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:
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.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Meat Market in Benelux is experiencing stagnant growth, influenced by factors such as consumer preference for healthier food options, increased demand for plant-based alternatives, and stricter regulations on meat production. This has resulted in a negligible growth rate for the overall market, with Fresh Meat, Processed Meat, and Meat Substitutes sub-markets being impacted differently.
Customer preferences: Consumers in the Benelux region are increasingly becoming more health-conscious and are actively seeking healthier food options. This has led to a rise in demand for organic and plant-based meat alternatives, as well as for sustainably-sourced meat products. Additionally, there is a growing trend towards transparency and ethical sourcing in the meat industry, with consumers showing a preference for meat that is produced in a humane and environmentally-friendly manner. This shift in consumer preferences is also being driven by the increasing awareness and concern for animal welfare and sustainability.
Trends in the market: In the Benelux region, the Meat Market within The Food market is experiencing a shift towards sustainable and ethically sourced meat products. This trend is driven by consumer demand for transparency and animal welfare, as well as a growing awareness of the environmental impact of meat production. As a result, companies are investing in sustainable practices and offering more plant-based alternatives. This trend is significant as it not only appeals to conscious consumers, but also reflects a shift towards a more environmentally and socially responsible industry. Industry stakeholders should take note of this trend and adapt their strategies to meet the changing demands of consumers.
Local special circumstances: In Benelux, the Meat Market within The Food market is heavily influenced by the countries' strong agricultural traditions and high standards for food safety. This has led to a surge in demand for locally-sourced, organic meat products. Additionally, the region's diverse cultural influences have created a unique blend of traditional and international meat dishes, catering to a wide range of tastes and preferences. Strict regulations on animal welfare and sustainability also play a significant role in shaping the market, with consumers increasingly seeking out ethical and environmentally-friendly meat products.
Underlying macroeconomic factors: The Meat Market within The Food market in the Benelux region is impacted by macroeconomic factors such as consumer spending habits, trade policies, and government regulations. With a growing demand for organic and sustainable meat products, countries with favorable trade policies and strong consumer spending power are experiencing higher market growth compared to regions with stricter regulations and lower consumer spending. Additionally, rising health consciousness and changing dietary preferences are also driving the demand for healthier and ethically sourced meat options, leading to market expansion in the region.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights