The latest report on the Chilled and Deli Foods Market is 200 pages long and includes a number of tables and figures. This report covers the period from 2023 to 2031 and offers valuable insights into the market landscape.
The “Global Chilled and Deli Foods Market” report offers comprehensive insights into factors affecting demand, growth, opportunities, challenges, and limitations. It covers global and regional industry dynamics, including research & development, new product launches, and responses from leading players in both global and local markets. The report provides visual representations and regional breakdowns of the Chilled and Deli Foods Market.
Global Chilled & Deli Foods Market is valued at approximately USD 217.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2022-2029.
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Chilled & Deli Foods refers to ready to eat food products that are normally stored at refrigeration temperatures, equivalent to 0 – -5 °C. Due to their perishable nature, these products are required to be stored at lower temperatures to increase their shelf life. There are different kinds of Chilled & Deli Foods available such as Meat Sausages, Bread & Bakery Items, Salads, Sauces, and Dips among others. The growing demand for Ready to eat Food Products and increasing number of working-class individuals as well as recent product announcements from leading market players are key factors driving the market growth.
According to Statista – in 2019, the total sales of ready to eat meals in the Indian market was valued at USD 380 million, and this further increased to USD 463.9 million in 2020. Moreover, as per Statista – in 2018, the global market for frozen foods was valued at USD 260.8 billion and the market is projected to grow to USD 366.3 billion by 2026. Also, rising investment in Cold Chain logistics infrastructure and growing emergence of Quick Service Restaurants are anticipated to act as catalyzing factors for the market growth during the forecast period. However, rising concern over usage of nitrates and nitrites in deli food products and increasing health consciousness among individuals would impede the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Chilled & Deli Foods Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to factors such as growing consumption of packaged food and beverages as well as presence of leading market players in the region. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising emergence of quick service restaurants as well as growing expansion of cold chain logistics sector in the region would offer lucrative opportunities for the market over the forecast period.
Major market players included in this report are:
- General Mills Inc.
- PepsiCo
- The Kraft Heinz Company
- Nestle
- The Kellogg Company
- Unilever
- Calbee
- Intersnack Group GmbH & Co. KG
- Conagra Brands, Inc.
- ITC Limited
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Recent Developments in the Market:
- Acquisition, In March 2021, Norwegian based Orkla acquired an 80% stake in Vantaa, Finland based foodservice company Seagood Oy Fort Deli. Fort Deli is a leading supplier of frozen products, sauces, and condiments in Finland. This acquisition would help the company in strengthening its market presence.
- New Product Launch, In August 2022, Mumbai, India based Pescafresh, D2C seafood and meats brand, unveiled a new range of crafted Chicken Deli meats under its RTE-RTC range SaSH22. Under this new range, the company introduced Chicken Sandwich Ham, Chicken Herbed Sausage, Chicken Salami, and Chicken Cocktail Sausage. This new launch intended to strengthen the product portfolio of the company.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Meat & Meat Alternatives
Cheese
Bread & Bakery Products
Prepared Meal & Sides
Sauces, Dips & Hummus
Others
By Type:
Conventional
Organic
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By Distribution Channel:
Supermarkets & Hypermarkets
Convenience Stores
Online
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Overview:
This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the Chilled and Deli Foods market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.
Market Dynamics:
Encompassing a global perspective, this study presents insights into the influential entities within the worldwide Chilled and Deli Foods market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global Chilled and Deli Foods market.
Marketing Insights:
The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global Chilled and Deli Foods market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global Chilled and Deli Foods market. It encapsulates indispensable insights extracted from the Chilled and Deli Foods Market domain, facilitating informed decision-making processes.
This report covers several key questions related to the global Chilled and Deli Foods market, including:
- What can be expected for the Chilled and Deli Foods market in the next decade?
- What are the primary drivers of growth in the global Chilled and Deli Foods market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Chilled and Deli Foods market vary based on the size of the end market?
- What is the breakdown of Chilled and Deli Foods by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Chilled and Deli Foods market?
Our most recent research report showcases the thriving expansion of the global Chilled and Deli Foods Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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