According to the “Frozen Ready-Meal Market” report by Future Market Insights (FMI), the global frozen ready-meal market is set to grow at a CAGR of 8.2% and a value of $89.7 billion by 2032.
In recent years, ready-to-eat (RTE) food has emerged as one of the most diverse segments of the worldwide ready-meal market. A rise in convenience patterns as well as a simultaneous increase in need for customized meal options has resulted in a strong desire for frozen packed meals. The frozen food and beverage industry is another option for consumers on the go, with everything from frozen desserts to appetizers and meals available.