The Global Dutch Brick Market Growth Accelerated By Increase In Residential Construction
Dutch Brick Market |
Brick is a durable and versatile material extensively used
in construction activities for its load-bearing capabilities. Advancements in
manufacturing techniques have made Dutch bricks lighter in weight and higher in
strength for easier handling and installation. The eco-friendly nature of
bricks also enhances their popularity among builders and homeowners. These
bricks are commonly used for wall construction in residential and
non-residential buildings.
The global Dutch Brick Market is estimated to be valued at
US$ 4.19 Bn in 2024 and is expected to exhibit a CAGR of 9.7% over the forecast period 2024-2031, as highlighted in
a new report published by Coherent Market Insights.
Market key trends:
Increase in Residential Construction: One of the key drivers augmenting the
growth of the Dutch brick market is the rising number of residential
construction activities worldwide. Brick walls render durability,
soundproofing, and fire resistance to buildings thereby gaining widespread
acceptance in home construction. Moreover, the demand for housing has escalated
substantially due to rapid urbanization and growing population across both
developed and emerging economies. Growing demand for residential spaces is
thereby propelling the sales of Dutch bricks during the forecast period.
Segment Analysis
The Dutch Brick market is dominated by the beef segment, which accounts for
around 60% of the total market share. Beef is the most popular choice for Dutch
Brick in the Netherlands due to rising demand for beef products in fast food.
The pork segment is the second largest with a share of 25%, followed by chicken
(10%) and lamb/mutton (5%). The beef segment is expected to continue dominating
the market during the forecast period owing to innovative product launches
catering to changing consumer preferences for healthier beef variants.
Key Takeaways
The global
Dutch Brick market analysis is expected to witness high growth during
the forecast period of 2024 to 2031. The global Dutch Brick Market is estimated
to be valued at US$ 4.19 Bn in 2024 and is expected to exhibit a CAGR of 9.7%
over the forecast period 2024-2031.
Regional analysis
The Netherlands holds the leading position with a share of over 35% of the
global Dutch Brick market in 2024. This can be attributed to the rising
consumption of beef and pork products in fast food outlets. However, Germany is
anticipated to surpass the Netherlands to become the largest Dutch Brick
consuming country by 2028 owing to increasing popularity of Dutch Brick burgers
and sandwiches among working professionals. Belgium is also expected to exhibit
substantial growth at a CAGR of 12% during 2024-2031 on account of growing fast
casual restaurants that offer Dutch Brick products.
Key players
Key players operating in the Dutch Brick market are QL Foods Sdn Bhd, Al
Islami Foods Co., DagangHalal Group, Saffron Road, Kawan Foods Berhad, Janan
Meat Ltd, Prima Agri-Products Sdn Bhd, Cargill, Inc., BRF S.A., Nestle S.A.,
and Tahira Foods Ltd. QL Foods Sdn Bhd currently leads the market and is
focusing on new product innovations to cater to the rising demand for clean labeled
meat products.
Get more insights on this topic: https://www.newswirestats.com/dutch-brick-market-industry-insights-trends-dutch-brick-market/
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