Dear Protecto,
From my industry reading it seems that the prepared prepackaged
refrigerated food segment was estimated to be $9.5 billion in 2001,
and expected to exceed $12 billion dollars, as cited below.
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While category sales in supermarkets reached an estimated $9.5
billion in 2001, the report predicts they will surpass $12 billion in
the next three years. "As new products introduced in the produce and
meat departments gain increasing penetration and consumer acceptance,
the portion of retail sales sold from full- and self-service deli
departments is likely to diminish," says Casey Roberts, v.p. of market
research for Food Spectrum and the stud/s primary author.
.
Prepared refrigerated food products, as defined in the report, fall
into two major market segments. The first consists of entrees, kits,
and components, which include heat-and-eat, ready-to-eat, and
ready-to-cook main meal products designed for lunch and dinner.
Falling into this segment are entrees and dinners; value-added meats
and poultry; pizza; prepackaged lunch kits; flat and filled
refrigerated pasta; and sauce, gravy and marinade products.
The second segment encompasses fully prepared salads and value-added
produce.
Categories anticipated to show the highest rates of growth are:
prepackaged, prepared salad products; prepackaged, value-added meats
and poultry; and value-added produce, according to Roberts, whose
report estimates that delis will account for 38.8 percent of
supermarket sales of prepared refrigerated food in 2005, down from
42.2 percent in 2001.
Forecast for sales of prepared refrigerated foods through U.S.
supermarkets.
2005 sales 2000-2005
($ millions) CARG *
Value-added meats & poultry $2,068 8.8%
Value-added produce 5,220 8.4
Entrees and dinners 1,485 5.4
Prepared salads 2,305 5.1
Sauces 138 2.9
Lunch kits 777 2.7
Pasta 127 -2.6
Prepackaged pizzas 93 -5.7
Total $12,213 6.6%
* Compound annual rate of growth
Source: Progressive Grocer, Meals on the move: new products help the
produce and meat departments eat into the deli's sales of refrigerated
foods, a report finds.; Discussion of the market for prepared
refrigerated foods in supermarkets, page 51(4), August 01, 2002
If you need clarification to this answer, please let me know.
Claudietta |