Market Overview:
The global bacon and cold cut market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for processed meat products, especially in developing countries. Additionally, the rising disposable income of consumers is also propelling the demand for bacon and cold cuts products. On the basis of type, bacon accounted for a larger share of the global bacon and cold cut market in 2017. This can be attributed to its high popularity among consumers across different regions. However, with growing awareness about health benefits associated with consumption of cold cuts products, their demand is expected to increase significantly over the forecast period. On the basis of application, foodservice channel held a larger share of the global bacon.
Product Definition:
Bacon is a type of cured pork that is typically smoked and then sliced into thin strips. It is a popular breakfast meat, but can also be eaten at other times of the day. Cold cuts are meats that have been precooked and then packaged for sale. They are often used as ingredients in sandwiches or salads.
Bacon:
Bacon is cured pork meat that is prepared from fresh, thick-cut and lean cut of the pork loin. It has been a popular food item since the 15th century and its consumption has witnessed growth over the years owing to its health benefits such as improved metabolism, enhanced protein source, reduced risk for cardiovascular diseases along with other benefits like weight loss etc. The global bacon market size was estimated at USD 25 billion in 2014 which increased to USD 28 billion in 2015.
Cold Cuts:
Cold cuts and cold cut market is expected to witness significant growth over the forecast period. The major drivers for this market are increasing demand for convenience food, changing lifestyle of working individuals, and growing popularity of quick service restaurants.
The concept of cold cuts was originated in the U.S., owing to which it has gained popularity across North America and Europe.
Application Insights:
The foodservice channel dominated the market and accounted for more than 54.0% share of the global revenue in 2017. The growing demand for bacon and other cold cuts, such as ham, salami, and sausage among others to enhance the taste of various foods is expected to be a key factor driving the segment growth over the forecast period. Furthermore, an increase in demand for ready-to-eat products is anticipated to fuel product demand in this application segment over the coming years.
Retail channels are expected to witness significant growth with a CAGR of XX% from 2018 to 2030 owing to rising consumer disposable income levels coupled with increasing spending on luxury goods has resulted in increased sales of these products at high end restaurants.
Regional Analysis:
North America dominated the global market in 2017. The U.S., being the largest consumer of meat products, is expected to remain a key revenue-generator for this regional market over the forecast period. Furthermore, with increasing health concerns among consumers and changing lifestyles, demand for protein-rich foods such as bacon has declined in recent years; however, it is still consumed by many people due to its high protein content and low calorie level. This trend is expected to continue over the next eight years thereby supporting growth in North America during the forecast period.
Asia Pacific also presents significant opportunities for industry participants owing to growing population and rising disposable income levels across countries such as China.
Growth Factors:
- Increasing demand for convenience foods: The bacon and cold cut market is benefiting from the increasing demand for convenience foods, as consumers are looking for products that are easy to prepare and can be eaten on the go. This is driving manufacturers to focus on developing new products that meet these needs.
- Rising popularity of snacking: Another key growth driver for the bacon and cold cut market is the rising popularity of snacking, as consumers are increasingly looking for convenient snacks that can be eaten on-the-go or at home. This is providing opportunities for manufacturers to introduce new products into this category.
- Growing trend towards healthy eating: A third factor driving growth in this market is the growing trend towards healthy eating, with more consumers seeking out healthier options when grocery shopping. As a result, manufacturers are focusing on developing healthier versions of their existing products lines in order to appeal to this segment of the population.
- Increased focus on product innovation: Finally, another key driver behind growth in the bacon and cold cut market is increased focus by manufacturers on product innovation, with a number of companies launching new items onto shelves each year aimed at differentiating their offerings from those of their competitors .This has helped fuel strong sales growth over recent years . 5) Rising disposable incomes: Another major factor fuellinggrowth in thismarketisrisingdisposableincomesamongconsumersinemergingmarketsacrosstheworld
Scope Of The Report
Report Attributes
Report Details
Report Title
Bacon and Cold Cut Market Research Report
By Type
Bacon, Cold Cuts
By Application
Foodservice Channel, Retail Channels
By Companies
JBS, WH Group Limited, Kraft Heinz, Tyson Foods, Perdue Farms Inc, Hormel Foods, OSI Group, Seaboard, Boars Head, Butterball, Grandi Salumifici Italiani, BRF S.A, Tonnies Group, Fresh Mark, Karro Food, Foster Farms, Bar-S Foods, ConAgra Foods Inc, Dietz Watson, Land O Frost, Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Bacon and Cold Cut Market Report Segments:
The global Bacon and Cold Cut market is segmented on the basis of:
Types
Bacon, Cold Cuts
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Foodservice Channel, Retail Channels
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JBS
- WH Group Limited
- Kraft Heinz
- Tyson Foods
- Perdue Farms Inc
- Hormel Foods
- OSI Group
- Seaboard
- Boars Head
- Butterball
- Grandi Salumifici Italiani
- BRF S.A
- Tonnies Group
- Fresh Mark
- Karro Food
- Foster Farms
- Bar-S Foods
- ConAgra Foods Inc
- Dietz Watson
- Land O Frost, Inc
Highlights of The Bacon and Cold Cut Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bacon
- Cold Cuts
- By Application:
- Foodservice Channel
- Retail Channels
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bacon and Cold Cut Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bacon is a cured meat made from pork. Cold cut is a type of processed meat that includes ham, bacon, and other cuts of pork.
Some of the key players operating in the bacon and cold cut market are JBS, WH Group Limited, Kraft Heinz, Tyson Foods, Perdue Farms Inc, Hormel Foods, OSI Group, Seaboard, Boars Head, Butterball, Grandi Salumifici Italiani, BRF S.A, Tonnies Group, Fresh Mark, Karro Food, Foster Farms, Bar-S Foods, ConAgra Foods Inc, Dietz Watson, Land O Frost, Inc.
The bacon and cold cut market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bacon and Cold Cut Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bacon and Cold Cut Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bacon and Cold Cut Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bacon and Cold Cut Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bacon and Cold Cut Market Size & Forecast, 2018-2028
4.5.1 Bacon and Cold Cut Market Size and Y-o-Y Growth
4.5.2 Bacon and Cold Cut Market Absolute $ Opportunity
Chapter 5 Global Bacon and Cold Cut Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bacon and Cold Cut Market Size Forecast by Type
5.2.1 Bacon
5.2.2 Cold Cuts
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bacon and Cold Cut Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bacon and Cold Cut Market Size Forecast by Applications
6.2.1 Foodservice Channel
6.2.2 Retail Channels
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bacon and Cold Cut Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bacon and Cold Cut Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bacon and Cold Cut Analysis and Forecast
9.1 Introduction
9.2 North America Bacon and Cold Cut Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bacon and Cold Cut Market Size Forecast by Type
9.6.1 Bacon
9.6.2 Cold Cuts
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bacon and Cold Cut Market Size Forecast by Applications
9.10.1 Foodservice Channel
9.10.2 Retail Channels
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bacon and Cold Cut Analysis and Forecast
10.1 Introduction
10.2 Europe Bacon and Cold Cut Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bacon and Cold Cut Market Size Forecast by Type
10.6.1 Bacon
10.6.2 Cold Cuts
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bacon and Cold Cut Market Size Forecast by Applications
10.10.1 Foodservice Channel
10.10.2 Retail Channels
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bacon and Cold Cut Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bacon and Cold Cut Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bacon and Cold Cut Market Size Forecast by Type
11.6.1 Bacon
11.6.2 Cold Cuts
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bacon and Cold Cut Market Size Forecast by Applications
11.10.1 Foodservice Channel
11.10.2 Retail Channels
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bacon and Cold Cut Analysis and Forecast
12.1 Introduction
12.2 Latin America Bacon and Cold Cut Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bacon and Cold Cut Market Size Forecast by Type
12.6.1 Bacon
12.6.2 Cold Cuts
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bacon and Cold Cut Market Size Forecast by Applications
12.10.1 Foodservice Channel
12.10.2 Retail Channels
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bacon and Cold Cut Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bacon and Cold Cut Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bacon and Cold Cut Market Size Forecast by Type
13.6.1 Bacon
13.6.2 Cold Cuts
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bacon and Cold Cut Market Size Forecast by Applications
13.10.1 Foodservice Channel
13.10.2 Retail Channels
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bacon and Cold Cut Market: Competitive Dashboard
14.2 Global Bacon and Cold Cut Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JBS
14.3.2 WH Group Limited
14.3.3 Kraft Heinz
14.3.4 Tyson Foods
14.3.5 Perdue Farms Inc
14.3.6 Hormel Foods
14.3.7 OSI Group
14.3.8 Seaboard
14.3.9 Boars Head
14.3.10 Butterball
14.3.11 Grandi Salumifici Italiani
14.3.12 BRF S.A
14.3.13 Tonnies Group
14.3.14 Fresh Mark
14.3.15 Karro Food
14.3.16 Foster Farms
14.3.17 Bar-S Foods
14.3.18 ConAgra Foods Inc
14.3.19 Dietz Watson
14.3.20 Land O Frost, Inc
