Market Size of Europe Frozen Snacks Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.55 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Frozen Snacks Market Analysis
Europe Frozen Snacks market is projected to grow at a CAGR of 6.55% during the forecast period.
- The popularity of frozen snacks as a meal-compliment or even meal replacement is increasing rapidly. The increasing trend of snacking, particularly among teenagers and adults, coupled with the rise in the snack frequency among these demographic segments, is expected to boost the frozen snacks market. The demand for frozen food is continuously growing in the region, with frozen snacks showing significant popularity.
- However, the preference for fresh and natural food products, the need for maintaining a constant temperature for the sustainability of frozen foods, and high logistics costs involved, due to crop failure and shortages, act as restraining factors for the market studied.
