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Home›Pizza hut›The pizza market recorded an annual growth rate of 4.84% in 2021 | Increase pizza consumption in developing countries to drive market

The pizza market recorded an annual growth rate of 4.84% in 2021 | Increase pizza consumption in developing countries to drive market

By Emily Wheatley
March 4, 2022
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0

NEW YORK, March 4, 2022 /PRNewswire/ —

Technavio has announced its latest market research report titled Pizza Market by Type and Geography – Forecast and Analysis 2021-2025

Pizza Market Facts at a Glance-

  • Total Pages: 120

  • Companies: 10+ – Including 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., among others.

  • Blanket: Main Drivers, Trends and Challenges; Product information and news; Value chain analysis; Parent market analysis; Landscape of vendors; COVID Impact and Recovery Analysis

  • segments: Type – Non-vegetarian pizza and vegetarian pizza

  • Geographies: North America, EuropeACPA, South Americaand MEA

Learn more about market dynamics. Download our FREE sample report

the pizza market should grow by $42.20 million, at CAGR of 5.45%, between 2020 and 2025 according to the latest Technavio market report. In addition, the market recorded a 4.84% year over year growth rate in 2021. The growth of the pizza market share by the non-vegetarian pizza segment will be important for revenue generation. The Technavio report provides an accurate prediction of the contribution of all segments to the growth of the pizza market size.

To better understand the contribution of various segments to the market –Download a FREE sample

Overview of Suppliers-

the pizza market is fragmented and vendors are deploying growth strategies such as focusing on delivering products through multiple distribution channels to compete in the market.

  • Boston Pizza- The company offers non-vegetarian pizzas, vegetarian pizzas and custom-made pizzas.

  • Dodos Pizza – The company offers vegetarian and non-vegetarian pizzas.

  • Della Rosa™ – The company offers meatless pizza, barbecue chicken, cheese pizza and more

Find additional highlights on vendors and their product offerings. Download a free sample report

Regional Market Outlook

Pizza market share growth in North America will be significant during the forecast period. 44% of pizza market growth will come from North America during the forecast period. The United States is the key market for the pizza market in North America. Factors such as growing desire for convenience foods and customization of food products are accelerating the growth of the pizza market in North America.

To unlock insights into emerging business opportunities across all regions –Download our FREE sample report

Latest drivers and trends driving the market-

Rising consumption of pizza in developing countries is a key driver increasing the growth of the pizza market. Developing economies such as China and India have high consumer spending and focus on improving quality of life. Consumers in these countries are adopting new lifestyles and are gradually turning to European food products such as pizza. Suppliers are also attracting consumer interest by adding value to their products and expanding their product portfolios. These factors will positively influence the growth of the pizza market over the forecast period.

Rising popularity of online food ordering through portals and mobile apps is a major trend supporting the growth of pizza market share. Online orders are more efficient than phone orders because they eliminate communication errors. Consumers tend to spend more when ordering online than over the phone, primarily due to attractive digital menus. Many restaurants are moving to meal ordering through a mobile app to enhance their customer base by delivering meals directly or creating takeout for consumers.

Find more information about the drivers and market trends mentioned in our Sample FREE Report.

Did not find what you were looking for ? Customize report-

Don’t miss the opportunity to talk to our analyst and learn more about this market report. Our analysts can also help you customize this report to suit your needs. Our analysts and industry experts will work directly with you to understand your needs and provide you with personalized data in a short period of time.

We offer $1,000 FREE personalization value at time of purchase. Talk to our analyst now!

Related Reports-
Fried Chicken Market Take Away –The takeaway fried chicken market share is expected to grow USD 1.92 billion from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 5.32%. Download a free sample now!

Fast food market –The fast food market has the potential to grow by $87.27 billion between 2021 and 2025, and the growth momentum of the market will accelerate at a CAGR of 2.45%. Download a free sample now!

Scope of the pizza market

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 5.45%

Market Growth 2021-2025

$42.20 million

Market structure

Fragmented

Annual growth (%)

4.84

Successful market contribution

North America at 44%

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Boston Pizza, Della Rosa™, Dodo Pizza, Dominos Pizza Inc., Figaros Italian Pizza Inc., Papa Johns International Inc., Papa Murphys, Pizza Hut, PizzaExpress (Restaurants) Ltd. and Telepizza

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents :

Abstract

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

Market segmentation by type

  • Market segments

  • Comparison by type

  • Non-vegetarian pizza – Market size and forecast 2020-2025

  • Vegetarian pizza – Market size and forecast 2020-2025

  • Market Opportunity by Type

Customer landscape

Geographic landscape

  • Geographic segmentation

  • Geographic comparison

  • North America – Market size and forecast 2020-2025

  • Europe – Market size and forecast 2020-2025

  • APAC – Market size and forecast 2020-2025

  • South America – Market size and forecast 2020-2025

  • MEA – Market size and forecast 2020-2025

  • Main leading countries

  • Market Opportunity by Geography

  • Market factors

  • Market challenges

  • Market trends

Supplier Landscape

  • Overview

  • Landscape disturbance

  • Competitive scenario

Vendor analysis

  • Suppliers Covered

  • Positioning on the supplier market

  • Boston Pizza

  • Della RosaTM

  • Dodos Pizza

  • Dominos Pizza Inc.

  • Italian Pizza Figaros Inc.

  • Papa Johns International Inc.

  • Papa Murphy

  • pizza hut

  • PizzaExpress (Restaurants) Ltd.

  • Telepizza

appendix

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 industry analysts, Technavio’s library of reports Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. Technavio’s exploitable market to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

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Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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