Sandwich Market on the Grow

Consumers worldwide are expected to chomp into an ever-growing number of sandwiches in the next several years, a new market research study by data firm Technavio has found. Specifically, between 2024-28, the global sandwiches market size is estimated to grow by $43.8 million from 2024-2028, which translates into an annual rate of 4.98%.

Several factors are driving that growth, the study notes, including an increasing online presence of vendors coupled with a trend toward the introduction of new varieties and innovative sandwiches. On the flip side, given the ready-to-eat prep of many sandwiches, health issues due to food contamination poses an ongoing challenge for market participants.

“Consumers are seeking out unique and different types of sandwiches, leading vendors to offer premium products made from superior ingredients,” the report states. “New flavors and sauces are being added to cater to evolving preferences. Traditional white bread is being replaced with alternatives like pretzel, Hawaiian rolls, brioche, and homemade bread. Successful product innovation satisfies customer needs and expands market reach.”

Among the key market players wrestling for a slice of the action are:

• American Dairy Queen Corp.
• Arby’s IP Holder LLC
• Around Noon Group
• Digital Management LLC
• Focus Brands LLC
• Greencore Group Plc
• Greggs Plc
• Jersey Mike’s Franchise Systems Inc.
• Jimmy John’s Franchisor SPV LLC
• McDonald’s Corp.
• Pret A Manger
• Quiznos Sandwiches Inc.
• Roly Poly Franchise System
• Starbucks Corp.
• Subway Group
• Tyson Foods Inc.
• Wawa Inc.
• Wendy’s Co.
• What A Sandwich
• YUM! Brands Inc.

Click here for more from the study.