Definition:
The Processed Meat market covers all types of meats that have either been smoked, salted, cured, or given chemical preservatives. The market is splitted into three submarkets: ham & bacon, sausages, and cold & roast meat products.
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.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Processed Meat Market in Eastern Europe is experiencing a subdued growth rate due to various factors, including changing consumer preferences and rising health consciousness. Despite the convenience offered by online meat products, concerns about preservatives and additives are impacting the overall market. However, the sub-markets of Ham & Bacon, Sausages, and Cold & Roast Meat Products are expected to drive growth in the region, driven by increasing demand for convenient and ready-to-eat options.
Customer preferences: With the rising popularity of plant-based diets and a growing concern for animal welfare, consumers in Eastern Europe are shifting towards a more conscious and ethical approach to food consumption. This is reflected in the processed meat market, with a growing demand for vegetarian and vegan processed meat alternatives. Additionally, the younger demographic is driving the demand for organic and sustainably sourced processed meat products, as they prioritize health and environmental sustainability. This trend is expected to continue as the region becomes more health-conscious and environmentally aware.
Trends in the market: In Eastern Europe, the Processed Meat market is experiencing a shift towards healthier options, driven by increased awareness of the negative health effects of processed meat consumption. This trend is expected to continue in the coming years, as consumers become more health-conscious and demand for healthy, natural and organic products increases. This presents opportunities for industry stakeholders to tap into this growing market by offering healthier alternatives and investing in innovative production methods. Additionally, the rise of e-commerce and online grocery shopping is expected to further drive the growth of the Processed Meat market in Eastern Europe, as consumers increasingly turn to online platforms for their food needs.
Local special circumstances: In Eastern Europe, the Processed Meat market is heavily influenced by cultural preferences and traditional recipes. Countries like Poland and Hungary have a long history of meat-based dishes, leading to a high demand for processed meats. Additionally, the region's colder climate and lack of fertile land for livestock rearing make processed meats a more cost-effective option. Furthermore, stringent food safety regulations in some Eastern European countries have led to a rise in demand for processed meat products with clean labels and natural ingredients.
Underlying macroeconomic factors: The growth of the Processed Meat Market within The Food market is also influenced by macroeconomic factors such as population growth, disposable income levels, and consumer preferences. Countries with growing populations and rising disposable incomes have shown a higher demand for processed meat products. Additionally, government policies promoting food safety and quality standards have a significant impact on the market. The increasing awareness of healthy eating habits and the rising trend of plant-based diets also play a crucial role in shaping the processed meat market in Eastern Europe.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights