Pizza Market Demand Makes Room for New Growth Story | Easy Pizza, Pizza Express, Domino's Pizza

HTF MI started a latest business research with the Global Pizza Market Study Forecast till 2029. This Pizza market report brings data for the estimated year 2023 and forecasted till 2029 in terms of both, value (USD Million) and volume (MT) Market. The study is conducted by applying both top-down and bottom-up approaches and further iterative methods used to validate and size market estimation and trends of the Pizza market. Additionally, to complement insights EXIM data, consumption, supply and demand Figures, raw price analysis, market revenue, and gross margins. Some of the companies listed in the research study are Easy Pizza (United Kingdom), Pizza Express (United Kingdom), Domino's Pizza (United States), Papa John's Pizza (United States), Pizza Hut (United States), The Pizza Company (Thailand), Dodo Pizza (Russia), Papa Murphy's International (United States), Speed Rabbit Pizza (France), Prezzo (United Kingdom) are some of the key players profiled in the study.Additionally, the players which are also part of the research coverage are Boston Pizza (Canada), Dodo Pizza (Russia), Figaro's Pizza (United States), Sarpino's Pizzeria (United States) etc.

Market Snapshot
The pizza market refers to the industry involved in the production, distribution, and sale of pizza, a popular Italian dish that consists of a flattened dough base, typically topped with tomato sauce, cheese, and various other ingredients such as meats, vegetables, and herbs. The pizza market includes a wide range of players, from small independent pizzerias to large chain restaurants, and encompasses both the traditional brick-and-mortar establishments as well as online ordering and delivery services.

The Global Pizza market was valued at USD 1,689.56 Million in 2023 and is expected to reach USD 39373.2 Million by 2028, growing at a CAGR of 3.47 % during 2023-2028.

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Market Scope / Segment Breakdown
Global Pizza market has been analyzed on various dimensions that includes market sizing and share analysis in dollar term as well as by volume* and price. The segments included in the market study are mentioned below which has been reviewed both qualitatively and quantitatively.

Pizza Market by Type: Small, Medium, Large, Extra Large

Pizza Market by Application: Supermarket, Restaurant, Retail store

By Geography: North America, Europe, Southeast Asia, China, Japan, India, Middle East, Africa, LATAM, Others

The report covers information regarding competitive outlook including the market share and company profiles of the key participants operating in the global Pizza market. Some of the players that are profiled in the study are Easy Pizza (United Kingdom), Pizza Express (United Kingdom), Domino's Pizza (United States), Papa John's Pizza (United States), Pizza Hut (United States), The Pizza Company (Thailand), Dodo Pizza (Russia), Papa Murphy's International (United States), Speed Rabbit Pizza (France), Prezzo (United Kingdom) are some of the key players profiled in the study.Additionally, the players which are also part of the research coverage are Boston Pizza (Canada), Dodo Pizza (Russia), Figaro's Pizza (United States), Sarpino's Pizzeria (United States) etc.

Based on the type, the market is bifurcated as Small, Medium, Large, Extra Large, and On the basis of application, the market is divided as Supermarket, Restaurant, Retail store. The Retail store segment accounted for highest market share in 2022 and is hence expected to be the next fastest growing segment throughout the forecast period.

In 2022, the Global Pizza market by region, Europe contributed a major market share of 37.49% growing at the CAGR of 3.47% during the forecast period.

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Qualitative Insights from Study
Pizza Market Trends
Growing demand for artisanal and gourmet pizzas with high-quality, locally-sourced ingredients

Pizza Market Drivers
Increasing adoption of online and mobile ordering platforms by pizza chains and independent pizzerias

Pizza Market Opportunity
Increasing demand for premium and specialty pizzas with unique and exotic ingredients

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Research Objective
• To define and describe the Pizza segmented by product & service, by application, by end-user, and by region.
• To estimate and forecast the Pizza by value in USD Million.
• To estimate and forecast the market size for various segments with regard to Region Name.
• To profile key players and comprehensively analyze their market position in terms of ranking and core competencies.
• To analyze the markets situation with regard to industry trends, prospects, and contribution to the total market by identifying the high-growth segments of the Pizza and provide the competitive landscape.
• To provide industry attractiveness with help of various tools such as the Porter's five force analysis and the PESTEL analysis.

Market Size Estimation
Top-down and bottom-up approaches are used to validate the Global Pizza Market size market and estimate the market size for Manufacturers, Type and Regions.
The market estimations in this report are based on the marketed sale price of Pizza excluding any discounts provided by the manufacturer, distributor, wholesaler or traders. The percentage splits, market shares, and breakdowns of the product segments are derived based on weightages assigned to each of the segments based on their utilization rate and average sale price. The regional splits of the overall Pizza market and its sub segments are based on the percentage adoption or utilization of the given product in the respective region or country.

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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand Pizza market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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