Growth Trends In The Deli Meat Industry, 2018-2030: Artisanal Cold Cuts And Plant-Based Innovations Expand Deli Meat Horizons


(MENAFN- GlobeNewsWire - Nasdaq) Hormel Foods Corporation, Cargill Incorporated, Tyson Foods, JBS, and Maple Leaf Foods Lead Global Revenue Shares

Dublin, Jan. 24, 2025 (GLOBE NEWSWIRE) -- The "Deli Meat market Size, Share & Trends Analysis by Product, Source, Distribution, and Region, 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The global deli meat market size was valued at USD 247 billion in 2023 and is expected to grow at a CAGR of 4.3% from 2024 to 2030. One of the primary drivers is the increasing demand for convenience foods. As urbanization continues, consumers seek quick and easy meal options that fit into their busy lives. This shift toward convenience has led to a surge in the popularity of packaged deli meats, which are readily accessible in supermarkets and convenience stores.

Another significant factor contributing to market growth is the rising health consciousness among consumers. There is a growing awareness of the health benefits of organic and natural deli meats, which are perceived as healthier alternatives to traditionally processed meats. Consumers are increasingly scrutinizing food labels, leading to a preference for products free from preservatives, additives, and artificial ingredients. This trend has prompted manufacturers to expand their offerings to include organic and clean-label deli meat options, catering to the demand for healthier food choices.
Product innovation plays a crucial role in driving the deli meat market forward. Manufacturers continuously launch new flavors, varieties, and formulations to appeal to diverse consumer tastes. Introducing specialty and artisanal cold cuts has gained traction, attracting consumers interested in unique flavor profiles and high-quality ingredients. Developing plant-based deli meat alternatives also reflects a broader trend toward vegetarian and vegan diets, further expanding the market's reach. These innovations enhance product variety and encourage trial and repeat purchases among consumers.
Expanding distribution channels is another important driver of growth in the industry. Supermarkets and hypermarkets dominate the retail landscape, accounting for a significant share of deli meat sales. E-commerce has also transformed how consumers purchase deli meats, with online grocery shopping becoming increasingly popular. This shift allows consumers to access a broader range of products from the comfort of their homes, enhancing convenience and driving sales growth. Furthermore, partnerships between retailers and food brands have facilitated greater visibility and availability of deli meat products.
Regional dynamics also influence the growth of the industry. Due to established eating habits and extensive distribution networks, North America remains a stronghold for deli meat consumption. However, emerging markets in Asia-Pacific are projected to experience rapid growth as consumer preferences shift toward Western-style diets that incorporate deli meats. The increasing disposable income in these regions enables consumers to explore new culinary experiences, thus driving demand for deli meat products.
The impact of lifestyle changes is another critical driver for industry growth. As more people adopt fast-paced lifestyles characterized by longer working hours and increased mobility, there is a greater reliance on convenient food options like deli meats. The trend toward snacking and on-the-go meals has further solidified the role of deli meats as essential components in modern diets. This evolving consumer behavior underscores the importance of adaptability within the deli meat market as it responds to ongoing shifts in dietary patterns and preferences.
One of the most significant challenges for the industry is the growing health concerns associated with processed meats. Research has linked the consumption of processed meats to increased risks of various health issues, including heart disease, cancer, and obesity. The World Health Organization (WHO) has classified certain processed meats as carcinogenic, which has heightened public awareness and concern about their health implications. This shift in consumer perception leads many to seek alternatives, such as plant-based proteins or fresh, minimally processed meats, thereby reducing demand for traditional deli meats.
The rise of plant-based diets has introduced intense competition for the deli meat market. Alternatives such as tofu, tempeh, and lab-grown meats are gaining popularity among consumers looking for healthier or more sustainable options. This competition threatens traditional deli meats' market share and compels manufacturers to innovate and diversify their product offerings to retain consumer interest. As more consumers gravitate toward these alternatives, deli meat producers may face declining sales unless they can effectively respond to this trend.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve

Key Attributes

Report Attribute Details
No. of Pages 80
Forecast Period 2023-2030
Estimated Market Value (USD) in 2023 $247 Billion
Forecasted Market Value (USD) by 2030 $331.02 Billion
Compound Annual Growth Rate 4.3%
Regions Covered Global

Key Topics Covered
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Product Outlook
2.3. Source Outlook
2.4. Distribution Outlook
2.5. Competitive Landscape Outlook
Chapter 3. Deli Meat Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Outlooks
3.3.2. Manufacturing and Technology Trends
3.3.3. Sales Channel Analysis
3.3.4. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Market Opportunities
3.4.4. Market Challenges
3.5. Industry Analysis - Porter's Five Forces Analysis
3.6. Market Entry Strategies

Chapter 4. Deli Meat Market: Product Estimates & Trend Analysis
4.1. Deli Meat Market, by Product: Key Takeaways
4.2. Product Movement Analysis & Market Share, 2023 & 2030
4.3. Market Estimates & Forecasts, by Product, 2018-2030 (USD Billion)
4.3.1. Cured Deli Meat
4.3.2. Uncured Deli Meat

Chapter 5. Deli Meat Market: Source Estimates & Trend Analysis
5.1. Deli Meat Market, by Source: Key Takeaways
5.2. Source Movement Analysis & Market Share, 2023 & 2030
5.3. Market Estimates & Forecasts, by Source, 2018-2030 (USD Billion)
5.3.1. Pork
5.3.2. Chicken
5.3.3. Beef
5.3.4. Others

Chapter 6. Deli Meat Market: Distribution Estimates & Trend Analysis
6.1. Deli Meat Market, by Distribution: Key Takeaways
6.2. Distribution Movement Analysis & Market Share, 2023 & 2030
6.3. Market Estimates & Forecasts, by Distribution, 2018-2030 (USD Billion)
6.3.1. Supermarkets & Hypermarkets
6.3.2. Convenience Stores
6.3.3. Specialty Stores
6.3.4. Online Retailers

Chapter 7. Deli Meat Market: Regional Estimates & Trend Analysis
7.1. Deli Meat Market: Regional Outlook
7.2. Regional Movement Analysis & Market Share, 2023 & 2030
7.3. Market Estimates & Forecasts, by Region & Country, 2018-2030 (USD Billion)
7.3.1. North America
7.3.2. Europe
7.3.3. Asia-Pacific
7.3.4. Central & South America
7.3.5. Middle East & Africa

Chapter 8. Competitive Analysis
8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant's Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2023 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
8.9.1. Hormel Foods Corporation
8.9.2. Cargill Incorporated
8.9.3. Tyson Foods, Inc.
8.9.4. JBS SA
8.9.5. Maple Leaf Foods, Inc.
8.9.6. Conagra Foodservice
8.9.7. American Foods Group, LLC
8.9.8. Carl Buddig Co.
8.9.9. West Liberty Foods LLC
8.9.10. Dietz & Watson

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