- Pies and Savory Appetizers
- Prepared Salads
- Packed Sandwiches
Chilled And Deli Foods Market is valued at USD 222.7 million in 2022 and is poised to grow at a significant CAGR of 5.8% 2023-2029. The global market provides a detailed overview and which can be segmented by product type, distribution channel, and region. The Chilled and Deli Foods market has been segmented by product type into pies and savory, appetizers, prepared salads, packed sandwiches, and meats. The meat & meat alternatives segment held the largest market share in 2021 and is expected to dominate during the forecast period owing to the increasingly fast-paced lives of the people in developed and developing countries are leading to a preferential shift among the working class from conventional meat to processed meat products increases the demand of chilled & deli foods. According to the Madison, WI-based International Dairy Deli Bakery Association (IDDBA), grab-and-go deli meat sales growth reached up to 50.7% for the year ending 2021. Based on the distribution channel, the segment has been segregated into supermarkets/hypermarkets, convenience stores, and others. Supermarkets & hypermarkets distribution channels held the maximum contribution to the global market in 2021. Grab-and-go and pre-packaged meals dominated the shelves in supermarkets, while some local restaurants and ghost kitchens collaborated with supermarkets to offer their varieties of products. By region, North America registered for the largest share, and is expected to dominate the global market of chilled and deli foods due to increasing consumption of the convenient sources of food products that can be consumed on the go has been further increasing the demand of chilled and deli food products. Several customers supplement their regular meals with chilled products, such as pre-packaged sandwiches and prepared salads. Thus, shifting changing consumer lifestyles, especially in terms of eating habits, and the rising need for convenience meal options are expected to augment the sales of such products within the region.
Chilled and Deli Foods Market Key Development:
Fastest Growing Market
Increasing preference of consumers for chilled & deli products along with growing consumer attention on gaining knowledge & desire to know about various nutritional contents. These are some major factors driving the market. Furthermore, A changing lifestyle with shifting consumer preference towards prepared meals, owing to the convenience offered by them, is further augmented the demand for chilled and deli products worldwide during the forecasted period.
Based on product, the meat segment is expected to account for the largest share of the Chilled and Deli Foods market during the forecast period, owing to the increasing demand among a large proportion of consumers worldwide. Furthermore, consumer preference shifts toward eating meat products, which also provides opportunities for key players to introduce varieties of meat-related food items.
Key factors that are primarily driving the chilled & deli foods market growth are rising demand for prepared foods which are organic, locally sourced, and additive-free. Furthermore, the growing popularity of delicatessen, specialty, and fine foods, as consumer tastes have become classier and more adventurous also enhancing the market de
Some concerns are, such as the increasing dominance of local manufacturers, and the inability to maintain the nutritional values to their optimum. Thus, these factors hindered the market growth globally.
The global chilled & deli foods market is expected to grow at a significant growth rate of 5.8% from 2022 to 2028.