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Key regions: Russia, United States, United Kingdom, Canada, India
The Ready-to-Eat Meals market in Oman, within the Convenience Food Market, is experiencing negligible growth influenced by factors such as shifting consumer preferences and slow demand due to the high cost of these meals compared to traditional options.
Customer preferences: The Ready-to-Eat Meals Market of the Convenience Food Market within The Food market in Oman has seen a rise in demand for healthier and more nutritious options. This can be attributed to the growing health consciousness among consumers, especially younger generations. As a result, there has been an increase in the availability of ready-to-eat meals that cater to specific dietary needs, such as gluten-free, vegan, and low-carb options. This trend is also influenced by the growing number of expats in the country, who bring with them diverse cultural and dietary preferences, leading to a wider variety of ready-to-eat meal options in the market.
Trends in the market: In recent years, the Ready-to-Eat Meals Market of the Convenience Food Market within The Food market in Oman has seen a significant increase in demand for healthier and more convenient options. This has led to a rise in the availability of ready-to-eat meals that cater to specific dietary needs such as gluten-free, vegan, and low-calorie options. Additionally, there has been a noticeable trend towards incorporating regional flavors and ingredients into these meals, providing consumers with a taste of local cuisine in a convenient format. This trajectory suggests that there is a growing demand for both healthy and culturally authentic options in the convenience food market, and industry stakeholders should focus on meeting these needs to stay competitive. This could potentially lead to increased partnerships with local food producers and suppliers, as well as the development of more specialized product lines.
Local special circumstances: In Oman, the Ready-to-Eat Meals Market of the Convenience Food Market within The Food market is heavily influenced by the country's location in the Middle East. Due to its proximity to other countries in the region, Oman's cuisine is a fusion of Arab, Indian, and East African flavors. This has led to a unique market for ready-to-eat meals, with a variety of options catering to different cultural tastes. Additionally, the government's focus on promoting healthy eating habits has resulted in the availability of healthier and all-natural options in the market.
Underlying macroeconomic factors: The Ready-to-Eat Meals Market of the Convenience Food Market within The Food market in Oman is also influenced by macroeconomic factors such as the country's economic growth, government policies, and consumer spending habits. With the rise in disposable incomes and the growing trend of urbanization, there has been an increasing demand for convenience food products, including ready-to-eat meals. Additionally, the increasing number of working professionals and busy lifestyles have also contributed to the growth of this market. Furthermore, government initiatives to improve food security and modernize the food industry have also played a crucial role in driving the growth of the ready-to-eat meals market in Oman.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)