In Spain, eating has become a procedure that must be quick and easy. And that is making gold for the supermarkets that prepare dishes
When it comes to eating, we Spaniards no longer want only tasty dishes. We want time. We want flexibility. We want an assortment that allows us to choose. And if possible, we want all of the above at a good price. Whoever can square the circle will have the keys to a billion-dollar business. For now, the data from Worldpanel by Numerator reveal that more and more people are finding this offer in the prepared foods section of the supermarket, which in just four years has seen its sales increased by 55%. The curious thing is that this percentage reveals much more about us as consumers than about the business itself. The figure: 55%. The food sector has been around for a long time emitting signals about what the business of prepared food is growing in Spain, but few (or none) have been as clear as the one just shared by Worldpanel by Numerator. In your report ‘Convenience, the super power that changes everything’, the platform specialized in data and market analysis, has revealed that sales of ready-to-eat dishes have skyrocketed 55% from 2022. A name: Mercadona. Worldpanel has not provided more detailed data on demand, net consumption or per capita intake, but the percentage is still revealing. Above all because it helps us better understand how the demand for this type of product works, how the market behaves and who its protagonists are. As a reference, Worldpanel calculates that Mercadona monopolizes “one third” of the growth recorded in the category since 2020. It is not at all surprising if you take into account the commitment that the Valencian chain has made for its ‘Ready to eat’ section. Since its launch in 2018, it has been expanding it through its network of stores in Spain and Portugal until closing in 2025. almost 1,500 points selling and conquering much of it of the demand. If both prepared food and pre-cooked foods (creams, packaged chicken or refrigerated pizza, for example) are taken into account, last year Mercadona entered 3 billion of euros between both countries. Habit changes. That the prepared food business is growing so quickly is just a reflection of our own changes as consumers. We buy differently than our parents did because our priorities are also different. In the same study Worldpanel reveals two data that prove it. First, the time we spend cooking has been reducing until it remains at 24.5 minutes a day. Second, that 41% of consumers (5% more than in 2020) admits that he usually eats in a hurry, without time to relax. They are dynamics that fit well with what the prepared food sections of Mercadona or other chains offer, such as Alcampo, Carrefour or Lidland they give them a clear competitive advantage compared to traditional restaurants. As if that were not enough, our way of eating seems to be simplifying little by little: the occasions in which we have lunch with a single dish have increased about 5.5% since 2020. If we talk about dinners, that percentage is 3.3%. Is it that important? Yes a lot. So much so, in fact, that what is catapulting the sale of prepared dishes is not their greater or lesser attractiveness, the variety of the offering or their healthy appearance. When Worldpanel technicians asked customers what was the deciding factor that led them to buy convenience food instead of going to a bar or restaurant, about a third (28.4%) responded that the price. That is the factor that most often tips the balance on the side of Mercadona and other similar supermarket chains. The second is convenience. 13.4% stated that what they value most is speed, 10.4% the possibility of taking advantage of visits to the supermarket to make other purchases and 10.1% the flexibility of being able to consume food when and where it suits them best. That last piece of information is key. Although in recent years several chains of supermarkets have begun to enable spaces in their premises so that people can eat there, most of the customers take the dishes home. It occurs in 78% of cases. If we talk about large consumption in general (not just food) the percentage of intra-domestic spending is around 71%. Image | Carrefour In Xataka | Madrid is encountering a growing problem in its metro stations: the illegal sale of street food
