Meat - Chad | Statista Market Forecast

Revenue in the Meat market amounts to US$1.41bn in 2024. The market is expected to grow annually by 8.42% (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$74.58 are generated in 2024.
In the Meat market, volume is expected to amount to 229.20m kg by 2029. The Meat market is expected to show a volume growth of 5.4% in 2025.0.
The average volume per person in the Meat market is expected to amount to 9.7kg 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 Chad is experiencing slow growth due to factors such as limited access to digital technologies, low health awareness among consumers, and a preference for traditional meat products. This has resulted in minimal growth, despite efforts to promote online meat services.

Customer preferences: As the population in Chad becomes more urbanized and globalized, there has been a noticeable change in consumer preferences within the Meat Market of The Food market. With a growing middle class and an increasing awareness of health and wellness, there has been a shift towards healthier and more sustainable meat options. This has led to a rise in demand for organic and grass-fed meat, as well as plant-based alternatives. Additionally, with the rise of social media and influencer marketing, there has been a growing interest in exotic and gourmet meats, catering to the evolving tastes and lifestyles of consumers.

Trends in the market: In Chad, the Meat Market within The Food market is experiencing a shift towards more sustainable and ethical practices. Consumers are becoming more conscious of the environmental impact and animal welfare concerns surrounding meat production. This trend is expected to continue, with consumers demanding transparency and responsible sourcing from meat producers. This has led to the emergence of alternative protein sources, such as plant-based meat substitutes, which are gaining popularity in the market. These trends have significant implications for industry stakeholders, as they will need to adapt their production methods and offerings to meet the changing consumer demands. This also presents opportunities for companies to differentiate themselves in the market by promoting their sustainable and ethical practices. The trajectory of these trends indicates a growing demand for environmentally and socially responsible meat products, which could potentially lead to a shift in the overall dynamics of the Meat Market within The Food market.

Local special circumstances: In Chad, the Meat Market within The Food market is heavily influenced by the country's geographical and cultural factors. Due to the hot and dry climate, traditional methods of meat preservation, such as drying and smoking, are commonly used. Additionally, meat is a staple in the Chadian diet and is often consumed in large quantities during celebrations and social gatherings. However, the market is also impacted by regulatory circumstances, such as limited access to refrigeration and strict regulations on importing meat products. This creates a unique market dynamic, with a high demand for locally-sourced and preserved meat products.

Underlying macroeconomic factors: The Meat Market within The Food market in Chad is heavily influenced by macroeconomic factors such as national economic health, global economic trends, fiscal policies, and other financial indicators. The country's economy heavily relies on agriculture, with meat being a significant component of the sector. As a result, any changes in global food prices, national economic policies, or fiscal conditions can greatly impact the meat market in Chad. Furthermore, the country's ongoing efforts to diversify its economy and improve its infrastructure are expected to positively impact the meat market by increasing domestic consumption and expanding export opportunities. However, challenges such as political instability, limited access to credit, and inadequate supply chain infrastructure continue to hinder market growth.

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.