Market revenue in 2023 | USD 142,890.6 million |
Market revenue in 2030 | USD 214,746.1 million |
Growth rate | 6% (CAGR from 2023 to 2030) |
Largest segment | Baked goods |
Fastest growing segment | Baked Goods |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Baked Goods |
Key market players worldwide | Four Sigmatic |
Baked goods was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Europe private label packaged food market based on baked goods covering the revenue growth of each sub-segment from 2018 to 2030.
Growing technological innovation in the nutraceuticals sector offers new opportunities in the European fiber supplements market. The Federation of European Nutrition Societies (FENS) funds and invests in various nutritional foods & nutria-cosmetics businesses.
The federation operates and nurtures the growth of such businesses in 26 countries in the region. The European Society for Clinical Nutrition and Metabolism (ESPEN) governs and offers grants for businesses in the nutrition sector and accolades the best-performing organizations in the industry.
Such initiatives have encouraged participants to come up with highly beneficial and innovative products, thus boosting industry growth.
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