Global Deli Meat Market Forecast, 2019-2023: Key Players are BRF, Cargill, Hormel Foods Corporation, JBS, and Tyson Foods - ResearchAndMarkets.com
The "Global Deli Meat Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The "Global
Deli Meat Market 2019-2023" report has been added to ResearchAndMarkets.com's
offering.
The deli meat market will register a CAGR of almost 11% by 2023.
The sale of deli meats through organized retail channels such as
supermarkets, hypermarkets generates significant revenues
The increasing urbanization globally has decreased the availability of
time among customers, which has increased the importance of convenience
food. This expansion of organized retail sector with the increasing
number of supermarkets, hypermarkets, and specialty stores has been
driving the sales of deli meat products globally, which is expected
increase during the forecast period.
With the growth in population, the need for supermarkets has increased
amid rising demand for efficient food distribution. As supermarkets and
hypermarkets are among the largest sales channels for deli meat, the
growth in the number and penetration of these modern retail channels has
helped in making deli meat more accessible to a wider consumer base.
Increase in product launches
The growing number of product launches is raising awareness,
versatility, and the availability of new and innovative flavors of deli
meats in the market. Manufacturers of meat products are adopting
innovative and distributive strategies to increase the market size of
these products. New product launches by regional and international
players have been one of the primary factors contributing to the growth
of the market.
Growth in popularity of vegan diets and plant-based proteins
The growing popularity of vegan diets and plant-based proteins is one of
the negative trends that can influence the market during the forecast
period. Veganism is termed as the practice of abstaining from the use of
animal products, particularly in the diet. The number of consumers
adopting veganism is rising globally because of health benefits such as
the reduced risk of obesity and healthier heart.
Competitive Landscape
The market appears to be moderately fragmented with the presence of
several companies. This market research report will help clients
identify new growth opportunities and design unique growth strategies by
providing a comprehensive analysis of the market's competitive landscape
and offering information on the products offered by companies.
Key Players
- BRF
- Cargill
- Hormel Foods Corporation
- JBS
- Tyson Foods
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
PART 06: MARKET SEGMENTATION BY PRODUCT
- Comparison by product
- Cured deli meat - Market size and forecast 2018-2023
- Uncured deli meat - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
- Increasing number of strategic alliances and M&A
- Rising demand for organic and natural deli meats
- Increasing innovations in packaging
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- BRF
- Cargill
- Hormel Foods Corporation
- JBS
- Tyson Foods
For more information about this report visit https://www.researchandmarkets.com/research/t32whd/global_deli_meat?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20190221005426/en/