Prepared Meals Production in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Prepared Meals Production Market Research Report | Consumer Goods & Services | Food Production | Jul 2015

Healthy eating: Industry growth is driven by niche options catering to health-conscious consumers

IBISWorld’s Prepared Meals Production market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Lite n' Easy Lite n' Easy market share
McCain Foods McCain Foods market share
Simplot Australia Simplot Australia market share
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

The Prepared Meals Production industry has grown over the past five years, supported by several favourable consumer trends. Convenient and competitively priced goods have continued to be favoured by time-poor consumers, especially those living alone. Health consciousness and premiumisation have also helped boost the industry's appeal, with the increasing popularity of low-fat prepared meals and high-value, pre-cooked and pre-marinated meat varieties. As a result, over the five years through 2015-16, industry revenue is forecast to increase at an annualised 3.6%. Despite these favourable conditions, the industry continues to face tough competition from substitute products such as takeaway foods and fast-food restaurants... purchase to read more

Industry Report - Starting a New Business Chapter

The industry has moderate barriers to entry and the trend is steady. The greatest barrier for prospective entrants is the cost of establishing production facilities. The majority of food producing industries have moved towards automated production over the past decade to reduce labour costs. The industry's relatively high reliance on labour to produce popular high-value premium products also presents a barrier to potential entrants. New businesses must have access to knowledgeable personnel to enable production of these in-demand, high-value products. Stringent food regulations can also present a barrier to entry... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Prepared Meals Production Industry?

Firms in this industry primarily manufacture prepared meals, which usually require only heating for service. Firms cook purchased ingredients, package the final product and sell it to grocery wholesalers, supermarkets and other food outlets.

Industry Products
Pasta-based prepared mealsMeat-based prepared mealsSpecialty prepared mealsOther prepared meals
Industry Activities
Prepared meal productionContract prepared meal productionSpecialty meal production

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