Europe processed meat market is foreseen to observe a CAGR of 2.47% during the estimated time frame (2020-2025). The market is foreseen to be driven by an ascent in the utilization of white meat i.e., poultry followed by pork and hamburger.
Despite the fact that the notoriety of veganism is on the ascent, the premiumization of processed meat is relied upon to increase retail deals. The fast development of the web-based business division will likewise help the development of the market by offering a wide cluster of meat snacks for online buys.
Processed meat part in Europe at present and over the gauge time frame is relied upon to be driven by side-effect premiumization, where meat utilization despite everything stays a famous consideration across various palates. Be that as it may, sooner rather than later, the "less yet better" idea is probably going to sneak in, where the far-reaching "quality over amount" attitudes are predominant in the market. The methodology is especially solid among wellbeing cognizant and flexitarian customers where the accomplishment of premium processed meat items is foreseen to scale up in the midst of the meat decrease slants in the area. The developing inclination for premium processed brands particularly through online retail channels is one of those key variables driving the market.
Processed meat market in Europe most likely expanded the portion of the little aggregate sum sold, because of the low cost and assortment of the present-day cooking. It is accepted that the developing prevalence of culinary sauces, particularly pasta sauces, is the principal purpose behind the expansion in hamburger deals. Likewise, calculates, for example, changes in lifestyle, more noteworthy interest in inexpensive food and higher extra cash are adding to the development of the European processed meat market.
The bustling city life of a huge number of individuals has changed their inclination for functional food, which requires less time and exertion to cook. As the inclination for prepared-to-eat meats and dinners among urban buyers expands, the interest for processed foods increases, bringing about the development of the processed meat market. The brand marketing and advancement of processed foods, for example, hamburger, pork, and so on, are a portion of the techniques that are seen to command the local market. Additionally, the expanded interest for natural domesticated animals is an open door for providers to build their piece of the overall industry.
Be that as it may, the wellbeing dangers related to the utilization of processed meat can impede market development inside the gauge time frame. The ascent in the cost of crude materials is fundamental confinement in the European processed meat market. In addition, the consideration of associations, for example, WHO to expand the danger of malignancy from the utilization of processed meat is further hampering the development of the processed meat market in Europe. Worries about the danger of malignant growth and coronary illness because of an unfortunate way of life and high utilization of processed foods are expanding, making it trying to embrace this sort of meat
Based on the product type, the European market can be divided into poultry, pork, lamb, and beef. Among all, the poultry section was the leading division and is likely to record notable development in the coming years. Processed pork is also a considerable section of this market due to the rising interest for various processed pork products like bacon, burgers, and so on.
The chilled processed meat section is foreseen to witness exponential development in this market in the outlook period. This is credited to features like reduction in cooking time and meets the changing needs of consumers. Frozen processed meat is also estimated to register a notable growth in the coming years.
Supermarkets/hypermarkets are the leading fragment in the regional market, which is likely to be surpassed by the online channels in the future.
The European processed meat market can be separated by the nation into UK, France, Germany, Italy, Spain, Norway and others. The biggest item market is meat, which speaks to 36% of the processed meat market in Europe. In Europe, the utilization of pork was the maximum, with 32.3 kg per individual. France has the biggest number of hamburgers in Europe, with 25 assortments committed to meat production. Seventy-five percent of the meat produced in the Netherlands is for sending out.
Key Players in the Market:
Major Key Players in the Europe Processed Meat Market are
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquisition Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Processed Meat Market, By Processing Type
6.1.4 Market Size Estimations & Forecasts (2020 - 2025)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Processed Meat Market, By Product Type
6.2.5 Market Size Estimations & Forecasts (2020 - 2025)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
6.3 Processed Meat Market, By Distribution Channel
6.3.2 Grocery Stores
6.3.3 Specialty Retailers
6.3.4 Online Channels
6.3.5 Market Size Estimations & Forecasts (2020 - 2025)
6.3.6 Y-o-Y Growth Rate Analysis
6.3.7 Market Attractiveness Index
7. Geographical Landscape
7.1 Regional Identity Governance and Administration Market, by Region
7.2 Europe - Market Analysis (2020 - 2025)
7.2.1 By Country
220.127.116.11 Rest of Europe
7.2.2 By Processing Type
7.2.3 By Product Type
7.2.4 By Distribution Channel
8. Key Player Analysis
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 NH Foods Ltd
8.3 Smithfield Foods, Inc
8.4 Cargill Incorporated
8.5 ConAgra Foods Inc.
8.6 National Beef Packing Company, LLC
8.7 Tyson Foods Inc
8.8 Cherkizovo Group PJSC
8.9 OSI Group
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures