Pandemic aside, the global pizza market will keep growing in 2022, according to the latest data from Euromonitor International. The worldwide pizza market should total $141.1 billion in sales in 2022, a 6.7% increase, according to Euromonitor’s projections. The biggest explosion will happen in Eastern Europe (12.7% growth) and Latin America (12.2%).
In North America, where the pizza market is more mature, Euromonitor projects overall sales growth of 5.3% to $56.5 billion. Full-service restaurants should experience a hefty sales jump of 9.7%, reaching $19.3 billion, next year, while limited-service pizza enjoys a 3.3% bump to $37.2 billion.
(PMQ Pizza Power Report 2022)
The UK eating out market is set to value £95.2 billion in 2022, up 4% versus its 2019 figure. That’s according to the new Lumina Intelligence UK Eating Out Market Report from March 2022. However, currently 39% of people have cut on eating out.
The market size of the Pizza Delivery & Takeaway industry is £3.5bn in 2022 It is expected to grow 6.4% in 2022 alone. In the UK, the market size of the Pizza Delivery & Takeaway industry increased faster than the Consumer Goods & Services sector overall.
In 2021 consumer spending on chilled pizza in the UK topped over £638 million. (Kantar) It is expected to steadily grow year upon year.