The pizza market recorded an annual growth rate of 4.84% in 2021 | Increase pizza consumption in developing countries to drive market
NEW YORK, March 4, 2022 /PRNewswire/ —
Pizza Market Facts at a Glance-
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Total Pages: 120
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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.
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Blanket: Main Drivers, Trends and Challenges; Product information and news; Value chain analysis; Parent market analysis; Landscape of vendors; COVID Impact and Recovery Analysis
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segments: Type – Non-vegetarian pizza and vegetarian pizza
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Geographies: North America, EuropeACPA, South Americaand MEA
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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.
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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.
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Boston Pizza- The company offers non-vegetarian pizzas, vegetarian pizzas and custom-made pizzas.
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Dodos Pizza – The company offers vegetarian and non-vegetarian pizzas.
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Della Rosa™ – The company offers meatless pizza, barbecue chicken, cheese pizza and more
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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.
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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.
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Scope of the pizza market |
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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
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Market ecosystem
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Value chain analysis
Market sizing
Five forces analysis
Market segmentation by type
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Market segments
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Comparison by type
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Non-vegetarian pizza – Market size and forecast 2020-2025
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Vegetarian pizza – Market size and forecast 2020-2025
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Market Opportunity by Type
Customer landscape
Geographic landscape
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Geographic segmentation
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Geographic comparison
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North America – Market size and forecast 2020-2025
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Europe – Market size and forecast 2020-2025
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APAC – Market size and forecast 2020-2025
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South America – Market size and forecast 2020-2025
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MEA – Market size and forecast 2020-2025
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Main leading countries
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Market Opportunity by Geography
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Market factors
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Market challenges
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Market trends
Supplier Landscape
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Overview
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Landscape disturbance
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Competitive scenario
Vendor analysis
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Suppliers Covered
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Positioning on the supplier market
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Boston Pizza
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Della RosaTM
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Dodos Pizza
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Dominos Pizza Inc.
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Italian Pizza Figaros Inc.
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Papa Johns International Inc.
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Papa Murphy
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pizza hut
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PizzaExpress (Restaurants) Ltd.
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Telepizza
appendix
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