Chilled and Deli Foods Market Size Worth $379.92 Billion By 2032 | CAGR: 5.6%

The global chilled and deli foods market size is expected to reach USD 379.92 billion by 2032, according to a new study by Polaris Market Research. The report “Chilled and Deli Foods Market Share, Size, Trends, Industry Analysis Report, By Product (Meat, Cheese, Prepared Products), By Nature (Conventional, Organic), By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

One of the primary trends propelling market growth is the increasing consumer preference for chilled and deli products, driven by their interest in understanding the nutritional content of food. Additionally, the demand for prepared meals is rising due to consumers' busy lifestyles and the convenience these meals provide, making it a significant trend likely to drive market growth throughout the forecast period. To meet the growing customer demand, manufacturers are expanding their offerings of chilled and deli foods in the healthy food category, introducing various options such as vegan, gluten-free, and dairy-free products. This increased variety is significantly expanding the market for chilled and deli foods on a global scale.

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Increasing consumer demand for chilled and deli foods has led to supermarkets and hypermarkets, including major retailers like Walmart and Target, dedicating more shelf space to these products. This trend is particularly prominent in developed countries such as the U.S., the UK, Germany, and France, where consumers are increasingly seeking convenient and ready-to-eat options. As a result, supermarkets and hypermarkets are expanding their offerings of chilled and deli foods to cater to the preferences and needs of their customers, leading to a greater presence of these products on their shelves.

Industry is witnessing growth trends, including mergers & acquisitions, particularly among key players, which are expected to drive market expansion. For instance, in December 2021, MamaMancini’s Holdings completed the acquisition of the T&L Creative Salads & Olive Branch, distributed to over 250 delis, bagel shops, & distributors in the New York. Through these acquisitions, MamaMancini's aims to enhance its net income and expand its distribution network, further fueling its market presence and growth.

Chilled and Deli Foods Market Report Highlights

• Organic segment dominated the market, as they are free from any adulterants, locally sourced, & have high nutritional value
• Online channels will grow at the steady rate, primarily due to heavy discounts & cash backs on minimal shopping
• APAC will grow at rapid pace, owing to the growing population seeking low calorie high nutritious foods
• The global key market players include General Mills, PepsiCo, Kraft Heinz, Nestle, Kellogg Company, Unilever, Calbee, and Intersnack Group

Polaris Market Research has segmented the chilled and deli foods market report based on product, nature, distribution channel, and region:

Chilled and Deli Foods, Product Outlook (Revenue - USD Billion, 2023 - 2032)

• Meat
• Cheese
• Spreads, Dips & Sauces
• Pickles/Relish
• Prepared Products
• Prepared Meals & Meats
  • Salads
  • Sandwiches
  • Appetizers
  • Side Dishes
  • Soups
  • Pizza
  • Breakfast
  • Others (Holiday Combos, Desserts)
• Others (Trays, Holiday Meals, etc.)

Chilled and Deli Foods, Nature Outlook (Revenue - USD Billion, 2023 - 2032)

• Conventional
• Organic

Chilled and Deli Foods, Distribution Channel Outlook (Revenue - USD Billion, 2023 - 2032)

• Hypermarkets & Supermarkets
• Convenience Stores
• Departmental Stores
• Specialty Stores
• Online
• Others

Chilled and Deli Foods, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Chilled and Deli Foods Market Report Scope