The Europe Refrigerated Snacks Market is expected to witness market growth of 5.2% CAGR during the forecast period (2021-2027).
As people are living a fast-paced lifestyle, the demand for ready-to-eat food products is constantly increasing. The cryogenic equipment, an advanced invention of the refrigerated food industry is expected to also increase the consumption of refrigerated snacks. This equipment is used for freezing the bakery products such as pizza, pastries, bread, wafers, cakes, and other such snacks.
In addition, refrigerating the snacks also prevents the food from harmful bacteria. Bacteria multiply rapidly at room temperature. This is the reason that perishable snacks are meant to be refrigerated. Although preserving the snacks at a cool temperature does not eliminate the growth of bacteria, it reduces the speed of the multiplication of bacteria.
The European consumer reflects economic position, culinary customs, and consumption habits of different countries in terms of preferences. The European region is popular for its high standard of living due to the higher disposable income level of the people. The economic status of the consumers of the European region allows them to buy expensive and standardized products like refrigerated snacks which display their status. The European region has a mature and well-developed refrigerated snack market.
The Germany market dominated the Europe Refrigerated Snacks Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $11.7 billion by 2027. The UK market is expected to witness a CAGR of 4.4% during (2021 - 2027). Additionally, The France market is experiencing a CAGR of 5.9% during (2021 - 2027).
Based on End User, the market is segmented into Residential and Food Services. Based on Type, the market is segmented into Savory Snacks, Bakery Snacks, Confectionery Snacks, Fruit Snacks and Others. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Specialty Stores, Online Sales Channel and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ajinomoto Co. Inc., Charoen Pokphand Foods Public Company Limited, Keventer Agro Limited, Cargill Corporation, Nestle S.A., Conagra Brands, Inc., General Mills, Inc., The Kraft Heinz Company, Unilever PLC, and McCain Foods Limited.
As people are living a fast-paced lifestyle, the demand for ready-to-eat food products is constantly increasing. The cryogenic equipment, an advanced invention of the refrigerated food industry is expected to also increase the consumption of refrigerated snacks. This equipment is used for freezing the bakery products such as pizza, pastries, bread, wafers, cakes, and other such snacks.
In addition, refrigerating the snacks also prevents the food from harmful bacteria. Bacteria multiply rapidly at room temperature. This is the reason that perishable snacks are meant to be refrigerated. Although preserving the snacks at a cool temperature does not eliminate the growth of bacteria, it reduces the speed of the multiplication of bacteria.
The European consumer reflects economic position, culinary customs, and consumption habits of different countries in terms of preferences. The European region is popular for its high standard of living due to the higher disposable income level of the people. The economic status of the consumers of the European region allows them to buy expensive and standardized products like refrigerated snacks which display their status. The European region has a mature and well-developed refrigerated snack market.
The Germany market dominated the Europe Refrigerated Snacks Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $11.7 billion by 2027. The UK market is expected to witness a CAGR of 4.4% during (2021 - 2027). Additionally, The France market is experiencing a CAGR of 5.9% during (2021 - 2027).
Based on End User, the market is segmented into Residential and Food Services. Based on Type, the market is segmented into Savory Snacks, Bakery Snacks, Confectionery Snacks, Fruit Snacks and Others. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Specialty Stores, Online Sales Channel and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ajinomoto Co. Inc., Charoen Pokphand Foods Public Company Limited, Keventer Agro Limited, Cargill Corporation, Nestle S.A., Conagra Brands, Inc., General Mills, Inc., The Kraft Heinz Company, Unilever PLC, and McCain Foods Limited.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Residential and
- Food Services
By Type
- Savory Snacks
- Bakery Snacks
- Confectionery Snacks
- Fruit Snacks and
- Others
By Distribution Channel
- Supermarket/Hypermarket
- Specialty Stores
- Online Sales Channel and
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Ajinomoto Co. Inc.
- Charoen Pokphand Foods Public Company Limited
- Keventer Agro Limited
- Cargill Corporation
- Nestle S.A.
- Conagra Brands, Inc.
- General Mills, Inc.
- The Kraft Heinz Company
- Unilever PLC
- McCain Foods Limited
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Europe Refrigerated Snacks Market by End User
Chapter 5. Europe Refrigerated Snacks Market by Type
Chapter 6. Europe Refrigerated Snacks Market by Distribution Channel
Chapter 7. Europe Refrigerated Snacks Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Ajinomoto Co. Inc.
- Charoen Pokphand Foods Public Company Limited
- Keventer Agro Limited
- Cargill Corporation
- Nestle S.A.
- Conagra Brands, Inc.
- General Mills, Inc.
- The Kraft Heinz Company
- Unilever PLC
- McCain Foods Limited
Methodology
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