Latest News- Chilled Deli Food Market: Prepared products is expected to lead the Product segment during 2025-2029

The Chilled Deli Food Market is being driven by Expansion of retail sector

The Chilled Deli Food Market is expected to grow at a CAGR of 5.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 73.1 billion. The global chilled deli food market is experiencing a notable trend towards strategic partnerships and acquisitions, with companies seeking to fortify their market positions and broaden their product offerings. This trend is notably prevalent in the UK, where major players are actively pursuing acquisitions to amplify their presence in the convenience and out-of-home food sectors. In October 2024, Kepak Group announced the acquisition of Summit Foods, a renowned producer of brands such as Snacksters, East St Deli, and Snax on the Go. This strategic acquisition is intended to bolster Kepak's standing in the food-to-go and micro-snacking segments within the UK market. This move aligns with Kepak's growth strategy, focusing on expanding its reach in the UK convenience market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Prepared products
  • Meat
  • Others
• Distribution Channel
  • Offline
  • Online
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Expansion of retail sector
• Rapid urbanization
• Growing health consciousness

However, the market also witnesses some limitations, which are as follows:

• Regulatory guidelines
• Threats of food poisoning
• Violation of storage guidelines

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Market Scope in Chilled Deli Food Market Research Report

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Research Analysis Overview

The Chilled Deli Food Market encompasses various offerings such as vegan charcuterie, specialty charcuterie, and organic charcuterie. It also includes deli snacks made from healthy, additive-free foods. The meatless deli and clean label deli segments cater to consumers seeking plant-based and high-quality options. Gourmet charcuterie and vegan foods are popular specialty foods in this market. Pre-made deli items, locally sourced foods, and high-quality charcuterie are other key trends. Food industry insights reveal growing demand for low-carb options, food delivery services, and food safety regulations. Consumers prioritize plant-based, organic, and fair-trade charcuterie, as well as food sustainability, waste reduction, and ethical considerations. Food allergies and on-the-go meals are also addressed in this market, which includes chilled food innovations and food security concerns.

Market Research Overview

The chilled deli food market encompasses vendors specializing in plant-based, additive-free deli offerings, including vegan alternatives to traditional smoked ham and pre-sliced meats. This segment caters to the growing consumer demand for healthier, minimally processed food options. The global packaged foods and meats market, as per Technavio, represents the combined revenue of these vendors, excluding food processing equipment manufacturers and producers of packaged beverages. Market expansion is driven by the health benefits associated with minimally processed foods, such as increased nutrient content from vegetables, including potassium, dietary fiber, folate, vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/