The revenue in the 'Convenience Food' segment of the food market in Italy was forecast to continuously increase between 2024 and 2029 by in total 1.2 billion euro (+19.48 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 7.38 billion euro and therefore a new peak in 2029. Notably, the revenue of the 'Convenience Food' segment of the food market was continuously increasing over the past years.
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. (June 18, 2024). Revenue in the convenience food segment of the food market in Italy between 2019 and 2029 (in billion euros) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/forecasts/1465648/convenience-food-segment-revenue-food-market-italy
Statista. "Revenue in the convenience food segment of the food market in Italy between 2019 and 2029 (in billion euros)." Chart. June 18, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/forecasts/1465648/convenience-food-segment-revenue-food-market-italy
Statista. (2024). Revenue in the convenience food segment of the food market in Italy between 2019 and 2029 (in billion euros). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/forecasts/1465648/convenience-food-segment-revenue-food-market-italy
Statista. "Revenue in The Convenience Food Segment of The Food Market in Italy between 2019 and 2029 (in Billion Euros)." Statista, Statista Inc., 18 Jun 2024, https://www.statista.com/forecasts/1465648/convenience-food-segment-revenue-food-market-italy
Statista, Revenue in the convenience food segment of the food market in Italy between 2019 and 2029 (in billion euros) Statista, https://www.statista.com/forecasts/1465648/convenience-food-segment-revenue-food-market-italy (last visited August 25, 2024)
Revenue in the convenience food segment of the food market in Italy between 2019 and 2029 (in billion euros) [Graph], Statista, June 18, 2024. [Online]. Available: https://www.statista.com/forecasts/1465648/convenience-food-segment-revenue-food-market-italy