Meat - CIS | Statista Market Forecast

Revenue in the Meat market amounts to US$77.54bn in 2024. The market is expected to grow annually by 7.32% (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$319.50 are generated in 2024.
In the Meat market, volume is expected to amount to 10.55bn kg by 2029. The Meat market is expected to show a volume growth of 2.4% in 2025.0.
The average volume per person in the Meat market is expected to amount to 38.9kg 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.

Fresh Meat
Processed Meat
Meat Substitutes

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

The Meat Market in The Food market of CIS is currently experiencing subdued growth, influenced by factors such as changing consumer preferences, government regulations, and increasing competition from alternative protein sources. Despite the slow growth rate, the market is expected to continue expanding due to the growing demand for fresh, high-quality meat products and the increasing popularity of processed and plant-based meat substitutes. Additionally, the convenience and affordability of online meat shopping are also contributing to the market's growth.

Customer preferences: As consumer awareness of the environmental impact of meat production grows, there has been a rise in demand for sustainably sourced and ethically raised meat products. This has led to the emergence of specialty meat markets catering to specific dietary preferences, such as organic, grass-fed, and plant-based options. Additionally, changing demographics, with a rise in vegetarian and vegan diets, have also influenced consumer preferences and purchasing behavior in the Meat Market within The Food market market.

Trends in the market: In the CIS region, the Meat Market within The Food market is seeing a trend towards plant-based meat alternatives, driven by increasing health and environmental concerns. In addition, there is a growing demand for organic and locally-sourced meat, as consumers become more conscious of the source and quality of their food. These trends are expected to continue, with the potential for further growth in the alternative protein market. This could have significant implications for traditional meat producers and retailers, as they may need to adapt to changing consumer preferences and invest in new technologies to remain competitive.

Local special circumstances: In the CIS region, the Meat Market within The Food market is heavily influenced by the cultural preference for meat-based dishes and the presence of large-scale meat production operations. Additionally, government regulations play a major role in shaping the market, with strict import policies and subsidies for domestic meat producers. This creates a unique market dynamic, where local consumers have a strong demand for meat products, but also face limited options due to government intervention. In contrast, markets in other regions may have more diverse meat options and less government involvement, leading to different industry trends and consumer behaviors.

Underlying macroeconomic factors: The Meat Market within The Food market is greatly impacted by macroeconomic factors including global economic trends, national economic health, fiscal policies, and other financial indicators. Countries with strong economic growth and favorable fiscal policies are experiencing increased demand for meat products, as consumers have more disposable income to spend on higher quality and more diverse meat options. Additionally, the increasing urbanization and westernization of diets in CIS countries is driving the demand for meat, particularly in the form of processed and convenience meat products. However, economic downturns and fluctuations in exchange rates can negatively affect the affordability and consumption of meat products, leading to a decline in market performance. Moreover, environmental and health concerns surrounding meat production and consumption are also impacting the market, with increasing regulations and consumer preferences for sustainable and healthy meat options. These factors highlight the importance of considering macroeconomic conditions when analyzing the Meat Market within The Food market.

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.