The price per unit is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the indicator reaches the maximum value for all two different segments at the end of the comparison period. Particularly noteworthy is the segment Ready-to-Eat Meals, which has the highest value of 13.9 U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
The Convenience Food segment 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 segment consists of two different subsegments:
The Ready-to-Eat Meals segment covers products that require minimal preparation by the consumer, i.e., meals that only require heating up.
The Soups segment 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. (June 18, 2024). Average price per unit (PPU) in the Convenience Food market for different segments Iceland from 2019 to 2029 [Graph]. In Statista. Retrieved September 28, 2024, from https://www.statista.com/forecasts/1444098/average-price-per-unit-ppu-convenience-food-market-for-different-segments-iceland
Statista Market Insights. "Average price per unit (PPU) in the Convenience Food market for different segments Iceland from 2019 to 2029." Chart. June 18, 2024. Statista. Accessed September 28, 2024. https://www.statista.com/forecasts/1444098/average-price-per-unit-ppu-convenience-food-market-for-different-segments-iceland
Statista Market Insights. (2024). Average price per unit (PPU) in the Convenience Food market for different segments Iceland from 2019 to 2029. Statista. Statista Inc.. Accessed: September 28, 2024. https://www.statista.com/forecasts/1444098/average-price-per-unit-ppu-convenience-food-market-for-different-segments-iceland
Statista Market Insights. "Average Price per Unit (Ppu) in The Convenience Food Market for Different Segments Iceland from 2019 to 2029." Statista, Statista Inc., 18 Jun 2024, https://www.statista.com/forecasts/1444098/average-price-per-unit-ppu-convenience-food-market-for-different-segments-iceland
Statista Market Insights, Average price per unit (PPU) in the Convenience Food market for different segments Iceland from 2019 to 2029 Statista, https://www.statista.com/forecasts/1444098/average-price-per-unit-ppu-convenience-food-market-for-different-segments-iceland (last visited September 28, 2024)
Average price per unit (PPU) in the Convenience Food market for different segments Iceland from 2019 to 2029 [Graph], Statista Market Insights, June 18, 2024. [Online]. Available: https://www.statista.com/forecasts/1444098/average-price-per-unit-ppu-convenience-food-market-for-different-segments-iceland