16-Jul-2024 | Zion Market Research
Zion Market Research has published a new report titled “Chilled And Deli Foods Market By Product (Meat, Pre-Packaged Products, Condiments & Dressings, Savory Appetizers, Prepared Salads, And Sauces), By Distribution Channel (Hypermarkets/Supermarkets, B2B, E-Commerce, Specialty Retail, And Others), By Region - Global And Regional Industry Overview, market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024–2032”. According to the report, the global chilled and deli foods market accounted for USD 237.21 billion in 2023 and is predicted to grow to around USD 387.36 billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.6% between 2024 and 2032.
Chilled and deli foods items have witnessed considerable grown in their popularity in recent years, due to their easy consumption and ready-to-eat characteristics along with having a long shelf life when stored in at low temperatures.
Browse the full “Chilled And Deli Foods Market By Product (Meat, Pre-Packaged Products, Condiments & Dressings, Savory Appetizers, Prepared Salads, And Sauces), By Distribution Channel (Hypermarkets/Supermarkets, B2B, E-Commerce, Specialty Retail, And Others), By Region - Global And Regional Industry Overview, market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024–2032” Report at https://www.zionmarketresearch.com/report/chilled-and-deli-foods-market
The chilled and deli foods market is expected to show remarkable growth over the forecast time period, owing to the increasing demand for meat products by the food and beverage industry. Due to busy lives, consumers are attracted toward ready-made and confectionary food items as they are convenient for consumption. Moreover, the increase in the disposable income of the consumers globally is further driving the chilled and deli foods market, as they can now afford to spend more on better quality food products. However, increasing health-consciousness of consumers regarding the harmful effects of some of these products may limit this market.
The chilled and deli foods market is fragmented into product and distribution channel. The product segment includes pre-packaged products, meat, savory appetizers, condiments and dressings, sauces, and prepared salads. The demand for savory appetizers is increasing, owing to the growing health-consciousness of the consumers as now they are buying these appetizers more often to have a healthy digestive system. The pre-packaged segment is expected to hold the largest market in the future, owing to the rising product demand due to their affordability and convenient consumption. Prepared salads are also expected to witness notable CAGR over the upcoming years, owing to the growing vegetarianism trends and various health benefits of salads including prevention against cancer and cardiovascular diseases.
By distribution channel, the market includes specialty retail, B2B, e-commerce, hypermarkets/supermarkets, and others. Hypermarkets/supermarkets segment is the major distribution channel in this market, due to their features like the availability of a wide variety of food types and brands, huge discounts, and tangibility. Moreover, the world is moving toward online distribution channel rapidly, which seems to have lucrative future opportunities for the e-commerce segment. The surging the use of smartphones in the recent decade is also fuelling this segment’s growth.
North America is expected to dominate the global chilled and deli foods market in the future, owing to the high consumption of ready-to-go and packaged food products. These foods have been consumed by the regional population since years now and they have been comfortable with them. The Asia Pacific chilled and deli foods market is expected to witness the highest rate of growth over the forecast time period, owing to the changing lifestyles and rise in the disposable income of the consumers.
Some major players operating in the chilled and deli foods market are 2 Sisters Food, Astral Foods, Samworth Brothers, Waitrose Limited, Tyson Foods, Nestle, JBS, Kraft Heinz Company, and Del Monte.
This report segments the global chilled and deli foods market into:
Global Chilled and Deli Foods Market: Product Analysis
Global Chilled and Deli Foods Market: Distribution Channel Analysis
Global Chilled and Deli Foods Market: Regional Analysis
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