21/11/03 –
Britain is set to remain the biggest European market for ready meals, accounting for more than half the total market by 2007, when it will be worth over £5 billion, according to a new report from market analysts Datamonitor.
The report, Consumer Trends in Prepared Meals, shows that the UK is already by far the biggest market in Europe for ready meals, accounting for 49 per cent of all sales. Second-placed France has a mere 20 per cent, followed by Germany with 14 per cent.
Datamonitor said that despite growing consumer concerns relating to health problems, such as the high salt content of many ready meals, growth in the market shows no sign of abating. With Britons working some of the longest hours in Europe, and with increasing disposable incomes allowing them to spend more on leisure time in compensation, ready meals play an important role in catering to cash rich, time poor consumers [Read more…] about Ready meals, accounting for 49 per cent of all sales in UK