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.
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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: Mar 2024
Sources: Statista Market Insights, Statista Consumer Insights Global
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Meat Market in Czechia is experiencing minimal growth, influenced by factors such as consumer preferences for fresh and processed meat, as well as a growing demand for meat substitutes. The convenience of purchasing meat products online and increasing health consciousness among consumers are also driving factors for the market's growth. However, strict regulations and rising prices of meat may be hindering the market's expansion.
Customer preferences: In Czechia, there has been a notable shift in consumer preferences towards plant-based and ethically sourced meat products, driven by a growing awareness of the environmental impact of meat consumption. This is reflected in the increasing popularity of vegetarian and vegan options in restaurants and grocery stores. Additionally, there has been a rise in demand for locally produced and organic meat, as consumers prioritize supporting sustainable and ethical farming practices. These trends are also influenced by a younger generation that is more health-conscious and socially responsible.
Trends in the market: In Czechia, the Meat Market within The Food market is experiencing a shift towards plant-based alternatives, driven by increasing health and environmental concerns. This trend is expected to continue, with a growing number of consumers opting for vegetarian and vegan options. Additionally, there is a rise in demand for locally sourced and organic meat products, indicating a shift towards more sustainable and ethical consumption. These trends have significant implications for industry stakeholders, who may need to adapt their offerings to cater to changing consumer preferences and values. This could also present opportunities for new players to enter the market and disrupt traditional meat production and distribution channels. Overall, the trajectory of these trends suggests a growing demand for alternative and sustainable protein sources in the Czech food market.
Local special circumstances: In Czechia, the Meat Market within The Food market is driven by the country's strong tradition of meat consumption, with a wide variety of locally produced meats available. Additionally, the country's strict regulations on food safety and labeling ensure high-quality products, boosting consumer confidence. Moreover, the country's central location in Europe allows for easy access to both local and international markets, creating a competitive landscape for meat producers and suppliers. Furthermore, Czech cuisine heavily features meat dishes, making it a key factor in driving demand for meat products in the local market.
Underlying macroeconomic factors: The Meat Market within The Food market in Czechia is influenced by various macroeconomic factors, such as the country's economic growth, consumer spending patterns, and government policies. The global trend of increasing meat consumption, particularly in emerging markets, has also had a significant impact on the market. Moreover, the country's stable economic growth and rising disposable income levels have led to a growing demand for high-quality and value-added meat products. On the other hand, government initiatives to promote sustainable and ethical meat production, as well as increasing health consciousness among consumers, are shaping the market's direction. Additionally, the growing tourism industry in Czechia has also contributed to the demand for traditional and authentic meat products, further driving 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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights