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Chilled and Deli Food Market to Escalate with a Significant Growth by 2022

Though prepacked sandwiches are widely consumed due to their expedient utility and healthy properties, with the decrease in prices and calorie content, and the development of better preservation procedures, consumers are expected to switch to other options such as salads and savory appetizers.

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Chilled and Deli Food Market to Escalate with a Significant Growth by 2022

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Chilled and Deli Food Market Global Opportunity Analysis and Industry Forecast, 2014-2022

  2. Introduction • Chilled and Deli Food Market is expected to reach $1,051,554 million by 2022, supported by a CAGR of 3.2% • The global chilled and deli food market is expected to witness notable growth in the coming years due to the increasing demand for convenience food items • Chilled and deli food has become an important part of the consumers life due to the increasing use of the chilled and deli food items in daily life • The global chilled and deli food market has the potential to generate high returns due to continuous addition of new and innovative products with new flavors, which is attracting consumers these products • Asia-Pacific was the highest revenue-generating region and is expected to grow at a CAGR of 3.8%. LAMEA is anticipated to register significant growth in the forecast period followed by North America and Europe with a CAGR of 4.0%

  3. Key Factors of the Market • The global chilled and deli food market is expected to witness notable growth in the coming years due to the increasing demand for ready to eat products • Growing demand in the packaged food industry and rising consumption of healthier food products in the food and beverages industry is attributed for this growth, however, unstable price of raw material is limiting the growth of the market • Chilled and deli food has become an important part of the lifestyle demographic because of the rising usage of preserved food products in daily life • The global prepacked sandwiches market is witnessing steady growth and is estimated to dominate nearly two-fifths of the global chilled and deli food market in terms of revenue by 2022 at a CAGR of 3.1% •  In addition, expansion of hypermarkets and supermarkets, increasing disposable income, upswing in living standards and increasing number of working women are major factors that are contributing to the growth of this market. 

  4. Get PDF Brochure of this Insight @ https://www.alliedmarketresearch.com/chilled-and-deli-food-market

  5. Key Benefits of the Market • Though Asia-Pacific is projected to continue to dominate the chilled and deli food market, LAMEA will grow at a higher CAGR of 4.0%, in terms of revenue • North America accounted for more than one-fourth share of the chilled and deli food market, in revenue, with a CAGR of 2.6% • China dominated in the Asia-Pacific chilled and deli food market, and is expected to grow at a CAGR of 4.0%, in revenue terms • The meats segment of the chilled and deli food market is expected to grow with a CAGR of 3.3%, during the forecast period • Latin America dominated the chilled and deli food market in LAMEA region with nearly half the market share, and is estimated to grow at a CAGR of 5.6%, during 2016-2022

  6. Market Segmentation

  7. Key Players of the Market • SamworthBrothers Ltd. • Tyson Foods Inc. • Hormel Foods Corporation • JBS S.A. • Kraft Foods Group Inc. • BRF S.A. • Astral Foods Ltd. • 2 Sisters Food Group • Waitrose Ltd., and • Wm Morrison Supermarkets Plc • For purchase enquiry, visit @ https://www.alliedmarketresearch.com/purchase-enquiry/1835

  8. Contact Allied Market Research About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: 5933 NE Win Sivers Drive, #205, Portland, OR 97220, United States. Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285

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