Global Sandwiches Market

Sandwiches Market Size, Share, Growth Analysis, By Product(Non-vegetarian, Vegetarian), By Application(Household, HoReCa), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30I2295 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 61 | Figures: 75

Sandwiches Market News

  • In June 2022, the makers of Hormel Natural Choice products have announced the release of their newest product, Hormel Natural Choice Sandwich Pepperoni, which is made entirely of natural ingredients.
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Sandwiches Market size was valued at USD 11.27 billion in 2019 and is poised to grow from USD 11.92 billion in 2023 to USD 18.46 billion by 2031, growing at a CAGR of 5.72% in the forecast period (2024-2031).

Marketing and advertising play a significant role in boosting the brand and luring clients in this cutthroat market with so many well-known vendors. In comparison to other small and regional vendors, large vendors have the advantage and financial resources to spend in large-scale campaigns. The global sandwich market will expand due to the increased advertising and marketing initiatives. 'McDonald's', 'Panera Bread', 'Subway', 'Starbucks', 'Jimmy John's', 'Arby's', 'Dunkin' Donuts', 'Pret A Manger', 'Jason's Deli', 'Quiznos', 'Firehouse Subs', 'Jersey Mike's', 'Potbelly Sandwich Shop', 'Which Wich', 'Earl of Sandwich', 'Capriotti's Sandwich Shop', 'Togo's Sandwiches', 'Blimpie', 'Cousins Subs', 'Erbert & Gerbert's Sandwich Shop'

Fast food restaurants and households make up the bulk of the market for sandwich spread. Growing demand for fast food among millennials, changing consumer tastes, the westernization of food meals, and more disposable money are all driving the market's expansion globally. A significant factor that is anticipated to continue driving market growth is the use of snacks as a meal substitute in several regions of the world.

With 30.0% sales share worldwide, North America led the industry. American consumers view sandwiches as a necessary component of their diet. When consumers buy pre-packaged sandwiches, the presence of various elements, such as cheese, tastes, sauces, and bread, has a significant impact on their decision to buy.

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Global Sandwiches Market

Report ID: SQMIG30I2295

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