![]() ![]() Owing to hectic schedules, there is widespread adoption of on-the-go convenience food products that require minimal time and ingredients to prepare. Furthermore, the increasing working population and improving consumer lifestyles have enhanced the consumption of RTE food products across the globe. The growing food and beverage industry, along with rapid urbanization, is one of the key factors driving the growth of the market. They offer immense convenience to the consumer while assisting in reducing the meal preparation time and providing longer shelf-life of the products, cost-efficiency and minimal spoilage and wastage. These products are enriched with various extracts, acids, flavors, sweeteners, antioxidants and preservatives. Some of the common types of RTE foods include meat products, shelf-stable foods, powder mixes, baked goods, desserts, cheese and dairy products. The ingredients are washed, cooked, processed, frozen and packed in containers for direct consumption. Ready to eat (RTE) food products consist of various processed and packaged foods that can be consumed without any further preparation. These insights are included in the report as a major market contributor. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. The global ready to eat (RTE) food market is expected to exhibit a CAGR of 4.8% during 2022-2027.
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