Pumped Bacon Segment to Dominate EUROPE Bacon Market during 2019-2027
According to a new market research study on “EUROPE Bacon Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Nature, Source, Type, and Distribution Channel” is expected to reach US$11,681.3 million by 2027 from US$8411.5 million in 2019. The market is estimated to grow at a CAGR of 4.2% from 2020 to 2027. The report provides trends prevailing in the Europe Bacon market along with the drivers and restraints pertaining to the market growth. Rise in consumption of animal-derived products are the major factor driving the growth of the Europe Bacon market. However, issues associated with the health of the consumers due to rise in number of lifestyle and chronic diseases hinder the growth of Europe Bacon market.
The market for Bacon market is segmented into nature, source, type, distribution channel and country. Based on nature, the market is segmented into organic, and conventional. In 2019, the conventional segment held the largest share Europe Bacon market. Based on source the Bacon market is divided into pork, beef, turkey, and chicken. Pork is expected to the fastest growing segment over the forecast period. On the basis of type the market is segmented into dry cured, immersion cured, and pumped bacon. The pumped bacon segment accounts for largest market share in the 2019. Similarly, based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, independent retailers, food service and others. The supermarkets and hypermarkets segment contributed a substantial share in 2019.
Further, amid COVID 19 pandemic, the Europe bacon market players have been thriving as most of the industries in countries such as Germany, France, UK, Russia, and Rest of Europe are facing severe effects. The majority of the countries have imposed lockdown or restricted transportation, which have led to a dip in industry yields owing to low labor footfall.
OSI Group, JBS S.A, Hormel Foods Corporation, Farmland Industries, Inc., and Applegate Farms LLC are among the leading companies in the EUROPE Bacon market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Hormel Foods Corporation announced that it will begin offering two years’ worth of college to the children of its employees.
The Report Segments the Europe Bacon market as Follows:
Europe Bacon Market - By Nature
Europe Bacon Market - By Source
Europe Bacon Market - By Type
Europe Bacon Market - By Country
Reasons to Buy
According to a new market research study on “EUROPE Bacon Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Nature, Source, Type, and Distribution Channel” is expected to reach US$11,681.3 million by 2027 from US$8411.5 million in 2019. The market is estimated to grow at a CAGR of 4.2% from 2020 to 2027. The report provides trends prevailing in the Europe Bacon market along with the drivers and restraints pertaining to the market growth. Rise in consumption of animal-derived products are the major factor driving the growth of the Europe Bacon market. However, issues associated with the health of the consumers due to rise in number of lifestyle and chronic diseases hinder the growth of Europe Bacon market.
The market for Bacon market is segmented into nature, source, type, distribution channel and country. Based on nature, the market is segmented into organic, and conventional. In 2019, the conventional segment held the largest share Europe Bacon market. Based on source the Bacon market is divided into pork, beef, turkey, and chicken. Pork is expected to the fastest growing segment over the forecast period. On the basis of type the market is segmented into dry cured, immersion cured, and pumped bacon. The pumped bacon segment accounts for largest market share in the 2019. Similarly, based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, independent retailers, food service and others. The supermarkets and hypermarkets segment contributed a substantial share in 2019.
Further, amid COVID 19 pandemic, the Europe bacon market players have been thriving as most of the industries in countries such as Germany, France, UK, Russia, and Rest of Europe are facing severe effects. The majority of the countries have imposed lockdown or restricted transportation, which have led to a dip in industry yields owing to low labor footfall.
OSI Group, JBS S.A, Hormel Foods Corporation, Farmland Industries, Inc., and Applegate Farms LLC are among the leading companies in the EUROPE Bacon market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Hormel Foods Corporation announced that it will begin offering two years’ worth of college to the children of its employees.
The Report Segments the Europe Bacon market as Follows:
Europe Bacon Market - By Nature
- Organic
- Conventional
Europe Bacon Market - By Source
- Pork
- Beef
- Turkey
- Chicken
Europe Bacon Market - By Type
- Dry Cured
- Immersion Cured
- Pumped Bacon
- Supermarkets and Hypermarkets
- Independent Retailers
- Food Service
- Others
Europe Bacon Market - By Country
- South Africa
- Uganda
- UAE
- Rest of Europe
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Bacon market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe Bacon market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Bacon market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. Bacon Market Landscape
5. Bacon Market - Key Market Dynamics
6. Bacon - Europe Market Analysis
7. Bacon Market Analysis - By Nature
8. Bacon Market Analysis - By Source
9. Bacon Market Analysis - By Type
10. Bacon Market Analysis - By Distribution Channel
11. Bacon Market - Country Analysis
12. Impact of COVID-19 Pandemic on Europe Bacon Market
13. Key Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Smithfield Foods, Inc.
- OSI Group
- Karro Food Group
- JBS S.A
- Hormel Foods Corporation
- Farmland Industries, Inc.
- Applegate Farms, LLC
