Meat - Burundi | Statista Market Forecast

Revenue in the Meat market amounts to US$281.50m in 2024. The market is expected to grow annually by 6.65% (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$20.71 are generated in 2024.
In the Meat market, volume is expected to amount to 42.84m kg by 2029. The Meat market is expected to show a volume growth of 1.5% in 2025.0.
The average volume per person in the Meat market is expected to amount to 3.0kg 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 Burundi is experiencing slow growth due to factors such as limited availability of fresh meat, low consumer awareness of processed meat options, and challenges in promoting meat substitutes. However, with increasing health consciousness and advancements in digital technologies, the market is expected to see a gradual rise in demand for healthier meat alternatives.

Customer preferences: As Burundi's economy continues to grow, there has been a notable shift in consumer preferences within the Meat Market of The Food market. With increasing disposable income, consumers are now demanding higher quality meat products, including organic and ethically sourced options. This trend is driven by a growing awareness of health and environmental issues, as well as a desire for transparency and sustainability in their food choices. Additionally, there is a rising demand for convenient and ready-to-eat meat products, as urbanization and busy lifestyles have led to a greater need for convenience and time-saving options.

Trends in the market: In Burundi, the Meat Market within The Food market is experiencing a rise in demand for organic and ethically-sourced meat products. Consumers are becoming more conscious of their food choices and are willing to pay a premium for high-quality, sustainable meat. This trend is expected to continue as awareness around the environmental and health implications of conventional meat production grows. Industry stakeholders will need to adapt to this trend by offering more sustainable and ethically-sourced options to remain competitive in the market. Additionally, investing in technology and innovative production methods to reduce environmental impact and improve animal welfare will be crucial for long-term success in the Meat Market.

Local special circumstances: In Burundi, the Meat Market within The Food market is heavily influenced by traditional customs and cultural practices. The consumption of meat is an important part of the local diet, and certain types of meat, such as beef and goat, are considered delicacies. Additionally, there are strict regulations in place for the production and sale of meat, with government agencies closely monitoring the quality and safety of meat products. These unique factors contribute to the dynamics of the market, with consumers placing a high value on locally-sourced and properly inspected meat products.

Underlying macroeconomic factors: The Meat Market within The Food market in Burundi is affected by various macroeconomic factors. The country's economic health, fiscal policies, and global economic trends all impact the performance of the market. Additionally, the availability of resources and infrastructure for meat production and distribution, as well as consumer purchasing power, play a significant role in market growth. Favorable economic conditions and government support can lead to increased investment and advancements in the meat market, while economic challenges and limited resources can hinder market growth. The market is also influenced by factors such as international trade policies, changes in consumer preferences, and environmental regulations. Furthermore, the growing demand for protein-rich foods and the increasing population in Burundi are driving the demand for meat, presenting opportunities for market growth in the country.

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.