Meat - North Macedonia | Statista Market Forecast

Revenue in the Meat market amounts to US$998.10m in 2024. The market is expected to grow annually by 5.38% (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$479.20 are generated in 2024.
In the Meat market, volume is expected to amount to 109.30m kg by 2029. The Meat market is expected to show a volume growth of 3.5% in 2025.0.
The average volume per person in the Meat market is expected to amount to 45.7kg 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 North Macedonia is witnessing gradual growth due to factors such as increasing health consciousness and convenience offered by online services. However, the sub-markets of Fresh Meat, Processed Meat and Meat Substitutes face challenges such as changing dietary preferences and regulations, impacting the overall market's minimal growth rate.

Customer preferences: As consumers in North Macedonia become more health-conscious, there is a growing demand for sustainable and ethically-sourced meat products. This trend is driven by a greater awareness of the impact of meat consumption on the environment and animal welfare. Additionally, there is a rise in interest for plant-based alternatives, as more individuals adopt flexitarian and vegetarian diets. This shift towards conscious consumption is also influenced by the growing influence of Western dietary preferences and the rise of health and wellness trends.

Trends in the market: In North Macedonia, the Meat Market within The Food market is experiencing a shift towards healthier and more sustainable options. Consumers are increasingly demanding ethically sourced and organic meat products, leading to a rise in small-scale, local producers. At the same time, there is a growing trend of plant-based meat alternatives, driven by health and environmental concerns. This trajectory towards healthier and more sustainable options is significant for industry stakeholders, as it presents opportunities for diversification and innovation. However, it also poses challenges for traditional meat producers who may need to adapt their practices to meet changing consumer preferences. Additionally, the rise of plant-based alternatives could disrupt the traditional meat market and potentially impact the profitability of some industry players. As such, it will be important for stakeholders to closely monitor and respond to these trends in order to remain competitive in the evolving Meat Market within The Food market.

Local special circumstances: In North Macedonia, the Meat Market within The Food market is heavily influenced by the country's rich cultural heritage and traditional cuisine. Macedonians have a strong preference for freshly prepared meat dishes, leading to a thriving market for local butchers and meat producers. Additionally, government regulations and inspections ensure high quality standards for meat products, instilling consumer trust and driving market growth. This unique blend of cultural preferences and regulatory measures sets the North Macedonian Meat Market apart from other markets and shapes its market dynamics.

Underlying macroeconomic factors: The Meat Market within The Food market in North Macedonia is influenced by macroeconomic factors such as consumer spending power, import and export regulations, and government policies on food safety and animal welfare. The country's overall economic health and stability also play a significant role in market performance. In recent years, rising disposable incomes and a growing population have led to an increase in demand for meat products. However, fluctuations in global meat prices and trade tensions with neighboring countries can impact the market's growth. Additionally, increasing health consciousness and a shift towards plant-based diets may also affect the demand for meat products in the country.

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.