Market Insights Consumer Food Convenience Food

Ready-to-Eat Meals - Sweden

Sweden

Revenue in the Ready-to-Eat Meals market amounts to €1.78bn in 2024. The market is expected to grow annually by 4.70% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€138bn in 2024).
In relation to total population figures, per person revenues of €166.70 are generated in 2024.
In the Ready-to-Eat Meals market, volume is expected to amount to 195.70m kg by 2029. The Ready-to-Eat Meals market is expected to show a volume growth of 3.0% in 2025.
The average volume per person in the Ready-to-Eat Meals market is expected to amount to 16.4kg in 2024.

Key regions: Russia, United States, United Kingdom, Canada, India

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Ready-to-Eat Meals market in Sweden is experiencing minimal growth, influenced by factors such as the convenience of convenience foods, changing consumer preferences, and increasing health consciousness. This trend is expected to continue in the coming years.

Customer preferences: As consumers in Sweden become more health-conscious, there has been a noticeable shift towards healthier options in the Ready-to-Eat Meals Market of the Convenience Food Market within The Food market. This trend is driven by the growing awareness of the negative health impacts of processed and high-calorie foods. Additionally, there has been an increase in demand for plant-based and organic options, as well as a preference for locally sourced ingredients. This reflects the cultural value placed on sustainability and the importance of supporting local producers. Along with this, there has also been a rise in demand for ready-to-eat meals that cater to specific dietary restrictions and preferences, such as gluten-free, vegan, and vegetarian options. These shifts in consumer preferences highlight a growing emphasis on health and wellness in Sweden and a desire for more personalized and sustainable food choices.

Trends in the market: In Sweden, the Ready-to-Eat Meals market is experiencing a surge in demand for healthy and convenient meal options. This trend is driven by an increasing number of consumers prioritizing health and wellness, as well as a growing demand for on-the-go food options. To meet this demand, industry players are introducing more plant-based and organic options, as well as expanding their online and mobile ordering capabilities. This trajectory towards healthier and more convenient meal options has significant implications for industry stakeholders, as it presents opportunities for growth and innovation, but also challenges in terms of meeting consumer expectations and differentiating from competitors.

Local special circumstances: In Sweden, the Ready-to-Eat Meals Market within the Convenience Food Market is heavily influenced by the country's strong sustainability and health-conscious culture. This has led to a demand for organic, locally-sourced and environmentally-friendly options in the market. Additionally, strict government regulations on food labeling and product ingredients have created a unique market environment, with consumers placing a high value on transparency and quality. This has also led to the emergence of niche markets such as gluten-free and plant-based ready-to-eat meals.

Underlying macroeconomic factors: The Ready-to-Eat Meals Market of the Convenience Food Market within The Food market in Sweden is heavily influenced by macroeconomic factors such as consumer spending power, trade policies, and government regulations. The country's stable economic growth and strong investment in the food industry have contributed to the increasing demand for convenient and ready-to-eat meals. Additionally, the growing trend of time-saving and convenient food options among the busy urban population has also been a driving force in the market. However, the recent economic downturn and rising food prices have posed a challenge to the market's growth. Moreover, the government's strict regulations on food safety and labeling have also impacted the market's performance, as manufacturers are required to comply with these standards to ensure consumer trust and market competitiveness.

Methodology

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.