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

Comments

Post a Comment

Popular posts from this blog

Asia Pacific PoC Diagnostics Market Growth Opportunities, Industry Analysis And Forecast: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Asia Pacific PoC Diagnostics Market  Analysis And Segment Forecasts To 2020 The Asia Pacific point of care (PoC) diagnostics market is expected to reach USD 5,427.1 million by 2020, according to a new study by Grand View Research, Inc. Growing base of geriatric population and the ability to render immediate results and improve patient care coupled with rising market penetration of PACS (picture archiving and communication systems) and EMR (electronic medical records) are expected to drive demand over the next six years. Skilled staff shortages, especially pertaining to the field of diagnostics are also expected to accelerate the market penetration rates of PoC products, by expediting lab automation processes. Rising demand for home healthcare and other healthcare establishments catering to the elderly population and initiatives undertaken by governments to shorten hospital stays by establishing out-patient care models are also expect
Read more

Food Additives Market Size & Share Hit USD 55.53 Billion By 2022 : Grand View Research Inc.

Image
San Francisco, 17 October 2019:   The Report   Global Food Additives Market   Analysis By Product Flavors & Enhancers (Natural, Artificial), Sweeteners (High Intensity, HFCS), Enzymes, Emulsifiers (Mono, Di-Glycerides, Lecithin, Stearoyl Lactylates, Sorbitan Esters), Shelf-life Stabilizers, Fat Replacers (Protein, Starch)] And Segment Forecast To 2022 Global food additives market is expected to reach USD 55.53 billion by 2022, according to a new study by Grand View Research, Inc. Food & beverage industry growth in BRICS and Middle East on account of rising domestic consumption and increasing foreign direct investments is expected to augment market growth. Asia Pacific is expected to be one of the most promising markets on account of growing domestic consumption in China and India owing to population growth and new product launches by food & beverage manufacturers. Availability of raw materials such as sorbitol and lactic acid in China, Indonesia, and Malaysia in light o
Read more

Integration Platform as a Service Market Valuation Is Expected To Exceed USD 2.70 Billion By 2025: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Integration Platform as a Service (IPaaS) Market  Analysis By Integration Type (API, Process, Application, Data), By Services, By Deployment (Cloud, On-Premise, Hybrid) By Region, And Segment Forecasts, 2018 – 2025 The global integration platform as a service (IPaaS) market is expected to reach USD 2.705.8 million by 2025, according to a new report by Grand View Research, Inc. Rising need of advanced systems to improve the process of deploying, developing, and managing enterprise applications globally has been a major factor driving market growth. In addition, recent developments in big data, cloud computing, and Internet of Things (IoT) within organizations’ processes also paved the way for greater development of IPaaS solutions. Integration Platform as a Service is an emerging technology where in the applications, process, data, and application programs are integrated. The integration enables enterprises to reduce the complexity
Read more