Title: Deli Meat Market
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2 According to a new report published by
Allied Market Research, titled, Deli meat Market
by Source, Product Type, and Sales Channel
Global Opportunity Analysis and Industry
Forecast, 20212030 The deli meat market size
was valued at 17,186.1 million in 2020 and is
projected to reach 27,405.4 million by 2030,
registering a CAGR of 4.8 from 2021 to 2030.
Deli meat, also known as lunch meat, is a
precooked or cured meat that is sliced and served
cold or hot. Deli meat is made of beef, pork,
chicken, turkey, veal, and ovine. The deli meats
are available in the form of loaves, canned,
sliced, or prepackaged vacuum-packed portions and
are most often served on sandwiches and in
charcuterie trays. Deli meats are infused with
spices, salt, and flavorings to provide unique
flavor and taste. The availability of new flavors
in the market is attracting the consumers'
interest. Moreover, deli meat consumption is
rising considerably, as customers' reliance on
processed meat and ready-to-eat meals increasing.
This rise in consumption boosts the deli meat
market opportunities for growth.
Deli Meat Market
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3 Request Sample Report at https//www.alliedmarke
tresearch.com/request-sample/13813 Frontrunners
in the industry- Boars Head Provisions Co,
Inc. Cargill Incorporated Conagra Foods,
Inc. Hormel Foods Corporation JBS S/A, Maple Leaf
Foods, Inc. Sigma Alimentos S.A. de C.V. The
Kraft Heinz Company Tysons Foods, Inc. WH Group
Limited OSI Group, LLC Perdue Farms, Inc.
Deli Meat Market
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4Deli Meat Market
The global deli meat market is segmented into
source, product type, sales channel, and region.
On the basis of source, the market is
categorized into beef, pork, chicken and others.
By product type, it is segregated into cured
meat and uncured meat. Depending on sales
channel, it is fragmented into hypermarkets/superm
arkets, specialty stores, convenience stores,
online channels, and others. Region wise, it is
analyzed across North America (the U.S., Canada,
and Mexico), Europe (UK, Germany, France, Italy,
Russia, Spain, and rest of Europe), Asia-Pacific
(China, Japan, Australia, South Korea, and rest
of Asia-Pacific), and LAMEA (Brazil, United Arab
Emirates, Argentina, South Africa, and rest of
LAMEA).
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Key Findings Of The Study According to deli
meat market trends, on the basis of source, the
pork segment is projected to witness the highest
CAGR of 5.2, in revenue terms, during the
forecast period. By product type, the uncured
meat segment is estimated to register the highest
CAGR of 5.8. Depending on deli meat market
analysis on sales channel, the online channels
segment is expected to grow at a significant CAGR
during the deli meat market forecast period. In
2020, the U.S. generated the highest revenue,
accounting for approximately 30 share of the
global deli meat industry. Region wise,
Asia-Pacific is anticipated to witness highest
growth rate, registering a CAGR of 6.1 from 2021
to 2030.
Deli Meat Market
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6Covid-19 scenario- The COVID-19 pandemic
disrupted food beverage supply chains all
across the globe. Consumption habits of consumers
have changed by the perception of the risk
associated with COVID-19. Consumer's fear of
potential food and beverages shortages has fueled
the hoarding trend. The hoarding led to an
increase in demand for meat products and the
companies were unable to meet the market demand.
The vaccination drive and lockdown practices to
prevent the spread of the virus globally are
likely to aid the deli meat market growth in
regaining its place in the processed and cooked
meat sector. However, the usage of nitrates and
nitrites in deli meat leads to cardiovascular
problem in consumers that is negatively impacting
the growth of the global market. Consumers look
for the products that are free from nitrates and
are good in quality. Do You Have Any Query Or
Specific Requirement? Ask to Our Industry Expert
https//www.alliedmarketresearch.com/purchase-enqu
iry/13813
Deli Meat Market
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7About Allied Market Research Allied Market
Research (AMR) is a full-service market research
and business-consulting wing of Allied Analytics
LLP based in Portland, Oregon. Allied Market
Research provides global enterprises as well as
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data that helps us generate accurate research
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market forecasting. Each and every data presented
in the reports published by us is extracted
through primary interviews with top officials
from leading companies of domain concerned. Our
secondary data procurement methodology includes
deep online and offline research and discussion
with knowledgeable professionals and analysts in
the industry.
Deli Meat Market
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Deli Meat Market
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