April 19, 2022
According to the recent research report titled ‘Western Europe Ready-to-Eat Meat Market Size, Share and Industry Analysis Report by Product Type (Sausage {Emulsified Cooked Sausage}, Cooked Ham, Chicken {Cooked RTE Chicken (Chilled Chicken/Poultry, Breaded Chicken, Fried Nuggets)}, Breaded Fish) and Distribution Channel (Food Service Provider, Supermarkets & Hypermarkets, Convenient Stores, Independent Retailers, Online Retailers), Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2021 – 2027’ available with MarketStudyReport, western Europe ready-to-eat meat market to garner substantial gains by 2027.
The major factors primarily driving the western Europe ready-to-eat meat market are the advantageous properties associated with the product such as preservatives free, instant preparation, seasonal limitations, high convenience, and availability of same nutritional value across all food products.
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The market is bifurcated based on distribution channel, product type, and country-level analysis.
The product segment is further classified into sausage, chicken, cooked ham, breaded fish, and others. The chilled chicken/ poultry segment is estimated to account for USD 6.05 billion by 2027. In 2020 meanwhile, the breaded chicken segment amassed USD 4 billion and is estimated to grow steadily during the forecast duration, given the growing trends of of snacking.
Citing the distribution channel, the Western Europe ready-to-eat meat industry vertical is classified into independent retailers, online retailers, supermarkets & hypermarkets, food service providers, and convenience stores. The convenience stores segment is predicted to expand at a CAGR of 6.5% through the forecast timeline, owing to a rise in sales of ready-to-eat meat products among the local operators.
Moving forward, the country-level fragmentation of western Europe ready-to-eat meat industry spans across Spain, France, Belgium, Germany, the U.K., Norway, Netherlands, Norway, Italy, Denmark, and Poland. The Spain market is predicted to register a 6.5% CAGR through 2027, owing to the increase in popularity of ready-to-cook and ready-to-eat chicken products.
Meanwhile, the ready-to-eat meat industry in Poland was valued at USD 2.5 billion in 2020 and is estimated to garner significant growth through 2021-2027, primarily due to growing consumer demand for healthier and easy-to-prepare meat and chicken products.
The U.K. market is also poised to record a CAGR of 8% during the study period, owing to the alarming demand for convenient and protein-rich food.
The competitive landscape of western Europe’s ready-to-eat meat market is defined by companies such as Cargill Inc., JBS Foods, OSI Group, James T Blakeman & Co. Ltd., Kleinemas Fleischwaren GmbH & Co. KG, Dat Schaub A/S, Van Hessen BV, Dawn Farms Food Ltd., Ifantis S.A., Vismara S.p.A., Smithfield Foods Inc., Plukon Food Group BV, and Tyson Foods Inc.