
Global Cold Cuts Market – Industry Trends and Forecast to 2031
Report ID: MS-2328 | Food and Beverages | Last updated: Jan, 2025 | Formats*:

Cold Cuts Report Highlights
Report Metrics | Details |
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Forecast period | 2019-2031 |
Base Year Of Estimation | 2024 |
Growth Rate | CAGR of 8.3% |
Forecast Value (2031) | USD 1,073.66 Billion |
By Product Type | Deli, Packaged |
Key Market Players |
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By Region |
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Cold Cuts Market Trends
Some of the trends observed in the cold cuts market would be increasing preference for clean label and natural products, consumers orientated towards consumption with reduced sodium, sugar, and artificial additives. In addition, the interest in plant-based and alternative proteins has developed vegetarian and vegan cold cuts. Another major trend is sustainability, whereby consumers are more willing to buy from a company that is morally and environmentally right. The last major theme has to do with innovations in packaging and distribution aimed at prolonging a product's shelf life and reducing food waste.Cold Cuts Market Leading Players
The key players profiled in the report are Alfa Corporativo S.A. de C.V., Andrews Smokehouse, Boars Head Brand, Bridgford Foods Corp., Butcher On The Block, CrisTim Group, Evans Meats and Seafood Inc., German Butchery Retail Pty Ltd., Hormel Foods Corp., JBS SA, Maple Leaf Foods Inc., Pocino Foods Co., Seaboard Corp., Sierra Meat and Seafood, The Kraft Heinz Co.Growth Accelerators
The cold cuts market is growing massively due to an increase in the convenience and ready-to-eat food products desired by consumers. Consumers get busier in their lifestyles and are seeking time-saving meal substitutes, such as ready-to-eat cold cuts, which save huge time during preparation time in breakfasts, lunches, or snacks. The other factors fuelling demand are increasing consumption of deli sandwiches, salads, and charcuterie boards at home and in casual dining places. In addition, increasing access to modern retail outlets, supermarkets, and online grocery platforms adds to the market reach. Another factor fuelling the demand for cold cuts remains a growing consumer interest in high-quality, premium, and speciality cold cuts. Health-conscious buyers are known also for their inclination to using products made with only natural ingredients, having less fat content, or fewer preservatives. Thus, the challenge being worked upon by some manufacturers is to innovate alternatives towards healthier, organic, and nitrate-free versions of traditional processed meats.Cold Cuts Market Segmentation analysis
The Global Cold Cuts is segmented by Type, and Region. By Type, the market is divided into Distributed Deli, Packaged . Geographically, the market is assessed across key Regions like North America(United States, Canada, Mexico), South America(Brazil, Argentina, Chile, Rest of South America), Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA(Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The competition scenario in the cold cuts market has always been a combination of different dominant companies, with sole participation and monopolistic positions, along with some minor regional players who compete among themselves. Most of the cold cuts in the sale are done through big names such as Hormel Foods, Tyson Foods, and OSI Group, which provide ham, salami, turkey, and other sundry processed items, with these put-offs—an emphasis given on quality, taste, and convenience. It means all the brands actually vie mainly on price, followed by product variety and distribution networks that ensure presence in supermarkets, convenience stores, and online selling points. Here, huge budgets also get allocated for advertisement and brand loyalty.Challenges In Cold Cuts Market
The cold cut market is facing many issues, especially regarding changing consumer preferences as well as health. Gradually, people, it seems, are not opting for processed meats, thinking of preservatives, additives, and worrying about the high-fat and sodium content. The whole shift nowadays leans toward healthy, organic, and plant-based consumption. This is causing cold cut makers to rethink their innovation and production techniques to be able to be at par with growing consumer expectations. Another issue regarding cold cuts is the changing prices of raw materials such as meat and poultry. This has often led to increased production costs. Supply chain disruptions—due to pandemics, trade regulations, and effects of climate change—have a lot to do with the availability of ingredients and transportation delays.Risks & Prospects in Cold Cuts Market
The market for cold cuts has a lot of potential due to the fact that consumers are becoming more demanding about convenience and pre-prepared meals. Cold cuts are an individual or foodservice answer to fast lifestyles and the need for more time-saving products. Retailers and supermarkets are adding onto this trend with expanded cold cuts offerings in their businesses, presenting criteria for health-conscious customers through leaner protein offerings, like turkey and chicken cold cuts. The other emerging opportunity in the market is in the innovation & premiumization of cold cuts with increasing demand for organic, gluten-free, and preservative-free developments. These consumers are looking for cold cuts that are manufactured from high-quality ingredients with minimal processing in the name of health. The emergence of artisanal and premium brands in cold cuts is the result of creating an increase in demand for packed products with unique flavour, speciality meats, and sustainable production methods.Key Target Audience
The most important beneficiary of the cold cuts market is the business of food retail and foodservice. Supermarkets and grocery stores tend to a wide spectrum of customers in the retail sector, including busy families, young professionals, and fitness enthusiasts who want protein-rich snacks or quick meal components in their search for easy, ready-to-eat meal options. Cold cuts are an important component of sandwiches, salads, and platters in the foodservice industry, which consists of restaurants, sandwich shops, delicatessens, and catering services.,, The range of customers reaches from a low end of fast-food chains serving prices so affordable that they're hardly worth the price to high-end restaurants with fine premium deli meats as offerings. Hotels and event organizers from the hospitality sector also play a small part in the demand for cold cuts by having buffets and catered events, appealing as such to large groups of consumers who just want easy and fast food that tastes good and is versatile.Merger and acquisition
Cold cuts recently marked mega mergers and acquisitions as companies increasingly sought to ride the rising wave of demand for food that comes packaged and ready-to-eat. For example, on December 30, 2024, Premium Brands Holdings Corporation acquired NSP Quality Meats, a processor of cooked and deli meats in Owasso, Oklahoma. This acquisition is an important component in Premium Brands' strategy to expand its portfolio and improve its processing capabilities in the deli meats category and reflects a general trend towards consolidation among food processors to adequately meet evolving consumer preferences on quality and convenience in cold cut products. Additionally, the cold cuts arena became more competitive when JBS and Sigma Alimentos went after combats in competition for the big trophies-raft cold cuts prize of Kraft Heinz, which is worth $3 billion, including hot dogs and cold cuts. This significant bid competition proved the strategic weight of acquiring brands in the industry because companies are pursuing and strengthening their foothold in the higher consumer demand for ready-to-eat meats. >Analyst Comment
"Cold cuts refer to processed meats that are generally eaten cold. The global cold cuts market is an important segment of the food industry. Along with convenience and different lifestyles and habits of the consumers, the market has seen some impressive growth due to the increasing popularity of ready-to-eat meals. Increasing demand for other healthier meat options, particularly those that offer reduced salt and fat contents, is another major trend witnessed by the cold cuts market, which is beefed up in innovation around flavours, textures, and packaging in response to changing consumer preferences. More than that, rising acceptance of plant-based alternatives is grabbing popularity in this market space."- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Cold Cuts- Snapshot
- 2.2 Cold Cuts- Segment Snapshot
- 2.3 Cold Cuts- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Cold Cuts Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Deli
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Packaged
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
5: Cold Cuts Market by Source
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Meat
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Others
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
6: Cold Cuts Market by Consumption
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Sliced
- 6.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3 Non-sliced
- 6.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
- 6.4 Lunch Kits
- 6.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market share analysis by country
7: Cold Cuts Market by Distribution Channel
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Hypermarket/Supermarket
- 7.2.1 Key market trends, factors driving growth, and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market share analysis by country
- 7.3 Convenience Stores
- 7.3.1 Key market trends, factors driving growth, and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market share analysis by country
- 7.4 Specialty Retailers
- 7.4.1 Key market trends, factors driving growth, and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market share analysis by country
- 7.5 Others
- 7.5.1 Key market trends, factors driving growth, and opportunities
- 7.5.2 Market size and forecast, by region
- 7.5.3 Market share analysis by country
8: Cold Cuts Market by Region
- 8.1 Overview
- 8.1.1 Market size and forecast By Region
- 8.2 North America
- 8.2.1 Key trends and opportunities
- 8.2.2 Market size and forecast, by Type
- 8.2.3 Market size and forecast, by Application
- 8.2.4 Market size and forecast, by country
- 8.2.4.1 United States
- 8.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 8.2.4.1.2 Market size and forecast, by Type
- 8.2.4.1.3 Market size and forecast, by Application
- 8.2.4.2 Canada
- 8.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 8.2.4.2.2 Market size and forecast, by Type
- 8.2.4.2.3 Market size and forecast, by Application
- 8.2.4.3 Mexico
- 8.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 8.2.4.3.2 Market size and forecast, by Type
- 8.2.4.3.3 Market size and forecast, by Application
- 8.2.4.1 United States
- 8.3 South America
- 8.3.1 Key trends and opportunities
- 8.3.2 Market size and forecast, by Type
- 8.3.3 Market size and forecast, by Application
- 8.3.4 Market size and forecast, by country
- 8.3.4.1 Brazil
- 8.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 8.3.4.1.2 Market size and forecast, by Type
- 8.3.4.1.3 Market size and forecast, by Application
- 8.3.4.2 Argentina
- 8.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 8.3.4.2.2 Market size and forecast, by Type
- 8.3.4.2.3 Market size and forecast, by Application
- 8.3.4.3 Chile
- 8.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 8.3.4.3.2 Market size and forecast, by Type
- 8.3.4.3.3 Market size and forecast, by Application
- 8.3.4.4 Rest of South America
- 8.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 8.3.4.4.2 Market size and forecast, by Type
- 8.3.4.4.3 Market size and forecast, by Application
- 8.3.4.1 Brazil
- 8.4 Europe
- 8.4.1 Key trends and opportunities
- 8.4.2 Market size and forecast, by Type
- 8.4.3 Market size and forecast, by Application
- 8.4.4 Market size and forecast, by country
- 8.4.4.1 Germany
- 8.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.1.2 Market size and forecast, by Type
- 8.4.4.1.3 Market size and forecast, by Application
- 8.4.4.2 France
- 8.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.2.2 Market size and forecast, by Type
- 8.4.4.2.3 Market size and forecast, by Application
- 8.4.4.3 Italy
- 8.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.3.2 Market size and forecast, by Type
- 8.4.4.3.3 Market size and forecast, by Application
- 8.4.4.4 United Kingdom
- 8.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.4.2 Market size and forecast, by Type
- 8.4.4.4.3 Market size and forecast, by Application
- 8.4.4.5 Benelux
- 8.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.5.2 Market size and forecast, by Type
- 8.4.4.5.3 Market size and forecast, by Application
- 8.4.4.6 Nordics
- 8.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.6.2 Market size and forecast, by Type
- 8.4.4.6.3 Market size and forecast, by Application
- 8.4.4.7 Rest of Europe
- 8.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.7.2 Market size and forecast, by Type
- 8.4.4.7.3 Market size and forecast, by Application
- 8.4.4.1 Germany
- 8.5 Asia Pacific
- 8.5.1 Key trends and opportunities
- 8.5.2 Market size and forecast, by Type
- 8.5.3 Market size and forecast, by Application
- 8.5.4 Market size and forecast, by country
- 8.5.4.1 China
- 8.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.1.2 Market size and forecast, by Type
- 8.5.4.1.3 Market size and forecast, by Application
- 8.5.4.2 Japan
- 8.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.2.2 Market size and forecast, by Type
- 8.5.4.2.3 Market size and forecast, by Application
- 8.5.4.3 India
- 8.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.3.2 Market size and forecast, by Type
- 8.5.4.3.3 Market size and forecast, by Application
- 8.5.4.4 South Korea
- 8.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.4.2 Market size and forecast, by Type
- 8.5.4.4.3 Market size and forecast, by Application
- 8.5.4.5 Australia
- 8.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.5.2 Market size and forecast, by Type
- 8.5.4.5.3 Market size and forecast, by Application
- 8.5.4.6 Southeast Asia
- 8.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.6.2 Market size and forecast, by Type
- 8.5.4.6.3 Market size and forecast, by Application
- 8.5.4.7 Rest of Asia-Pacific
- 8.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.7.2 Market size and forecast, by Type
- 8.5.4.7.3 Market size and forecast, by Application
- 8.5.4.1 China
- 8.6 MEA
- 8.6.1 Key trends and opportunities
- 8.6.2 Market size and forecast, by Type
- 8.6.3 Market size and forecast, by Application
- 8.6.4 Market size and forecast, by country
- 8.6.4.1 Middle East
- 8.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 8.6.4.1.2 Market size and forecast, by Type
- 8.6.4.1.3 Market size and forecast, by Application
- 8.6.4.2 Africa
- 8.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 8.6.4.2.2 Market size and forecast, by Type
- 8.6.4.2.3 Market size and forecast, by Application
- 8.6.4.1 Middle East
- 9.1 Overview
- 9.2 Key Winning Strategies
- 9.3 Top 10 Players: Product Mapping
- 9.4 Competitive Analysis Dashboard
- 9.5 Market Competition Heatmap
- 9.6 Leading Player Positions, 2022
10: Company Profiles
- 10.1 Alfa Corporativo S.A. de C.V.
- 10.1.1 Company Overview
- 10.1.2 Key Executives
- 10.1.3 Company snapshot
- 10.1.4 Active Business Divisions
- 10.1.5 Product portfolio
- 10.1.6 Business performance
- 10.1.7 Major Strategic Initiatives and Developments
- 10.2 Andrews Smokehouse
- 10.2.1 Company Overview
- 10.2.2 Key Executives
- 10.2.3 Company snapshot
- 10.2.4 Active Business Divisions
- 10.2.5 Product portfolio
- 10.2.6 Business performance
- 10.2.7 Major Strategic Initiatives and Developments
- 10.3 Boars Head Brand
- 10.3.1 Company Overview
- 10.3.2 Key Executives
- 10.3.3 Company snapshot
- 10.3.4 Active Business Divisions
- 10.3.5 Product portfolio
- 10.3.6 Business performance
- 10.3.7 Major Strategic Initiatives and Developments
- 10.4 Bridgford Foods Corp.
- 10.4.1 Company Overview
- 10.4.2 Key Executives
- 10.4.3 Company snapshot
- 10.4.4 Active Business Divisions
- 10.4.5 Product portfolio
- 10.4.6 Business performance
- 10.4.7 Major Strategic Initiatives and Developments
- 10.5 Butcher On The Block
- 10.5.1 Company Overview
- 10.5.2 Key Executives
- 10.5.3 Company snapshot
- 10.5.4 Active Business Divisions
- 10.5.5 Product portfolio
- 10.5.6 Business performance
- 10.5.7 Major Strategic Initiatives and Developments
- 10.6 CrisTim Group
- 10.6.1 Company Overview
- 10.6.2 Key Executives
- 10.6.3 Company snapshot
- 10.6.4 Active Business Divisions
- 10.6.5 Product portfolio
- 10.6.6 Business performance
- 10.6.7 Major Strategic Initiatives and Developments
- 10.7 Evans Meats and Seafood Inc.
- 10.7.1 Company Overview
- 10.7.2 Key Executives
- 10.7.3 Company snapshot
- 10.7.4 Active Business Divisions
- 10.7.5 Product portfolio
- 10.7.6 Business performance
- 10.7.7 Major Strategic Initiatives and Developments
- 10.8 German Butchery Retail Pty Ltd.
- 10.8.1 Company Overview
- 10.8.2 Key Executives
- 10.8.3 Company snapshot
- 10.8.4 Active Business Divisions
- 10.8.5 Product portfolio
- 10.8.6 Business performance
- 10.8.7 Major Strategic Initiatives and Developments
- 10.9 Hormel Foods Corp.
- 10.9.1 Company Overview
- 10.9.2 Key Executives
- 10.9.3 Company snapshot
- 10.9.4 Active Business Divisions
- 10.9.5 Product portfolio
- 10.9.6 Business performance
- 10.9.7 Major Strategic Initiatives and Developments
- 10.10 JBS SA
- 10.10.1 Company Overview
- 10.10.2 Key Executives
- 10.10.3 Company snapshot
- 10.10.4 Active Business Divisions
- 10.10.5 Product portfolio
- 10.10.6 Business performance
- 10.10.7 Major Strategic Initiatives and Developments
- 10.11 Maple Leaf Foods Inc.
- 10.11.1 Company Overview
- 10.11.2 Key Executives
- 10.11.3 Company snapshot
- 10.11.4 Active Business Divisions
- 10.11.5 Product portfolio
- 10.11.6 Business performance
- 10.11.7 Major Strategic Initiatives and Developments
- 10.12 Pocino Foods Co.
- 10.12.1 Company Overview
- 10.12.2 Key Executives
- 10.12.3 Company snapshot
- 10.12.4 Active Business Divisions
- 10.12.5 Product portfolio
- 10.12.6 Business performance
- 10.12.7 Major Strategic Initiatives and Developments
- 10.13 Seaboard Corp.
- 10.13.1 Company Overview
- 10.13.2 Key Executives
- 10.13.3 Company snapshot
- 10.13.4 Active Business Divisions
- 10.13.5 Product portfolio
- 10.13.6 Business performance
- 10.13.7 Major Strategic Initiatives and Developments
- 10.14 Sierra Meat and Seafood
- 10.14.1 Company Overview
- 10.14.2 Key Executives
- 10.14.3 Company snapshot
- 10.14.4 Active Business Divisions
- 10.14.5 Product portfolio
- 10.14.6 Business performance
- 10.14.7 Major Strategic Initiatives and Developments
- 10.15 The Kraft Heinz Co.
- 10.15.1 Company Overview
- 10.15.2 Key Executives
- 10.15.3 Company snapshot
- 10.15.4 Active Business Divisions
- 10.15.5 Product portfolio
- 10.15.6 Business performance
- 10.15.7 Major Strategic Initiatives and Developments
11: Analyst Perspective and Conclusion
- 11.1 Concluding Recommendations and Analysis
- 11.2 Strategies for Market Potential
Scope of Report
Aspects | Details |
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By Type |
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By Source |
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By Consumption |
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By Distribution Channel |
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Report Licenses
Frequently Asked Questions (FAQ):
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