Key regions: Russia, China, Spain, Canada, United Kingdom
The Meat Market in Greece is experiencing slow growth due to factors such as changing consumer preferences towards healthier options, increasing concerns about the environmental impact of meat production, and the rise of alternative protein sources. This has led to a negligible growth rate for the overall market, with sub-markets like Fresh Meat and Meat Substitutes showing more promising growth. However, the traditional Processed Meat market is facing challenges due to changing consumer demands and stricter regulations.
Customer preferences: With the rise in health consciousness and the growing popularity of plant-based diets, the Meat Market within The Food market in Greece has seen a shift towards alternative protein sources such as tofu, tempeh, and seitan. This trend is driven by a combination of factors including concerns over animal welfare, sustainability, and health benefits. Additionally, there has been an increase in demand for locally sourced and organic meat options, reflecting a growing preference for more ethically and environmentally conscious food choices.
Trends in the market: In Greece, the Meat Market within The Food market is seeing a shift towards healthier and more sustainable meat options. There is a growing trend of consumers opting for organic and grass-fed meats, as well as plant-based alternatives. This trajectory is driven by the increasing awareness of the environmental and health impacts of conventional meat production. As a result, industry stakeholders are adapting to meet this demand by offering a wider range of sustainable meat products. This trend has implications for the entire supply chain, from producers to retailers, who must adjust their practices to meet the changing preferences of consumers. Additionally, this shift towards sustainable meat options has the potential to positively impact the Greek economy, as it promotes local and sustainable agriculture.
Local special circumstances: In Greece, the Meat Market within The Food market is heavily influenced by the country's strong agricultural sector. The Mediterranean climate and fertile land allow for abundant production of high-quality meats. Additionally, the strong cultural tradition of consuming meat, particularly lamb, plays a significant role in the market's dynamics. Furthermore, the strict regulations and certifications for meat production and sales ensure the safety and quality of products, boosting consumer confidence. This unique combination of factors sets the Greek Meat Market apart from other markets and contributes to its steady growth and success.
Underlying macroeconomic factors: The Meat Market within The Food market in Greece is heavily influenced by macroeconomic factors such as economic stability, government policies, and consumer spending habits. With the country facing financial challenges in recent years, the meat market has seen fluctuations in demand and pricing. However, with the Greek government implementing measures to improve economic conditions and promote domestic production, the meat market is expected to rebound. Additionally, the increasing trend towards healthy and sustainable food choices has led to a rise in demand for organic, locally-sourced meat products, providing growth opportunities for the market. The impact of global economic trends, such as trade agreements and tariffs, should also be considered in analyzing the market's performance.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
