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U.S. & Canada Value Added Deli and Produce Market to reach the market size of $20,372.9 million | Scope and overview, 2022 Analysis & Forecast To 2031 By Key Players, Share, Trend, Segmentation

Deli is an establishment where ready to eat food such as sandwiches and packed salads are sold. Produce is a generalized term used for farmed fruits and vegetables. Value-added deli and produce include eatables and farmed crops, which have undergone processing.

The U.S. & Canada value-added deli and produce market size was valued at $12,823.8 million in 2019, and is expected to reach the market size of $20,372.9 million by 2027, growing at a CAGR of 6.5% from 2021-2027.

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The growth of the value-added deli and produce market is attributed to the convenience such food (such as ready-to-eat meals, sandwiches, and ready-to-eat salads) offers. These food products are ready-to-eat and do not require time and effort for preparation. Moreover, they are easily available in multiple retail formats such as superstores, clubs, and grocery stores. Other factors driving the growth of value-added deli & produce market in the U.S. & Canada include surge in adoption of healthy snacking habit among millennials and changes in lifestyle of people leading to less time for cooking or preparing food.

Trends like development of new supermarkets and hypermarkets are forecast to create favorable opportunities. Moreover, rising disposable income and growing demand for advanced one-stop solutions would further expand the industrial growth in the coming years.

The value of FMCG sector is forecast to reach US$ 18.5 billion by the end of the year 2028, and is anticipated to grow at a CAGR of 4.9% in the forecast period. Of all the regions, North America is dominating the entire FMCG sector and is forecast to hold the largest market share during the study period. North America FMCG sector is growing significantly owing to change in lifestyles, growing number of supermarkets, and rising urban population. Moreover, the Asia-Pacific is forecast to record the CAGR of 7.8%, because of changing lifestyles, increasing urbanization, and rising employment rate. Apart from that, increasing focus of companies and organizations towards R&D and new product launches would further boost the popularity of FMCG domain and escalate the regional growth of the market.

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However, high price of value-added deli and produce acts as a major restraint of the market. On the contrary, increase in adoption of organic fruits and vegetables among buyers is expected to provide remunerative opportunities for the growth of the U.S. & Canada value-added deli and produce market.

The U.S. & Canada value-added deli and produce market is segmented into type, sales channel, and country. Depending on type, the market is categorized into sandwiches, wraps, ready to eat salads, ready to eat meals, and produce. On the basis of sales channel, it is segregated into grocery stores, supercenters, and club. Country wise, the market is analyzed across the U.S. and Canada.
The key players operating in the U.S. & Canada value-added deli and produce market have relied on agreement, acquisitions, product launch, partnerships, and business expansion to stay competitive in the market.

The key players profiled in the report include Bonduelle, Bridgford Food Corporation, Bright farms, Calavo Growers,Inc, Dole Food Company, Dutchman’s Store, Fresh Express, Freshway Foods, Mann Packing Co., Inc., Sunripe Freshmarket, and Taylor Farmsl.

KEY BENEFITS FOR STAKEHOLDERS
– The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2019-2027 identify the prevailing U.S. & Canada value added deli and produce opportunities.
– Porter’s five forces analysis highlights the potency of buyers and supplier’s tenable stakeholder’s make profit-oriented business decisions and strengthen their supplier-buyer network.
– In-depth analysis of the size and segmentation assists in determining the prevailing market opportunities.
– The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the U.S. & Canada value added deli and produce industry.

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KEY MARKET SEGMENTATION
-By Type
o Sandwiches
o Wraps
o Ready-to-eat salads
o Ready-to-eat meals
o Produce

– By Sales Channel
o Grocery Stores
o Superstore
o Clubs

– By Country
o U.S.
o Canada

What is the aim of the report?

The market report presents the estimated market size, by the end of the forecast period. Additionally, the historical and current market size is also examined in the report.

Based on various indicators, the Year-on-Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.

An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.

The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.

The various parameters accelerating the growth of Market are incorporated in the research report.

The report analyses growth rate, market size and valuation of the Market during the forecast period.

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What aspects regarding the regional analysis Market are included in this report?

Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East and Africa region.

The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.

The growth rate of the market in every region, including their countries over the forecast period is included in the market report.

Based on what factors are the key market players assessed in this report?

The report offers detailed analysis of leading companies in the market across the globe.

It provides details of the major vendors involved in the Market including Key Players

A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and

the manufactured products is incorporated in the report.

The facts and figures about market competitors along with standpoints of leading market players are presented in the report.

The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

What is the key information extracted from the report?

Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.

The report offers the present scenario and future growth prospects Market in various geographical regions.

The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.

The SWOT analysis is conducted along with Porter’s Five Force analysis.

The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

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Updated : 2022-01-24 00:15 GMT+08:00

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