Microwavable Foods Market to Reach $75.4 Billion by 2010 According to New Report by Global Industry Analysts Inc.



World microwavable foods market (http://www.strategyr.com/Microwavable_Foods_Market_Report.asp) is forecast to reach $75.4 billion by the end of the decade, as stated in a recent report published by Global Industry Analysts, Inc. Increase in the number of workingwomen and changing trends in ethnicity have led to greater indulgence in microwave cooking. Of the major trends influencing the industry, the most effectual is consumers with time constraints who are on the lookout for easy meal solutions. Taste, food quality and convenience are fetching factors for this market. Consumer lifestyle has been and continues to be the crux behind product innovation/development efforts. Consumption of foods designed specifically for microwave cooking, is projected to grow in view of product innovations corresponding to changing lifestyles and eating habits.

United States and Europe constitute the two largest markets for microwavable foods , together accounting for an estimated share of over 50% in 2008. Auguring success, microwavable foods in the freezer section stands poised to scale propitious business conditions to new heights. Frozen microwavable foods market (http://www.strategyr.com/Microwavable_Foods_Market_Report.asp) stands out as the single largest category, with an estimated lion's share of 80.6% of the global market for 2008.

Chilled Microwavable Foods market (http://www.strategyr.com/Microwavable_Foods_Market_Report.asp) in the United States is estimated at $2.2 billion for 2008. United Kingdom stands out as the largest market for microwavable foods in Europe. Shelf Stable Microwavable Foods market (http://www.strategyr.com/Microwavable_Foods_Market_Report.asp) in the region is projected to reach $307 million by 2010. Tuning in to the era of convenience foods and microwave cooking is the Asia-Pacific market, where demand for microwavable foods is set to traverse an upbeat path. Microwavable foods market in Asia-Pacific is projected to exceed $9.0 billion by 2010.

Leading players profiled in the report include Beech-Nut Nutrition Corporation, Bellisio Foods, Inc., Birds Eye Foods, Inc, Campbell Soup Company, ConAgra Foods, Inc., General Mills, Inc., Golden Circle Ltd, Gunnar Dafgrd AB, H. J. Heinz, Hormel Foods, Kellogg Company, Knorr Soups, Kraft Foods, Inc., McCain Foods, Nestle SA, Pinnacle Foods Group, Inc., The Schwan Food Company, and Windsor Frozen Foods.

The report titled "Microwavable Foods: A Global Strategic Business Report" published by Global Industry Analysts, Inc. discusses the prevailing trends, issues, demand forecasts, and activities that affect the industry. The microwavable foods market is analyzed in US$ Million by the following geographic regions - United States, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East, and Latin America. The study also enumerates recent developments, mergers, acquisitions, and other strategic industry activity.

For more details about this research report, please visit http://www.strategyr.com/Microwavable_Foods_Market_Report.asp.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) (http://www.strategyr.com) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.

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Microwavable Foods Market to Reach $75.4 Billion by 2010 According to New Report by Global Industry Analysts Inc.