Low-fat Chorizo Market Forecast and CAGR
According to FACT.MR' latest report, the low-fat chorizo market is expected to lucrative growth between 2021 and 2031. As low-fat chorizo is plenty of protein and various other nutritional factors, it is significantly growing in the market.
As its mouth wandering taste and wider options in product aids to expand consumer acceptance in the global low-fat chorizo market.
Health Consciousness Upsurge Low-fat Chorizo Market Demand
Rising consumer concern towards their health and wellbeing, they are moving towards healthy cooking practices. For instance: reducing oil usage in food preparation, avoid high saturated fat foods and many more. Chorizo is made from pork and different meat and provides fats and proteins to the body. Pork contains artery-clogging cholesterol and saturated fat, which increase body fat and led to several health associated diseases such as heart diseases, diabetes, arthritis, osteoporosis, asthma and many more.
Due to containing high saturated fat, consumers are focusing to shift low-fat chorizo from traditional chorizo to improve their body function and keep their body weight on track.
A rising sedentary lifestyle among the urban population is allowing them to get lesser time for physical exercise. Moreover, sitting for long time period aids to accumulate body weight. Owing to this, consumers preferring low-fat foods with rich nutritional content. Low-fat chorizo contains less saturated fat and is rich in protein, vitamins, and minerals. Hence it is an ideal food for consumers to reduce body weight.
Also the food servicing industries like café, fast food chains, restaurants, and others experiencing demand for low-fat chorizo with sandwiches or grilled, fried, etc., However, increasing demand for low-fat chorizo from consumers is influencing foodservice industries to add low-fat chorizo in their menu. Therefore, demand from food service industries additionally gives a push for market growth.
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US and Canada Low-fat Chorizo Market
US is one of the prime markets for low-fat chorizo globally. The US low-fat chorizo is set to expect notable CAGR during the assessment period 2021-2031.
Low-fat foods are in high demand due to the growing health-conscious population and concern about reducing obesity problems. Increasing convenient food demand drastically drive low-fat chorizo. Growing food service industries adding low-fat chorizo in their menu boost the demand across the North American market.
Europe Demand Outlook for Low-fat Chorizo Market
Low-fat Chorizo are widely sold in European countries, with the United Kingdom, Germany and France having the dominant market share. Rising concerns regarding animal cruelty and environmental sustainability along with healthy diet practices give an opportunity to explore low-fat chorizo market by using plant-sourced meat or other plant-sourced products. Changing consumer preference in food consumption escalates low-fat chorizo market demand around the European market.
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Low-fat Chorizo Market: key players
Some key manufacturers functioning the business in the
- Cacique Inc.
- Reynaldos Mexican Food LLC.
- Conagra Brands Inc.
- Goya Foods Inc.
- Fermin Inc.
- Johnsonville LLC.
- John Morrell & Co. El Latino Foods
and many other are some prominent brands operating in low-fat chorizo market.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Low-fat Chorizo Market Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
An Adaptive Approach to Modern-day Research Needs
Low-fat Chorizo: Market Segmentation
Based on Nature, the global low-fat chorizo can be segmented as:
Based on Form, the global low-fat chorizo can be segmented as:
- Fully cooked
- Semi cooked
Based on Source, the global low-fat chorizo can be segmented as:
- Sweet Potato
- Others (turkey, etc.,)
Based on product type, the global low-fat chorizo can be segmented as:
- Spanish Chorizo
- Mexican Chorizo
- Others (Portuguese chorizo, etc.)
Based on the Distribution Channel, the global low-fat chorizo can be segmented as:
- B2B (Direct Sales)
- B2C (Indirect Sales)
- Store-based Retailing
- Convenience Stores
- Specialty Stores
- Other Retailing Formats
- Online Retailing
- Store-based Retailing
Based on the Packaging Type, the global low-fat chorizo can be segmented as:
- Stand up pouches
Based on the Region, the global low-fat chorizo can be segmented as:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa
- North America
NOTE: Although care has been taken to maintain the highest levels of accuracy in FACT.MR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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