Leading Chilled & Deli Foods Material Markets Databank
The Chilled & Deli Foods market was valued at $179,450.0 Million in 2020, and is projected to reach $266,499.9 Million by 2029 growing at a CAGR of 4.53% from 2021 to 2029. Sauces, Condiments & Dressings segment is expected to be the highest contributor to this market, with $41,477.5 Million in 2020, and is anticipated to reach $62,249.4 Million by 2029, registering a CAGR of 4.66%. Savory Appetizers segment is anticipated to reach $27,022.1 Million by 2029 with the highest CAGR of 4.86%. Sauces, Condiments & Dressings and Prepared Salads segments collectively expected to account for about 42.0% share of the Chilled & Deli Foods market in 2020, with the former constituting around 23.1% share. Savory Appetizers and Prepared Salads segments are expected to witness significant growth rates at a CAGR of 4.86% and 4.68% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 28.7% in the overall Chilled & Deli Foods market in 2020, and is anticipated to reach 29.2% by 2029.
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