Technavio's Pizza Market Research Report Highlights the Key Findings in the Area of Vendor Landscape, Key Market Segments, Regions, and Latest Trends and Drivers
NEW YORK, Jan. 17, 2022 /PRNewswire/ -- The "Pizza Market by Type (Non-vegetarian pizza and Vegetarian pizza) and Geography (North America, Europe, APAC, South America, and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering.
The potential growth difference for the pizza market between 2020 and 2025 is USD 42.20 mn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Vendor Landscape
The market structure is expected to remain fragmented during the forecast period. Vendors are deploying different organic and inorganic growth strategies to compete in the market.
Boston Pizza, Cottage Inn Pizza, Della RosaTM, Dodo Pizza, Dominos Pizza Inc., Figaros Italian Pizza Inc., MR pizza, Papa Johns International Inc., Papa Murphys, Peppes Pizza, among others, are some of the few key vendors competing to maintain their market position in the market.
To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
Key Market Segmentation
- Segmentation by Product:
- Non-vegetarian pizza:
- The non-vegetarian pizza segment is expected to have significant market share growth during the forecast period.
- The Non-vegetarian Pizza has different kinds of toppings such as meat, chicken, and fish. The demand for non-veg pizza is expected to decline globally during the forecast period as people are becoming aware of the health issues of non-veg diets and the benefits of vegetarian diets.
- Vegetarian pizza
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Regional Market Outlook
North America will contribute 44% of the market growth during the forecast period. The growth of this region can be attributed to the growing demand for convenience foods and customization in food products.
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Latest Trends and Drivers of the Pizza Market
- Market Driver:
- Increasing consumption of pizza in developing countries:
Developing economies such as China and India have high consumer spending and focus on improving the quality of life. They are adopting new lifestyles and are gradually shifting to European food products such as pizza. In addition, vendors are generating consumer interest by adding value to their products and expanding their product portfolios. These factors will positively influence the pizza market growth during the forecast period.
- Market Trend:
- Growing popularity of online food orders through portals and mobile apps:
Online orders are more efficient than telephone orders, as communication errors are eliminated in the former. Consumers tend to spend more when ordering online than through telephones, mainly because of attractive digital menus. Hence, many restaurants opt for mobile app-based food ordering to enhance their customer base by delivering meals directly or creating takeaway options for consumers.
Find additional information about various other market drivers & trends mentioned in our FREE sample report.
Need More? Are You Looking for Information Not Covered in This Report?
- Want to understand more about the various research methodology?
- Evaluate a specific segment or region in detail
- Identify key suppliers, customers, or other market players
- Analyze market regulations
Related Reports:
Fast Food Market by Product and Geography - Forecast and Analysis 2021-2025
Pizza Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 5.45% |
Market growth 2021-2025 | USD 42.20 million |
Market structure | Fragmented |
YoY growth (%) | 4.84 |
Regional analysis | North America, Europe, APAC, South America, and MEA |
Performing market contribution | North America at 44% |
Key consumer countries | US, Germany, UK, China, and France |
Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
Companies profiled | Boston Pizza, Cottage Inn Pizza, Della RosaTM, Dodo Pizza, Dominos Pizza Inc., Figaros Italian Pizza Inc., MR pizza, Papa Johns International Inc., Papa Murphys, Peppes Pizza, Picasso Foods, Pizza Factory, Pizza Hut, Pizza Inn, Pizza Novo, PizzaExpress (Restaurants) Ltd., Pizzeria Visco, Simplot Australia Pty. Ltd., Telepizza, and The Little Caesar Enterprises Inc. |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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SOURCE Technavio
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