Press release
Chilled & Deli Foods Market to Reach USD 396.93 billion by 2032 Growing at 5.8% CAGR
The global chilled and deli foods market was valued at USD 237.72 billion in 2023 and is expected to reach USD 396.93 billion in 2032, with a CAGR of 5.8% during the forecast period 2024-2032. Changing economic, social, and demographic scenarios worldwide are putting pressure on food supply, creating new challenges for food manufacturers and consumers. Chilled & deli foods are ready-to-eat items that can be stored in refrigerators for extended periods without spoiling, making them highly convenient for modern lifestyles.Increasing urbanization, growing industrialization, and a rising working population, particularly working women, are driving demand for convenient food options. Moreover, heightened health awareness is pushing consumers toward nutritious yet ready-to-eat products. The surge in supermarkets and hypermarkets in urban areas has further strengthened market growth. North America leads the global market due to high demand for convenience foods and growing health consciousness, while the Asia-Pacific region is witnessing the fastest growth, driven by changing food habits, urbanization, and rising working-class populations.
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✅ Key Highlights from the Report
➤ North America dominated the global chilled & deli foods market in 2023.
➤ Asia-Pacific recorded the highest CAGR during the forecast period.
➤ Meat and pre-packaged products are leading segments by type.
➤ Rising working-class population is a key driver for market growth.
➤ Online food retail channels are creating new business opportunities.
➤ The growing number of supermarkets and hypermarkets is boosting sales.
✅ Market Segmentation
The chilled & deli foods market is segmented primarily based on type, including meat, pies and savory appetizers, pre-packaged products, prepared salads, and sauces, condiments & dressings. Among these, meat products and pre-packaged items dominate due to high consumer preference for convenience and protein-rich options. Prepared salads and dressings are witnessing steady growth driven by health-conscious consumers seeking nutritious and ready-to-eat meals.
In addition to product type, the market can also be segmented by distribution channels, including supermarkets, hypermarkets, convenience stores, and online retail. Supermarkets and hypermarkets hold the largest share owing to their extensive product assortment and growing urban presence. Meanwhile, online stores are emerging as a key distribution channel, offering convenience and accessibility, especially in metropolitan areas where consumers prefer quick delivery options.
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✅ Regional Insights
North America continues to be the largest market for chilled & deli foods, supported by increasing demand for convenience foods, a rising number of working women, and heightened health awareness. The region benefits from well-established retail infrastructure, strong supply chains, and high consumer purchasing power.
Asia-Pacific is projected to register the fastest growth due to the rising working-class population, urbanization, and growing influence of Western eating habits. Countries like China and India are experiencing a surge in supermarkets and hypermarkets, increasing accessibility and awareness of chilled & deli food products.
✅ Market Drivers
The growth of the chilled & deli foods market is primarily driven by changing lifestyles, urbanization, and increasing demand for convenience foods. The rising working population, particularly women, requires quick meal solutions, which boosts demand for ready-to-eat items. Additionally, growing health consciousness is increasing the popularity of nutritious and low-preparation food options. Technological advancements in refrigeration and packaging also support product quality and shelf life, further encouraging consumption.
✅ Market Restraints
One of the major restraints for the market is the rising cost of raw materials, which can impact product pricing and profit margins for manufacturers. Additionally, stringent food safety regulations and quality standards may create operational challenges for smaller players. The perishability of chilled & deli foods also necessitates proper cold chain infrastructure, which can increase logistics and storage costs, particularly in developing regions.
✅ Market Opportunities
The rise of online grocery platforms offers significant opportunities for chilled & deli food manufacturers. Increasing internet penetration and e-commerce adoption are making these products more accessible to consumers. Moreover, the development of innovative, health-focused, and ready-to-eat product offerings presents a lucrative avenue for new market entrants and established players looking to diversify their portfolios. Expansion into emerging markets with growing urban populations also offers significant growth potential.
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✅ Category-Level Growth Trends
• Meat and pre-packaged products are expected to dominate revenue shares due to convenience and protein content.
• Prepared salads and dressings are growing steadily, driven by health-conscious consumers.
• Pies and savory appetizers remain a niche segment but are increasing in popularity through supermarkets and convenience stores.
• Online retail is emerging as a high-growth distribution channel.
• Innovative packaging and extended shelf-life products are gaining traction among key players.
✅ Competitive Benchmarks and Whitespace Opportunities
The chilled & deli foods market is highly competitive, with major players such as Kraft Heinz Company, Del Monte Foods, and Samworth Brothers leading the space. Whitespace opportunities exist in the development of niche products such as plant-based meats, low-sodium options, and premium ready-to-eat meals. Smaller players can differentiate themselves through local sourcing, organic ingredients, and online direct-to-consumer strategies. Collaborations with regional producers and retailers remain a key strategic approach for expanding market presence.
✅ Practical Roadmap for Consumer-Driven Growth
To align portfolios with consumer-driven growth, companies should focus on innovation in health-focused and convenient products, leverage online retail platforms, and adopt sustainable sourcing practices. Understanding regional consumer preferences and tailoring product offerings accordingly can provide a competitive edge. Additionally, investments in cold chain infrastructure, technology-driven packaging, and supply chain optimization will enable consistent product quality and market expansion.
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✅ Company Insights
✦ Kraft Heinz Company
✦ Del Monte Foods, Inc.
✦ Samworth Brothers Ltd.
✦ 2 Sisters Food Group
✦ Waitrose & Partners
✦ BRF S.A.
✦ Astral Foods Ltd.
✦ Tyson Foods Inc.
✦ Hormel Foods Corporation
✦ JBS S.A.
✅ Recent Developments
■ Kraft Heinz Company launched a new line of plant-based ready-to-eat meals in North America.
■ Del Monte Foods expanded its pre-packaged salads portfolio in Asia-Pacific through partnerships with local retailers.
✅ Frequently Asked Questions (FAQs)
➤ How Big is the Chilled & Deli Foods Market?
➤ Who are the Key Players in the Global Chilled & Deli Foods Market?
➤ What is the Projected Growth Rate of the Chilled & Deli Foods Market?
➤ What is the Market Forecast for Chilled & Deli Foods for 2032?
➤ Which Region is estimated to dominate the Chilled & Deli Foods Industry through the Forecast Period?
✅ Reasons to Buy the Report
1. Understand growth drivers, restraints, and future opportunities.
2. Analyze competitive benchmarks and market whitespace.
3. Identify product categories contributing the highest revenues.
4. Explore regional growth hotspots and investment strategies.
5. Align portfolios with sustainability and consumer-driven market trends.
Read More: https://www.infiniumglobalresearch.com/reports/global-chilled-and-deli-foods-market
Contact Us:
Shrikant
Infinium Global Research LLP
info@infiniumglobalresearch.com
About us:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide the knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations and environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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