Over the last two observations, the price per unit is forecast to significantly increase in all segments. This reflects the overall trend throughout the entire forecast period from 2019 to 2029. It is estimated that the price per unit is continuously rising in all segments. In this regard, the Ready-to-Eat Meals segment achieves the highest value of 15.34 U.S. dollars in 2029.
Data provided by Statista Market Insights are estimates.
Definition:
The Convenience Food market covers any form of pre-packaged or prepared food that is intended to be simple to prepare or consume quickly, requiring little to no cooking or other preparation. Examples include ready-to-eat meals, frozen dinners, and soups. The focus of these meals is less on quality and nutrition and more on convenience and accessibility.
Structure:
The market consists of two different submarkets:
The Ready-to-Eat Meals market covers products that require minimal preparation by the consumer, i.e., meals that only require heating up.
The Soups market covers finished products such as powders for making soup (instant soups), and broth or liquid soups that are purchased in prepared form (tinned soups).
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista Market Insights. (December 3, 2024). Average price per unit (PPU) in the Convenience Food market for different segments Luxembourg from 2019 to 2029 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/forecasts/1444002/average-price-per-unit-ppu-convenience-food-market-for-different-segments-luxembourg
Statista Market Insights. "Average price per unit (PPU) in the Convenience Food market for different segments Luxembourg from 2019 to 2029." Chart. December 3, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/forecasts/1444002/average-price-per-unit-ppu-convenience-food-market-for-different-segments-luxembourg
Statista Market Insights. (2024). Average price per unit (PPU) in the Convenience Food market for different segments Luxembourg from 2019 to 2029. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/forecasts/1444002/average-price-per-unit-ppu-convenience-food-market-for-different-segments-luxembourg
Statista Market Insights. "Average Price per Unit (Ppu) in The Convenience Food Market for Different Segments Luxembourg from 2019 to 2029." Statista, Statista Inc., 3 Dec 2024, https://www.statista.com/forecasts/1444002/average-price-per-unit-ppu-convenience-food-market-for-different-segments-luxembourg
Statista Market Insights, Average price per unit (PPU) in the Convenience Food market for different segments Luxembourg from 2019 to 2029 Statista, https://www.statista.com/forecasts/1444002/average-price-per-unit-ppu-convenience-food-market-for-different-segments-luxembourg (last visited December 23, 2024)
Average price per unit (PPU) in the Convenience Food market for different segments Luxembourg from 2019 to 2029 [Graph], Statista Market Insights, December 3, 2024. [Online]. Available: https://www.statista.com/forecasts/1444002/average-price-per-unit-ppu-convenience-food-market-for-different-segments-luxembourg