NEW YORK, Nov. 16, 2023 /PRNewswire/ — The pates market is expected to grow by USD 97.83 million from 2023 to 2028, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 1.69% during the forecast period. The growth of the organized retail sector is notably driving the pates market. However, factors such as the need for adherence to stringent regulations and guidelines may impede market growth. The market is segmented by distribution channel (offline and online), product type (chicken, fish, duck, and others), and geography (Europe, North America, South America, APAC, and Middle East and Africa). 

Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The Free sample report is available in PDF format 

Key Segment Analysis

• The market share growth by the offline segment will be significant during the forecast period. Physical outlets such as hypermarkets, supermarkets, grocery stores, and convenience stores are also offline distribution channels. The two leading offline distribution channels are organized retail, such as hypermarkets and supermarkets, making it easy for consumers to purchase pate. They are also allowed to choose a variety of products and packaging. As a result of this proximity factor, some consumers are inclined to buy from convenience stores instead of hypermarkets and supermarkets.

To know additional highlights and key points on various market segments and their impact in coming years, View the Free PDF Sample Report.

Geographical Market Analysis 

• Europe is estimated to contribute 40% to the growth of the global market during the forecast period. The growing consumer base, particularly for the younger generation, has led to rising consumption of pate in Europe. Due to its busy lifestyle, the working population in Europe is increasingly turning away from traditional meals and opting for prepared food like pates. In addition, consumers are increasingly aware of the choices they make about food and options that reflect their own health goals. The growing consumer base, particularly for the younger generation, has led to rising consumption of pate in Europe. Due to its busy lifestyle, the working population in Europe is increasingly turning away from traditional meals and opting for prepared food like pates. In addition, consumers are increasingly aware of the choices they make about food and options that reflect their own health goals. 

Company Insights 

The pates market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market companies, including Alexian Pate and Specialty Meats, Argeta, Braehead Foods, Deliola, HONEYWELLS FARM SHOP, Hopwells, Jean Henaff SAS, Kinsale Bay Food Co., LOCAL FERMENT CO., Morrow Foods, Patchwork Traditional Foods, Podravka d.d., RougiE, Setra Group, Tesco Plc, Tiki pets, Tom and Ollie, Waitrose and Partners, and William Jackson Food Group Ltd.

View the Free PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.

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ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Distribution Channel

Market Segmentation by Product Type

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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