Germany Food Processing and Manufacturing (FPM) Contract manufacturing Market Growth, Size, Share, Industry Report and Forecast 2019-2025


Posted May 21, 2020 by mansi3210

Germany Food Processing and Manufacturing (FPM) Contract manufacturing Market Size, Share & Trends Analysis Report by Services Forecast Period 2019-2025
 
Germany FPM contract manufacturing market is expected to grow at a CAGR of approximately 5.4% during the forecast period. Germany is considered one of the key countries in the food and beverage market in the European region. The Germany FPM contract manufacturing market is driven by some crucial factors such as the presence of small and large FPM contract manufacturers and the rapid arrival of new product varieties owing to research and development in the market. Many small and large companies are looking for a contract manufacturer that can enable companies to provide innovative products in the market. Further, growing demand for convenience food, improvement in the food manufacturing supply chain and lack of manufacturing production capabilities of food product manufacturers are considered as the driving factors. According to the German trade and invest (GTAI), Germany has nearly 82 million consumers of food and beverage products across the country, this number is expected to increase in the upcoming years, making Germany a hotspot for the manufacturing of food and beverages products.

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The sector is categorized by the presence of more than 6,000 small and medium-sized enterprises, which generated total revenue of more than $196.9 billion. As the total revenue generated from the food and beverage industry increases, the food product manufacturers focus on reducing their operating costs by indulging in contract manufacturing, thereby creating opportunities for the growth of the Germany FPM contract manufacturing market during the forecast period.

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Moreover, Germany has the presence of numerous key players that are engaged in the manufacturing of food and beverage products. These include Cargill, Mondel?z Deutschland, Nestlé, Südzucker, Dr. Oetker Group and Arla among others. This is expected to create opportunities for the augmentation of the contract manufacturing players to establish their presence in the country and collaborate with these food product manufacturer so as to give a necessary boost to their revenue stream. Thus, it is expected to augment the growth of the Germany FPM contract manufacturing market during the forecast period.

Germany FPM Contract Manufacturing Market Segmentation

By Services

• Food Manufacturing Services
• Convenience Foods
• Bakery Products
• Dietary Supplement
• Confectionery Products
• Dairy Products
• Others
• Research and Development
• Food Packaging Services

Company Profiles

• ADM WILD Europe GmbH & Co.KG
• BHI – BioHealthInternational GmbH
• DMK Group
• Goerlich Pharma GmbH
• Laboratorium Dr. Deppe GmbH
• SternMaid GmbH & Co. KG
• Well Plus Trade Vertriebs GmbH Co. KG
• Pharmachem GmbH & Co. KG
• Vital Products

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Categories Business , Energy , Food
Tags Food & Beverage , Market Research , market analysis , Market Forecast
Last Updated May 21, 2020