Fresh Meat - Cameroon

Cameroon

Highlights

Revenue in the Fresh Meat market amounts to US$1.60bn in 2024. The market is expected to grow annually by 7.56% (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$54.31 are generated in 2024.
In the Fresh Meat market, volume is expected to amount to 139.10m kg by 2029. The Fresh Meat market is expected to show a volume growth of 5.3% in 2025.0.
The average volume per person in the Fresh Meat market is expected to amount to 3.7kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Fresh Meat Market in Cameroon is seeing minimal growth, driven by factors such as consumer demand for healthier meat options, increasing awareness of food safety, and the convenience of online meat purchasing. Despite challenges in supply chain and infrastructure, the market is expected to continue growing due to rising population and changing dietary preferences.

Customer preferences: In Cameroon, there is a growing preference for locally-sourced, organic and sustainable meat products. This shift is driven by a cultural emphasis on traditional methods of food production and a desire for healthier, natural food options. Additionally, there is a growing interest in alternative meat sources, such as plant-based and lab-grown meat, as consumers become more conscious of the environmental impact of traditional meat production. This trend is expected to continue as the younger, more health-conscious generation becomes the dominant consumer demographic in the country.

Trends in the market: In Cameroon, the Fresh Meat Market of the Meat Market within The Food market is experiencing a shift towards more sustainable and ethical practices. Consumers are increasingly demanding locally sourced and organic meat, leading to the growth of small-scale, independent producers. This trend is expected to continue, as the government has implemented policies to support the development of the local meat industry. The implications of this trend for industry stakeholders include the need for supply chain transparency and investment in sustainable production methods. Additionally, there is a growing interest in alternative protein sources, such as plant-based meats, which could potentially disrupt the traditional meat market in the future.

Local special circumstances: In Cameroon, the Fresh Meat Market of the Meat Market within The Food market is heavily influenced by the country's diverse cultural and geographical factors. The country's rich culinary traditions and preference for fresh, locally sourced meat products drive the demand for fresh meat in the market. Additionally, the government's strict regulations on imported meat products contribute to the market's unique dynamics. Furthermore, the market is also impacted by the country's varying climate and seasons, affecting the availability and pricing of different types of meat.

Underlying macroeconomic factors: The Fresh Meat Market within the Meat Market of Cameroon is largely impacted by macroeconomic factors, such as national economic health and global economic trends. The current economic downturn in Cameroon has led to a decrease in consumer purchasing power and a shift towards more affordable food options, resulting in a decline in demand for fresh meat. Additionally, fiscal policies, such as import tariffs and trade agreements, play a significant role in shaping the market landscape. These policies can either hinder or facilitate the import of fresh meat, affecting market supply and prices. Furthermore, the rising concerns over food safety, quality, and sustainability are shaping consumer preferences and influencing market trends. As a result, market players are increasingly investing in technologies and processes to ensure the safety and traceability of fresh meat products, in line with global food safety standards.

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.