Meat - Ireland | Statista Market Forecast

Revenue in the Meat market amounts to US$2.48bn in 2024. The market is expected to grow annually by 4.50% (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$487.10 are generated in 2024.
In the Meat market, volume is expected to amount to 272.20m kg by 2029. The Meat market is expected to show a volume growth of 3.1% in 2025.0.
The average volume per person in the Meat market is expected to amount to 47.0kg 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 The Food market in Ireland has seen moderate growth in recent years. Factors such as increasing health consciousness and convenience of online services have contributed to this growth. However, the sub-markets of Fresh Meat, Processed Meat, and Meat Substitutes have seen varying rates of growth due to factors such as consumer preferences and availability of alternative protein sources.

Customer preferences: The Meat Market within The Food market market has seen a rise in demand for sustainable and ethically-sourced meat products, as consumers become more conscious of their impact on the environment and animal welfare. There has also been a growing interest in alternative meat options, such as plant-based and lab-grown meats, driven by health and environmental concerns. Additionally, with the rise of e-commerce and meal delivery services, consumers are increasingly turning to online platforms to purchase meat products, seeking convenience and a wider selection of options.

Trends in the market: In Ireland, the Meat Market within The Food market is experiencing an increase in demand for sustainably sourced and ethically produced meat products. This trend is driven by growing consumer awareness of the environmental and ethical implications of their food choices. As a result, there has been a rise in the number of organic and free-range meat products available in the market. This trend is expected to continue as consumers become more conscious of their food's origins and the impact of their consumption habits. Industry stakeholders should adapt to these changing consumer preferences by investing in sustainable and ethical practices to maintain their market share and stay competitive in the market. Additionally, there is potential for growth in the market for alternative protein sources, such as plant-based meats, as more consumers look for healthier and more environmentally friendly options.

Local special circumstances: In Ireland, the Meat Market within The Food market is heavily influenced by the country's strong agricultural sector and traditional farming practices. This has led to a strong emphasis on locally sourced and organic meat products, resulting in a smaller but higher quality market. Additionally, strict regulations on animal welfare and food safety have shaped consumer preferences and purchasing habits. This unique combination of factors has created a market driven by quality and sustainability, rather than quantity and price.

Underlying macroeconomic factors: The Meat Market within The Food market in Ireland is highly influenced by macroeconomic factors such as consumer spending, domestic and international trade policies, and government subsidies. As a small, open economy, Ireland's meat market is greatly affected by global economic trends and trade agreements. Additionally, the country's strong economic growth and stable fiscal policies have resulted in increased consumer spending, leading to higher demand for meat products. However, potential challenges such as Brexit and trade tensions between major trading nations can impact the market's performance. Moreover, the government's initiatives to promote sustainable and ethical meat production have also influenced market dynamics and consumer preferences. Overall, the macroeconomic environment in Ireland plays a crucial role in shaping the growth and development of the Meat Market within The Food market.

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.