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Meat - Central Africa

Central Africa
  • Revenue in the Meat market amounts to US$8.97bn in 2024. The market is expected to grow annually by 7.97% (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$92.94 are generated in 2024.
  • In the Meat market, volume is expected to amount to 1.73bn kg by 2029. The Meat market is expected to show a volume growth of 2.6% in 2025.0.
  • The average volume per person in the Meat market is expected to amount to 15.9kg 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.

In-Scope

  • Fresh Meat
  • Processed Meat
  • Meat Substitutes

Out-Of-Scope

  • Meat-based ready-to-eat meals
  • Out-of-home consumption
Meat: market data & analysis - Cover

Market Insights report

Meat: market data & analysis

Study Details

    Revenue

    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

    Volume

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Price

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Meat Market in Central Africa has seen slow growth due to factors such as low disposable income, traditional consumption habits, and limited access to technology. However, with increasing health awareness and growing demand for nutritious options, the market has potential for growth in sub-markets like Fresh Meat, Processed Meat, and Meat Substitutes. This growth may be hindered by challenges such as inadequate infrastructure and high production costs.

    Customer preferences:
    There has been a growing awareness of the health and environmental impact of meat consumption, driving consumers in Central Africa to embrace plant-based alternatives. This is also influenced by cultural and religious dietary preferences, as well as an increasing focus on sustainable living. As a result, there has been a rise in demand for plant-based meat substitutes and a shift towards flexitarian and vegetarian diets. This trend is expected to continue as more consumers prioritize health and sustainability in their food choices, leading to potential challenges for traditional meat producers in the region.

    Trends in the market:
    In Central Africa, the Meat Market within The Food market is experiencing a rise in demand for organic and sustainable meat products. This trend is driven by a growing awareness of health and environmental concerns. As a result, industry stakeholders are increasingly investing in sustainable farming practices and utilizing technology to improve production efficiency. This trajectory is significant as it aligns with global consumer preferences and presents opportunities for market expansion. However, it also poses challenges for smaller players in the industry who may struggle to meet these demands. Overall, this trend has the potential to drive innovation and promote responsible consumption in the Meat Market within The Food market.

    Local special circumstances:
    In Central Africa, the Meat Market within The Food market is heavily influenced by the region's diverse cultural traditions and geographical challenges. The market is largely driven by the demand for locally-sourced meat products, with many consumers preferring to purchase from small, independent vendors rather than large supermarket chains. Additionally, strict regulations on imports and exports in the region have created a unique market dynamic, with local producers facing limited competition from international players. This has led to a thriving local meat market, with a strong focus on traditional methods of production and distribution.

    Underlying macroeconomic factors:
    The Meat Market within The Food market in Central Africa is significantly affected by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other financial indicators. The market performance is influenced by the overall economic stability of the country, as well as government policies and initiatives that support the growth of the food industry. Additionally, factors such as population growth, changing dietary preferences, and increasing urbanization also impact the demand for meat products in the region. These macroeconomic factors play a crucial role in shaping the dynamics of The Food market and drive the growth of the Meat Market within Central Africa.

    Methodology

    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.

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    Meat: market data & analysis - BackgroundMeat: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Global meat industry - statistics & facts

    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.
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