Eat Food Market Revenues, By Ready Meals, 2016-2026F |
6.4. Italy Ready to Eat Food Market Revenues, By Baked Goods, 2016-2026F |
6.5. Italy Ready to Eat Food Market Revenues, By Others, 2016-2026F |
6.6. Italy Ready to Eat Food Market Revenues, By Meat Products, 2016-2026F |
7. Italy Ready to Eat Food Market Overview, By Distribution Channels |
7.1. Italy Ready to Eat Food Market Revenues, By Online Retailers, 2016-2026F |
7.2. Italy Ready to Eat Food Market Revenues, By Convenience Stores, 2016-2026F |
7.3. Italy Ready to Eat Food Market Revenues, By Hypermarkets/Supermarkets, 2016-2026F |
7.4. Italy Ready to Eat Food Market Revenues, By Others, 2016-2026F |
8. Italy Ready to Eat Food Market Overview, By Region |
8.1. Italy Ready to Eat Food Market Revenues, By Region, 2016-2026F |
8.2. Italy Ready to Eat Food Market Volume, By Region, 2016-2026F |
9. Italy Ready to Eat Food Market Key Performance Indicators |
10. Italy Ready to Eat Food Market Opportunity Assessment |
10.1. Italy Ready to Eat Food Market, Opportunity Assessment, By Product Types, 2025F |
10.2. Italy Ready to Eat Food Market, Opportunity Assessment, By Region, 2025F |
11. Italy Ready to Eat Food Market Competitive Landscape |
11.1. Italy Ready to Eat Food Market Competitive Benchmarking, By Product |
11.2. Italy Ready to Eat Food Market Revenue Share, By Company, 2019 |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |