The
global
chilled and deli foods market is the focus of analysis of a
market intelligence report recently published by Transparency Market
Research. The report states that the market’s growth is
supplemented by the expansion of supermarkets and hypermarkets in
developing regions and the emergence of new brands in the chilled and
deli foods segment. The market is expected to exhibit a moderate 3.0%
CAGR from 2015 through 2021. If the prediction holds true, the
market, which was pegged at US$799.4 bn in 2014, will rise to a
valuation of US$988.7 bn by 2021. The report is titled “Chilled and
Deli Foods Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 - 2021” and is available on the company’s
website for sale.
Chilled
and deli foods are ready-for-consumption food products, which tend
well to the needs of people for whom time is a big constraint. The
provision of wholesome, filling, and healthy meals that can be
consumed easily and quickly is the main focus of the field of chilled
and deli foods. As these food products are made for quick
consumption, they are considered healthier than frozen foods and are
more popular than the latter in many regional markets, such as
Europe.
The
market is driven by the rising demand for convenience foods from the
busy urban population. The busy lifestyles and the increased adoption
of Western eating habits among the urban population are the major
factors leading to the increased demand for chilled and deli foods in
the global market.
For
providing the reader with an effective and through overview of every
important aspect of the market, the market is analyzed from the
perspective of two broad criteria: product type and geography.
The
global chilled and deli foods market is examined for product types
such as pre-packed sandwiches, meats, prepared salads, pies and
savories, and other product varieties. Of these, the segment of
pre-packed sandwiches dominated the market revenue-wise in 2014,
accounting for revenue of US$322.7 bn in the global market. The
segment of pies and savories is projected to expand at a 2.50% CAGR
over the forecast period; the demand for this segment will be majorly
driven by the high consumption of a variety of savory food products
in Asia Pacific.
Interpret
a Competitive outlook Analysis Report with free PDF
Brochure:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=298
Of
the key regional markets for chilled and deli foods analyzed in the
report, Asia Pacific dominated revenue-wise in 2014. The foray of
supermarkets and hypermarkets in the region, the rising population of
working women and busy urban dwellers, and rising disposable incomes
will help the Asia Pacific market maintain its dominant stance in the
global chilled and deli food market over the forecast period.
The
report also gives a thorough overview of the competitive landscape of
the global chilled and deli foods market with the help of detailed
business profiles and other important details pertaining to some of
the major companies operating in the market. Some of the market’s
most prominent companies profiled in the report are Samworth Brothers
Limited, Hormel Foods Corporation, Tyson Foods Inc., Kraft Foods
Group Inc., JBS S.A., Astral Foods Ltd., BRF S.A., Waitrose Limited,
and 2 Sisters Food Group.
The
market has been segmented as:
Global
Chilled and Deli Foods Market: By Product Type
- Meats
- Pies and Savory Appetizers
- Prepacked Sandwiches
- Prepared Salads
- Others
Global
Chilled and Deli Foods Market: By Geography/ Country
North
America
- U.S.
- Canada
- Others
Europe
- U.K.
- Italy
- Spain
- France
- Germany
- Others
Asia
Pacific
- China
- India
- Japan
- Australia
- Others
Rest
of the World
- Brazil
- Argentina
- Others
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