Global Mortadella Market Size, Share, and COVID-19 Impact Analysis, By Source (Pork, Beef, Chicken, and Others), By Distribution Channel (Supermarkets and Hypermarkets. Specialty Stores, Online, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: Consumer GoodsGlobal Mortadella Market Insights Forecasts to 2033
- The Global Mortadella Market Size was Valued at USD 837.3 Million in 2023
- The Market Size is Growing at a CAGR of 5.26% from 2023 to 2033
- The Worldwide Mortadella Market Size is Expected to Reach USD 1397.8 Million by 2033
- Asia Pacific is Expected to Grow the fastest during the forecast period.
Get more details on this report -
The Mortadella Market Size is Anticipated to Exceed USD 1397.8 Million by 2033, Growing at a CAGR of 5.26% from 2023 to 2033.
Market Overview
Italy's Bologna is home to the emulsified sausage known as mortadella. Mortadella is a traditional Italian sausage produced from finely hashed or ground-cured pork that contains at least 15% small cubes of swine fat, mostly hard fat from the pig's neck. It is usually spiced with peppercorns, but newer versions may also include pistachios or, less commonly, myrtle berries. The meat is then cooked. The product sources for mortadella that are accessible range from conventional pork to creative varieties that satisfy modern preferences worldwide, including chicken, beef, and turkey. Traditional pork-based mortadella was prohibited in the United States for over 30 years (1967–2000), following Italy's 1967 outbreak of swine disease. The growing trend of consumers favoring premium, high-quality meat products is one of the main factors. There is a growing demand for gourmet foods, including classic and artisanal sausages such as mortadella, as the world's population grows wealthier and more adventurous in their tastes. Customers seeking authentic culinary experiences such as mortadella because of its unique flavor, silky texture, and cultural significance. Rising demand from customers for mortadella in several ways, including internet platforms, specialty shops, supermarkets, and hypermarkets.
Report Coverage
This research report categorizes the market for the mortadella market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the mortadella market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the mortadella market.
Global Mortadella Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 837.3 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 5.26% |
2033 Value Projection: | USD 1397.8 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 226 |
Tables, Charts & Figures: | 117 |
Segments covered: | By Source, By Distribution Channel, By Region, COVID-19 Empact, Challenges, Future, Growth, & Analysis |
Companies covered:: | Hormel Foods, Campofrio Food Group, Columbus Manufacturing, Inc., Fairfield Cheese Company, Felsineo, Montorsi, Gourmet Food Store, F.lli Veroni fu Angelo SpA, Stiglmeier Sausage Co. Inc., DietzWatson, Salumi Leoncini, Boars Head Brand, Olympia Provisions, VitaVolpi Foods, and Other Key Vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
The development of distribution networks and innovative product offers are important driving factors. In the mortadella market, producers constantly come up with new mortadella variants to satisfy a wide range of nutritional needs and consumer preferences, which helps boost market growth. Increased availability and consumer appeal have also been facilitated by improved packaging methods that prolong shelf life and maintain product quality.
Restraining Factors
Mortadella's high fat and sodium content is a major hindrance, which may prevent people with dietary health concerns such as high blood pressure or cholesterol from consuming it. It may hinder the mortadella market growth.
Market Segmentation
The mortadella market share is classified into source and distribution channel.
- The pork segment holds the highest market share through the forecast period.
Based on the source, the mortadella market is categorized into pork, beef, chicken, and others. Among these, the pork segment holds the highest market share through the forecast period. This dominance is due to pork's large market share, which can be ascribed to the classical and authentic appeal of pork mortadella, a popular ingredient in Italian cooking that is preferred by people all over the world. Pork mortadella's silky texture and rich flavor profile have made it a popular option for consumers seeking premium, gourmet meat products.
- The supermarkets and hypermarkets segment is predicted to hold the largest market revenue share through the forecast period.
Based on the distribution channel, the mortadella market is categorized into supermarkets and hypermarkets, specialty stores, online, and others. Among these, the supermarkets and hypermarkets segment is predicted to hold the largest market revenue share through the forecast period. Supermarkets and hypermarkets offer a one-stop shopping experience where consumers can readily locate a wide variety of mortadella products, ranging from inventive chicken and beef possibilities to conventional pork-based types. The capacity of hypermarkets and supermarkets to provide competitive pricing. Eye-catching promotions, which raise the affordability and attraction of mortadella to a wider range of consumers, are another factor contributing to their significance in the sales of the product.
Regional Segment Analysis of the Mortadella Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the mortadella market over the predicted timeframe.
Get more details on this report -
North America is projected to hold the largest share of the mortadella market over the forecast period.Mortadella's distinct flavor profile and adaptability in culinary applications make it a preferred option among North American consumers who value premium, specialty meats, contributing to its substantial market presence in the region. Additionally, a wider range of consumers can now purchase mortadella due to the growth of retail outlets such as supermarkets, hypermarkets, and internet platforms. An important and expanding market has developed for mortadella, an essential component of Italian cuisine, in the United States, where customers are looking for more upscale, and gourmet foods.
Asia Pacific is expected to grow at the fastest CAGR growth in the mortadella market during the forecast period. This growth trend shows that demand for gourmet and international food products is rising in the region. There are a lot of chances for mortadella manufacturers and distributors in the Asia Pacific market as consumer preferences change and the food business keeps growing. The rising middle class and expanding disposable income in the Asia Pacific are major market drivers. Premium and gourmet food products are becoming more and more popular in the region as individuals reach higher income levels.
Europe's mortadella market is one of the most significant, with a strong foundation in the rich culinary traditions and legacy of the continent. Since mortadella originated in Europe, especially in Italy, the sausage is highly regarded by people on that continent. The market is distinguished by a unique combination of innovation and heritage, along with a focus on authentic, high-quality, and varied product offers. Due to the strength of the food industry's infrastructure, consumer preferences, and cultural relevance, the European market is still thriving.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the mortadella market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Hormel Foods
- Campofrio Food Group
- Columbus Manufacturing, Inc.
- Fairfield Cheese Company
- Felsineo
- Montorsi
- Gourmet Food Store
- F.lli Veroni fu Angelo SpA
- Stiglmeier Sausage Co. Inc.
- DietzWatson
- Salumi Leoncini
- Boars Head Brand
- Olympia Provisions
- VitaVolpi Foods
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In June 2024, Billie Green introduced a selection of mortadellas made from plants. The cherry pepper variant is regarded as a fruity’s flavorful mortadella; the classic variety is mildly spicy; and the garden herb variety is gentle and herbaceous.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the mortadella market based on the below-mentioned segments:
Global Mortadella Market, By Source
- Pork
- Beef
- Chicken
- Others
Global Mortadella Market, By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online
- Others
Global Mortadella Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
-
What is the CAGR of the global mortadella market over the forecast period?The global mortadella market is to expand at 5.26% during the forecast period
-
Which region is expected to hold the highest share of the global mortadella market?The North America region is expected to hold the largest share of the global mortadella market
-
Who are the top key players in the mortadella market?The key players in the global mortadella market are Hormel Foods, Campofrio Food Group, Columbus Manufacturing, Inc., Fairfield Cheese Company, Felsineo, Montorsi, Gourmet Food Store, F.lli Veroni fu Angelo SpA, Stiglmeier Sausage Co. Inc., DietzWatson, Salumi Leoncini, Boars Head Brand, Olympia Provisions, VitaVolpi Foods, and Others.
Need help to buy this report?