Marel Growth Strategy and Wenger Acquisition slide image

Marel Growth Strategy and Wenger Acquisition

Large and growing end markets Total size of core end markets EUR +150 billion, with expected growth of 5-7% p.a. until 2026 Pet Food (4-5% growth p.a. in value) Aqua Feed End market size (EUR bn) 4-5% 128 106 111 117 121 2022 2023 2024 2025 2026 (5-6% growth p.a. in value) End market size (EUR bn) 5-6% 55 49 51 55 46 58 58 marel Plant Based Proteins (15-20% growth p.a. in value) End market size (EUR bn) 7 80 15-20% 13 11 9 2022 2023 2024 2025 2026 2022 2023 2024 2025 2026 Mature and stable market, with growth driven by increasing pet adoption and premiumization Growth further augmented by humanization of pets and increased treat frequency Quality and brand loyal market • • Mature and stable market, with growth driven by strong underlying growth in aquaculture Main trends are growing global fish consumption, sustainability concerns, and increasing preference for a healthy diet Volume driven and relatively commoditized market Rapidly developing market with exciting growth prospects driven by flexitarian diet and changing consumer behavior Improved quality, access, and price in foodservice and retail further drives growth Emerging growth market with high focus on food quality and branding 14
View entire presentation