The newly released research at Market Study Report LLC titled “2019-2025 Global Chilled and Deli Food Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.
The global Chilled and Deli Food market is valued at 852100 million US$ in 2018 is expected to reach 1097200 million US$ by the end of 2025, growing at a CAGR of 3.2% during 2019-2025. Chilled and deli food are ready to eat products, which can be easily consumed and stored at a low temperature. The global chilled and deli food market is expected to witness notable growth in the coming years due to the increasing demand for convenience food items. Chilled and deli food has become an important part of the consumers life due to the increasing use of the chilled and deli food items in daily life. In addition, changing lifestyle demographics is another driving factor boosting the growth of this market.
Chilled and deli food products are mainly consumed by people who are working and have don?t have time to cook. In addition, expansion of hypermarkets and supermarkets, increasing disposable income, upswing in living standards and increasing number of working women are major factors that are contributing to the growth of this market. However, increasing government regulations on food supply chain and labeling as well as rising use of synthetic preservatives are factors restraining the growth of this market.
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