PUBLISHER: GlobalData | PRODUCT CODE: 1486388
PUBLISHER: GlobalData | PRODUCT CODE: 1486388
This report brings together multiple data sources to provide a comprehensive overview of the Western European food industry, analyzing data from 19 countries in the region. It includes an analysis of the following -
Market environment: Includes industry size, market size, and growth analysis by the top five sectors: bakery & cereals, dairy & soy food, meat, fish & seafood, and savory & deli foods.
High-potential countries analysis: Indicates changing share of value consumption of various food products by sector across high-potential countries in the Western European region. It also provides risk-reward analysis of four countries across the Western European region based on market assessment, economic development, sociodemographic factors, governance indicators, and technological infrastructure.
The Western Europe food industry was valued at $1 billion in 2023. The region will register value and volume CAGRs of 3.9% and 0.8%, respectively, during 2023-28, the lowest among all regions, mainly due to high inflation. The food industry in Western Europe remained fragmented in 2023, with the five leading companies accounting for a combined value share of 6.6%. Mondelez International, the largest company, held a 1.7% value share. Hypermarkets & supermarkets was the leading distribution channel in the Western European food industry in 2023, with a value share of 56.9%, followed by food & drinks specialists with 17.4%.