Ready-to-Eat Meals Market Revenue, Regional Growth and Outlook Across by 2030
Market Overview Ready-to-Eat Meals Market 2020 can potentially garner a strong valuation of USD 150 billion by 2024, claims Market Research Future (MRFR). MRFR also anticipates the market to procure a significant CAGR of close to 10.5% over the forecast period (2019–2024). We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak. Primary Drivers and Challenges The COVID-19 outbreak resulted in massive panic worldwide, with the lockdown leading to shut down of retail stores to curb the spread of the pandemic. This led to stockpiling of foods that have extended shelf life, such as ready-to-eat meals like salads, rice & noodles, pasta & pizzas, soups and gravies & curries. However, SARS-CoV-2 has still managed to slow down the growth of the food and beverage industry due to the scarcity in labor. Some other challenges posed by the novel coronavirus include movement restrict...