Cold Cuts Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR44499
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The cold cuts market has the potential to grow by USD 160.00 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 9.61%.

This cold cuts market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (deli cold cuts and packaged cold cuts) and geography (Europe, North America, APAC, MEA, and South America). The cold cuts market report also offers information on several market vendors, including Boars Head Brand, BRF SA, Cargill Inc., Casa Tarradellas SA, Hormel Foods Corp., Maple Leaf Foods Inc., Seaboard Corp., The Kraft Heinz Co., Tyson Foods Inc., and WH Group Ltd. among others.

What will the Cold Cuts Market Size be in 2021?

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Cold Cuts Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing demand for convenient and packaged food is notably driving the cold cuts market growth, although factors such as increasing product recalls may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the cold cuts industry get your FREE report sample now.

  • The growing demand for convenient and packaged food is one of the significant factors that will drive the growth prospects for the cold cuts market.
  • Factors such as the growing demand for on-the-go meals and increasing awareness about high-protein diets are driving the demand for cold cuts.
  • Busy lifestyles, a rising middle-class population, and an increased number of working women will contribute to the growth of the ready-to-cook cold cuts food items.
  • Innovative packaging such as flexible pouches, zipper pouches, and resealable packs for cold cuts are also increasing market growth.
  • The significant expansion of the organized retail sector with a rapid increase in supermarkets, hypermarkets, and specialty stores will drive the sales of cold cuts products.
  • The growth in sales is complemented by the trend of online retailing by vendors, selling their products through their web portals or e-commerce channels such as Amazon and Alibaba. 
  • Retailers are increasing their portfolio of vegan and organic cold cuts to cater to the increasing demand for healthy foods.

This cold cuts market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Cold Cuts Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Boars Head Brand
  • BRF SA
  • Cargill Inc.
  • Casa Tarradellas SA
  • Hormel Foods Corp.
  • Maple Leaf Foods Inc.
  • Seaboard Corp.
  • The Kraft Heinz Co.
  • Tyson Foods Inc.
  • WH Group Ltd.

 

The cold cuts market is fragmented and the vendors are deploying growth strategies such as offering quality products and strengthening the local customer base to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the cold cuts market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Cold Cuts Market?

Cold-Cuts-Market-Market-Share-by-Region-2020-2025

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36% of the market’s growth will originate from Europe during the forecast period. Germany, France, and Sweden are the key markets for cold cuts in Europe. Market growth in this region will be faster than the growth of the market in MEA, North America, and South America.

The presence of many global and regional vendors catering to consumers and the growing awareness about healthy food habits and high-protein diets will facilitate the cold cuts market growth in Europe over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Cold Cuts Market?

Cold-Cuts-Market-Market-Share-by-Product-2020-2025

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The cold cuts market share growth by the deli cold cuts segment will be significant during the forecast period. Deli cold cuts are more popular than their prepackaged counterparts. These cold cuts are popular due to their seeming freshness and low level of preservatives, as they are sliced freshly when a customer orders them. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the cold cuts market size.

 

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What are the Key Factors Covered in this Cold Cuts Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive cold cuts market growth during the next five years
  • Precise estimation of the cold cuts market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cold cuts industry across Europe, North America, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cold cuts market vendors

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Cold Cuts Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 9.61%

Market growth 2021-2025

$ 160.00 billion

Market structure

Fragmented

YoY growth (%)

7.30

Regional analysis

Europe, North America, APAC, MEA, and South America

Performing market contribution

Europe at 36%

Key consumer countries

US, Germany, France, Sweden, and Australia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Boars Head Brand, BRF SA, Cargill Inc., Casa Tarradellas SA, Hormel Foods Corp., Maple Leaf Foods Inc., Seaboard Corp., The Kraft Heinz Co., Tyson Foods Inc., and WH Group Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The cold cuts market growth will increase by $72.20 billion during 2019-2024.
The cold cuts market is expected to grow at a CAGR of 8.18% during 2019-2024.
Technavio has segmented the cold cuts market by product (Deli cold cuts and Packaged cold cuts) and geographic (Europe, North America, APAC, MEA, and South America).
Boars Head Brand, BRF SA, Cargill Inc., Hormel Foods Corp., Maple Leaf Foods Inc., Nestle SA, Orkla ASA, Seaboard Corp., The Kraft Heinz Co., Tyson Foods Inc. are a few of the key vendors in the cold cuts market.
Europe will register the highest growth rate of 34.56% among the other regions. Therefore, the cold cuts market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • Germany
  • France
  • UK
  • Australia
  • Japan
  • China
  • Italy
The key factors driving the cold cuts market growth are:
  • Growing demand for convenient and packaged food
The cold cuts market vendors should focus on grabbing business opportunities from the deli cold cuts segment as it accounted for the largest market share in the base year.
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