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Western Europe $1 Trillion Food Market Opportunities, Trends, Growth Analysis and Forecast to 2027

PR Newswire
6 min read

DUBLIN, Dec. 5, 2023 /PRNewswire/ -- The "Western Europe Food Market Opportunities, Trends, Growth Analysis and Forecast to 2027" report has been added to  ResearchAndMarkets.com's offering.

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The Western Europe food industry was valued at $1 trillion in 2022. The region will register value and volume CAGRs of 3.8% and 1.1%, respectively, during 2022-27, the lowest among all regions, mainly due to high inflation. However, Western Europe held the highest per capita consumption and per capita expenditure at 323.6kg and $2.361.3, respectively. The food industry in the Western Europe region remained fragmented in 2022, with the five leading companies accounting for a share of 6.9%.

This report brings together multiple data sources to provide a comprehensive overview of the Western Europe food industry, analyzing data from 19 countries in the region. It includes analysis on the following -

Market Environment: Includes sector size, market size, and growth analysis by sectors.

High-Potential Countries' Analysis: Indicates changing share of value consumption of various food products by sectors across high-potential countries in the Western Europe an region. It also provides risk-reward analysis of four countries across the Western Europe region based on market assessment, economic development, sociodemographic factors, governance indicators, and technological infrastructure.

Country Deep Dive: Provides the overview, demographic analysis, and key trends across high-potential countries.

Success Stories: This section features some of the most compelling food manufacturers, brands, products, and marketing campaigns in the Western Europe region. It also provides a better understanding of how certain manufacturers achieved success in the sector, and insights.

Competitive Environment: Provides an overview of leading companies in the Western Europe region, besides analyzing the growth of private label penetration in the region.

Health & Wellness Analysis: Provides insights on Health & Wellness products in terms of value and percentage share in the overall food industry between 2016-21. The analysis includes key health & wellness attributes and consumer benefits driving the sales of the food industry in 2021. It also covers the market share of leading companies offering food products with health & wellness attributes in the same year.

Distribution Analysis: Provides analysis on the leading distribution channels in the Western Europe food industry in 2022. It covers six distribution channels: hypermarkets & supermarkets, food & drinks specialists, convenience stores, e-retailers; "dollar stores" variety stores & general merchandise retailers, and others. Others includes cash & carries and warehouse clubs, drug stores & pharmacies, vending machines, department stores, and others.

Packaging Analysis: The report provides percentage share (2022) and growth analysis (during 2017-22) for various pack materials, pack types, closures, and primary outer types based on volume sales (by pack units) of food.

Challenges and Future Outlook: Provides the challenges and outlook pertaining to the Western Europe food industry.

Key Highlights

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