Title: Pancetta Market - Forecast(2022 - 2027)
1Pancetta MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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- Pancetta Market size is estimated to reach 2.3
billion by 2026, growing at a CAGR of 3.6 during
the forecast period 2021-2026. Pancetta is
salt-cured and seasoned meat that is made from
pork belly. These are versatile ingredients that
are used to add flavor and depth to pasta and
soups. Pancetta ingredients are increasingly
being adopted among consumers across the world
owing to the growing demand for high-protein
foods among the young population. The increase in
the adoption of salumi pancetta in developed
nations, growing demand for pancetta ingredients
that are added with sodium erythorbate, increase
in the demand for basic Italian bacon among
consumers, and the growing investment by the key
players to develop quality pancetta ingredients
are the factors that are set to drive the growth
of the Pancetta Market for the period 2021-2026.
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- Key Takeaways
- Geographically, the North America Pancetta Market
accounted for the highest revenue share in 2020
and it is poised to dominate over the period
2021-2026 owing to the rise in the adoption of
salumi pancetta in developed nations. - The increase in the demand for basic Italian
bacon among the young population is driving the
Basic segment. However, stringent government
regulations owing to the growing obesity concerns
is one of the major factors that is said to
reduce the growth of the Pancetta Market.
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By Distribution Channel- Segment Analysis The
Pancetta Market based on the Distribution Channel
can be further segmented into Supermarkets/Hyperma
rkets, Online Channels, Specialty Stores, and
Others. The Supermarkets/Hypermarkets segment
held the largest share in 2020 owing to the
factors such as the cost-effectiveness and the
availability of a wide range of salumi pancetta
and Italian bacon with different brands and
prices ranges. The presence of distinct product
shelves coupled with attractive schemes in
supermarkets is driving the growth of the
Pancetta Market. The Online Channels segment is
estimated to be the fastest-growing segment with
a CAGR of 4.1 over the period 2021-2026. This
growth is owing to the factors such as the
growing demand for digitalized shopping
experiences among the customers and the rise in
the demand for door-stop delivery.
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- Pancetta Market Industry Outlook
- Cargill
- BRF
- Foster Farms
- Tyson Foods
- Shuanghui International,
- Karro Food Group
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Pancetta Market - Forecast(2021 - 2026) Learn
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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