Europe Bake Stable Pastry Fillings Market Size & Outlook
Europe bake stable pastry fillings market, 2018-2028 (US$M)
Related Markets
Europe bake stable pastry fillings market highlights
- The Europe bake stable pastry fillings market generated a revenue of USD 386.8 million in 2020.
- The market is expected to grow at a CAGR of 6.3% from 2021 to 2028.
- In terms of segment, fruits was the largest revenue generating product in 2020.
- Nuts is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 386.8 million |
| Market revenue in 2028 | USD 629.4 million |
| Growth rate | 6.3% (CAGR from 2020 to 2028) |
| Largest segment | Fruits |
| Fastest growing segment | Nuts |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chocolate, Fruits, Nuts |
| Key market players worldwide | Dr.Oetker, Avebe, Dawn Food Products, Herbstreith & Fox, Puratos, Andros Foods North America, Famesa, Malas Fruit |
Other key industry trends
- In terms of revenue, Europe region accounted for 38.1% of the global bake stable pastry fillings market in 2020.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 388.0 million by 2028.
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Bake Stable Pastry Fillings Market Scope
Bake Stable Pastry Fillings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe bake stable pastry fillings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bake stable pastry fillings market will help companies and investors design strategic landscapes.
Fruits was the largest segment with a revenue share of 54.86% in 2020. Horizon Databook has segmented the Europe bake stable pastry fillings market based on chocolate, fruits, nuts covering the revenue growth of each sub-segment from 2018 to 2028.
According to an article published by Tate & Lyle PLC in 2020, the biggest driver of growth of the baked goods industry in Europe is the increasing demand for reduced sugar and calorie products, as consumers are shifting toward healthier food alternatives.
The article also stated that European consumers are more likely to prefer products that offer nutritional benefits, such as added fiber for digestion and protein for energy. This has led to an increase in product innovations across the region.
To cater to these shifting consumer preferences, more than 37% of manufacturers of bakery products, such as bake stable pastry fillings, are focusing on innovation and new product development, as well as reformulation of existing products to reduce sugar and fat content.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe bake stable pastry fillings market, including forecasts for subscribers. This continent databook contains high-level insights into Europe bake stable pastry fillings market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Europe bake stable pastry fillings market size, by country, 2018-2028 (US$M)
Europe Bake Stable Pastry Fillings Market Share, 2020 & 2028 (US$M)
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