Chilled and Deli Food Industry is Expected to Reach $666.33 Billion by 2032 -Samworth Brothers Ltd., Tyson Foods Inc., Hormel Foods Corporation, JBS S.A., Kraft Foods Group Inc., BRF S.A., Astral Foods Ltd., 2 Sisters Food Group, Waitrose Ltd., Wm Morriso

The global chilled & deli foods market size was valued at USD 222.22 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 12.5% from 2022 to 2032. The popularity of delicatessen, specialty, and fine foods has grown enormously, as the consumer's tastes have become more sophisticated and adventurous. Increasing demand for prepared superfoods, which are organic, locally sourced, additive-free, and fair-trade products have complemented the overall market growth. According to a report published by Kerry Group in 2020 May, 26.0% of the consumers claimed that prepared foods are the most important consideration when they shop for fresh foods and 66.0% of consumers buy prepared snacks, meals, and more from retail, every month.

Leading players of Chilled and Deli Food including:

Samworth Brothers Ltd., Tyson Foods Inc., Hormel Foods Corporation, JBS S.A., Kraft Foods Group Inc., BRF S.A., Astral Foods Ltd., 2 Sisters Food Group, Waitrose Ltd., Wm Morrison Supermarkets Plc., Addo Foods Ltd., Cargill, Inc., Kraft Heinz Co., Danone SA, Kellogg Co., ConAgra Brand, Inc., Kerry Group Plc, Del Monte Foods, Inc., Dole Food Company, Inc., Brasil Foods S.A.

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Product Insights
The meat & meat alternatives segment held the largest market share in 2021 and is expected to maintain its dominance during the forecast period. The fast-paced lives of the individuals in developed and developing countries are leading to a preferential shift among the working class from conventional meat to processed meat products covering the requirements of chilled & deli foods. According to the Madison, WI-based International Dairy Deli Bakery Association (IDDBA), grab-and-go deli meat sales growth topped 50.7% for the year ending 2021. While consumers typically have their go-to meat choices and have gravitated toward familiar flavors amid the COVID-19 pandemic, there is still consumer interest in trying out new flavors in this segment.

Therefore, manufacturers are launching new products in different flavors to cater to new demands. For instance, in January 2022 KQF, the British manufacturer of halal convenience foods, announced the launch of its new Premium Sliced Meats range comprising deli-style slices of ready-cooked beef, chicken, and lamb in nine flavors.

The market analysis done with statistical tools also helps to analyze many aspects that include the demand, supply, storage costs, maintenance, profit, sales, and production details of the market. Furthermore, the global Chilled and Deli Food research report provides the details about the Chilled and Deli Food share, import volume, export volume, and the gross margin of the companies.

Chilled and Deli Food Segmentation by Type:

Meats, Pies & Savory Appetizers, Prepacked Sandwiches, Prepared Salads.

Chilled and Deli Food Segmentation by Application:

On-line, Offline

Chilled and Deli Food report answers some key questions:

Distribution Channel Insights
Supermarkets & hypermarkets distribution channels made the largest contribution to the global market in 2021. Grab-and-go and prepackaged meals dominated the shelves in supermarkets, while some local restaurants and ghost kitchens collaborated with supermarkets to offer their wide range of products. For instance, in February 2021, Unreal Deli announced its supermarket retailers nationwide in the U.S. for chilled & deli foods. The supermarket in the U.S. includes Wegman's, Fresh Thyme, HEB, Whole Foods, Giant Food, Ralph's stores, and more offering plant-based meats, deli sandwiches made from real vegetables, and protein-rich grains.

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Highlights of the Report:

The report provides Chilled and Deli Food industry demand trends in Q1 and Q2 2021.
• Individual circumstances of the Chilled and Deli Food segments are discussed in the report.
• The report contains forward-looking information on risks and uncertainties.
• The report studies the consumer-focused sectors of the Chilled and Deli Food.
• The trade scenarios of the products and services in particular segments are detailed in the report along with regulation, taxes, and tariffs.
• The trends that are impacting the Chilled and Deli Food for past few years are discussed in the report.
• The report studies the potential impact of the Covid-19 pandemic on the Chilled and Deli Food industry economy and performance of the market players in the same context.
Table of Content:

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
3 Global Chilled and Deli Food by Players
4 Chilled and Deli Food by Regions
4.1 Chilled and Deli Food Size by Regions
4.2 Americas Chilled and Deli Food Size Growth
4.3 APAC Chilled and Deli Food Size Growth
4.4 Europe Chilled and Deli Food Size Growth
4.5 Middle East & Africa Chilled and Deli Food Size Growth
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Chilled and Deli Food Forecast
11 Key Players Analysis
12 Research Findings and Conclusion

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