Cold Cuts Market Size , Share , Trends , Analysis and Forecasts To 2021
Market Research analysts forecast the global cold cuts market to grow at a CAGR of 10.6 % during the period 2017-2021 .
Commenting on the report , an analyst from Reports team said : The popularity of organic packaged food is increasing as consumers are beginning to value healthy , natural , and safe food products more . Consumers perceive organic food as healthy as the origin and quality of the ingredients that are used in the preparation of these products is usually verified by various agencies . Organic products are mostly priced higher in comparison to conventional products . The premium price is due to the comparatively high production and distribution costs as well as consumers willingness to pay extra for these products . The additional or premium cost associated with organic production is passed throughout the supply chain and paid by the end-consumer at last . In 2014 , the US accounted for 43 % of the total retail sales of organic food globally and Germany accounted for 13 %. Seeing the growing preference for organic food ( including packaged food products ), players like Applegate Natural & Organic Meats , VANTASTIC FOODS , Flavours and Colours of Biodiversity , and Aalbaek Specialiteter are coming up with more varieties of organic cold cuts .
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According to the report , the demand for convenient and packaged products has been on a rise since the last decade . Many countries around the world have experienced development and urbanization in the recent years . Urbanization is inculcating new eating habits , and consumers are developing a palate for international food . The urbanized population is demanding ready-to-eat packaged foods that are convenient to consume . Thus , various super and hyper markets are storing chilled and packaged food materials .
Further , the report states that players in the global cold cuts market face issues complying with the stringent rules and regulations imposed by the authorities in the countries they operate in . These regulations pertain to permits , the entry of new players , the launch of new products , and the expiry dates for certain products . The production of cold cuts suitable for export to countries like the US is difficult as the players need to follow lengthy procedures involving strict rules . In recent years , many revisions have taken place in government rules and regulations to control the presence of pathogenic microorganisms such as listeria monocytogenes and salmonella in cold cuts . For instance , in countries like Canada , Canadian Food Inspection Agency has increased regulations regarding testing and reporting of listeria in processing plants that make cold cuts .
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