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Growth Of Single-Serve Prepared Foods Sector Aided By Advancements In Flexible Packaging

The U.S. prepared meals market, one of the largest in the world and a leader in per capita consumption, is maintaining strong growth, resulting in increased opportunities for packaging solutions that satisfy consumer demands in terms of convenience, ease of use, storage and selection. According to Information Resources Inc. (IRI), the rise in the number of single-person households, increased affluence and busy lives have combined to create strong demand for single-serving prepared meal packages, as well as those that may be resealed for future use.  Within the category of prepared foods, single-serve frozen meals continue to maintain the largest market share at 53 percent, followed by multi-serve frozen meals, which repres