Cheese and Vegetable Appetizers Market Scope and Analysis by 2030
Cheese and Vegetable Appetizers Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 5,497.98 Million |
Market Size by 2030 | US$ 8,346.34 Million |
Global CAGR (2022 - 2030) | 5.4% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industry Developments and Future Opportunities:
Various initiatives taken by the key players operating in the global cheese and vegetable appetizers market are listed below:
- In 2023, Kipco Damaco NV announced expansion with 12th Sales Office in Izmir, Turkey.
- In 2022, McCain Foods announced that it expanded its range of delectable, ready-to-eat vegetable appetizers by acquiring Scelta Products, a frozen food producer in the Netherlands.
COVID-19 Pandemic Impact:
The COVID-19 pandemic adversely affected economies and industries in various countries. Lockdowns, travel restrictions, and business shutdowns in leading countries in North America, Europe, and Asia Pacific hindered the growth of various industries such as food & beverages. The shutdown of manufacturing units disturbed global supply chains, manufacturing activities, delivery schedules, and various essential and nonessential product sales. Many companies announced possible delays in product deliveries and a slump in future sales of their products in 2020. In addition, the bans imposed by various governments on international travel forced the companies to put their collaboration and partnership plans on a temporary hold. All these factors hampered the food & beverages industry in 2020 and early 2021, thereby restraining the growth of the global cheese and vegetable appetizers market.
Competitive Landscape and Key Companies:
Al Kabeer Group ME, Birds Eye Ltd, Endori Food GmbH and Co KG, Kipco Damaco NV, Lactalis McLelland Ltd, Lamb Weston Holdings Inc, Le Duc Fine Food BV, McCain Foods Ltd, Nestle SA, and Salud Foodgroup Europe BV are among the prominent players operating in the global cheese and vegetable appetizers market.