The Europe Staple Food Market would witness market growth of 6.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Staple Food Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $154,366.3 million by 2031. The UK market is exhibiting a CAGR of 5.8% during (2024 - 2031). Additionally, The France market would experience a CAGR of 7.9% during (2024 - 2031).
Staple foods are essential to livestock diets, providing feed for poultry, cattle, pigs, and other livestock. Grains like maize and wheat and tubers such as potatoes serve as valuable energy sources and nutrients for animal growth and production. The demand for animal feed from essential foods supports integrated farming systems and contributes to the livestock industry’s sustainability.
Adoption and consumption patterns of essential foods vary significantly across regions and are influenced by a complex interplay of factors, including geography, climate, culture, economic development, and dietary preferences. Consumption patterns reflect traditional culinary practices and nutritional needs, with essential foods forming the basis of hearty, carbohydrate-rich meals.
Europe’s agricultural output, including essential foods, contributes significantly to global food trade. The EU is a major exporter of agricultural products, influencing global market dynamics and trade flows for staples like wheat, dairy products, and processed foods. As per the Climate Scorecard, the EU traditionally exports more agricultural products than imports; in 2020, agriculture comprised 9.5% of the EU’s total exports and 7.1% of the EU’s total imports. In 2021, agriculture made up 1.3% of the EU’s GDP. France makes the largest agricultural contribution within the EU, followed by Italy and Spain. Furtehrmore, the growth of the agri-food industry in the UK contributes to increased domestic production of essential foods such as wheat, barley, oats, potatoes, and vegetables. As per the Government of the United Kingdom, the agri-food sector contributed £128.3 billion or 6.3% to the national gross value added in 2021. In conclusion, the agri-food industry's expansion and the region's increasing agriculture sector are driving the market's growth.
Free Valuable Insights: The Global Staple Food Market will Hit USD 2.6 Trillion by 2031, at a CAGR of 7%
Based on Nature, the market is segmented into Conventional, and Organic. Based on Product Type, the market is segmented into Cereals, Vegetables, Fruit, Oil, Sugar, Roots & Tuber, and Others. Based on Distribution Channel, the market is segmented into Wholesale Distributors, Direct-to-Consumer (D2C), Retail Stores, Online Retailers, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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