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Iceland
IS IS-C1075 | Industry Report | Factsheet

Prepared Meal Production in Iceland Industry Data and Analysis

MG
Martha Sofia Garcia Guerrero
Analyst London, United Kingdom November 2025

The Prepared Meal Production industry in Iceland has a market size of €12.5m in 2026 with annual revenue growth of 8.3 %. Companies in this industry manufacture ready-made meals and dishes that are already seasoned and cooked. Prepared dishes must contain at least two ingredients in addition to seasonings. These meals are preserved, like in frozen or canned form.

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What's included in this industry analysis

IBISWorld's research coverage on the Prepared Meal Production industry in Iceland includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of February 2026.

About this industry

What's this industry report about?

The Prepared Meal Production industry in Iceland operates under the industry code IS-C1075. Companies in this industry manufacture ready-made meals and dishes that are already seasoned and cooked. Prepared dishes must contain at least two ingredients in addition to seasonings. These meals are preserved, like in frozen or canned form. Related terms covered in the Prepared Meal Production industry in Iceland include gluten-free, own-label and convenience product.

What's included in this industry?

Products and services covered in Prepared Meal Production industry in Iceland include Prepared meat meals, Prepared fish meals and Prepared vegetarian and vegan meals.

What companies are included in this industry?

The Prepared Meal Production industry in Iceland is highly fragmented with no companies holding a market share greater than 5%.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Prepared Meal Production industry in Iceland.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Prepared Meal Production industry in Iceland. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Prepared Meal Production industry in Iceland. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Prepared Meal Production industry in Iceland. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Country Benchmarks

What's included in the Country Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Cafes and Coffee Shops industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Prepared Meal Production industry in Iceland.

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Frequently Asked Questions

What is the market size of the Prepared Meal Production industry in Iceland in 2026?

The market size of the Prepared Meal Production industry in Iceland is €12.5m in 2026.

How many businesses are there in the Prepared Meal Production industry in Iceland in 2025?

There are 27 businesses in the Prepared Meal Production industry in Iceland, which has grown at a CAGR of 12.5 % between 2020 and 2025.

Has the Prepared Meal Production industry in Iceland grown or declined over the past 5 years?

The market size of the Prepared Meal Production industry in Iceland has been growing at a CAGR of 1.4 % between 2020 and 2025.

What is the forecast growth of the Prepared Meal Production industry in Iceland over the next 5 years?

Over the next five years, the Prepared Meal Production industry in Iceland is expected to grow.

What does the Prepared Meal Production industry in Iceland include?

Prepared meat meals and Prepared fish meals are part of the Prepared Meal Production industry in Iceland.

How competitive is the Prepared Meal Production industry in Iceland?

The level of competition is moderate and steady in the Prepared Meal Production industry in Iceland.

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