Meals and soups offers further growth potential over the forecast period in Australia and presents numerous future opportunities. The entry of new players, with a specific focus on organic and sustainable options, is anticipated to drive innovation and expansion within the category.
Sustainability is likely to come to the fore in meals and soups in the coming years. This shift is in response to evolving consumer preferences and a growing awareness of their environmental impact in the choices they make.
Heading into the forecast period, meals and soups in Australia is poised for further development. For instance, the leading distribution channel for food kits is e-commerce, with players utilising their own websites to offer subscriptions and door-to-door delivery services.
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Understand the latest market trends and future growth opportunities for the Meals and Soups industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Meals and Soups industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Meals and Soups
This is the aggregation of ready meals, pizza, food kits, prepared salads, and soup. Includes: These are products that have had recipe 'skills' added to them by the manufacturer, resulting in a high degree of readiness, completion and convenience. Food kits is an exception where typically the extent of preparation is much shorter than other meal products; includes meal kits where consumers are to put together pre-portioned ingredients and cook with the guidance of recipe cards. Ready meals are generally accepted to be complete meals that require few or no extra ingredients. However, in the case of shelf stable ready meals, the term also encompasses meal 'centres’; for food kits, they do require a degree of cooking and preparation. As such, some meals may require cooking (ready-to-cook); others may simply need reheating, prior to serving (ready-to-eat). Excludes: Any products sold unpackaged and/or by weight, including food sold from a retail deli counter.
See All of Our DefinitionsThis report originates from Passport, our Meals and Soups research and analysis database.
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