Product ID: SQSG30I2054
Report ID:
SQSG30I2054 |
Region:
Global |
Published Date: July, 2036
Pages:
238
|
Tables:
91 |
Figures:
76
Europe is dominated the global packaged burger market in 2021 as it occupies approximately half of the current market and is expected to maintain its lead during the forecast period. This trend is because of the constant introduction of new products such as plant based burgers and others which people prefer in this region. Rising vegan population and the trend of veganism is expected to support the market growth in this region. Many vendors are including veggie burgers in their existing product portfolio. The countries such as the UK, Germany and Italy are in forefront in the European packaged burger market. Major players have started to offer health conscious options such as whole grain breads along with vegan products.
Asia-pacific is expected to the fastest growing region during the forecast period. Key markets which will provide a better growth opportunity includes China, Australia, Japan, India and South Korea. These markets have much untapped potential and will likely boost the packaged burger market in the Asia-Pacific region. Many global players are planning to expand in this region and local players are also getting some success in this market by introducing plant based packaged burgers.
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REQUEST FREE CUSTOMIZATIONPackaged Burger Market size was valued at USD 42.25 billion in 2019 and is poised to grow from USD 44.5 billion in 2023 to USD 67.09 billion by 2031, growing at a CAGR of 5.2% in the forecast period (2024-2031).
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Product ID: SQSG30I2054