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NEW YORK , June 14, 2022 /PRNewswire/ -- The deli meat market report is segmented by application (printing inks, paints and coatings, plastics, and others), type (azo, phthalocyanine, and others), and geography (APAC, Europe , North America , South America , and MEA). By geography, the market growth will be led by North America during the forecast period. This growth is attributed to factors such as growth in the organized retail sector. However, market growth in this region will be slower than the growth of the market in regions. The US is a key country for the deli meat market in North America .

According to the report "Deli Meat Market by Product and Geography - Forecast and Analysis 2021-2025", the market witnessed a YOY growth of 5.23% in 2021 and will experience a CAGR of 8.05% during the forecast period. The market size is expected to grow by USD 86.89 billion from 2020 to 2025.

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Vendor Insights and Scope

The deli meat market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including Boars Head Brand, BRF SA, Cargill Inc., Conagra Brands Inc., Hormel Foods Corp., JBS SA, Maple Leaf Foods Inc., Sigma Alimentos SA de CV, The Kraft Heinz Co., and Tyson Foods Inc. among others.

The report also covers the following areas:

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By product, the cured deli meat segment will have significant market share growth during the forecast period. The popularity of packaged meats as an RTE option is one of the main factors driving the growth of this segment. Cured deli meats are generally prepared with salt, nitrites additives, and other preservative chemicals to preserve the flavor and color. The process of curing extends the life of the meat by removing moisture and altering the flavor.

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Key Market Drivers & Challenges: 

The growth in organized retail is driving the growth of the global daily meat market. Supermarkets and hypermarkets offer a diverse range of products. The number of supermarkets is increasing. In addition, countries such as India , Brazil , and Mexico are witnessing a considerable increase in supermarket penetration. Fresh and packaged foods must pass through organized retail outlets on their way from producers to consumers.

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Meat Packaging Market by Material and Geography - Forecast and Analysis 2022-2026

Protein Ingredients Market by Source and Geography - Forecast and Analysis 2022-2026

Accelerate at a CAGR of 8.05%

North America, Europe, APAC, MEA, and South America

US, Germany, China, France, and Italy

Leading companies, Competitive strategies, Consumer engagement scope

Boars Head Brand, BRF SA, Cargill Inc., Conagra Brands Inc., Hormel Foods Corp., JBS SA, Maple Leaf Foods Inc., Sigma Alimentos SA de CV, The Kraft Heinz Co., and Tyson Foods Inc.

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

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 

Contact  Technavio Research  Jesse Maida  Media & Marketing Executive  US: +1 844 364 1100  UK: +44 203 893 3200  Email: [email protected]   Website: www.technavio.com/ 

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