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: ETC131477 | Publication Date: Aug 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Myanmar Ready To Eat Food market currently, in 2023, has witnessed an HHI of 8422, Which has increased slightly as compared to the HHI of 5834 in 2017. The market is moving towards Highly concentrated. 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.
Myanmar Ready to Eat Food market is expected to register growth during the forecast period 2020-26F owing to factors such as rising number of working women, higher costs of hiring domestic help, convenience for food preparation and need for less cooking time. Also, several ready to eat food brands are initiating efforts to cater to changing consumer habits along with introduction of nutritiously valuable and affordable ready to eat food products which would further boost the market demand for the product in Myanmar in the upcoming six years.
According to 6Wresearch, Myanmar Ready to Eat Food Market is anticipated to witness growth during the forecast period 2020-26F. Further, in order to address the spread of COVID-19, Myanmar has postponed the acceptance of the arrival of shipments of staple foods and Ready to Eat Food products coupled with complete lockdown in the country which is leading to acute food shortage. COVID-19 has exacerbated the issue, as the country is largely dependent over the external food supply which would lead to a decline in the Myanmar Ready to Eat Food market during the projected period. However, since the COVID spread would take time to slowdown, increased hygiene concerns in the later part of 2020 and beginning of 2021 would offer lucrative growth opportunities to the Myanmar 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 the Myanmar ready to eat food market owing to the rising preference of the consumers towards easy and convenient purchase options. Also, product delivery at doorstep reduces time of visiting the store to make necessary purchase and gaining interest of many Italians and would possess significant expansion opportunities for the growth of the Myanmar ready to eat food market in the coming years.
The Myanmar Ready to Eat Food report thoroughly covers the market by Product Types and by Distribution Channels. Myanmar Ready to Eat Food outlook report provides an unbiased and detailed analysis of the on-going Myanmar 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.
Key Highlights of the Report:
Markets Covered
The Myanmar 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. Myanmar Ready to Eat Food Market Overview |
3.1. Myanmar Ready to Eat Food Market Revenues, 2016-2026F |
3.2. Myanmar Ready to Eat Food Market Revenue Share, By Product Types, 2019 & 2026F |
3.3. Myanmar Ready to Eat Food Market Revenue Share, By Distribution Channels, 2019 & 2026F |
3.4. Myanmar Ready to Eat Food Market Revenue Share, By Countries, 2019 & 2026F |
3.5. Myanmar Ready to Eat Food Market IndMyanmartry Life Cycle |
3.6. Myanmar Ready to Eat Food Market- Porter’s Five Forces |
4. Myanmar Ready to Eat Food Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Myanmar Ready to Eat Food Market Trends |
6. Myanmar Ready to Eat Food Market Overview, By Product Types |
6.1. Myanmar Ready to Eat Food Market Revenues, By Instant Breakfast/Cereals, 2016-2026F |
6.2. Myanmar Ready to Eat Food Market Revenues, By Instant Soups and Snacks, 2016-2026F |
6.3. Myanmar Ready to Eat Food Market Revenues, By Ready Meals, 2016-2026F |
6.4. Myanmar Ready to Eat Food Market Revenues, By Baked Goods, 2016-2026F |
6.5. Myanmar Ready to Eat Food Market Revenues, By Others, 2016-2026F |
6.6. Myanmar Ready to Eat Food Market Revenues, By Meat Products, 2016-2026F |
7. Myanmar Ready to Eat Food Market Overview, By Distribution Channels |
7.1. Myanmar Ready to Eat Food Market Revenues, By Online Retailers, 2016-2026F |
7.2. Myanmar Ready to Eat Food Market Revenues, By Convinieince Stores, 2016-2026F |
7.3. Myanmar Ready to Eat Food Market Revenues, By Hypermarkets/Supermarkets, 2016-2026F |
7.4. Myanmar Ready to Eat Food Market Revenues, By Others, 2016-2026F |
8. Myanmar Ready to Eat Food Market Overview, By Region |
8.1. Myanmar Ready to Eat Food Market Revenues, By Region, 2016-2026F |
8.2. Myanmar Ready to Eat Food Market Volume, By Region, 2016-2026F |
9. Myanmar Ready to Eat Food Market Key Performance Indicators |
10. Myanmar Ready to Eat Food Market Opportunity Assessment |
10.1. Myanmar Ready to Eat Food Market, Opportunity Assessment, By Product Types, 2025F |
10.2. Myanmar Ready to Eat Food Market, Opportunity Assessment, By Region, 2025F |
11. Myanmar Ready to Eat Food Market Competitive Landscape |
11.1. Myanmar Ready to Eat Food Market Competitive Benchmarking, By Product |
11.2. Myanmar Ready to Eat Food Market Revenue Share, By Company, 2019 |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |