US Ready Meal Trays Market Overview
The US Ready Meal Trays Market Size was estimated at 208.49 (USD Million) in 2023. The US Ready Meal Trays Industry is expected to grow from 250(USD Million) in 2024 to 540 (USD Million) by 2035. The US Ready Meal Trays Market CAGR (growth rate) is expected to be around 7.252% during the forecast period (2025 - 2035).
Key US Ready Meal Trays Market Trends Highlighted
The US Ready Meal Trays Market is currently experiencing significant trends driven by various consumer preferences and lifestyles. One major driver is the increasing demand for convenience, as busy consumers seek quick meal solutions that do not compromise on quality. The rise of dual-income households and time constraints has contributed to this shift, pushing manufacturers to innovate and offer diverse meal options that cater to different dietary needs.
There is also a notable trend towards healthier meal choices, with consumers preferring ready meals that incorporate fresh ingredients and balanced nutrition. The popularity of plant-based diets has led to a surge in vegetarian and vegan meal trays, representing an important opportunity for brands to capture market share by aligning their offerings with evolving dietary trends.
Furthermore, sustainability is becoming a key focus, influencing both packaging innovations and food sourcing practices within the US market. Consumers are increasingly aware of environmental issues, prompting manufacturers to explore eco-friendly packaging options and responsibly sourced ingredients. This trend not only appeals to environmentally conscious customers but also enhances brand loyalty.
Technological advancements have also played a significant role in the sector, with e-commerce becoming an essential sales channel. The growing trend of online shopping allows manufacturers to reach a wider audience, particularly as consumers become more comfortable purchasing groceries from home. Overall, while the US Ready Meal Trays Market continues to evolve, there are abundant opportunities to expand offerings that meet consumer demands for convenience, health, sustainability, and accessibility.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
US Ready Meal Trays Market Drivers
Increasing Demand for Convenience Foods
The rising pace of life in the United States has led to a significant increase in the demand for convenience foods, including ready meal trays. According to the United States Department of Agriculture, the number of single-person households is continually growing and is projected to be around 35% of all households by 2030.
Consumers, particularly millennials and busy professionals, prefer ready-to-eat meal solutions that save time on meal preparation. Established organizations like the Food and Drug Administration have also noted that the shift toward convenience in food preparation has been a crucial trend in consumer behavior, influencing the US Ready Meal Trays Market Industry to rapidly evolve and expand.
This tendency towards convenience is expected to significantly boost market growth as more individuals opt for ready meal trays instead of cooking traditional meals from scratch.
Health-Conscious Eating Trends
There is a notable trend toward healthier eating habits among consumers in the United States. Research published by the Centers for Disease Control and Prevention shows that 45% of adults aim to incorporate more nutritious food options into their diets, leading to a higher demand for health-oriented ready meal trays.
Companies within the US Ready Meal Trays Market Industry are innovating to offer meals that include organic ingredients, are lower in sodium and preservatives, and cater to specific dietary needs such as gluten-free or vegan options. This response to consumer preferences is driving growth in the market as organizations work to align their products with emerging dietary trends.
Technological Advancements in Food Packaging
The evolution of food packaging technology is transforming how ready meal trays are produced and presented. The Food Packaging Technology Association has indicated that advances in packaging materials and processes have improved shelf life and consumer safety, which is particularly pertinent in a post-pandemic context where consumers are increasingly mindful of hygiene and food security.
The introduction of smart packaging solutions that provide real-time freshness information is also becoming attractive to consumers, which adds value to the US Ready Meal Trays Market Industry. As technology continues to advance, it enables businesses to improve product quality and appeal.
Growing E-commerce and Delivery Services
The surge in e-commerce and food delivery services within the United States is significantly impacting the US Ready Meal Trays Market Industry. Data from the U.S. Census Bureau revealed that online sales for food and beverage have increased by over 20% in the previous years, reflecting changing consumer behavior, especially after the COVID-19 pandemic.
Many established companies have leveraged platforms such as Amazon and local delivery services to distribute ready meal trays directly to consumers' doorsteps, making it more convenient for individuals to access these products. This changing retail landscape is crucial for the growth of market players, as it expands their reach to a broader customer base.
US Ready Meal Trays Market Segment Insights
Ready Meal Trays Market Type Insights
The US Ready Meal Trays Market has been undergoing significant transformation, particularly within the Type segment, which includes offerings such as Portioned Trays and Perforated Trays. These two types of meal trays cater to the evolving consumer preferences towards convenience and healthy eating. Portioned Trays have gained traction as they allow consumers to manage their dietary intake more effectively, making them popular amongst health-conscious individuals who seek to control portion sizes without sacrificing flavor or variety.
This trend has become even more relevant as the US population increasingly focuses on balanced diets and wellness, contributing to the rising demand for meals that promote healthier lifestyles. On the other hand, Perforated Trays offer practicality and flexibility, often utilized in meal preparation and service in various food establishments, including restaurants and catering services.
These trays are designed to allow for even heat distribution and are increasingly favored by consumers due to their versatility in accommodating various cooking methods. This adaptability is essential in a fast-paced market, where consumers seek both quality and convenience in their dining experiences. Moreover, the rise in single-person households and the busy lifestyles of many Americans continue to drive growth in the Ready Meal Trays Market.
As people increasingly look for quick and efficient meal solutions that do not compromise on quality, both Portioned Trays and Perforated Trays present viable options. With the emphasis on ease of use and the ability to serve meals tailored to individual preferences, these types of trays are positioned to play an essential role in the overall market.
Additionally, the expansion of online grocery shopping and meal kit services in the US has also bolstered the demand for these meal tray types. This shift in purchasing behavior has driven significant changes in the food and beverage industry, wherein consumers value the convenience of having ready-to-eat meals that are also easily stored and heated.
As a result, the US Ready Meal Trays Market is seeing an increasing focus on sustainable packaging materials and eco-friendly options, aligning with broader societal trends towards environmental consciousness. This commitment to sustainability will likely impact the design and functionality of both Portioned and Perforated Trays in the near future.
In summary, the US Ready Meal Trays Market, particularly within the Type segment, exhibits a strong growth trajectory driven by changing consumer habits and preferences. The importance of Portioned and Perforated Trays within this market demonstrates how these products meet the demands for convenience, health-conscious choices, and sustainability, reflecting broader trends within US consumer behavior.
As the market continues to evolve, these types of meal trays are expected to remain at the forefront of innovation and consumer engagement.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Ready Meal Trays Market Material Insights
The Material segment in the US Ready Meal Trays Market is characterized by a variety of materials including Polypropylene, CPET, Aluminum, and Others, each playing a crucial role in the market's growth. Polypropylene is known for its lightweight and microwave-safe properties, making it a preferred choice among consumers looking for convenience and safety in food packaging.
CPET, or crystallized polyethylene terephthalate, offers excellent thermal stability and is widely used for its ability to withstand both high and low temperatures, which is vital for ready meal applications. Aluminum provides an excellent moisture barrier and has a long-standing reputation for preserving food quality, contributing to its steady demand in the market.
The emergence of the Other category comprises various innovative materials designed to enhance functionality and sustainability, aligning with consumer preferences for eco-friendly options. The growing trend towards healthier eating and convenience foods drives the preference for these materials, creating opportunities for manufacturers to innovate and meet evolving consumer needs while ensuring optimal food safety and quality in the US market.
Ready Meal Trays Market End Use Insights
The US Ready Meal Trays Market by End Use is characterized by a diverse range of applications, catering to various consumer demands. The Quick Service Restaurants (QSR) segment plays a vital role in the market, driven by the fast-paced lifestyle of consumers seeking convenient dining options. Full-Service Restaurants (FSR) also significantly contribute, emphasizing the growing trend of takeout and delivery services that have changed consumer behavior. Transportation Catering Services are crucial for offering ready meal trays to travelers, enhancing convenience during journeys, while Institutional Catering Services meet the needs of educational and healthcare facilities, fostering nutritious meal options for large populations.Retail Sales represent a growing opportunity, providing consumers access to a variety of ready meal tray options in supermarkets and grocery stores. The segmentation reflects the evolving preferences of consumers for ready-to-eat meals, supported by busy lifestyles and the demand for quality food on-the-go. Major trends indicate an increasing focus on health-conscious and sustainable meal choices across all segments, influencing product offerings and market dynamics.
US Ready Meal Trays Market Key Players and Competitive Insights:
The US Ready Meal Trays Market has been witnessing significant growth, driven by changing consumer lifestyles and an increasing demand for convenience food options. As busy people seek quick meal solutions, the competition among various companies intensifies, with major players striving to differentiate their offerings through innovation, quality, and packaging. This market caters primarily to consumers who prioritize convenience without compromising on taste or nutritional value. Competitive insights reveal a landscape where companies leverage brand loyalty, diverse product ranges, and effective distribution strategies. The presence of both established brands and emerging players creates a dynamic environment, requiring companies to continuously adapt to evolving consumer preferences and market trends.Hormel Foods has established a strong presence in the US Ready Meal Trays Market, leveraging its extensive portfolio and brand recognition. Known for emphasizing quality ingredients and flavorful options, Hormel Foods effectively targets busy consumers looking for ready-to-eat meals that cater to various dietary needs. The company's strengths lie in its wide distribution network and strategic partnerships, enhancing its reach across multiple retail channels. Additionally, Hormel Foods consistently focuses on product innovation, introducing new flavors and healthier options that appeal to modern consumers. The company’s commitment to sustainability and responsible sourcing also strengthens its position, aligning with the growing consumer demand for ethically produced food items.Buitoni has carved out a notable space within the US Ready Meal Trays Market by offering a range of high-quality, Italian-inspired meal solutions that resonate with consumers seeking authentic and flavorful dining experiences. The company is well-known for its pasta dishes, sauces, and ready meal trays that cater to American palates. Buitoni's strengths lie in its focus on fresh, quality ingredients and the ability to create distinctive flavors that stand out in a competitive market. The brand's strategic marketing efforts and partnerships with key retailers enhance its visibility and accessibility to consumers. Notably, Buitoni has pursued mergers and acquisitions to expand its product offerings and enhance its market presence, further solidifying its reputation as a go-to brand for ready meal options in the United States.
Key Companies in the US Ready Meal Trays Market Include:
- Hormel Foods
- Buitoni
- The Kraft Heinz Company
- Schwann's Company
- Marie Callender's
- Tyson Foods
- Nestle
- Conagra Brands
- Parker Foods
- Prepared Meals
- Healthy Choice
- McCain Foods
- Amy's Kitchen
- Pinnacle Foods
- General Mills
US Ready Meal Trays Market Industry Developments
The US Ready Meal Trays Market has seen notable developments recently, with companies such as Hormel Foods and Conagra Brands reporting increased demand for convenient meal solutions, influenced by busy lifestyles and a growing preference for at-home dining. In September 2023, Tyson Foods announced an expansion in its ready-meal offerings, aiming to capture a larger share of the health-conscious consumer segment with innovative recipes. Additionally, in July 2023, Nestle launched a new line of frozen meals under the Healthy Choice brand, emphasizing healthy ingredients and sustainability, responding to consumer demand for nutritious ready meals. In the merger and acquisition landscape, The Kraft Heinz Company acquired a significant stake in a plant-based meal startup in August 2023, indicating a strategic shift toward incorporating more health-oriented products within its portfolio. The market valuation of major companies like Amy's Kitchen and Pinnacle Foods has been positively impacted as consumer preferences shift toward ready meals that are not only convenient but also cater to dietary restrictions. Over the past two years, the market has witnessed robust growth, underscoring the increasing acceptance of ready meals as staple options for US households amid changing dining habits.
US Ready Meal Trays Market Segmentation Insights
Ready Meal Trays Market Type Outlook
- Portioned Trays
- Perforated Trays
Ready Meal Trays Market Material Outlook
- Polypropylene
- CPET
- Aluminum
- Others
Ready Meal Trays Market End Use Outlook
- QSR
- FSR
- Transportation Catering Services
- Institutional Catering Services
- Retail Sales
Report Attribute/Metric Source: |
Details |
MARKET SIZE 2018 |
208.49(USD Million) |
MARKET SIZE 2024 |
250.0(USD Million) |
MARKET SIZE 2035 |
540.0(USD Million) |
COMPOUND ANNUAL GROWTH RATE (CAGR) |
7.252% (2025 - 2035) |
REPORT COVERAGE |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
BASE YEAR |
2024 |
MARKET FORECAST PERIOD |
2025 - 2035 |
HISTORICAL DATA |
2019 - 2024 |
MARKET FORECAST UNITS |
USD Million |
KEY COMPANIES PROFILED |
Hormel Foods, Buitoni, The Kraft Heinz Company, Schwann's Company, Marie Callender's, Tyson Foods, Nestle, Conagra Brands, Parker Foods, Prepared Meals, Healthy Choice, McCain Foods, Amy's Kitchen, Pinnacle Foods, General Mills |
SEGMENTS COVERED |
Type, Material, End Use |
KEY MARKET OPPORTUNITIES |
Health-conscious meal options, Sustainable packaging solutions, Customizable meal preferences, Growing e-commerce distribution, Expansion in plant-based offerings |
KEY MARKET DYNAMICS |
growing demand for convenience, increasing health awareness, rising disposable income, busy lifestyles, advancements in packaging technology |
COUNTRIES COVERED |
US |
Frequently Asked Questions (FAQ) :
The US Ready Meal Trays Market is projected to be valued at 250.0 million USD in 2024.
By 2035, the US Ready Meal Trays Market is expected to reach a valuation of 540.0 million USD.
The market is expected to grow at a CAGR of 7.252% between 2025 and 2035.
Portioned Trays are valued at 150.0 million USD in 2024.
Perforated Trays are projected to reach a market value of 200.0 million USD by 2035.
Major players in the market include Hormel Foods, The Kraft Heinz Company, and Nestle.
Key trends include increasing convenience demand and a focus on healthier meal options.
The market confronts challenges such as rising ingredient costs and competition from fresh meal alternatives.
Portioned Trays are anticipated to dominate the market due to their convenience and portion control benefits.
Regional urbanization and busy lifestyles in the U.S. significantly contribute to the market's growth.