Meat - Haiti | Statista Market Forecast

Revenue in the Meat market amounts to US$714.40m in 2024. The market is expected to grow annually by 11.06% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$273bn in 2024).
In relation to total population figures, per person revenues of US$60.20 are generated in 2024.
In the Meat market, volume is expected to amount to 48.21m kg by 2029. The Meat market is expected to show a volume growth of 2.2% in 2025.0.
The average volume per person in the Meat market is expected to amount to 3.7kg in 2024.

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:

The Fresh Meat market covers meat from both domestic and wild animals that are fresh, chilled, or frozen. This market is divided into five submarkets: beef & veal, pork, mutton & goat, poultry, and other fresh meat.
The Processed Meat market covers all types of meat that has been dried, salted, brined, or smoked. This segment is divided into three subsegments: cold & roast meat products, ham & bacon, sausages.
The Meat Substitutes market covers meat-replacement food items created from vegetarian or vegan components.

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.

For more information on the displayed data, click the info button on the right side of each box.

Fresh Meat
Processed Meat
Meat Substitutes

Meat-based ready-to-eat meals
Out-of-home consumption

The Meat Market in Haiti is experiencing moderate growth due to factors such as the increasing demand for fresh, locally sourced meat, growing health consciousness among consumers, and the convenience of online meat purchasing options. However, the market's growth rate is subdued due to challenges such as limited infrastructure and resources for meat processing and distribution, as well as competition from meat substitutes.

Customer preferences: In Haiti, the Meat Market within The Food market is experiencing a shift towards more sustainable and ethical sourcing of meat products. Consumers are becoming more conscious of the environmental impact of their food choices and are seeking out locally sourced and organic options. This trend is also driven by cultural traditions and beliefs, as many Haitian consumers prefer to purchase meat from local markets and vendors. Additionally, there is a growing demand for plant-based alternatives in the meat market, reflecting a shift towards healthier and more environmentally friendly diets.

Trends in the market: In Haiti, the Meat Market within The Food market is experiencing a rise in demand for locally sourced and sustainable meat products. This trend is driven by an increasing focus on supporting local farmers and reducing the environmental impact of meat production. Additionally, there is a growing interest in alternative protein sources such as plant-based meats. These trends are significant as they reflect a shift towards more ethical and sustainable food choices. Industry stakeholders should consider adapting to these trends by diversifying their product offerings and investing in sustainable production methods to stay competitive in the market.

Local special circumstances: In Haiti, the Meat Market within The Food market is heavily influenced by the country's unique geographical and cultural factors. Due to its location in the Caribbean, Haiti has a rich history and cultural heritage centered around agriculture, including the production and consumption of meat. Additionally, the country's regulatory environment, which is still in development, has a significant impact on the Meat Market. This has resulted in a market that is heavily reliant on traditional methods of production and distribution, with limited adoption of modern technologies. Despite these challenges, there is a growing demand for locally sourced and affordable meat products, creating opportunities for small-scale and sustainable producers. Furthermore, the recent influx of aid and development programs in the country has also led to an increase in demand for processed meat products, creating a potential for growth in this market segment.

Underlying macroeconomic factors: The Meat Market within The Food market in Haiti is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. As a developing country, Haiti's economic health and policies greatly impact the market's performance. The country's reliance on agriculture and its vulnerability to natural disasters make it susceptible to fluctuations in global food prices. Additionally, high levels of poverty and food insecurity in Haiti also contribute to the demand for affordable meat products. The government's fiscal policies and investments in infrastructure and agriculture also play a crucial role in shaping the market. The Meat Market in Haiti is heavily influenced by these macroeconomic factors, which should be carefully considered when analyzing market performance and potential growth opportunities.

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.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

In the past, many cultures considered meat a luxury that could only be enjoyed on special occasions or certain days of the week, while today it is a staple that can be found in nearly all restaurants and many kitchens all over the world. The market value of the meat industry is expected to rise from 897.5 billion U.S. dollars in 2021 to over 1.3 trillion dollars by 2027. In 2022, the United States saw the highest revenue from meat products and sausages, over five billion U.S. dollars more than the second largest meat market in the world, Germany with a revenue of over 33.6 billion U.S. dollars. France, Russia, and Mexico are finishing the top five countries with the biggest revenue from processed meats.