The global chilled and deli food market is witnessing a stable growth rate for the forecast period of 2016–2022.
Portland, OR -- (SBWIRE) -- 07/10/2017 -- Allied Market Research published a report on the global chilled and deli food market. It is a detailed study for the period 2016 –2022. The report offers well-researched analysis on the key findings, market's definition & scope, Porter's Five Forces model, restraints, and the opportunities. The research broaches about improving economic conditions, increasing demands for readymade food items, and expanding of supermarkets and hypermarkets as the main drivers. The report also segments the types of prepacked food items into meats, pies, prepared salads, and other miscellaneous chilled food items.
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The global chilled and deli food market is experiencing a surge in the profit segment. The new age working class do not have the time to cook and hence depend on readymade packaged products. This phenomenon is registering a CAGR of 3.2% from 2016 onward and the industry valuation is expected at a rate of $1,051,554 million by 2022 according to a market study done by Allied Market Research. The research states the current industry valuation at $846,080 million. The key findings of this report focus on top impacting factors, top winning strategies, and top investment pockets.
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This detailed report gives an in-depth explanation of the target markets globally. The markets mentioned are North America, Europe, Asia-Pacific, and LAMEA (Latin America Middle East and Africa). The key findings state that China, from the Asia-Pacific region is leading in the chilled and deli food segment, while Latin America in LAMEA region will be leading the chilled and deli food market in the forecast period.
The entire report contains a well-researched write up on the market overview that contains intimate information on the types of chilled food segments, the global regions and major players. The report also highlights statistics of each of the chilled food types including their influence in the global market. Each of these chilled food segment have a revenue and a growth rate mentioned in the study.
The major market players are Astral Foods Ltd., Sisters Food Group Ltd., BRF SA, JBS SA, Hormal Foods Corporation, Kraft Foods Group, Samworth Brothers Limited, Tyson Foods Inc., Wm Morrison Supermarkets Plc. The other key players not mentioned are ConAgra Brand, Kerry Group Plc, Del Monte Foods, Inc., Kraft Heinz Co., Addo Foods Ltd., Cragill, Inc., Danone SA, Kellogg Co., Dole Food Company Inc., and Brasil Foods S.A.
This comprehensive study provides vital information to the key players, and investors who are looking forward to investing in prospective markets. The important facts and figures will enable the investors to create a strategy for the same. A division of each segment will give an insight to the potential markets and the markets that are dominating.
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Key Advantages of Chilled and Deli Food Market:
- The sum of the pies and savory appetizers, and meat segment are expected to be the dominant contributors for the chilled food market with a CAGR of 3.4% and 3.3% respectively.
- The meat segment is booming with an expected CAGR of 3.3% during 2016-2022
- China, the leading country in Asia-Pacific in the chilled and deli food market, is anticipating a growth with a CAGR of 4%.
- Latin America, from the LAMEA region is registering a rise at a CAGR of 5.6%. LAMEA is beginning to lead the market followed by North America and Europe.