Comparing the 25 selected regions regarding the revenue in the 'Convenience Food' segment of the food market, China is leading the ranking (138.2 billion U.S. dollars) and is followed by Japan with 67.6 billion U.S. dollars. At the other end of the spectrum is Australia with 3.7 billion U.S. dollars, indicating a difference of 134.5 billion U.S. dollars to China.
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. (December 3, 2024). Revenue of the convenience food market worldwide by country in 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/forecasts/758684/revenue-of-the-convenience-food-market-worldwide-by-country
Statista. "Revenue of the convenience food market worldwide by country in 2023 (in million U.S. dollars)." Chart. December 3, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/forecasts/758684/revenue-of-the-convenience-food-market-worldwide-by-country
Statista. (2024). Revenue of the convenience food market worldwide by country in 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/forecasts/758684/revenue-of-the-convenience-food-market-worldwide-by-country
Statista. "Revenue of The Convenience Food Market Worldwide by Country in 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 3 Dec 2024, https://www.statista.com/forecasts/758684/revenue-of-the-convenience-food-market-worldwide-by-country
Statista, Revenue of the convenience food market worldwide by country in 2023 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/758684/revenue-of-the-convenience-food-market-worldwide-by-country (last visited December 22, 2024)
Revenue of the convenience food market worldwide by country in 2023 (in million U.S. dollars) [Graph], Statista, December 3, 2024. [Online]. Available: https://www.statista.com/forecasts/758684/revenue-of-the-convenience-food-market-worldwide-by-country