Pates Market - Forecast(2024 - 2030)

Report Code: FBR 0312 Report Format: PDF + Excel

pates market Overview

The pates market size to be valued at USD 2.2 billion by 2030 and is expected to grow at a compound annual growth rate (CAGR) of 2.3% during the forecast period. Infrastructure development and construction projects are key drivers of demand for various types of plates, such as steel, aluminum, and composite plates. As urbanization accelerates and populations expand, the need for modernized infrastructure becomes increasingly pressing. Governments worldwide are investing heavily in infrastructure initiatives, including the construction of roads, bridges, buildings, and industrial facilities, to support economic growth and meet the demands of growing populations. These projects require a wide range of materials, with plates playing a crucial role in structural components, reinforcing elements, and surface cladding. Steel plates are commonly used for their strength and durability in applications such as bridge construction and building frameworks. The automotive and transportation sectors rely heavily on plates for various aspects of vehicle manufacturing, encompassing body panels, chassis components, and structural reinforcements. With the automotive industry undergoing significant transformations driven by the emergence of electric vehicles (EVs) and initiatives aimed at lightweighting vehicles for improved efficiency, there is a projected surge in demand for advanced materials like high-strength steel plates, aluminum plates, and composite plates. These materials offer distinct advantages in terms of strength-to-weight ratio, corrosion resistance, and design flexibility, all of which are crucial for meeting the evolving demands of modern vehicle design. High-strength steel plates are essential for enhancing structural integrity and safety features in vehicles, particularly in areas such as crashworthiness and occupant protection.

The report: “Pates Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Pates Market
By Product Type: Duck, Chicken, Fish, and Others.

By Distribution Channel: Supermarket/Hypermarket, Convenience Store, Specialty Store, Online Retailers and Others.

By Geography: North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (Middle East, and Africa)

Key Takeaways

•Europe dominated the Pates Market in 2023 owing to rising number of food chains and restaurants in this region. The Pates Market scope for different regions will be provided in the final report.
•Increasing adoption of western cuisines is set to aid the market growth of the Pates Market report.
•Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Pates Market report.
•High price of pates is poised to create the hurdles for the Pates Market. 

Pates Market Segment Analysis – By Product Type
Based on product type, the Pates market is segmented into Duck, Chicken, Fish, and Others. Chicken segment held the largest share in the pates market in 2023. Chicken pates made of chicken liver with high nutrient contents. Chicken livers are high in vitamin C, which is uncommon in meats, and contain all of the amino acids required for protein synthesis. Also, it contains large amount of protein thereby increasing Pates market. However, Duck is estimated to register higher CAGR of 3.34% during the forecast period 2024-2030 owing to growing number of duck pates producers across the globe and availability of duck pates with many flavors.

Pates Market Segment Analysis – By Distribution Channel
On the basis of distribution channel market for Pates is categorized in Supermarket/Hypermarket, Convenience Store, Specialty Store, Online Retailers and Others. Supermarket/Hypermarket held the largest share in the pates market in 2023. Supermarkets/Hypermarkets provide better brand visibility, an easier shopping experience, and a wider selection of products and brands. Also Supermarkets/Hypermarkets are focused on to provide quality of food products to its consumers thereby increasing pates market. However, Online retailers is estimated to register higher CAGR of 3.25% during the forecast period 2024-2030 owing to it provides more discounts and wider options to purchase.

Pates Market Segment Analysis – By Geography
Europe dominated the Pates market with a major share of 42% in 2023 This is attributed to growing consumption and popularity of pates among consumers in this region. Pate is a traditional French dish that originated in Europe, resulting in its widespread popularity in this region. Furthermore, changing lifestyle of the people and rising disposable income of consumers which are contributing to the growth of the market in this region.
However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2024-2030 owing to rising adoption of western cuisines in this region contribute the growth in this region. Growing food and beverage industry in this region coupled with increasing consumption of processed food products in this region is also increasing the growth of the market in this region.
Pates Market Drivers

Increasing Product innovations By Key Players
Increasing product innovation by key players of pates such as introduction of new flavors is increasing the growth of the Pates Market. Introduction of new flavors such as vegetable, mushrooms, cheese and herbs that attracts vegetarian consumers and innovation in preservatives by key players to improve meat quality and extend shelf life. Additionally, growing advancement in technology that focused on extending the shelf life of processed food is also practiced to increase the growth of the Pates market during the forecast period 2024-2030.

Rising Awareness about Nutritional Benefit among Consumers
Increasing awareness about nutritional benefit of pates among consumers is increasing the growth of the Pates market. Pates contain high nutrient such as Vitamin B12, Vitamin C, Vitamin A, Copper, and others. Also it is rich in essential fatty acid and protein which provides health benefits to consumers thereby increasing the growth of the Pates Market during the forecast period 2024-2030.

Pates Market Challenges

Side effects
Major factor that is set to impede the growth of the Pates market is side effects of Pates as it is high in cholesterol that will increases blood cholesterol level which leads to cardiovascular diseases. Another factor which hamper the growth of market is high price of pates.

Pates Market Landscape

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Pates Market. In 2023, the Pates Market share is consolidated by the top ten players present in the market. The key companies in the Pates Market are Argeta, Patchwork Traditional Foods, Waitrose & Partners, Eatsman Foods, Danhull Prepared Foods, Kinsale Bay Foods, Lab Farm Foods, Alexian Pates, Henaff, and Rougie

1. Pates Market - Overview
    1.1 Definitions and Scope
2. Pates Market - Executive Summary
    2.1 Market Revenue and Key Trends
    2.2 Key trends by Product Type
    2.3 Key trends by Distribution Channel
    2.4 Key trends by Geography
3. Pates Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis- Average Selling Price
4. Pates Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Pates Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Pates Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Pates Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Pates Market – By Product Type(Market Size –$Million/$Billion)
    8.1 Duck
    8.2 Chicken
    8.3 Fish
    8.4 Others
9. Pates Market - By Distribution Channel(Market Size –$Million/$Billion)
    9.1 Supermarket/Hypermarket
    9.2 Convenience Store
    9.3 Specialty Store
    9.4 Online Retailers
    9.5 Others
10. Pates Market - By Geography(Market Size –$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Mexico
        10.1.3 Canada
    10.2 Europe
        10.2.1 U.K.
        10.2.2 France
        10.2.3 Germany
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia Pacific
        10.3.1 China
        10.3.2 India
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 Australia & New Zealand
        10.3.6 Rest of APAC
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Others
    10.5 Rest of the World
        10.5.1 Middle East
        10.5.2 Africa
11. Pates Market - Entropy
12. Pates Market – Industry/Segment Competition Landscape Premium
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Countries – Key Companies
        12.1.4 Competition Matrix
        12.1.5 Best Practices for Companies
13. Pates Market – Key Company List by Country Premium Premium
14. Pates Market Company Analysis Analysis(Company Revenue, Product, M&A, Developments)
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10
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