Europe Animal-Based Food and Beverage Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.93 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Animal-Based Food and Beverage Market Analysis
Europe animal-based food and beverage market is projected to grow at a CAGR of 3.93% during the forecast period (2022-2027).
The animal-based food and beverage industry of Europe has faced several challenges due to COVID-19, which include price changes, supply chain disruption, safety, and other unanticipated impacts. Since Covid-19, health consciousness has been increasingly growing among the population of the region. In addition, the consumer behaviour towards animal-based food and beverages has been extensively changed in the Europe. For instance, in recent years, the volume of bacon exported from Denmark to European Union decreased overall. As of 2019, it amounted to roughly 47 thousand metric tons. In 2021, the export volume from the country to the European Union reached approximately 45 thousand metric tons in total, of which around 43 thousand metric tons of bacon were for the export trade to the United Kingdom.
Over the medium term, the growing need for convenience food supported by factors, such as busy lifestyles, changing consumer preferences, and growing demand for ready-to-eat food products (like processed meat and dairy snacks), are expected to drive the demand for the market studied.
Furthermore, innovations in meat processing technologies have led to the introduction of diverse products in the market, thus, ensuring a bigger consumer base. Cheese and pig meats are the preferred animal-based protein sources in the European Union, followed by poultry, milk, and bovine.
Europe Animal-Based Food and Beverage Market Trends
This section covers the major market trends shaping the Europe Animal Based Food & Beverage Market according to our research experts:
Increasing Demand for High-Value Animal Protein
According to Eurostat, the annual meat production, such as bovine, poultry, pigs, and sheep, has constantly been increasing in the European market. European Union pork production grew in the first five months of 2021, according to data from the European Union Commission. The European Union produced 1.88 million tonnes of pork in May, down 1% from April but up 5% (96,600 tonnes) year-on-year. 19.87 million clean pigs were slaughtered during the month, 5% (949,500 head) more than a year ago. This is due to the growing demand for protein-rich food, primarily driven by the rise in health consciousness among consumers, globally. The increase in the demand for animal protein and the growing consumer preference for low-fat and high-protein diets have led to a remarkable rise in the consumption of animal protein across Europe. This trend has been driven by the influence of ethnic cuisines across Africa, Asia-Pacific, and especially the Middle East being consumed in Europe. Therefore, this is further increasing the demand for animal protein products in Europe. The growing consumption of processed poultry and pork meat is expected to drive the demand for processed meat in Europe.
Germany Accounted for the Largest Market
The German meat market is already a saturated one as over the past 30 years consumption has slightly declined at times and has largely stagnated overall, at around 60 kilograms per capita per year. In 2021, there has been 53.5 kilograms per capita in which Pork remaining the favourite variety and accounting for 31 kilograms, followed by poultry (13.1 kilograms) and beef (9.4 kilograms). Consumption of sheep, goat and other meat (including venison) amounts to less than 2 kilograms. Also, hams are one of Germany's most favourite meat products, both the air-dried, cured, prosciutto-like 'raw ham' (Rohschinken) and the boiled, cured, pink 'cooked ham' (Kochschinken). Pertaining to high production levels of milk and other dairy products, Germany has been accountable for 20,9% of total milk deliveries in 2021. Moreover, Germany also depicts self-sufficiency rate of 133% as far as dairy segment is concerned.
Europe Animal-Based Food and Beverage Industry Overview
The most active players, such as Royal FrieslandCampina NV, Unilever PLC, Arla Foods Amba, and other few active players are among the most prominent companies operating in the Europe animal-based food and beverage market. The key players are embarking on mergers and acquisitions and product innovation as their key strategies to achieve consolidation, and to optimize their offerings. Moreover, these players are partnering with local players to gain dominance in the local markets. For instance: Royal FrieslandCampina NV has entered into an agreement with Royal A-ware for the production and supply of mozzarella cheese. In this partnership, Royal A-ware will take care of the processing of the milk and the production of mozzarella cheese in the new mozzarella production location in Heerenveen (the Netherlands).
Europe Animal-Based Food and Beverage Market Leaders
Danone SA
Nestle SA
Nomad Foods
Royal FrieslandCampina NV
Unilever PLC
*Disclaimer: Major Players sorted in no particular order
Europe Animal-Based Food and Beverage Market News
In April 2022, - Nomad Foods, launched an Open Innovation Portal that invites partners to share new solutions that could be scaled to help shape the future of food and support more sustainable diets.
In June 2020, Food Union, prepared more than 100 products featuring exclusive flavors, textures, and nutritional benefits to launch into northern Europe including regions like Lithuania, Estonia, Norway, Denmark, Romania, Belarus, and Russia.
In April 2021, Nomad foods announced the completion of its acquisition of Fortenova group's frozen foods business.
Europe Animal-Based Food and Beverage Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porters Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Processed Meat
5.1.1.1 Bacon
5.1.1.2 Burgers and Grills
5.1.1.3 Meat Balls
5.1.1.4 Sausages
5.1.1.5 Other Processed Meats
5.1.2 Dairy Beverages
5.1.2.1 Flavored
5.1.2.2 Unflavored
5.1.3 Ice Cream
5.1.4 Cheese
5.1.5 Yogurt
5.1.6 Food Spreads
5.2 By Distribution Channel
5.2.1 Supermarkets/Hypermarkets
5.2.2 Convenience Stores
5.2.3 Online Retail Stores
5.2.4 Other Distribution Channels
5.3 Country
5.3.1 United Kingdom
5.3.2 Germany
5.3.3 France
5.3.4 Belgium
5.3.5 Italy
5.3.6 Spain
5.3.7 Netherlands
5.3.8 Switzerland
5.3.9 Sweden
5.3.10 Denmark
5.3.11 Norway
5.3.12 Finland
5.3.13 Portugal
5.3.14 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Groupe Danone
6.4.2 Nestle SA
6.4.3 JBS SA
6.4.4 Tyson Foods Inc.
6.4.5 Nomad Foods
6.4.6 Kraft Heinz
6.4.7 Mars Holding GmbH
6.4.8 Conagra Brands Inc
6.4.9 SARIA SE & Co. KG
6.4.10 Royal FrieslandCampina NV
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
Europe Animal-Based Food and Beverage Industry Segmentation
Animal-based foods include many food items that come from an animal source such as fish, poultry, bovine, swine, among others. The market has been segmented by product type, distribution channel, and geography. By product type, the market studied is segmented into processed meat, dairy beverages, ice cream, cheese, yogurt, and food spreads. Processed meat segment is sub-segmented into bacon, burgers and grills, meat balls, sausages, and other processed meats. Dairy beverages segment is sub-segmented into flavored and unflavored. By distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, online retail stores, and other distribution channels. By country, the market studied is segmented into the United Kingdom, Germany, France, Belgium, Italy, Spain, the Netherlands, Switzerland, Sweden, Denmark, Norway, Finland, Portugal, and Rest of Europe. The report offers market size and forecasts in value (USD million) for the above segments.
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| Supermarkets/Hypermarkets | |
| Convenience Stores | |
| Online Retail Stores | |
| Other Distribution Channels |
| Country | |
| United Kingdom | |
| Germany | |
| France | |
| Belgium | |
| Italy | |
| Spain | |
| Netherlands | |
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| Denmark | |
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| Rest of Europe |
Europe Animal-Based Food and Beverage Market Research FAQs
What is the current Europe Animal-Based Food and Beverage Market size?
The Europe Animal-Based Food and Beverage Market is projected to register a CAGR of 3.93% during the forecast period (2024-2029)
Who are the key players in Europe Animal-Based Food and Beverage Market?
Danone SA , Nestle SA, Nomad Foods , Royal FrieslandCampina NV and Unilever PLC are the major companies operating in the Europe Animal-Based Food and Beverage Market.
What years does this Europe Animal-Based Food and Beverage Market cover?
The report covers the Europe Animal-Based Food and Beverage Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Animal-Based Food and Beverage Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Animal-Based Food Industry Report
Statistics for the 2024 Europe Animal-Based Food market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Animal-Based Food analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
