Ready-to-Eat Meals - Kazakhstan

Kazakhstan

Highlights

Revenue in the Ready-to-Eat Meals market amounts to US$2.61bn in 2024. The market is expected to grow annually by 8.01% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$149bn in 2024).
In relation to total population figures, per person revenues of US$131.70 are generated in 2024.
In the Ready-to-Eat Meals market, volume is expected to amount to 527.50m kg by 2029. The Ready-to-Eat Meals market is expected to show a volume growth of 4.9% in 2025.0.
The average volume per person in the Ready-to-Eat Meals market is expected to amount to 22.4kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Ready-to-Eat Meals Market in Kazakhstan is experiencing subdued growth due to factors such as low consumer awareness, limited availability of convenient options, and traditional food preferences. Despite these challenges, the Convenience Food Market in Kazakhstan shows potential for growth as more consumers prioritize convenience and seek out healthier options.

Customer preferences: With the hectic pace of modern life, there is a growing demand for convenient and healthy meal options among consumers in Kazakhstan. As a result, there has been a rise in the popularity of ready-to-eat meals, especially among busy professionals and students. This trend is also fueled by the increasing influence of Western culture, which has introduced a variety of international cuisine options in the country. Additionally, the rising number of single-person households and working mothers has also contributed to the demand for convenient and easy-to-prepare meals.

Trends in the market: In Kazakhstan, the Ready-to-Eat Meals Market of the Convenience Food Market within The Food market is seeing a rise in demand for healthier and more diverse options. This trend is driven by consumers' growing concern for health and wellness, as well as their busy lifestyles. As a result, there is an increasing availability of organic, plant-based, and international cuisine options in the market. This trend is expected to continue, with the potential for further innovation in packaging and delivery methods. Industry stakeholders must stay updated on these trends to remain competitive and cater to evolving consumer preferences.

Local special circumstances: In Kazakhstan, the Ready-to-Eat Meals Market within the Convenience Food Market of The Food market is heavily influenced by the country's nomadic traditions and fast-paced lifestyle. The vast geographical landscape and harsh weather conditions also contribute to the popularity of convenient, ready-to-eat meals. Additionally, the government's efforts to promote foreign investment and modernization have led to the introduction of a variety of international ready-to-eat meal options in the market.

Underlying macroeconomic factors: The growth of the Ready-to-Eat Meals Market of the Convenience Food Market within The Food market is influenced by various macroeconomic factors in Kazakhstan. The country's economic health, as well as global economic trends, play a significant role in shaping the market. Fiscal policies and other financial indicators such as inflation, unemployment rates, and consumer spending also impact the performance of the market. Additionally, factors such as changing lifestyles, increasing urbanization, and rising disposable incomes are driving the demand for convenient and ready-to-eat meals in Kazakhstan. Furthermore, the government's initiatives to promote and support the food industry, coupled with the growing awareness about healthy eating, are expected to contribute to the market's growth in the coming years.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.