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Pre‐packaged Sandwiches Market Size is Predicted to Value $18.2 Billion By 2025: Grand View Research, Inc

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Pre‐packaged Sandwiches Market Size is Predicted to Value $18.2 Billion By 2025: Grand View Research, Inc

November 21
09:51 2019
Pre‐packaged Sandwiches Market Size is Predicted to Value $18.2 Billion By 2025: Grand View Research, Inc

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, Growing demand for convenience food among the working class population is expected to remain a driving factor for the pre‐packaged sandwiches market across the globe.

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.

Pre‐packaged Sandwiches Market

Request a Sample Copy of the Global Pre‐packaged Sandwiches Market Research Report @ https://www.grandviewresearch.com/industry-analysis/pre-packaged-sandwiches-market/request/rs1

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.

pre‐packaged sandwiches market size

Have Any Query? Ask Our [email protected] https://www.grandviewresearch.com/inquiry/6420/ibb

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
    • U.S.
    • Europe
      • Germany
      • U.K.
    • Asia Pacific
      • China
      • India
    • Central & South America
      • Brazil
    • Middle East & Africa
      • South Africa

Browse Related Reports @

Packed Pickles Market: https://www.grandviewresearch.com/industry-analysis/packed-pickles-market

Ready To Drink Premixes Market: https://www.grandviewresearch.com/industry-analysis/rtd-high-strength-premixes-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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Website: https://www.grandviewresearch.com/industry-analysis/pre-packaged-sandwiches-market