Product ID: SQMIG30I2295
Global Sandwiches Market Size, Share, Growth Analysis, By Product(Non-vegetarian, Vegetarian), By Application(Household, HoReCa) - Industry Forecast 2024-2031
Report ID:
SQMIG30I2295 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
61 |
Figures:
75
Global Sandwiches Market Insights
Sandwiches Market size was valued at USD 11.27 billion in 2019 and is poised to grow from USD 11.92 billion in 2023 to USD 18.46 billion by 2031, growing at a CAGR of 5.72% in the forecast period (2024-2031).
Because they contain egg protein, breakfast sandwiches are becoming more and more popular with customers. Additionally, consumers' preferences have been shifting toward organic ingredients as awareness of the harmful consequences of chemical-based food products has grown. As a result, producers are also putting a lot of effort into developing organic meat, veggies, and bread. Additionally, packaging has a significant impact on consumers' purchase decisions. All throughout the world, customers are choosing packaging that is environmentally friendly and sustainable. As a result, the demand for pre-packaged sandwiches is increasing.
In 2021, non-vegetarian products held a proportion of more than 70.0%, which was the greatest. Products that are not vegetarian are thought to be a good source of protein and important micronutrients including iron, zinc, and vitamins. Animal protein sources, such as bacon, sausage, chicken, and egg white, have significantly increased in popularity as sandwich filling during the past few years. The market for meat products has been pushed by the rapid urbanization of developing nations like China and Brazil, which has strengthened the infrastructure, especially the cold chain. Additionally, a variety of packaged foods made with poultry meat, bacon, eggs, and fish have grown significantly in favor among millennials who are looking for a nutritious ready-to-eat meal.
US Sandwiches Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Sandwiches Market Report Snapshots
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