Overview of the global pepperoni food market
Pepperoni is the most preferred pizza topping than sausages, mushrooms, hams, extra cheese, onions, bacon, black olives, and pineapple in the North American countries, especially the US and Canada. Research analysis on the global pepperoni food market identifies that the increasing demand for pepperoni as pizza topping will be one of the major factors that will have a positive impact on the growth of the market. The consumption of pepperoni will continue to increase because pizza is the highest consumed fast food on a global level. A large number of restaurants serve thinly sliced and small-sized pepperoni slices over pizza base because it is one of the most preferred pizza toppings among consumers across the globe. Pepperoni is extensively preferred as a pizza topping among consumers in various countries such as the UK and Italy. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 6% by 2021.
The increasing preference for clean-labeled processed meat products is identified as one of the key trends that will boost growth in the pepperoni food market throughout the projected period. Many consumers purchase processed meats that are labeled clean, free-form, and environment-friendly because these products are considered safer to consume. The clean label on pepperoni products indicates the absence of artificial ingredients. This in turn, is encouraging many manufacturers to use clean-label alternative ingredients.
Competitive landscape and key vendors
The pepperoni food market is fragmented and characterized by the presence of several vendors of varying sizes, specializations, and competencies. These vendors are increasingly competing against each other based on factors such as quality, innovation, service, price, reputation, and distribution. The performance and operations of vendors in the market are influenced by the rapidly changing technology, particularly in processing, packaging, and transportation and the competition among players. Vendors in the pepperoni market are also trying to differentiate their product offerings to survive in this competitive environment.
Key vendors in this market are -
- Battistoni Italian Specialty Meats
- Bridgford Foods
- Hormel Foods
- PALLAS FOODS UC
- Smithfield Foods
Other prominent vendors in the market include Bellissimo Foods, Goodman Fielder, Johnsonville, Liguria Foods, Performance Food Group, The Galloping Goose Sausage Company, Tyson Foods, US Foods, and Vienna beef.
Segmentation by product and analysis of the pepperoni food market
- Pork pepperoni
- Beef pepperoni
The most commonly preferred meat used in the production of pepperoni is pork because pork is most commonly used as fillers for various dishes like sandwiches and as pizza toppings. The pepperoni market will witness considerable growth in the pork pepperoni segment because the production and consumption of pork have increased in the Americas and the European countries in the past few years.
Segmentation by geography and analysis of the pepperoni food market
The popularity and consumption of both pepperoni and pizza are high in the Americas, especially in the US. In North America, pepperoni is the most consumed and preferred pizza topping among other toppings such as sausages, onion, mushrooms, and spinach. The consumers in North America extensively prefer pepperoni along with thin pizza base. Pepperoni is available in different sizes and shapes such as pepperoni rolls and pepperoni sticks. The largest selling pepperoni brand in the region is Hormel Foods.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global pepperoni food market?
- What are the key market trends impacting the growth of the global pepperoni food market?
- What are the challenges to market growth?
- Who are the key vendors in the global pepperoni food market?
- What are the market opportunities and threats faced by the vendors in the global pepperoni food market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global pepperoni food market?
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