Processed Meat - Niger | Statista Market Forecast

Revenue in the Processed Meat market amounts to US$296.40m in 2024. The market is expected to grow annually by 6.37% (CAGR 2024-2029).
In global comparison, most revenue is generated United States (US$42bn in 2024).
In relation to total population figures, per person revenues of US$10.50 are generated in 2024.
In the Processed Meat market, volume is expected to amount to 85.85m kg by 2029. The Processed Meat market is expected to show a volume growth of 3.6% in 2025.0.
The average volume per person in the Processed Meat market is expected to amount to 2.5kg in 2024.

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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Cured and prepared meat products and sausages
Bacon
Salami

Fresh meat
Meat-based ready-to-eat meals
pâté
Burger patties, meatball
Out-of-home consumption

The Processed Meat Market in Niger has shown minimal growth, driven by factors such as consumer preference for traditional meat products, limited access to digital technologies, and low health awareness. The sub-markets of Ham & Bacon, Sausages, and Cold & Roast Meat Products have also been impacted by these factors, leading to a slow overall growth rate.

Customer preferences: As Niger's economy continues to grow and urbanization accelerates, there has been a noticeable shift in consumer preferences towards convenience and health-consciousness. This has led to an increased demand for processed meat products that offer convenience while also catering to dietary restrictions, such as halal and kosher certifications. Additionally, there has been a rise in demand for locally sourced and organic processed meat, as consumers place greater importance on sustainability and ethical food production. This trend is expected to continue as Niger's middle class expands and becomes more health-conscious.

Trends in the market: In Niger, the Processed Meat Market within the Meat Market of The Food market is experiencing a rise in demand for healthier and more sustainable options. This trend is driven by increasing health consciousness and concerns about the environmental impact of meat production. As a result, there is a growing market for plant-based and alternative protein products. This trend is expected to continue, with industry stakeholders focusing on developing and promoting these products to meet consumer demand and capitalize on the potential growth opportunities in the market.

Local special circumstances: In Niger, the Processed Meat market is influenced by the country's predominantly Muslim population, where consumption of pork is restricted. This has led to a rise in demand for alternative protein sources, such as chicken and beef, creating opportunities for plant-based and Halal-certified processed meat products. Additionally, the country's hot and arid climate poses challenges for meat preservation, leading to the development of locally adapted processing methods. These factors contribute to the unique dynamics of the Processed Meat market in Niger.

Underlying macroeconomic factors: The Processed Meat Market of the Meat Market within The Food market in Niger is heavily influenced by macroeconomic factors such as the country's economic health, global economic trends, fiscal policies, and other financial indicators. Niger's economy heavily relies on agriculture, making it susceptible to weather conditions and global commodity prices. As a result, fluctuations in the national economic health can impact the demand for processed meat products. In addition, government policies and regulations, as well as consumer spending power, can also affect market performance. The rising population and increasing middle-class income in Niger are driving the demand for processed meat products, while the country's limited healthcare funding and regulatory challenges may hinder market growth.

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.