Global Chilled and Deli Foods Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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Global Chilled and Deli Foods Market: Overview
“The global Chilled and Deli Foods Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Chilled and deli food products are those foods that are ready for eating products and are easily consumed at a very low temperature. Examples of the chilled and deli foods are the set of food products which are easy for consuming and can be stored in refrigerators for a long period of time in order to using it in the future.
These food products include a different types of soups, meats, pies, prepared salads, prepacked sandwiches, savory appetizers. Chilled and deli food products are mostly consumed by people who don’t have time and are the working people.
Global Chilled and Deli Foods Market: Dynamics
Increasing developments of supermarkets and hypermarkets, increasing disposable income, and growing urban areas, improvement in living of standards and increasing number of working women, are among the major factors expected to drive growth of the target market.
In addition, rising inclination of consumers for the chilled and deli foods is among the other factor expected to drive demand for the chilled and deli foods.
Furthermore, rapid changing environmental conditions across developing countries such as China and India, there is slated to be a high demand for meat and dairy products in raw or frozen form is an another factors expected drive the growth of the target market over the fore coming years. However, strict government regulations on labeling and food supply chain coupled with rising usage of artificial preservatives are the factors that hamper the market growth over the forecast period.
Major trends observed in the global chilled and deli foods market is consumer’s inclination towards chilled & deli products along with increasing consumer attention in gaining knowledge & desire for understanding different nutritional contents. Busy lifestyle of the consumers coupled with shifting consumer inclination towards ready-to-eat meals.
Global Chilled and Deli Foods Market: Segment Analysis
Among the product segment, the meats segment is dominating due to increasing demand for meat among the consumers and increasing number of working women population. Among the application segment the supermarkets and hyper markets segment is dominating over the forecast period.
Global Chilled and Deli Foods Market: Regional Analysis
Currently, the market in North America is accounted for the major market share and is likely to drive growth over the forecast period as this region. This is primarily attributed to high disposable income of people coupled with hectic lifestyle, changing eating habits and higher preference for ready-to-eat products in countries in this region. Asia Pacific market in expected to register fastest growth in the near future due to changing eating patterns, the increasing working class population, high influence of Western food habits, rising disposable incomes, busy lifestyles, and a thriving modern retail industry are some of the factor expected to drive growth of the target market in Asia Pacific region.
Global Chilled and Deli Foods Market Segmentation:
Segmentation by product:
- Pies & Savory Appetizers
- Prepacked Sandwiches
- Prepared Salads
Segmentation by application:
- Supermarkets and hypermarkets
- Traditional grocery stores
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Addo Foods Ltd.
- Cargill, Inc.
- Kraft Heinz Co.
- Danone SA
- Kellogg Co.
- ConAgra Brand, Inc.
- Kerry Group Plc
- Del Monte Foods, Inc.
- Dole Food Company, Inc.
- Brasil Foods S.A.
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