Deli Meat Market Segmentation, Demand and Distributor Analysis till 2028
The global deli meat market size is expected to reach USD 90.94 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 6.9% from 2021 to 2028. The rising spending on healthy food, increasing disposable income, and growing organized retail channels are driving the market. The popularity and consumption rate of deli meat are increasing among non-vegetarian lovers.
The global deli meat market size is expected to reach USD 90.94 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 6.9% from 2021 to 2028. The rising spending on healthy food, increasing disposable income, and growing organized retail channels are driving the market. The popularity and consumption rate of deli meat are increasing among non-vegetarian lovers.
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Deli Meat Market Segmentation, Demand and
Distributor Analysis till 2028
“The rising spending on healthy food, increasing disposable income, and growing organized retail channels are
driving the market. The popularity and consumption rate of deli meat are increasing among non-vegetarian
lovers.”
Deli Meat Market report offers the most up-to-date data on current market scenario, trends and future outlook. This
study provides numerous opportunities for market players to invest for research and development in the market. It
also provides a detailed evaluation of the industry by highlighting information on different aspects which include
drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate
decisions before investing.
Main Features of the Report:
To gain insightful analyses of the market and have comprehensive understanding of the global market and its
commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global
market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
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The global deli meat market size is expected to reach USD 90.94 billion by 2028, according to a new report by
Million Insights. It is expected to expand at a CAGR of 6.9% from 2021 to 2028. The rising spending on healthy
food, increasing disposable income, and growing organized retail channels are driving the market. The
popularity and consumption rate of deli meat are increasing among non-vegetarian lovers.
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https://www.millioninsights.com/snapshots/deli-meat-market-report/request-demo
The uncured product segment is expected to register the fastest CAGR of 9.9% from 2021 to 2028. Consumers are
getting aware of the benefits of natural salts and flavors used for deli meat. Increasing awareness about naturally
produced products is contributing to the growth of the segment.
The chicken and turkey dish segment is expected to register the fastest CAGR from 2021 to 2028 as it is economical
and convenient for farming chicken and turkey. Hence, chicken and turkey are adopted most for producing eggs,
meat for food, or money.
The online distribution channel segment is expected to expand at the highest CAGR of 7.7% from 2021 to 2028. The
use of online shopping portals and mobile apps is getting popular in the metro cities among the young population
group, who are the industry's major consumers at the global level.
North America dominated the market with a revenue share of more than 30.0% in 2020 owing to the increase in
awareness about the ingredients of meat products and the importance of their consumption.
Asia Pacific is expected to expand at the fastest growth rate over the forecast period as the region has the largest
consumer base, which increases the consumption of meat products and contributes to the revenue of the regional
market. Companies are looking to maintain their brand image and gain customer loyalty by offering innovative
products as per customer specifications and analyzing consumer behavior patterns.
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Deli Meat Market Report Highlights
North America held the largest share of more than 30.0% in 2020 owing to the increasing
spending on meat products in the U.S. and Canada
By dish, the chicken and turkey segment is expected to register the fastest CAGR from 2021 to
2028 as it is economical and convenient for farming chicken and turkey
The offline distribution channel held the largest revenue share of over 70.0% in 2020 as the offline
distribution channel is a traditional way of selling products so it contributes more as compared to
the online distribution channel
Deli Meat Market Segmentation
Million Insights has segmented the global deli meat market on the basis of product, dish, distribution channel,
and region:
Deli Meat Product Outlook (Revenue, USD Million, 2017 - 2028)
Cured
Uncured
Deli Meat Dish Outlook (Revenue, USD Million, 2017 - 2028)
Chicken & Turkey
Beef
Pork
Others
Deli Meat Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)
Offline
Online
Deli Meat Regional Outlook (Revenue, USD Million, 2017 - 2028)
North America
U.S.
Europe
Germany
U.K.
Asia Pacific
China
Australia
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
Israel
List of Key Players of Deli Meat Market
Boars Head Brand
BRF
Cargill
Hormel Foods, LLC
JBS SA
Maple Leaf Foods Inc.
Sigma Alimentos SA de CV
Tyson Foods, Inc.
Get in touch
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Contact Person:
Ryan Manuel
Research Support Specialist, USA
Email: ryan@millioninsights.com
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