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Global Deli Meat Market Forecast, 2019-2023: Key Players are BRF, Cargill, Hormel Foods Corporation, JBS, and Tyson Foods - ResearchAndMarkets.com

February 21, 2019

DUBLIN--(BUSINESS WIRE)--Feb 21, 2019--The “Global Deli Meat Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The deli meat market will register a CAGR of almost 11% by 2023.

The sale of deli meats through organized retail channels such as supermarkets, hypermarkets generates significant revenues

The increasing urbanization globally has decreased the availability of time among customers, which has increased the importance of convenience food. This expansion of organized retail sector with the increasing number of supermarkets, hypermarkets, and specialty stores has been driving the sales of deli meat products globally, which is expected increase during the forecast period.

With the growth in population, the need for supermarkets has increased amid rising demand for efficient food distribution. As supermarkets and hypermarkets are among the largest sales channels for deli meat, the growth in the number and penetration of these modern retail channels has helped in making deli meat more accessible to a wider consumer base.

Increase in product launches

The growing number of product launches is raising awareness, versatility, and the availability of new and innovative flavors of deli meats in the market. Manufacturers of meat products are adopting innovative and distributive strategies to increase the market size of these products. New product launches by regional and international players have been one of the primary factors contributing to the growth of the market.

Growth in popularity of vegan diets and plant-based proteins

The growing popularity of vegan diets and plant-based proteins is one of the negative trends that can influence the market during the forecast period. Veganism is termed as the practice of abstaining from the use of animal products, particularly in the diet. The number of consumers adopting veganism is rising globally because of health benefits such as the reduced risk of obesity and healthier heart.

Competitive Landscape

The market appears to be moderately fragmented with the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

Key Players

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY PRODUCT

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

PART 11: VENDOR LANDSCAPE

PART 12: VENDOR ANALYSIS

For more information about this report visit https://www.researchandmarkets.com/research/t32whd/global_deli_meat?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190221005426/en/

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Related Topics:Meat, Poultry and Eggs

KEYWORD:

INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 02/21/2019 06:10 AM/DISC: 02/21/2019 06:11 AM

http://www.businesswire.com/news/home/20190221005426/en