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.
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.
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Key Market Segmentation
Segmentation by Product:
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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
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.
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.
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Pizza Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 5.45%
Market growth 2021-2025
USD 42.20 million
YoY growth (%)
North America, Europe, APAC, South America, and MEA
Performing market contribution
North America at 44%
Key consumer countries
US, Germany, UK, China, and France
Leading companies, Competitive strategies, Consumer engagement scope
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.
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
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