Pre-packaged Sandwiches Market Size Is Anticipated To Reach USD 18.2 Billion By 2025 : Grand View Research Inc.

Pre-packaged Sandwiches Market

San Francisco, 25 November 2019: The Report Pre‐packaged Sandwiches Market Size, Share & Trends Analysis Report By Product (Non-vegetarian, Vegetarian), By Application (Household, HoReCa), By Region, And Segment Forecasts, 2019 – 2025

The global pre‐packaged sandwiches market size is expected to reach USD 18.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% over the forecast period. Rising demand for pre-packaged food among the young and millennial population due to the hectic schedule has been fueling the demand for the product across the world. In addition, sandwich is a lightweight cost-effective meal that contains all the essential nutrients including vitamins, minerals, and proteins. As a result, it has gained remarkable popularity among the health-conscious consumers who work in a hectic schedule.

The non-vegetarian products dominated the market in 2018 due to its high protein content. The products are available in a wide range of variants including egg, chicken, sausage, bacon, and beef. The vegetarian products are expected to expand at the fastest CAGR of 5.3% from 2019 to 2025. Over the past few years, increasing adoption of veganism across the globe has been fueling the demand for vegetarian or plant-based products.

Food service or HoReCa held the largest market share in 2018. Majority of the restaurants keep sandwiches in their menu considering the increasing demand for the product. The household segment for pre-packaged products is anticipated to reach USD 5.6 billion by the end of 2025. Rising penetration of e-commerce in the foodservice sector is expected to accelerate the growth of the market for pre-packaged sandwiches in the upcoming years.

Asia Pacific is expected to expand at the fastest CAGR of 9.3% from 2019 to 2015. Increasing demand for pre-packaged food, along with a wide range of product availability in the developing countries including China, India, Indonesia, and Malaysia, is anticipated to drive the demand for the product in the near future. Furthermore, increasing female participation in the workforce remains a key driving factor in this region.

Key competitors of this industry include Marks & Spencer Group plc; Greencore Group plc; Tyson Foods, Inc.; Landshire, Inc.; Norac Food; Raynor Foods; The Brunch Box; Around Noon; Grand Strand Sandwich Company Inc.; and URBANeat.

Access Research Report of Pre-packaged Sandwiches Market @ https://www.grandviewresearch.com/industry-analysis/pre-packaged-sandwiches-market

Further key findings from the report suggest:
  • North America dominated the market in 2018, accounting for 30.0% share of the global revenue
  • Asia Pacific is expected to expand at the fastest CAGR of 9.3% from 2019 to 2025
  • The HoReCa or food service application segment held the largest share of 70.9% in 2018
  • Vegetarian products are expected to expand at the fastest CAGR of 5.3% from 2019 to 2025.
Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/consumer-f-and-b

Grand View Research has segmented the global pre‐packaged sandwiches market on the basis of product, application, and region:
Pre-packaged Sandwiches Product Outlook (Revenue, USD Million, 2015 - 2025)
  • Non-vegetarian
  • Vegetarian
Pre-packaged Sandwiches Application Outlook (Revenue, USD Million, 2015 - 2025)
  • Household
  • HoReCa
Pre-packaged Sandwiches Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

Access Press Release of Pre-packaged Sandwiches Market @ https://www.grandviewresearch.com/press-release/global-pre-packaged-sandwiches-market

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com

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