Latest News- Pizza Market: Quick service restaurants (QSR) is expected to lead the Distribution Channel segment during 2025-2029

The Pizza Market is being driven by Increasing consumption of pizza in developing countries

The Pizza Market is expected to grow at a CAGR of 6.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 70.1 billion. In the dynamic pizza market, online ordering has emerged as a game-changer, offering numerous advantages over traditional telephone orders. During peak hours, online platforms ensure efficiency by eliminating communication errors and preventing lost orders due to engaged phone lines. Furthermore, these alliances provide valuable consumer feedback and contribute to increased order values, as digital menus often encourage larger purchases. To expand their customer base, many pizzerias have adopted mobile app-based food ordering systems, offering direct delivery or takeaway options. The shift towards online ordering has significantly influenced the growth of the pizza market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Distribution Channel
  • Quick service restaurants (QSR)
  • Full-service restaurants (FSR)
  • Others
• Type
  • Non-vegetarian pizza
  • Vegetarian pizza
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
  • Middle East and Africa
  • South America
    • Brazil

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

• Increasing consumption of pizza in developing countries
• Rising popularity of fast-casual pizza restaurants
• Growing consumer inclination toward vegan pizza

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

• Fluctuation in prices of food commodities
• Risks associated with suppliers
• Increasing obesity and related disease among consumers

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Market Scope in Pizza Market Research Report

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Research Analysis Overview

In the dynamic pizza market, vegan pizzas and plant-based diets are gaining popularity. Vegan cheese and plant-based meats are replacing traditional toppings, while whole wheat crusts offer healthier options. BBQ chicken and gourmet pizzas continue to be favorites, but cauliflower crusts and delivery services cater to diverse dietary needs. Online ordering, garlic bread, and French fries add to the convenience. Raw materials, pizza chains, and convenience stores compete for brand recognition in this competitive industry.

Market Research Overview

The Pizza Market encompasses vendors specializing in the production and processing of pizza products, including French fries and garlic bread. Our offerings span beyond traditional pizzas to encompass gourmet and vegan options, catering to diverse dietary preferences such as plant-based diets. Our vegan pizzas feature plant-based meats and vegan cheese, aligning with the growing demand for sustainable and ethical food alternatives. Additionally, we provide artisanal pizzas, whole wheat crusts, and BBQ chicken variants. Our business model includes delivery services, retail stores, and online ordering systems, ensuring convenience for our global consumer base. The market's expansion is driven by the health benefits associated with minimally processed foods, like our fresh vegetables, which are rich in essential nutrients such as 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/