Market Size of Europe Emergency Food Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.33 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Emergency Food Market Analysis
The Europe emergency food market is projected to grow at a CAGR of 3.33% during the forecast period.
- Rising demand for healthy and convenient on-the-go food products boosts the sales of emergency foods among the European consumers. The changing consumer lifestyles and consumption patterns due to the current COVID-19 crisis have boosted the demand for high shelf life foods.
- The consumers in European countries are highly focused on the healthy foods, meals, and snacks. According to a report published by FONA International Inc., in December 2017, 65% of French consumers stated that they may prefer snack bars with added health benefits. Therefore, companies are developing healthier snack bar choices with a high content of fruit or vegetable, fiber, and protein to satiate consumer demand.
- The global players dominate the market due to their prestigious reputations in the market studied. General Mills Inc. and The Kellogg Company, among others, are some of the leading companies dominating the European emergency food market.