
PIZZA
JANUARY 2024

PIZZA
JANUARY 2024
MARKET INTELLIGENCE
PURCHASE FACTORS FOR PIZZA
Pizza’s accessibility to varying groups has helped sustain the category’s popularity. Even as inflation and cooking fatigue creep in, pizza is a reliable comfort to many consumers. From being a time saver in the kitchen, a low-cost meal, and a satisfying delight, growing motivators suggest that pizza should be more for consumers.
Consumers value pizza for its convenience, and while food service offers customization in their options, store-bought options still need that advantage. Brands will need to keep generational purchase motivators in mind. While older generations tend to seek ease in pizza, Gen Z is motivated by comfort and is not as intrigued by pizza’s quick preparation process. Pizza brands must continue to prove themselves more valuable to engage consumers.

CONSUMER OUTLOOK
Consumers’ interest in pizza largely stems from its simple and quick prep process. While familiarity is key, parents and younger generations would like pizza experiences to be purposeful, specifically at home. Opportunities lie in store-bought pizza. Brands will need to reinvent pizza and cater to different households to remain top of mind.
Typically sliced into eight portions, pizza caters well to mid-sized groups but is less suitable for smaller cohorts. By providing varietal sizes, meal occasions can expand throughout the day. Larger sizing can also help people explore different flavors through mixed options. Brands can find success through flavors catered to mature palates, potentially leading to recurring selections. Extra additions such as sauces, specialty crusts, and toppings will elevate pizza’s appeal.
Innovation must also keep generational food preferences in mind. Younger consumers are less devoted to specific pizza types and traditional eating habits. Gen X is interested in premium options and would be more willing to pay for high-quality pizza. Brands will need to be versatile in their offerings and provide value through various offerings in flavors, formats, and cooking methods.
WHAT’S HAPPENING IN THE MARKET

WHAT’S HAPPENING IN THE MARKET
Nearly half of consumers consistently opt for easy meal choices. Since convenience is a foundational factor in pizza, the category has done well with some help from inflation. However, despite escalating costs, pizza remains within reach of those with differing financial statuses. Pizza’s different formats have been a game changer for other preparation methods.
In terms of market share, frozen pizza makes up 83.6%, per Mintel. While expanding pizza types, different ways to improve the experience are through add-ons and proposing inspiration. Pizza will have to continue providing convenience while satisfying taste and quality through innovative measures to prove relevancy in the future.
TRENDS IN FLAVOR AND CONSUMPTION
CONSUMER INTEREST
Pizza is famous among consumers due to its simplicity and craveability. It serves as a backup option on impromptu and planned occasions, demonstrating pizza’s mealtime flexibility. However, the category can expand its positioning to serve various purposes.

INTEREST IN PIZZA CONCEPTS, 2023
Consumers would be interested in the following pizza concepts:
Elevate the pizza experience at home by adding customization through dips, sauces, and toppings.
US: INTEREST IN PIZZA TYPES, 2023
Kantar Profiles/Mintel, August 2023
US: INTEREST IN PIZZA TYPES, 2023
FLAVORED PIZZA DOUGH
Start at the base and impart a feeling of specialty that translates to quality and flavorful uniqueness.

POSSIBLE FLAVOR OPTIONS…
1) ITALIAN HERB OLIVE OIL
2) ROASTED GARLIC
3) AGED PARMESAN
4) BUTTERMILK
AND MORE!
FLAVORED PIZZA SAUCE
Take consumers on a journey of global and regional tastes through sauces and deliver an extra kick of flavor.

POSSIBLE FLAVOR OPTIONS…
1) BUFFALO WING
2) ROASTED TOMATO
3) PEPPERONI
4) MOZZARELLA
AND MORE!
CONSUMER OUTLOOK
WHAT’S HAPPENING IN THE MARKET
