Report ID: SQMIG30H2071
Report ID:
SQMIG30H2071 |
Region:
Global |
Published Date: July, 2024
Pages:
242
|
Tables:
122 |
Figures:
77
North America accounted for the largest share of 34.3% in 2021. As growing demand for convenient on-the-go groceries has underpinned the region's dominance. While some customers supplement their regular meals with chilled products such as prepackaged sandwiches and ready-to-eat salads, some time-pressed consumers prefer to keep their regular meals the same. Therefore, it is estimated that changes in consumer lifestyles, especially dietary habits, and growing need for ready-to-eat foods will increase sales of such products in the region. Preference for nutrient-rich superfoods among the consumers is increasing the demand for chilled & deli foods in the region. Many consumers use chilled products to enhance their usual meals, such as premade sandwiches and prepared salads, while others who are short on time use them to replace their normal meals.
Asia – Pacific (APAC) region is estimated to grow at a higher CAGR owing to the rising population and increasing disposable incomes. With the growth of modern grocery stores in emerging markets, chilled and deli sales are increasing as companies invest in fresh, chilled and deli cold chain facilities. The market is driven solely by the need for convenient food that does not take long to prepare and consume. Sales of refrigerated and deli products are growing as modern retailers expand in emerging markets. In emerging markets, companies are increasingly investing in cold chain infrastructure for fresh chilled packaged products. The market is primarily driven by the need for convenient products that take less time to prepare and consume. Retail chains are clearly driving demand for savory appetizers.
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Report ID: SQMIG30H2071