Latest News- Deli Meat Market: Cured deli meat is expected to lead the Product segment during 2025-2029

The Deli Meat Market is being driven by Growth in organized retail

The Deli Meat Market is expected to grow at a CAGR of 9.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 110.9 billion. The deli meat market is witnessing a significant shift towards plant-based and alternative protein options. This trend is fueled by various factors, including rising consumer consciousness towards health and sustainability, dietary preferences, and environmental concerns regarding meat production. Plant-based deli meat alternatives, fabricated from soy, pea protein, mushrooms, and other vegetable sources, are increasingly popular among consumers seeking healthier and more sustainable protein choices. These products deliver a meat-like texture and taste while being devoid of animal products. Moreover, they offer lower levels of saturated fat, cholesterol, and calories compared to conventional meat products, making them an attractive proposition for health-conscious consumers. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Cured deli meat
  • Uncured deli meat
• Distribution Channel
  • Offline
  • Online
• Source
  • Pork
  • Chicken
  • Beef
  • Others
• 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: 

• Growth in organized retail
• Rise in demand for packaged meat
• Escalation of disposable incomes that intend to opt for premium deli meat products

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

• Concerns adhering to stringent food safety regulations and labeling requirements
• Increase in product recalls
• Rise in concerns over health risks

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Market Scope in Deli Meat Market Research Report

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Research Analysis Overview

The Deli Meat Market encompasses various types of meat including Beef, Hog, Chicken, Veal, Ovine, offered in Cured and Uncured forms. Hypermarkets/supermarkets and Specialty stores stock these meats, which may contain Preservatives and Food additives for extended Shelf life. RTE (Ready-to-Eat) options like Flavored RTE meats, Prepackaged vacuum-packed portions, and Ready-to-cook meats are popular due to Urbanization and the Convenience foods trend. Pork offers Loaves, Canned, Sliced versions, while Pork, Chicken, and Beef are used for Dishes. Meats come in various forms like Sliced, Prepackaged, and Vacuum-packed.

Market Research Overview

The global packaged foods and meats market encompasses vendors engaged in food processing to eliminate bacteria and enhance preservation. According to Technavio, the market's size is determined by the consolidated revenue of the participating businesses. This market excludes providers of food processing machinery and manufacturers of packaged beverages, including alcoholic and non-alcoholic varieties. Factors propelling the expansion of the global packaged foods and meats market include the health benefits linked to the consumption of minimally processed foods, such as Deli Meats from brands like Boar's Head, which are rich in essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C. However, concerns regarding the presence of antibiotics and bacteria in deli meats, particularly beef and pork, may pose challenges to market growth. Charcuterie trays, a popular application of deli meats, offer convenience and versatility, but their potential link to cardiovascular diseases adds to the market's complexities.. 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/