What is the expected growth rate of the convenience food market?
The convenience food market is expected to grow at a CAGR of 7.5% from 2024-2031.
What factors are driving the growth of the convenience food market?
Busy lifestyles, rapid urbanization, and growth in disposable income are key factors driving the market.
What is the most popular type of convenience food?
Ready-to-eat meals are the most popular segment due to their ease and convenience.
How is urbanization impacting the convenience food market?
As more people move to cities, the demand for convenient and quick meal options is increasing.