Market Size of Europe Bacon Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 2.56 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Bacon Market Analysis
The Europe bacon market is projected to register a CAGR of 2.56% during the forecast period, 2020-2025.
- Surveys indicate that the smell of frying bacon is one of the favorite scents in the European countries like United Kingdom, along with cut grass and fresh bread. Bacon is a repository of childhood memories and not just a food; it is a totem of home to many consumers in the United Kingdom. The choice of the crispy fat of streaky or the leanness of back and between smoked or unsmoked varies from person to person. Danish pork is also among the favorites of the locals.
- The retail sector primarily supermarket and hypermarets held the highest arket share in the distribution of bacon across the region. The private labelled brands in the retail sectors offer bacon at a compettive price and wide range of branded bacon in aisle, which has actively capturerd consumer attention and has significantly influenced their purchasing behaviour.