Processed Meat - Benelux

Benelux

Revenue in the Processed Meat market amounts to US$7.18bn in 2024. The market is expected to grow annually by 3.82% (CAGR 2024-2029).
In global comparison, most revenue is generated in the United States (US$42bn in 2024).
In relation to total population figures, per person revenues of US$239.00 are generated in 2024.
In the Processed Meat market, volume is expected to amount to 682.70m kg by 2029. The Processed Meat market is expected to show a volume growth of 1.6% in 2025.
The average volume per person in the Processed Meat market is expected to amount to 20.9kg in 2024.

Key regions: India, China, United Kingdom, Spain, South Korea

Market

Region

Region comparison

Currency

Analyst Opinion

The Processed Meat market in Benelux is experiencing slow growth due to various factors such as increasing health consciousness among consumers, concerns about the nutritional value of processed meat, and the availability of alternative protein sources. The sub-markets of Ham & Bacon, Sausages, and Cold & Roast Meat Products are also impacted by these factors, leading to a negligible overall growth rate. The convenience and affordability of processed meat products may still attract some consumers, but overall, there is a shift towards healthier and more sustainable food choices.

Customer preferences: Consumers in Benelux are increasingly demanding transparency and ethical sourcing in the Processed Meat Market of the Meat Market within The Food market. This trend is driven by the growing awareness of animal welfare and environmental concerns, as well as the desire for healthier and more sustainable food options. As a result, there is a rising demand for plant-based and organic processed meat products, as well as for alternative protein sources such as insects. This shift in consumer preferences is also reflected in the emergence of meat substitutes and the demand for clear labeling and traceability in the supply chain.

Trends in the market: In the Benelux region, the Processed Meat market is experiencing a trend towards healthier and more sustainable products. This is driven by consumer demand for ethically sourced and environmentally friendly options. In addition, there is a shift towards plant-based alternatives as consumers become more health-conscious and concerned about animal welfare. This trend is expected to continue as consumers become more informed and demand transparency from food producers. This presents opportunities for industry stakeholders to innovate and cater to this growing market segment.

Local special circumstances: In Benelux, the Processed Meat Market of the Meat Market within The Food market is heavily influenced by the cultural preference for high-quality, artisanal products. This has led to the popularity of locally-sourced, organic meats and a focus on traditional production methods. In addition, strict regulations on food safety and labeling have created a high level of consumer trust in the market. These factors have contributed to the premiumization of the market and the emergence of niche products, such as gourmet charcuterie and alternative protein options.

Underlying macroeconomic factors: The Processed Meat Market of the Meat Market within The Food market in the Benelux region is influenced by various macroeconomic factors. Global economic trends, such as changing consumer preferences and increasing demand for convenience foods, have a significant impact on the market. The national economic health in the region, characterized by stable economic growth, favorable business environment, and high disposable incomes, further drives the demand for processed meat products. Fiscal policies, such as taxes and subsidies on meat products, also play a role in shaping market performance. Moreover, the growing focus on sustainable and ethical food production practices is influencing consumer purchasing decisions and creating opportunities for market growth. These factors, combined with the region's high level of urbanization and busy lifestyle, are expected to drive the demand for processed meat products in the Benelux region.

Methodology

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.