Cold Cuts Market size to grow by USD 153.31 billion from 2022 to 2027, Driven by the rising health consciousness among consumers and demand for low-fat and low-sodium products - Technavio

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Apr 18, 2023, 05:30 ET

NEW YORK, April 18, 2023 /PRNewswire/ -- The latest report on cold cuts market is estimated to register an incremental growth of by USD 153.31 billion from 2022 to 2027, over at a CAGR of 9.04% during the forecast period. The increasing health consciousness among consumers and demand for low-fat and low-sodium products drives the market growth during the forecast period. The habit of eating processed meats is becoming popular among consumers. But these have negative effects on one's health as it contains high levels of sodium and fat and it is adding up to consumers' health concerns. For this reason, producers have started offering low-fat and low-sodium versions of cold cuts to satisfy consumer demand for healthier options. To release healthier product variants that appeal to customers who are concerned about their health, major players in the market have responded by making R&D investments. Hence, it is anticipated that consumers will continue to prioritize their health and well-being when making food choices. Thus, this is anticipated to boost the market growth during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and many more market insights. Request sample report

Technavio has announced its latest market research report titled Global Cold Cuts Market 2023-2027

Cold Cuts Market 2023-2027: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:

Cold Cuts Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Alfa Corporativo S.A. de C.V., Andrews Smokehouse, Boars Head Brand, BRF SA, Bridgford Foods Corp., Butcher On The Block, CrisTim Group, Evans Meats and Seafood Inc., German Butchery Retail Pty Ltd., Hormel Foods Corp., JBS SA, Maple Leaf Foods Inc., Pocino Foods Co., Seaboard Corp., Sierra Meat and Seafood, The Kraft Heinz Co., The Wursthutte, Tyson Foods Inc., Cargill Inc., and WH Group Ltd. are among some of the major market participants.

Vendor Offerings

Alfa Corporativo S.A. de C.V. - The company offers cold cuts through its subsidiary Sigma Alimentos SA de CV.
Boars Head Brand - The company offers cold cuts such as smoked uncured ham.
BRF SA - The company offers cold cuts through its brand Banvit.

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Cold Cuts Market 2023-2027: Market Dynamics

Major Driver

A major driver fueling the growth of the cold cuts market during the forecast period is the rising health consciousness among consumers and demand for low-fat and low-sodium products.
Consumers are becoming more aware of the negative effects of eating processed meats, which frequently contain a lot of sodium and fat.
Producers have begun offering low-fat and low-sodium cold cuts to meet consumer demand for healthier options. In response, major market players have invested in research and development to introduce healthier product variants that target customers who are concerned about their health.
Government regulations requiring manufacturers to disclose nutritional data on product labels have bolstered this trend globally. As a result, consumers are now more aware of the nutritional value of the products they consume.
This has also raised consumer awareness. When it comes to food choices, it is anticipated that consumers will continue to place a high value on their health and wellbeing.

Latest Trends

An emerging trend in the cold cuts market that is expected to fuel market growth is the increasing focus on product innovation and research and development investments.
In this wildly cutthroat market, makers are continually searching for better approaches to separate themselves from the opposition and deal with purchasers items that are novel.
Businesses are spending a lot of money on research and development (R&D) in order to develop new products, enhance existing ones, and incorporate novel flavors and ingredients.
Under its Raised and Rooted brand, Tyson Foods, for instance, introduced a line of vegetarian meat alternatives in 2021. The product line, which includes breakfast sausage patties, plant-based chicken tenders, and nuggets, is aimed at consumers looking for healthier and better for the environment alternatives to traditional meat-based products.
Such examples show that to fulfill moving shopper needs and separate themselves from contenders, significant market players are progressively investing on item development and Research and development.

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Cold Cuts Market 2023-2027: Segmentation

Cold Cuts Market is segmented as below:

Product

Deli Cold Cuts
Packaged Cold Cuts

Distribution Channel

Offline
Online

Geography

Europe
North America
APAC
Middle East And Africa
South America

The market share growth by the deli cold cuts segment will be significant for the market growth during the forecast period. Prepackaged cold cuts are less popular than deli cold cuts. Cooked ham, sausages, chicken breast, chicken rolls, corned beef, bologna, kielbasa, pastrami, prosciutto, roast beef, salami, pepperoni, and turkey breast are some of the items that are offered for purchase. These cold cuts appear to be fresh and do not contain any preservatives because they are freshly sliced when a customer orders them. Hence, such factors are expected to drive the growth of the segment.

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Cold Cuts Market 2023-2027: Key Highlights

CAGR of the market during the forecast period 2023-2027
Detailed information on factors that will assist cold cuts market growth during the next five years
Estimation of the cold cuts market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the cold cuts market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of cold cuts market, vendors

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Cold Cuts Market Scope
Report Coverage	Details
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 9.04%
Market growth 2023-2027	USD 153.31 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	7.89
Regional analysis	Europe, North America, APAC, Middle East and Africa, and South America
Performing market contribution	Europe at 40%
Key countries	US, Australia, Germany, France, and Sweden
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Alfa Corporativo S.A. de C.V., Andrews Smokehouse, Boars Head Brand, BRF SA, Bridgford Foods Corp., Butcher On The Block, CrisTim Group, Evans Meats and Seafood Inc., German Butchery Retail Pty Ltd., Hormel Foods Corp., JBS SA, Maple Leaf Foods Inc., Pocino Foods Co., Seaboard Corp., Sierra Meat and Seafood, The Kraft Heinz Co., The Wursthutte, Tyson Foods Inc., Cargill Inc., and WH Group Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global cold cuts market 2017 - 2021

Exhibit 18: Historic Market Size – Data Table on Global cold cuts market 2017 - 2021 ($ billion)

4.2 Product Segment Analysis 2017 - 2021

Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)

4.3 Distribution channel Segment Analysis 2017 - 2021

Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ billion)

4.4 Geography Segment Analysis 2017 - 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021

Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments

Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

6.2 Comparison by Product

Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product

6.3 Deli cold cuts - Market size and forecast 2022-2027

Exhibit 34: Chart on Deli cold cuts - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Deli cold cuts - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Deli cold cuts - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Deli cold cuts - Year-over-year growth 2022-2027 (%)

6.4 Packaged cold cuts - Market size and forecast 2022-2027

Exhibit 38: Chart on Packaged cold cuts - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Packaged cold cuts - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Packaged cold cuts - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Packaged cold cuts - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Product

Exhibit 42: Market opportunity by Product ($ billion)
Exhibit 43: Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by Distribution Channel

7.1 Market segments

Exhibit 44: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 45: Data Table on Distribution Channel - Market share 2022-2027 (%)

7.2 Comparison by Distribution Channel

Exhibit 46: Chart on Comparison by Distribution Channel
Exhibit 47: Data Table on Comparison by Distribution Channel

7.3 Offline - Market size and forecast 2022-2027

Exhibit 48: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 50: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Offline - Year-over-year growth 2022-2027 (%)

7.4 Online - Market size and forecast 2022-2027

Exhibit 52: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 54: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Online - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Distribution Channel

Exhibit 56: Market opportunity by Distribution Channel ($ billion)
Exhibit 57: Data Table on Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 59: Chart on Market share by geography 2022-2027 (%)
Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison

Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison

9.3 Europe - Market size and forecast 2022-2027

Exhibit 63: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 64: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.4 North America - Market size and forecast 2022-2027

Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027

Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 Middle East and Africa - Market size and forecast 2022-2027

Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.7 South America - Market size and forecast 2022-2027

Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027

Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 Germany - Market size and forecast 2022-2027

Exhibit 87: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 89: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.10 France - Market size and forecast 2022-2027

Exhibit 91: Chart on France - Market size and forecast 2022-2027 ($ billion)
Exhibit 92: Data Table on France - Market size and forecast 2022-2027 ($ billion)
Exhibit 93: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on France - Year-over-year growth 2022-2027 (%)

9.11 Sweden - Market size and forecast 2022-2027

Exhibit 95: Chart on Sweden - Market size and forecast 2022-2027 ($ billion)
Exhibit 96: Data Table on Sweden - Market size and forecast 2022-2027 ($ billion)
Exhibit 97: Chart on Sweden - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Sweden - Year-over-year growth 2022-2027 (%)

9.12 Australia - Market size and forecast 2022-2027

Exhibit 99: Chart on Australia - Market size and forecast 2022-2027 ($ billion)
Exhibit 100: Data Table on Australia - Market size and forecast 2022-2027 ($ billion)
Exhibit 101: Chart on Australia - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on Australia - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography

Exhibit 103: Market opportunity by geography ($ billion)
Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

Exhibit 105: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 107: Overview on factors of disruption

11.4 Industry risks

Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 109: Vendors covered

12.2 Market positioning of vendors

Exhibit 110: Matrix on vendor position and classification

12.3 Alfa Corporativo S.A. de C.V.

Exhibit 111: Alfa Corporativo S.A. de C.V. - Overview
Exhibit 112: Alfa Corporativo S.A. de C.V. - Business segments
Exhibit 113: Alfa Corporativo S.A. de C.V. - Key offerings
Exhibit 114: Alfa Corporativo S.A. de C.V. - Segment focus

12.4 Boars Head Brand

Exhibit 115: Boars Head Brand - Overview
Exhibit 116: Boars Head Brand - Product / Service
Exhibit 117: Boars Head Brand - Key offerings

12.5 BRF SA

Exhibit 118: BRF SA - Overview
Exhibit 119: BRF SA - Product / Service
Exhibit 120: BRF SA - Key offerings

12.6 Bridgford Foods Corp.

Exhibit 121: Bridgford Foods Corp. - Overview
Exhibit 122: Bridgford Foods Corp. - Business segments
Exhibit 123: Bridgford Foods Corp. - Key offerings
Exhibit 124: Bridgford Foods Corp. - Segment focus

12.7 Butcher On The Block

Exhibit 125: Butcher On The Block - Overview
Exhibit 126: Butcher On The Block - Product / Service
Exhibit 127: Butcher On The Block - Key offerings

12.8 Cargill Inc.

Exhibit 128: Cargill Inc. - Overview
Exhibit 129: Cargill Inc. - Product / Service
Exhibit 130: Cargill Inc. - Key news
Exhibit 131: Cargill Inc. - Key offerings

12.9 CrisTim Group

Exhibit 132: CrisTim Group - Overview
Exhibit 133: CrisTim Group - Product / Service
Exhibit 134: CrisTim Group - Key offerings

12.10 Evans Meats and Seafood Inc.

Exhibit 135: Evans Meats and Seafood Inc. - Overview
Exhibit 136: Evans Meats and Seafood Inc. - Product / Service
Exhibit 137: Evans Meats and Seafood Inc. - Key offerings

12.11 Hormel Foods Corp.

Exhibit 138: Hormel Foods Corp. - Overview
Exhibit 139: Hormel Foods Corp. - Business segments
Exhibit 140: Hormel Foods Corp. - Key news
Exhibit 141: Hormel Foods Corp. - Key offerings
Exhibit 142: Hormel Foods Corp. - Segment focus

12.12 JBS SA

Exhibit 143: JBS SA - Overview
Exhibit 144: JBS SA - Business segments
Exhibit 145: JBS SA - Key offerings
Exhibit 146: JBS SA - Segment focus

12.13 Maple Leaf Foods Inc.

Exhibit 147: Maple Leaf Foods Inc. - Overview
Exhibit 148: Maple Leaf Foods Inc. - Business segments
Exhibit 149: Maple Leaf Foods Inc. - Key offerings
Exhibit 150: Maple Leaf Foods Inc. - Segment focus

12.14 Seaboard Corp.

Exhibit 151: Seaboard Corp. - Overview
Exhibit 152: Seaboard Corp. - Business segments
Exhibit 153: Seaboard Corp. - Key offerings
Exhibit 154: Seaboard Corp. - Segment focus

12.15 The Kraft Heinz Co.

Exhibit 155: The Kraft Heinz Co. - Overview
Exhibit 156: The Kraft Heinz Co. - Business segments
Exhibit 157: The Kraft Heinz Co. - Key offerings
Exhibit 158: The Kraft Heinz Co. - Segment focus

12.16 Tyson Foods Inc.

Exhibit 159: Tyson Foods Inc. - Overview
Exhibit 160: Tyson Foods Inc. - Business segments
Exhibit 161: Tyson Foods Inc. - Key offerings
Exhibit 162: Tyson Foods Inc. - Segment focus

12.17 WH Group Ltd.

Exhibit 163: WH Group Ltd. - Overview
Exhibit 164: WH Group Ltd. - Business segments
Exhibit 165: WH Group Ltd. - Key offerings
Exhibit 166: WH Group Ltd. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 167: Inclusions checklist
Exhibit 168: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 169: Currency conversion rates for US$

13.4 Research methodology

Exhibit 170: Research methodology
Exhibit 171: Validation techniques employed for market sizing
Exhibit 172: Information sources

13.5 List of abbreviations

Exhibit 173: List of abbreviations

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