date:Jul 08, 2013
According to Canadean, Spain continues to suffer from the effect of the global economic crisis. Uncertainties surrounding the Euro has further impacted consumer spending. Spanish consumers are now turning to prepared meals, recording the third-fastest growth rate among food sectors between 2012 and 2017. They offer consumers an affordable alternative to eating out. The sector will record a value CAGR (Compound Annual Growth Rate) of 3.4% and volume rate of 4.0%.
Ready meals are accounting for o