Fresh Meat - Niger

Niger

Highlights

Revenue in the Fresh Meat market amounts to US$967.90m in 2024. The market is expected to grow annually by 8.72% (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$34.28 are generated in 2024.
In the Fresh Meat market, volume is expected to amount to 85.25m kg by 2029. The Fresh Meat market is expected to show a volume growth of 7.6% in 2025.0.
The average volume per person in the Fresh Meat market is expected to amount to 2.2kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Fresh Meat market in Niger has seen moderate growth due to factors such as increasing demand for protein-rich foods, growing population, and rising disposable income. However, challenges such as limited access to technology and infrastructure, as well as competition from traditional meat sources, have impacted the market's growth rate. Despite this, the overall market is expected to continue its upward trend in the coming years.

Customer preferences: With the rise of health consciousness, consumers in Niger are increasingly turning towards fresh, locally-sourced meat options. This trend is driven by a desire for sustainable and ethical food choices, as well as a preference for traditional and culturally-relevant ingredients. As a result, there has been a growing demand for grass-fed and organic meats, as well as a surge in popularity for traditional meat preparations and recipes. Additionally, with the rise of e-commerce and online grocery shopping, there has been a shift towards convenient and contactless meat purchases, further driving the growth of the fresh meat market in Niger.

Trends in the market: In Niger, the Fresh Meat Market of the Meat Market within The Food market is experiencing a shift towards more sustainable and ethically sourced meat options. This trend is driven by consumer demand for healthier and more environmentally friendly products. As a result, there has been an increase in the availability of organic and grass-fed meat, as well as a rise in alternative protein sources such as plant-based meats. This trajectory is significant as it reflects a changing consumer mindset and has potential implications for industry stakeholders, who may need to adapt their practices to meet these evolving demands. Additionally, this trend may also lead to increased competition in the market as more players enter the space to cater to this growing demand.

Local special circumstances: In Niger, the Fresh Meat Market of the Meat Market within The Food market is heavily influenced by cultural factors. The country's population largely relies on traditional meat consumption, leading to a high demand for locally sourced, halal meat. Due to limited refrigeration and storage infrastructure, meat is often sold at open-air markets, creating a unique distribution system. Additionally, government regulations on livestock production and import/export policies play a significant role in shaping the market. These factors contribute to the distinct dynamics of the Fresh Meat Market in Niger.

Underlying macroeconomic factors: The Fresh Meat Market of the Meat Market within The Food market in Niger is influenced by macroeconomic factors such as the country's agricultural policies, import/export regulations, and overall economic stability. Global trends in the meat industry, such as changing consumer preferences and increasing demand for organic and ethically-sourced products, also impact the market in Niger. Moreover, the national economic health of Niger and its fiscal policies, such as subsidies and taxes, can directly affect the production, distribution, and pricing of fresh meat. Furthermore, fluctuations in currency exchange rates and inflation rates can impact the purchasing power of consumers and their willingness to spend on fresh meat products. Overall, a stable and supportive macroeconomic environment can lead to a thriving market for fresh meat in Niger, while economic challenges can hinder its 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.