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Bologna Market Size

  • Report ID: GMI11870
  • Published Date: Oct 2024
  • Report Format: PDF

Bologna Market Size

The global bologna market size was valued at USD 7.5 billion in 2023 and is projected to expand to over 5.1% CAGR from 2024 to 2032. Bologna is a seasoned sausage made from finely ground pork, beef, or a combination of meats. Originating in Bologna, Italy, it shares similarities with Italian mortadella. Bologna has gained popularity worldwide, particularly in the United States, where it is a common sandwich ingredient. According to the United States Department of Agriculture (USDA), the per capita consumption of processed meat products, including bologna, was approximately 52.3 pounds in 2020.

 

Characterized by its smooth texture and mild flavor, bologna is often smoked or seasoned with spices. The product's market presence spans various food segments, including deli meats and processed packaged foods. The U.S. Census Bureau reported that the value of shipments for meat processed from purchased carcasses, which includes bologna production, reached $47.9 billion in 2019.
 

Bologna's adaptability for use in sandwiches, snacks, and charcuterie boards contributes to its widespread consumption and global accessibility. The Food and Agriculture Organization (FAO) of the United Nations estimates that global meat production, including processed meats like bologna, reached 337 million tonnes in 2020, highlighting the significant role of such products in the global food supply chain.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of bologna reached USD 7.5 billion in 2023 and is set to grow at a 5.1% CAGR from 2024 to 2032, driven by rising demand for convenience foods.

The pork bologna segment held over USD 3.3 billion in 2023 and is expected to witness over 4.7% CAGR through 2032, owing to its popularity in regions with high pork consumption.

The supermarkets and hypermarkets segment was valued at USD 4.1 billion in 2023 and is poised to expand at a 4.8% CAGR from 2024 to 2032, led by the convenience and variety these retail outlets offer.

The U.S. market dominated around USD 2 billion in 2023 and is projected to grow at a 4.6% CAGR during 2024 to 2032, propelled by consumer demand for deli meats and convenient, ready-to-eat products.

The major players in the industry include Agnesi, Armando, Barilla, De Cecco, Felicetti, Garofalo, La Molisana, Molini Pivetti, and Rummo.

Bologna Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 9
  • Tables & Figures: 165
  • Countries covered: 23
  • Pages: 235
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