Chilled and deli foods offer versatile applications, providing convenient and ready-to-eat meal solutions for consumers with busy lifestyles. These products include salads, sandwiches, pre-cooked meals, and fresh produce. Their features encompass freshness, taste, and extended shelf life due to temperature-controlled storage. Chilled and deli foods are widely used by individuals, professionals, and families for quick and hassle-free meals, making them an integral part of modern diets and contributing to the growing demand for convenient and healthy food options.
According to Data Bridge Market Research, the Global Chilled And Deli Foods Market is accounted at USD 888.63 million by 2021 and is expected to reach USD 1459. 67 million by 2029. The market is expected to grow with a CAGR of 6.40% in the forecast period of 2022 to 2029.
“Innovation and product development boosts the market’s growth”
Food manufacturers in the chilled and deli foods market are continually pushing boundaries with innovative offerings. They have introduced a diverse array of enticing products such as gourmet sandwiches, fresh salads, flavorful sushi, and exotic ethnic delicacies. These novel options appeal to adventurous consumers looking to explore new taste experiences. The constant innovation in chilled and deli foods has elevated the industry, providing consumers with a broader selection of convenient, fresh, and delectable choices for their meals and snacks.
What restraints the growth of the global chilled and deli foods market?
“High end-of-life and logistic costs restraints the market’s growth
The growth of the chilled and deli foods market faces constraints due to high end-of-life and logistic costs. These products have a limited shelf life, which can result in potential wastage and increased disposal expenses. Moreover, maintaining temperature-controlled logistics throughout the supply chain incurs significant costs. These challenges impact profit margins for manufacturers and retailers, making it difficult to expand the market.
Segmentation: Global Chilled and Deli Foods Market
The global chilled and deli foods market is segmented on the basis of product and distribution.
- On the basis of product, the chilled and deli foods market is segmented into meat, savory appetizers, prepared salads, pre-packaged products, sauces, condiments and dressings, and others.
- On the basis of distribution, the chilled and deli foods market is segmented into supermarkets and hypermarkets, traditional grocery stores, and convenience stores.
Regional Insights: North America dominates the Global Chilled and Deli Foods Market
North America accounts for the majority of the market share and is expected to drive growth over the forecast period due to high disposable income, busy lifestyles, shifting eating habits, and a strong preference for ready-to-eat products among consumers. These factors collectively drive the demand for convenient and quick meal solutions, leading to the increasing popularity of Chilled and deli foods in the countries within the region.
The Asia Pacific market is expected to grow the fastest in the near future due to various factors, including evolving eating habits, a growing working-class population, the influence of Western food trends, rising disposable incomes, busy lifestyles, and a thriving modern retail industry. These factors collectively contribute to the increasing demand for convenient and ready-to-eat food options, driving the popularity and expansion of Chilled and deli foods in the region.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-chilled-and-deli-foods-market
The Prominent Key Players Operating in the Global Chilled and Deli Foods Market Include:
- Conagra Brands, Inc. (U.S.)
- Greencore Group Plc (Ireland)
- Nestle S.A. (Switzerland)
- Olam Group (Singapore)
- The Kraft Heinz Company (U.S.)
- Pepsico Inc. (U.S.)
- AGRANA Beteiligungs-AG (Austria)
- Bonduelle (France)
- Dole Food Company Inc (U.S.)
- SVZ Industrial Fruit and Vegetable Ingredients. (U.S.)
- Sahyadri Farms (India)
- Symrise (France)
- Raje Agro Food (India)
Above are the key players covered in the report, to know about more and exhaustive list of global chilled and deli foods market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Chilled and Deli Foods Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
