Fresh Meat - Angola

Angola

Highlights

Revenue in the Fresh Meat market amounts to US$2.98bn in 2024. The market is expected to grow annually by 8.71% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$261bn in 2024).
In relation to total population figures, per person revenues of US$78.94 are generated in 2024.
In the Fresh Meat market, volume is expected to amount to 885.60m kg by 2029. The Fresh Meat market is expected to show a volume growth of 1.5% in 2025.0.
The average volume per person in the Fresh Meat market is expected to amount to 21.9kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Fresh Meat market in Angola is experiencing slow growth due to factors such as low consumer awareness, limited access to digital technologies, and a preference for traditional meat purchasing methods. Despite this, the market is slowly expanding as consumers become more health-conscious and demand for online meat services increases.

Customer preferences: As consumers in Angola become more health-conscious, they are increasingly opting for fresh, locally-sourced meat. This trend is driven by a desire for natural and sustainable food options. Additionally, there is a growing preference for lean and organic meat, as well as a focus on ethical and humane animal farming practices. This shift towards conscious consumption is also reflected in the rise of specialty meat shops and farmers' markets, where consumers can directly interact with producers and support small-scale, community-based agriculture.

Trends in the market: In Angola, the Fresh Meat Market within the Meat Market is experiencing a shift towards more sustainable and ethical practices. This trend is driven by consumer demand for transparency and animal welfare concerns. As a result, there is a rise in locally sourced and organic meat products. In addition, technology is being integrated into the market, with online platforms allowing for direct farm-to-consumer sales. This trajectory towards ethical and sustainable practices not only benefits consumers, but also supports local farmers and promotes a more environmentally friendly food system. Industry stakeholders should continue to prioritize these trends to meet consumer demands and stay competitive in the market.

Local special circumstances: In Angola, the Fresh Meat Market is heavily influenced by the country's geographical location and cultural preferences. Being a coastal nation, seafood is a popular choice among consumers, leading to a higher demand for fresh fish and shellfish. Additionally, traditional meat dishes, such as grilled goat and chicken, are also widely consumed. This cultural preference for fresh and locally sourced meat has influenced market dynamics, with a strong emphasis on traditional butchery methods and the importance of maintaining quality and freshness in the meat market. Additionally, regulatory measures such as strict food safety standards have also played a role in shaping the market, ensuring that only high-quality, safe, and fresh meat is available to consumers.

Underlying macroeconomic factors: The Fresh Meat Market of the Meat Market within The Food market in Angola is greatly influenced by macroeconomic factors such as economic stability, government policies, and consumer spending habits. The country's economic growth and stability have a direct impact on the demand for fresh meat products. In addition, government policies, such as trade regulations and taxation, can either hinder or facilitate the growth of the market. Consumer spending habits, particularly in relation to disposable income and food preferences, also play a significant role in shaping the market. Moreover, global economic trends, such as changes in consumer behavior and trade agreements, can have a ripple effect on the fresh meat market in Angola.

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.