Europe Bacon Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Nature (Organic, Conventional), Source (Pork, Beef, Turkey, Chicken), Type (Dry Cured, Immersion Cured, Pumped Bacon), Distribution Channel (Supermarkets and Hypermarkets, Independent Retailers, Food Service, Others), and Country
Europe Bacon Market Forecast to 2027 – COVID-19 Impact and Analysis by Nature (Organic, Conventional), Source (Pork, Beef, Turkey, Chicken), Type (Dry Cured, Immersion Cured, Pumped Bacon), Distribution Channel (Supermarkets and Hypermarkets, Independent Retailers, Food Service, Others), and Country
Number of Pages: 89
Market Introduction
Bacon refers to the sides and belly portion of the pig’s body that is cured and smoked. Bacon is versatile in terms of cooking and helps in increasing the flavor of dishes. When wrapped around lean meats, it proffers moisture while it is cooked. Development in meat processing technologies and an increase in the demand for meat protein, the bacon market has experienced tremendous growth during the past years. The upsurge in demand for pizza, sandwiches, and hamburgers have also bolster well the bacon market growth. However, bacon contains some amount of fats and sodium that increases the risk of heart diseases and blood pressure. This restricts the demand for bacon. Development in new products like turkey bacon is expected to provide lucrative opportunities to the bacon market in the upcoming years. The development of new products, including turkey bacon, can create new opportunities for market growth. Most of the market players to survive in the competitive market adopts some business strategies. New product development and product innovation are amongst them. Thus, the development of new products is expected to create a significant demand for bacon in the coming years, which is further anticipated to drive the bacon market.
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Market Overview and Dynamics
The bacon market in Europe is expected to grow from US$ 8,411.5 million in 2019 to US$ 11,681.3 million by 2027; it is estimated to grow at a CAGR of 4.2% from 2020 to 2027. The development of new products by the market players can create new opportunities for market growth. The food processing industry is one of the largest industry offers contributions to each nation's GDP. Hence, those companies and market players associated with food processing have to be always updated to survive in the market competition. Offering innovative products by understanding the consumer needs provide an opportunity for both the market and marketers, which in turn can boost the market growth for bacon in Europe. For instance, in 2018, Hormel Foods launch four new bacon toppings products, including cherrywood real bacon crumbles, pecan wood real bacon crumbles, real chopped bacon, and single-serve real bacon bits. This is bolstering the growth of the bacon market.
Key Market Segments
In terms of nature type, the conventional segment accounted for the largest share of the Europe becan market in 2019. In terms of source type, the pork segment held a larger market share of the bacon market in 2019. In terms of type, the pumped bacon accounted for the largest share of the Europe becan market in 2019. Further, the supermarkets and hypermarkets segment held a larger share of the market based on distribution channel in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the bacon market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Smithfield Foods, Inc., OSI Group, Karro Food Group, JBS S.A, Hormel Foods Corporation, Farmland Industries, Inc., and Applegate Farms, LLC among others.
Reasons to buy report
- Understand the Europe bacon market landscape and identify market segments that are likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive market landscape in Europe
- Efficiently plan mergers and acquisitions, and partnership deals in Europe bacon market by identifying market segments with the most promising probable sales
- Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
- Obtain revenue forecast for market based on various segments for the period 2019-2027
Europe Bacon Market Segmentation
Europe Bacon Market- by Nature Type
- Organic
- Conventional
Europe Bacon Market - by Source Type
- Pork
- Beef
- Turkey
- Chicken
- Dry Cured
- Immersion Cured
- Pumped Bacon
Europe Bacon Market - by Distribution Channel
- Supermarkets and Hypermarkets
- Independent Retailers
- Food Service
- Others
Europe Bacon Market - by Country
- Germany
- France
- UK
- Russia
- Rest of Europe
Europe Bacon Market- Company Profiles
- Smithfield Foods, Inc.
- OSI Group
- Karro Food Group
- JBS S.A
- Hormel Foods Corporation
- Farmland Industries, Inc.
- Applegate Farms, LLC
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Bacon Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Expert Opinion
5. Bacon Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in consumption of animal-derived products
5.1.2 Rising preference for convenience food products
5.2 Market Restraints
5.2.1 Growing health awareness among consumers due to increasing number of lifestyle and chronic diseases
5.3 Market Opportunities:
5.3.1 Development of new products by the market players
5.4 Future Trends:
5.4.1 Usage of bacon in paleo and keto diet
5.5 Impact Analysis of Drivers and Restraints
6. Bacon – Europe Market Analysis
6.1 Bacon Market Overview
6.2 Bacon Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Competitive Positioning – Key Market Players
7. Bacon Market Analysis – By Nature
7.1 Overview
7.2 Europe Bacon Market, By Nature (2018 and 2027)
7.3 Organic
7.3.1 Overview
7.3.1.1 Organic: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Conventional
7.4.1 Overview
7.4.1.1 Conventional: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
8. Bacon Market Analysis – By Source
8.1 Overview
8.2 Europe Bacon Market, By Source (2018 and 2027)
8.3 Pork
8.3.1 Overview
8.3.1.1 Pork: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Beef
8.4.1 Overview
8.4.1.1 Beef: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Turkey
8.5.1 Overview
8.5.1.1 Turkey: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
8.6 Chicken
8.6.1 Overview
8.6.1.1 Chicken: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
9. Bacon Market Analysis – By Type
9.1 Overview
9.2 Europe Bacon Market, By Type (2018 and 2027)
9.3 Dry Cured
9.3.1 Overview
9.3.1.1 Dry Cured: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
9.4 Immersion Cured
9.4.1 Overview
9.4.1.1 Immersion Cured: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
9.5 Pumped Bacon
9.5.1 Overview
9.5.1.1 Pumped Bacon: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
10. Bacon Market Analysis – By Distribution Channel
10.1 Overview
10.2 Europe Bacon Market, By Distribution Channel (2018 and 2027)
10.3 Supermarket and Hypermarkets
10.3.1 Overview
10.3.1.1 Supermarkets and Hypermarkets: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
10.4 Independent Retailers
10.4.1 Overview
10.4.1.1 Independent Retailers: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
10.5 Food Service
10.5.1 Overview
10.5.1.1 Food Service: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.1.1 Others: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
11. Bacon Market – Country Analysis
11.1 Overview
11.1.1 Europe: Bacon Market, by Key Country
11.1.1.1 Germany: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.1.1 Germany: Bacon Market, by Nature
11.1.1.1.2 Germany: Bacon Market, by Source
11.1.1.1.3 Germany: Bacon Market, by Type
11.1.1.1.4 Germany: Bacon Market, by Distributional Channel
11.1.1.2 France: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.2.1 France: Bacon Market, by Nature
11.1.1.2.2 France: Bacon Market, by Source
11.1.1.2.3 France: Bacon Market, by Type
11.1.1.2.4 France: Bacon Market, by Distribution Channel
11.1.1.3 UK: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.3.1 UK: Bacon Market, by Nature
11.1.1.3.2 UK: Bacon Market, by Source
11.1.1.3.3 UK: Bacon Market, by Type
11.1.1.3.4 UK: Bacon Market, by Distribution Channel
11.1.1.4 Russia: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.4.1 Russia: Bacon Market, by Nature
11.1.1.4.2 Russia: Bacon Market, by Source
11.1.1.4.3 Russia: Bacon Market, by Type
11.1.1.4.4 Russia: Bacon Market, by Distribution Channel
11.1.1.5 Rest of Europe: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.5.1 Rest of Europe: Bacon Market, by Nature
11.1.1.5.2 Rest of Europe: Bacon Market, by Source
11.1.1.5.3 Rest of Europe: Bacon Market, by Type
11.1.1.5.4 Rest of Europe: Bacon Market, by Distribution Channel
12. Impact of COVID-19 Pandemic on Europe Bacon Market
12.1 Europe: Impact Assessment of COVID-19 Pandemic
13. Key Company Profiles
13.1 Applegate Farms, LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.2 Farmland Industries, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.3 Hormel Foods Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.4 JBS S.A
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Development
13.5 Karro Food Group
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.6 OSI Group
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.7 Smithfield Foods, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. Bacon Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. Germany Bacon Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 3. Germany Bacon Market, by Source – Revenue and Forecast to 2027 (USD Million)
Table 4. Germany Bacon Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 5. Germany Bacon Market, by Distributional Channel – Revenue and Forecast to 2027 (USD Million)
Table 6. France Bacon Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 7. France Bacon Market, by Source – Revenue and Forecast to 2027 (USD Million)
Table 8. France Bacon Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 9. France Bacon Market, by Distributional Channel – Revenue and Forecast to 2027 (USD Million)
Table 10. UK Bacon Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 11. UK Bacon Market, by Source – Revenue and Forecast to 2027 (USD Million)
Table 12. UK Bacon Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 13. UK Bacon Market, by Distributional Channel – Revenue and Forecast to 2027 (USD Million)
Table 14. Russia Bacon Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 15. Russia Bacon Market, by Source – Revenue and Forecast to 2027 (USD Million)
Table 16. Russia Bacon Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 17. Russia Bacon Market, by Distributional Channel – Revenue and Forecast to 2027 (USD Million)
Table 18. Rest of Europe Bacon Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 19. Rest of Europe Bacon Market, by Source – Revenue and Forecast to 2027 (USD Million)
Table 20. Rest of Europe Bacon Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 21. Rest of Europe Bacon Market, by Distributional Channel – Revenue and Forecast to 2027 (USD Million)
Table 22. Glossary of Terms, Europe Bacon Market
LIST OF FIGURES
Figure 1. Bacon Market Segmentation
Figure 2. Bacon Market Segmentation – By Country
Figure 3. Europe Bacon Market Overview
Figure 4. Pork Segment Held Largest Share of Europe Bacon Market
Figure 5. Germany Country Held Largest Share of Europe Bacon Market
Figure 6. Europe Bacon Market, Industry Landscape
Figure 7. Europe: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Europe Bacon Market Impact Analysis of Driver and Restraints
Figure 10. Europe: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Europe Bacon Market Revenue Share, by Nature (2018 and 2027)
Figure 12. Europe Organic: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. Europe Conventional: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. Europe Bacon Market Revenue Share, by Source (2018 and 2027)
Figure 15. Europe Pork: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 16. Europe Beef: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. Europe Turkey: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 18. Europe Chicken: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Europe Bacon Market Revenue Share, by Type (2018 and 2027)
Figure 20. Europe Dry Cured: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. Europe Immersion Cured: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 22. Europe Pumped Bacon: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. Europe Bacon Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 24. Europe Supermarkets and Hypermarkets: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 25. Europe Independent Retailers: Bacon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 26. Europe Food Service: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Europe Others: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. Europe: Bacon Market Revenue Share, by Key Country (2018 and 2027)
Figure 29. Germany: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. France: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. UK: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Russia: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Rest of Europe: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in Europe Country Markets
- Smithfield Foods, Inc.
- OSI Group
- Karro Food Group
- JBS S.A
- Hormel Foods Corporation
- Farmland Industries, Inc.
- Applegate Farms, LLC
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Bacon market.
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- 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