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Ready Meal Revamp innovation

May 2024
ABSTRACT
Innova Market Insights data indicates that Ready Meal launches are increasing globally, featuring a 3% compound annual growth rate between 2021 and 2023 launches. In 2023, Standard tray was the leading packaging type, and Plastic was the leading packaging material for Ready Meal launches. One-third... More rightarrow
TOP 3 PACKAGING MATERIALS
  1. Plastic - Not Specified
  2. Carton
  3. Cardboard
MATERIALS ANALYZED
Packaging launches only;
Recyclable
KEY TAKEOUTS
GROWTH/DECLINE IN TRACKED PRODUCT LAUNCHES
+3% (2023 vs 2021)

TOP COMPANY
Aldi

TOP FORMAT
Standard Tray

TOP CLAIM
Recyclable

REGION ANALYZED
Global (Excluding Russia)

DATE ANALYZED
2023 vs 2021

Previous Analysis Features on PackagingInsights.com

Innova Market Insights data indicates that pet food launches were increasing globally, featuring 80% year-over-year growth when comparing 2022 and 2023. In 2023, Standing Pouch (59%) was the leading packaging format, with 74% of products packed in Plastic. Additionally, 19% of these launches had Recyclable claims.
Innova Market Insights data indicates that soft drink launches increased globally, featuring an 11% year-over-year growth when comparing 2022 and 2023. In 2023, Bottle (53%) was the leading packaging format for soft drink launches, and Plastic – Not Specified (26%) was the leading packaging material among soft drink launches.
Innova Market Insights data indicates that F&B launches with recycling claims are increasing globally, featuring a 7% year-over-year growth from October 2021 to September 2023. Most frequently, F&B products were packed in Flat Pouch packaging featuring a recyclable Plastic material. Overall, 40% of launches globally had a Recyclable packaging claim.
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