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Global Deli Meat Market 2019-2023

Global Deli Meat Market 2019-2023

About this market

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. Technavio’s analysts have predicted that the deli meat market will register a CAGR of almost 11% by 2023.

Market Overview

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.

For the detailed list of factors that will drive and challenge the growth of the deli meat market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and 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.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Deli Meat Market 2019-2023

Technavio recognizes the following companies as the key players in the global deli meat market: BRF S.A., Cargill, Incorporated, Hormel Foods Corporation, JBS, Tyson Foods.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increasing number of strategic alliances in M&A.”

According to the report, one of the major drivers for this market is the vendors are continually involved in launching new and innovative products to cater to evolving consumer demand and thereby attract more consumers and increase store sales.

Further, the report states that one of the major factors hindering the growth of this market is the rising in concerns over health risks.

Companies Mentioned

BRF S.A.
Cargill
Hormel Foods Corporation
JBS
and Tyson Foods

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global meat market
      • Table Segments of global meat market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Cured deli meat - Market size and forecast 2018-2023
      • Table Cured deli meat - Market size and forecast 2018-2023 ($ billions)
      • Table Cured deli meat - Year-over-year growth 2019-2023 (%)
    • Uncured deli meat - Market size and forecast 2018-2023
      • Table Uncured deli meat - Market size and forecast 2018-2023 ($ billions)
      • Table Uncured deli meat - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ billions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ billions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Recent product launches of deli meats:
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Increasing number of strategic alliances and M&A
    • Rising demand for organic and natural deli meats
    • Increasing innovations in packaging
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • BRF S.A.
      • Table BRF S.A. - Vendor overview
      • Table BRF S.A. - Business segments
      • Table BRF S.A. - Organizational developments
      • Table BRF S.A. - Segment focus
      • Table BRF S.A. - Key offerings
    • Cargill, Incorporated
      • Table Cargill, Incorporated - Vendor overview
      • Table Cargill, Incorporated - Business segments
      • Table Cargill, Incorporated - Organizational developments
      • Table Cargill, Incorporated - Geographic focus
      • Table Cargill, Incorporated - Key offerings
    • Hormel Foods Corporation
      • Table Hormel Foods Corporation - Vendor overview
      • Table Hormel Foods Corporation - Business segments
      • Table Hormel Foods Corporation - Organizational developments
      • Table Hormel Foods Corporation - Geographic focus
      • Table Hormel Foods Corporation - Segment focus
      • Table Hormel Foods Corporation - Key offerings
    • JBS
      • Table JBS - Vendor overview
      • Table JBS - Business segments
      • Table JBS - Organizational developments
      • Table JBS - Geographic focus
      • Table JBS - Key offerings
    • Tyson Foods, Inc.
      • Table Tyson Foods, Inc. - Vendor overview
      • Table Tyson Foods, Inc. - Business segments
      • Table Tyson Foods, Inc. - Organizational developments
      • Table Tyson Foods, Inc. - Segment focus
      • Table Tyson Foods, Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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