In 2023, France held the dominant position in the European Prepared Meals market at 39.48 billion euros, followed by the United Kingdom and Italy with 26.5 and 12.73 billion euros, respectively. Spain and Finland showed strong growth rates at 2.76% and 3.06% year-on-year. Notably, Sweden experienced an impressive surge of 8.09%, reflecting an increasing appetite for prepared meals. Conversely, Croatia and Lithuania saw slight declines at -0.76% and -0.82%, respectively, indicating market contractions.
Future trends to watch include the continued expansion of convenience foods driven by busy lifestyles, increasing health consciousness influencing the development of healthier meal options, and a growing demand for sustainable packaging solutions. The market is expected to see technological advancements in food preservation and innovative product offerings to cater to diverse consumer preferences across Europe.
Top countries in Prepared Meals Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 39.48 | 2023 | +4.24% | +2.81% | View data |
| 2 | 2 United Kingdom | 26.5 | 2023 | +0.92% | +0.74% | View data |
| 3 | 3 Italy | 12.73 | 2023 | +0.28% | +0.29% | View data |
| 4 | 4 Spain | 8.43 | 2023 | +4.82% | +2.76% | View data |
| 5 | 5 Finland | 3.7 | 2023 | +2.55% | +3.06% | View data |
| 6 | 6 Sweden | 3.66 | 2023 | +6.23% | +8.09% | View data |
| 7 | 7 Belgium | 3.15 | 2023 | +3.32% | +4.05% | View data |
| 8 | 8 Portugal | 0.69 | 2023 | -1.92% | +0.24% | View data |
| 9 | 9 Hungary | 0.44 | 2023 | -0.5% | -2.46% | View data |
| 10 | 10 Estonia | 0.39 | 2023 | +5.4% | +1.17% | View data |
