March 7, 2022
The pizza market is expected to grow by $42.20 million, at a compound annual growth rate of 5.45% between 2020 and 2025, according to research from Technavio.
The market recorded a 4.84% year-over-year growth rate in 2021, according to a press release on the data.
The pizza market share growth by the non-vegetarian pizza segment will be significant for revenue generation. Forty-four percent of the pizza market growth will originate from North America.
Latest trends driving the market include the increasing consumption of pizza in developing countries and the growing popularity of online food orders.