In terms of volume or sales, the global pepperoni food market is likely to expand at a CAGR of 2.4% during the forecast period, with high consumption in the US, Germany, France, UK, Italy, Spain, and Southeast Asia
Dallas, Texas, Aug. 31, 2019 (GLOBE NEWSWIRE) -- The “Global Pepperoni Foods Market Size 2018, Segmentation By Product Type (Beef Pepperoni, Pork Pepperoni, Others), By Distribution Channel (Supermarkets, Convenience Stores, Others), By Region And Forecast 2019 to 2026” study provides an elaborative view of historic, present and forecasted market estimates.
The global pepperoni foods market study is a broad compilation of market dynamics, industry competition, and market categorization. The study includes pepperoni foods market size in terms of volume (Tons) and revenue (USD Million) from 2015 to 2026. In addition to this, the global market is classified based on product type and distribution channel. In-depth profiles of key industry players is another important highlight of the global pepperoni foods market report.
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The global pepperoni food market is expected to reach a revenue of USD 2.71 Billion by the end of 2026. The market is likely to be driven by several driving factors such as steady growth in meat production as well as consumption. In terms of volume or sales, the global pepperoni food market demand is likely to expand at a CAGR of 2.4% during the forecast period.
Based on the region, Asia Pacific followed by North America and Europe were the largest pepperoni food consumers in 2018 respectively. Demand for pepperoni foods in countries such as the US, Germany, France, UK, Italy, Spain, and Southeast Asia is expected to grow significantly over the forecast period. Asia Pacific held the largest revenue share of more than 35% in 2018.
In terms of type, beef and pork pepperoni are the key market segments. The other types include the use of meat such as chicken and turkey. In terms of revenue, the market for pork pepperoni is likely to witness a CAGR of 3.5% from 2019 to 2026. Based on the distribution channel, the market is classified into convenience stores, supermarket, and others. Convenience stores segment is projected to witness high growth in the coming years for pepperoni food sales. This category of distribution channel offers more variety of pepperoni foods than other segments. Furthermore, quicker service, strong consumer loyalty along with competitive pricing are also some of the key factors driving the sales of pepperoni food through this segment.
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In terms of market competition, the intensity of company rivalry is expected to be moderate during the years ahead. Key players operating in the pepperoni foods market include Salumificio Fratelli Beretta (Group), MCS Vágóhíd Zrt (Pick Szeged), TULIP FOOD COMPANY A/S, Battistoni Italian Specialty Meats, LLC, Danish Crown Toppings (DK Foods), Pallas Foods Ltd, Franz Wiltmann GmbH & Co. KG.
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Major points from Table of Contents:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Market Overview By Product Type
Chapter 5. Market Overview By Distribution Channel
Chapter 6. Market Overview By Region
Chapter 7. Market Competition
Chapter 8. Company Profiles
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