Meat - Algeria | Statista Market Forecast

Revenue in the Meat market amounts to US$2.52bn in 2024. The market is expected to grow annually by 9.40% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$273bn in 2024).
In relation to total population figures, per person revenues of US$54.55 are generated in 2024.
In the Meat market, volume is expected to amount to 368.70m kg by 2029. The Meat market is expected to show a volume growth of 1.0% in 2025.0.
The average volume per person in the Meat market is expected to amount to 7.6kg in 2024.

Definition:

The Meat market covers animal (both domestic and wild) and non-animal meat that are bought and consumed for nutrient-based purposes.

Structure:

The market consists of 3 different submarkets:

The Fresh Meat market covers meat from both domestic and wild animals that are fresh, chilled, or frozen. This market is divided into five submarkets: beef & veal, pork, mutton & goat, poultry, and other fresh meat.
The Processed Meat market covers all types of meat that has been dried, salted, brined, or smoked. This segment is divided into three subsegments: cold & roast meat products, ham & bacon, sausages.
The Meat Substitutes market covers meat-replacement food items created from vegetarian or vegan components.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

For more information on the displayed data, click the info button on the right side of each box.

Fresh Meat
Processed Meat
Meat Substitutes

Meat-based ready-to-eat meals
Out-of-home consumption

The Meat Market in Algeria is experiencing subdued growth, influenced by factors such as increasing consumer health awareness and convenience offered by online meat services. This is compounded by the sub-markets of Fresh Meat, Processed Meat, and Meat Substitutes, which are impacted by fluctuating demand and supply chain challenges. However, with the growing trend towards healthy and sustainable eating, the Meat Market is expected to see a gradual rise in demand.

Customer preferences: As Algerian consumers become more health-conscious, there has been a noticeable increase in demand for ethically-sourced and organic meat products. This trend is driven by a growing awareness of the environmental impact of conventional meat production methods and a desire for healthier food options. Additionally, there has been a shift towards smaller, locally-sourced meat markets, reflecting a preference for supporting local businesses and promoting sustainable agriculture. These changing consumer preferences demonstrate a cultural shift towards more mindful and sustainable consumption habits.

Trends in the market: In Algeria, there is a growing demand for organic and ethically-sourced meat products, driven by increasing health and environmental concerns. As a result, there is a trend towards more sustainable and transparent practices in the meat market. This includes the adoption of organic farming methods, traceability systems, and certifications for animal welfare. The trajectory of these trends is expected to continue, as consumers become more conscious of their food choices and demand for ethically-sourced meat increases. This has significant implications for industry stakeholders, who will need to adapt their production and marketing strategies to meet the evolving demands of consumers. Additionally, government regulations and support for sustainable practices may also play a role in shaping the future of the meat market in Algeria.

Local special circumstances: In Algeria, the Meat Market within The Food market is heavily influenced by the country's Islamic culture, which has strict dietary restrictions on the consumption of pork. This has led to a higher demand for halal meat products and a limited market for non-halal options. Additionally, the Algerian government has implemented regulations on meat imports, making it difficult for foreign companies to enter the market. These factors have created a unique market dynamic, with a strong preference for local meat suppliers and limited competition from international brands.

Underlying macroeconomic factors: The Meat Market within The Food market in Algeria is heavily influenced by macroeconomic factors such as economic growth, government policies, and consumer spending habits. The country's economic growth has been relatively stable, with a GDP growth rate of 4.2% in 2020. This, combined with the government's focus on developing the agriculture sector, has created a favorable environment for the Meat Market to thrive. Additionally, the rising disposable income and changing dietary preferences of the Algerian population have increased the demand for high-quality and diverse meat products. However, challenges such as inflation and trade barriers may hinder the market's growth in the future.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

In the past, many cultures considered meat a luxury that could only be enjoyed on special occasions or certain days of the week, while today it is a staple that can be found in nearly all restaurants and many kitchens all over the world. The market value of the meat industry is expected to rise from 897.5 billion U.S. dollars in 2021 to over 1.3 trillion dollars by 2027. In 2022, the United States saw the highest revenue from meat products and sausages, over five billion U.S. dollars more than the second largest meat market in the world, Germany with a revenue of over 33.6 billion U.S. dollars. France, Russia, and Mexico are finishing the top five countries with the biggest revenue from processed meats.