Chilled And Deli Food Market Overview
The Chilled And Deli Food Market Size was estimated at 97.05 (USD Billion) in 2022. The Chilled And Deli Food Market Industry is expected to grow from 100.52(USD Billion) in 2023 to 137.86 (USD Billion) by 2032. The Chilled And Deli Food Market CAGR (growth rate) is expected to be around 3.57% during the forecast period (2024 - 2032).
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Chilled And Deli Food Market Trends Highlighted
The Chilled and Deli Food Market is experiencing a surge in demand driven by evolving consumer preferences for fresh, convenient, and healthier food options. Consumers are increasingly seeking high-quality, ready-to-eat meals that align with their fast-paced lifestyles. The market has witnessed a rise in demand for grab-and-go items, including salads, sandwiches, wraps, and other pre-packaged meals. Additionally, consumers are prioritizing food safety and hygiene, leading to increased demand for products with transparent packaging and clear labeling. The market is also seeing growth in plant-based and gluten-free options, catering to the growing number of consumers with dietary restrictions.
Chilled And Deli Food Market Drivers
Growing Health Consciousness
Consumers are increasingly becoming health-conscious and are looking for food options that are both healthy and convenient. Chilled and deli foods offer a range of healthy options, such as fresh fruits, vegetables, salads, and sandwiches, which are appealing to health-conscious consumers. The growing demand for healthy food options is expected to drive the growth of the Chilled And Deli Food Market Industry in the coming years. In addition to the growing health consciousness, the increasing popularity of convenience foods is also driving the growth of the chilled and deli food market.Consumers are increasingly looking for food options that are quick and easy to prepare, which makes chilled and deli foods an attractive option. The convenience factor is expected to continue to drive the growth of the chilled and deli food market in the coming years. Moreover, the rising disposable income in developing countries is also contributing to the growth of the chilled and deli food market. As consumers in developing countries have more disposable income, they are increasingly spending on food and beverages, including chilled and deli foods.The rising disposable income is expected to continue to drive the growth of the chilled and deli food market in the coming years.
Expansion of Retail and Foodservice Channels
The expansion of retail and foodservice channels is also driving the growth of the Chilled And Deli Food Market Industry. The increasing number of supermarkets, hypermarkets, and convenience stores is providing more space for chilled and deli foods. In addition, the growing popularity of online grocery shopping is also making chilled and deli foods more accessible to consumers. The expansion of retail and foodservice channels is expected to continue to drive the growth of the chilled and deli food market in the coming years.
Product Innovation and Product Launches
Product innovation and product launches are also contributing to the growth of the Chilled And Deli Food Market Industry. Food manufacturers are constantly innovating new products to meet the changing demands of consumers. For example, some manufacturers are now offering chilled and deli foods that are gluten-free, low-fat, or organic. The increasing variety of chilled and deli foods is expected to continue to drive the growth of the market in the coming years.
Chilled And Deli Food Market Segment Insights
Chilled And Deli Food Market Product Type Insights
The Chilled And Deli Food Market is segmented by product type into Dairy and Eggs, Meat and Poultry, Seafood, and Deli Salads. Among these segments, Dairy and Eggs held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period. The growth of this segment can be attributed to the increasing demand for dairy products such as milk, cheese, and yogurt. Furthermore, the growing popularity of plant-based dairy alternatives is also contributing to the growth of this segment. Meat and Poultry is another major segment in the Chilled And Deli Food Market.The increasing demand for protein-rich foods is driving the growth of this segment. Moreover, the growing popularity of ready-to-eat meals is also contributing to the growth of this segment. Seafood is a niche segment in the Chilled And Deli Food Market. The growth of this segment can be attributed to the increasing demand for healthy and nutritious food options. Moreover, the growing popularity of sushi and other seafood dishes is also contributing to the growth of this segment. Deli Salads is a small but growing segment in the Chilled And Deli Food Market.The growth of this segment can be attributed to the increasing demand for convenience foods. Moreover, the growing popularity of healthy and flavorful food options is also contributing to the growth of this segment. Overall, the Chilled And Deli Food Market is expected to witness significant growth over the forecast period. The growing demand for convenience foods, healthy and nutritious food options, and ready-to-eat meals is driving the growth of this market.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Chilled And Deli Food Market Packaging Material Insights
Packaging plays a crucial role in preserving the freshness, quality, and safety of chilled and deli foods. Plastic is the most widely used packaging material for chilled and deli foods, owing to its low cost, versatility, and ability to extend product shelf life. It is commonly used for packaging products such as cheese, deli meats, and pre-made salads. Metal packaging, such as cans and foil containers, is another popular choice due to its durability and ability to protect products from light and oxygen. Glass packaging is often used for premium products, as it provides a clear view of the product and offers excellent barrier properties.Paper and cardboard are also used for packaging chilled and deli foods, particularly for products that require breathability, such as fresh produce and baked goods. The choice of packaging material for chilled and deli foods depends on several factors, including product type, shelf life requirements, and environmental considerations. Plastic packaging is generally less expensive and more lightweight than other materials, making it suitable for products with shorter shelf lives. Metal packaging offers superior protection against light and oxygen, making it ideal for products that are sensitive to spoilage.Glass packaging provides a premium look and feel and is often used for products that are intended to be displayed in retail settings. Paper and cardboard packaging is biodegradable and recyclable, making it an environmentally friendly option for products that do not require a high level of protection.
Chilled And Deli Food Market Distribution Channel Insights
The Chilled And Deli Food Market is segmented by distribution channel into supermarkets and hypermarkets, convenience stores, online retailers, and specialty stores. Among these, supermarkets and hypermarkets held the largest share of the market in 2023, accounting for over 50% of the Chilled And Deli Food Market revenue. This is due to the wide variety of chilled and deli products offered by these channels, as well as their convenient locations. Convenience stores are expected to be the fastest-growing segment over the forecast period, due to the increasing popularity of on-the-go snacks and meals.Online retailers are also expected to see strong growth, as more consumers shop for groceries online. Specialty stores, such as butchers and cheese shops, are expected to continue to play a niche role in the market.
Chilled And Deli Food Market Application Insights
The application segment of the Chilled And Deli Food Market can be divided into breakfast, lunch, dinner, and snacks. The breakfast segment is expected to account for the largest share of the market in 2023, with a revenue of 35.2 billion USD. The lunch and dinner segments are expected to follow, with revenues of 30.5 billion USD and 28.9 billion USD, respectively. The snacks segment is expected to have the smallest share of the market, with a revenue of 16.4 billion USD. However, it is expected to grow at the fastest CAGR of 4.5% from 2024 to 2032.This growth is attributed to the increasing popularity of snacking as a meal replacement, especially among millennials and Gen Z consumers.
Chilled And Deli Food Market Consumer Type Insights
Household consumers accounted for the largest share of the Chilled And Deli Food Market in 2023, and this trend is expected to continue through 2032. The growth of the household consumer segment can be attributed to the increasing popularity of convenience foods and the rising number of working women. Institutional consumers, such as restaurants, hotels, and schools, are also expected to contribute to the growth of the Chilled And Deli Food Market. The growing demand for chilled and deli foods in the foodservice industry is expected to drive the growth of this segment.
Chilled And Deli Food Market Regional Insights
The Chilled And Deli Food Market is segmented into North America, Europe, APAC, South America, and MEA. The North American region held the largest market share in 2023, and is expected to continue to dominate the market throughout the forecast period. The region's large population base, high disposable income, and growing demand for convenience foods are key factors driving its dominance. Europe is the second-largest market for chilled and deli foods, with a significant market share. The region's aging population and increasing demand for healthy and convenient food options are contributing to its market growth.The APAC region is expected to witness the fastest growth over the forecast period, due to rising disposable income, growing urbanization, and changing lifestyles. South America and MEA are also expected to contribute to the market growth, albeit at a slower pace.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Chilled And Deli Food Market Key Players And Competitive Insights
Major players in the Chilled And Deli Food Market are focusing on expanding their product portfolio and geographical presence to cater to the growing demand for chilled and deli food products. They are also investing in research and development to innovate and develop new products that meet evolving consumer preferences. Leading Chilled And Deli Food Market players are adopting various strategies such as mergers, acquisitions, and strategic partnerships to strengthen their market position and increase their market share. The Chilled And Deli Food Market industry is highly competitive, with a large number of domestic and international players operating in the market. Some of the key players in the Chilled And Deli Food Market include Kraft Heinz, Unilever, Nestlé, Danone, and PepsiCo. These companies have a strong presence and offer a wide range of chilled and deli food products to meet the diverse needs of consumers.Mondelez International is a leader in the Chilled And Deli Food Market industry. The company has a strong portfolio of iconic brands, including Oreo, Cadbury, and Nabisco. Mondelez International has a wide geographical presence, with operations in over 150 countries. The company is focused on driving growth through innovation and product development. It is also investing in expanding its distribution network to reach more consumers.Nestlé is another leading player in the Chilled And Deli Food Market. The company has a strong presence in the dairy and frozen food categories. Nestlé is focused on providing healthy and nutritious food products to consumers. The company is also investing in research and development to develop new products that meet evolving consumer preferences. Nestlé has a wide geographical presence, with operations in over 180 countries. The company is focused on driving growth through innovation and product development. It is also investing in expanding its distribution network to reach more consumers.
Key Companies in the Chilled And Deli Food Market Include
- Dabur India Limited
- Nestlé
- Kellogg's
- Mondelez International
- Kraft Heinz
- Unilever
- General Mills
- Britannia Industries Limited
- Parle Products
- PepsiCo
- Danone
- CocaCola
- Ferrero S.p.A.
- Mars, Incorporated
- ITC Limited
Chilled And Deli Food Market Industry Developments
The Chilled And Deli Food Market is poised to reach a valuation of USD 137.86 billion by 2032, expanding at a CAGR of 3.57% from 2024 to 2032. Growing demand for convenience foods, increasing disposable income, and changing lifestyles are key factors driving market growth. The market is witnessing the emergence of new product launches, such as plant-based chilled foods and ready-to-eat meals, catering to evolving consumer preferences. Technological advancements in packaging and preservation techniques are also contributing to the market's growth. Major players are focusing on strategic partnerships, acquisitions, and expansions to strengthen their market position. The market is expected to face challenges related to food safety concerns and competition from the frozen food industry. However, ongoing innovations and the growing popularity of online grocery shopping are anticipated to provide growth opportunities in the future.
Chilled And Deli Food Market Segmentation Insights
Chilled And Deli Food Market Product Type Outlook
- Dairy and Eggs
- Meat and Poultry
- Seafood
- Deli Salads
Chilled And Deli Food Market Packaging Material Outlook
- Plastic
- Metal
- Glass
- Paper and Cardboard
Chilled And Deli Food Market Distribution Channel Outlook
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retailers
- Specialty Stores
Chilled And Deli Food Market Application Outlook
- Breakfast
- Lunch
- Dinner
- Snacks
Chilled And Deli Food Market Consumer Type Outlook
- Household Consumers
- Institutional Consumers
Chilled And Deli Food Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
97.05(USD Billion) |
| Market Size 2023 |
100.52(USD Billion) |
| Market Size 2032 |
137.86(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
3.57% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Dabur India Limited, Nestlé, Kellogg's, Mondelez International, Kraft Heinz, Unilever, General Mills, Britannia Industries Limited, Parle Products, PepsiCo, Danone, CocaCola, Ferrero S.p.A., Mars, Incorporated, ITC Limited |
| Segments Covered |
Product Type, Packaging Material, Distribution Channel, Application, Consumer Type, Regional |
| Key Market Opportunities |
Health-conscious consumers Growing demand for convenience Expansion into emerging markets Innovation in packaging and preservation Increasing consumer spending |
| Key Market Dynamics |
Health conscious consumerism Rise of ecommerce Changing lifestyles Expansion of the retail sector Increasing preference for convenience |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Chilled And Deli Food Market is expected to reach a valuation of 100.52 billion USD in 2023.
The Chilled And Deli Food Market is projected to grow at a CAGR of 3.57% from 2024 to 2032.
North America is expected to hold the largest market share in the Chilled And Deli Food Market in 2032.
The key growth drivers of the Chilled And Deli Food Market include increasing demand for convenience foods, rising disposable income, and growing health consciousness.
The major competitors in the Chilled And Deli Food Market include Nestle, Kraft Heinz, Unilever, and Danone.
The Chilled And Deli Food Market is expected to reach a valuation of 137.86 billion USD in 2032.
The key trends in the Chilled And Deli Food Market include the growing popularity of plant-based alternatives, the increasing demand for ethnic flavors, and the rising adoption of e-commerce.
The key challenges faced by the Chilled And Deli Food Market include rising raw material costs, intense competition, and changing consumer preferences.
The potential opportunities for the Chilled And Deli Food Market include the growing demand for healthy and convenient foods, the expansion of emerging markets, and the increasing adoption of new technologies.
Chilled And Deli Food finds applications in various sectors such as retail, food service, and e-commerce.
