All updated as on -
The worldwide chilled and deli food market was worth 217.25 billion USD in 2023, and experts predict it will reach 352.19 billion USD by 2031, a CAGR of 7.5% from 2024 to 2031.
Foods that are chilled or deli-style are pre-prepared, taste great, and keep well in the fridge or freezer. Consumers' desire to understand the nutritional components of the items they buy and their growing preference for chilled and delicatessen goods are two major factors propelling the market forward. Over the next few years, one of the main trends that will propel the market forward is the shifting customer preference for convenient foods. This is mostly driven by busy lifestyles and the convenience they bring. While 66.0% of consumers ranked prepared meals as the most essential consideration when purchasing fresh produce, 26.0% of consumers ranked it lower, according to a May 2020 survey by Kerry Group. Shops at stores every month for pre-prepared foods like snacks and dinners.
"All natural," "100% natural," "real made," and "organic" are some of the clean label features that consumers are looking for in health-enhancing products. It appears to have picked up much more steam since the epidemic. Frozen food as a whole is becoming more focused on plant-based, vegan, and organic ingredients as a result of the growing demand on manufacturers to diversify their offerings. The prepared food and superfood sections of supermarket delis have grown substantially in recent years. The convenience and ease of use of ready-to-eat salads, pre-sliced meats and cheeses, ready-to-eat side dishes, and other similar products are fueling the expansion of this market.
Supermarkets and delis around the world have closed their doors as a result of the Coronavirus (COVID-19) pandemic. Innovation in retail occurred as a result of customers purchasing prepared offers during this emergency situation. These offerings had a longer shelf life and were simple to store in low-temperature environments. The demand for high-quality items, especially deli offers, was driven by customers wanting to get back on track with their healthy eating habits following weeks of comfort eating. As a result, there was a move away from comfort meals. As a result, the market is experiencing expansion as a result of the trends being shaped by recent world events.
People are seeking out healthier items that have clean label qualities like 'organic,''made with real,' and 'all-natural.' Since the pandemic began, these characteristics have appeared to acquire even more support. Frozen deli options are undergoing a paradigm change toward more plant-based, vegan, and organic ingredients as a result of increasing demand on firms to diversify their products. One example is the vegan deli and charcuterie meats manufactured from koji, a Japanese fungus, which were introduced by the California-based business Prime Roots in February 2023. Delicacies such meatless foie gras and pâté join traditional deli meats like pepperoni, smoked ham, and cracked black pepper turkey in the new product line.
Product type, packaging, distribution channel, and region are the four main determinants of the cold and deli food market's segmentation. Meats, pies, and savory appetizers make up one portion of the market, while pre-packaged sandwiches and salads make up another. Cans, tins, plastic bags, cardboard, and other forms of packaging divide the market. Market participants are categorized according to the distribution channel they use, which includes supermarkets and hypermarkets as well as convenience stores, specialized shops, food service outlets, the internet, and others. North America (including the US, Canada, and Mexico), Europe (including the UK, France, Italy, Russia, Spain, and the rest of Europe), Asia-Pacific (including China, Japan, India, Australia, and South Korea), and Latin America and the Caribbean (including Brazil, Saudi Arabia, and South Africa) are the regions that make up the market.
Based on product type, the pies and savory appetizers segment was the most lucrative in the chilled and deli food market in 2020 and is projected to maintain that dominance throughout the forecast period. At a CAGR of 3.9%, the pies and savory appetizers market is projected to grow from an initial 2020 valuation of $255,674.2 million to a whopping $454,259.2 million by 2031. The most popular deli food products produced by producers worldwide are pies and savory appetizers. Savory appetizers in meat variations have piqued customers' curiosity due to their distinctive flavor.
World demand for convenience foods is on the rise, which should lead to massive expansion in the chilled and deli food business in the years to come. This industry is booming for a number of reasons, including more supermarkets and hypermarkets opening up shop, higher wages and more discretionary cash, and more women entering the workforce. Factors limiting the development of this market include the increased use of synthetic preservatives and stricter government regulations on the food supply chain and labeling.
Established brands in the frozen food industry are concentrating on go-to-market methods such online advertising campaigns, rebranding, and packaging to introduce new product lines in response to new entrants in the market. One of his most popular specialty meat businesses, Land O'Frost, which sells sliced sausage in the United States, will be renamed Bistro Favorite Meat in April 2021. Among refrigerated and deli products, prepackaged items are projected to account for the lion's share over the plan period. Various organic criteria, such as kosher and organic, are now met by these foods. Salads, soups, savory appetizers, pastas, sandwiches, and refrigerated pizzas are all part of the packaged food category. You can find these foods in the form of easily accessible frozen meals. The simplicity of the packaging is another reason why these meals are so popular. As a result, this factor influences sales of frozen desserts and delicatessen items.
Report Coverage
Global Chilled And Deli Foods research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Chilled And Deli Foods report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Chilled And Deli Foods competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Chilled And Deli Foods market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Chilled And Deli Foods market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Chilled And Deli Foods market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Tyson Foods Inc., JBS SA, BRF S.A., Hormel Foods Corporation, Nestle SA, ConAgra Foods Inc., Danone SA, Kerry Group PLC, Maple Leaf Foods Inc., Smithfield Foods Inc., 2 Sisters Food Group, Pilgrim's Pride Corporation, Grupo Bimbo S.A.B. de C.V., Greencore Group PLC, Campofrio Food Group S.A., AdvancePierre Foods Holdings Inc., Oscar Mayer, Boar's Head Provisions Co. Inc., Columbus Craft Meats, Sara Lee Corporation.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Chilled And Deli Foods market based on the below-mentioned segments:
Global Chilled And Deli Foods Market, By Product Type
Meats
Pies & Savory Appetizers
Pre-packed Sandwiches
Prepared Salads
Others
Global Chilled And Deli Foods market, By Packaging
Tins
Cans
Plastic packs
Cardboard
Others
Global Chilled And Deli Foods Market, By Distribution Channel
Hypermarkets/Supermarkets
Specialty Stores
Food Service Outlets
Online Channel
Others
Global Chilled And Deli Foods market, Regional Analysis
Foods that are chilled or deli-style are pre-prepared, taste great, and keep well in the fridge or freezer. Consumers' desire to understand the nutritional components of the items they buy and their growing preference for chilled and delicatessen goods are two major factors propelling the market forward. Over the next few years, one of the main trends that will propel the market forward is the shifting customer preference for convenient foods. This is mostly driven by busy lifestyles and the convenience they bring. While 66.0% of consumers ranked prepared meals as the most essential consideration when purchasing fresh produce, 26.0% of consumers ranked it lower, according to a May 2020 survey by Kerry Group. Shops at stores every month for pre-prepared foods like snacks and dinners.
"All natural," "100% natural," "real made," and "organic" are some of the clean label features that consumers are looking for in health-enhancing products. It appears to have picked up much more steam since the epidemic. Frozen food as a whole is becoming more focused on plant-based, vegan, and organic ingredients as a result of the growing demand on manufacturers to diversify their offerings. The prepared food and superfood sections of supermarket delis have grown substantially in recent years. The convenience and ease of use of ready-to-eat salads, pre-sliced meats and cheeses, ready-to-eat side dishes, and other similar products are fueling the expansion of this market.
Supermarkets and delis around the world have closed their doors as a result of the Coronavirus (COVID-19) pandemic. Innovation in retail occurred as a result of customers purchasing prepared offers during this emergency situation. These offerings had a longer shelf life and were simple to store in low-temperature environments. The demand for high-quality items, especially deli offers, was driven by customers wanting to get back on track with their healthy eating habits following weeks of comfort eating. As a result, there was a move away from comfort meals. As a result, the market is experiencing expansion as a result of the trends being shaped by recent world events.
People are seeking out healthier items that have clean label qualities like 'organic,''made with real,' and 'all-natural.' Since the pandemic began, these characteristics have appeared to acquire even more support. Frozen deli options are undergoing a paradigm change toward more plant-based, vegan, and organic ingredients as a result of increasing demand on firms to diversify their products. One example is the vegan deli and charcuterie meats manufactured from koji, a Japanese fungus, which were introduced by the California-based business Prime Roots in February 2023. Delicacies such meatless foie gras and pâté join traditional deli meats like pepperoni, smoked ham, and cracked black pepper turkey in the new product line.
Product type, packaging, distribution channel, and region are the four main determinants of the cold and deli food market's segmentation. Meats, pies, and savory appetizers make up one portion of the market, while pre-packaged sandwiches and salads make up another. Cans, tins, plastic bags, cardboard, and other forms of packaging divide the market. Market participants are categorized according to the distribution channel they use, which includes supermarkets and hypermarkets as well as convenience stores, specialized shops, food service outlets, the internet, and others. North America (including the US, Canada, and Mexico), Europe (including the UK, France, Italy, Russia, Spain, and the rest of Europe), Asia-Pacific (including China, Japan, India, Australia, and South Korea), and Latin America and the Caribbean (including Brazil, Saudi Arabia, and South Africa) are the regions that make up the market.
Based on product type, the pies and savory appetizers segment was the most lucrative in the chilled and deli food market in 2020 and is projected to maintain that dominance throughout the forecast period. At a CAGR of 3.9%, the pies and savory appetizers market is projected to grow from an initial 2020 valuation of $255,674.2 million to a whopping $454,259.2 million by 2031. The most popular deli food products produced by producers worldwide are pies and savory appetizers. Savory appetizers in meat variations have piqued customers' curiosity due to their distinctive flavor.
World demand for convenience foods is on the rise, which should lead to massive expansion in the chilled and deli food business in the years to come. This industry is booming for a number of reasons, including more supermarkets and hypermarkets opening up shop, higher wages and more discretionary cash, and more women entering the workforce. Factors limiting the development of this market include the increased use of synthetic preservatives and stricter government regulations on the food supply chain and labeling.
Established brands in the frozen food industry are concentrating on go-to-market methods such online advertising campaigns, rebranding, and packaging to introduce new product lines in response to new entrants in the market. One of his most popular specialty meat businesses, Land O'Frost, which sells sliced sausage in the United States, will be renamed Bistro Favorite Meat in April 2021. Among refrigerated and deli products, prepackaged items are projected to account for the lion's share over the plan period. Various organic criteria, such as kosher and organic, are now met by these foods. Salads, soups, savory appetizers, pastas, sandwiches, and refrigerated pizzas are all part of the packaged food category. You can find these foods in the form of easily accessible frozen meals. The simplicity of the packaging is another reason why these meals are so popular. As a result, this factor influences sales of frozen desserts and delicatessen items.
Report Coverage
Global Chilled And Deli Foods research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Chilled And Deli Foods report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Chilled And Deli Foods competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Chilled And Deli Foods market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Tyson Foods Inc., JBS SA, BRF S.A., Hormel Foods Corporation, Nestle SA, ConAgra Foods Inc., Danone SA, Kerry Group PLC, Maple Leaf Foods Inc., Smithfield Foods Inc., 2 Sisters Food Group, Pilgrim's Pride Corporation, Grupo Bimbo S.A.B. de C.V., Greencore Group PLC, Campofrio Food Group S.A., AdvancePierre Foods Holdings Inc., Oscar Mayer, Boar's Head Provisions Co. Inc., Columbus Craft Meats, Sara Lee Corporation. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Chilled And Deli Foods Market from 2021 to 2031.
- Market Forecast for Chilled And Deli Foods Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Chilled And Deli Foods competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Chilled And Deli Foods
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Chilled And Deli Foods market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Chilled And Deli Foods market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Tyson Foods Inc., JBS SA, BRF S.A., Hormel Foods Corporation, Nestle SA, ConAgra Foods Inc., Danone SA, Kerry Group PLC, Maple Leaf Foods Inc., Smithfield Foods Inc., 2 Sisters Food Group, Pilgrim's Pride Corporation, Grupo Bimbo S.A.B. de C.V., Greencore Group PLC, Campofrio Food Group S.A., AdvancePierre Foods Holdings Inc., Oscar Mayer, Boar's Head Provisions Co. Inc., Columbus Craft Meats, Sara Lee Corporation.
Primary Target Market
- Market Players of Chilled And Deli Foods
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Chilled And Deli Foods market based on the below-mentioned segments:
Global Chilled And Deli Foods Market, By Product Type
Meats
Pies & Savory Appetizers
Pre-packed Sandwiches
Prepared Salads
Others
Global Chilled And Deli Foods market, By Packaging
Tins
Cans
Plastic packs
Cardboard
Others
Global Chilled And Deli Foods Market, By Distribution Channel
Hypermarkets/Supermarkets
Specialty Stores
Food Service Outlets
Online Channel
Others
Global Chilled And Deli Foods market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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