In 2023, the average revenue per capita generated in the European Union's meat substitute market amounted to 4.42 U.S. dollars. Growth in average revenue per capita has been continuous since 2018 and is forecast to continue its upward trend till 2028 when it is expected to reach 7.15 U.S. dollars.
Revenue per capita of the meat substitutes market in the European Union (EU-27) from 2018 to 2028
(in U.S. dollars)
Characteristic
Per capita revenue in U.S. dollars
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Data provided by Statista Market Insights are estimates.
The Meat segment includes fresh meat, processed meat and meat substitutes. The Fresh Meat segment covers beef, veal, pork, poultry, mutton, goat, and other fresh meat. The Processed Meat segment contains ham, bacon, sausages, cold cuts, and roasted meat. The Meat Substitutes segment includes plant-based meat and vegetarian meat. Meats are among the top product groups in the Food market in terms of sales and revenue. Yet due to growing health consciousness and the desire for meat alternatives among consumers, the demand for meat has slowed, as reflected by sales figures in some countries.
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Statista. (May 1, 2023). Revenue per capita of the meat substitutes market in the European Union (EU-27) from 2018 to 2028 (in U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/forecasts/1403336/european-union-meat-substitute-market-revenue-per-capita
Statista. "Revenue per capita of the meat substitutes market in the European Union (EU-27) from 2018 to 2028 (in U.S. dollars)." Chart. May 1, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/forecasts/1403336/european-union-meat-substitute-market-revenue-per-capita
Statista. (2023). Revenue per capita of the meat substitutes market in the European Union (EU-27) from 2018 to 2028 (in U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/forecasts/1403336/european-union-meat-substitute-market-revenue-per-capita
Statista. "Revenue per Capita of The Meat Substitutes Market in The European Union (Eu-27) from 2018 to 2028 (in U.S. Dollars)." Statista, Statista Inc., 1 May 2023, https://www.statista.com/forecasts/1403336/european-union-meat-substitute-market-revenue-per-capita
Statista, Revenue per capita of the meat substitutes market in the European Union (EU-27) from 2018 to 2028 (in U.S. dollars) Statista, https://www.statista.com/forecasts/1403336/european-union-meat-substitute-market-revenue-per-capita (last visited August 25, 2024)
Revenue per capita of the meat substitutes market in the European Union (EU-27) from 2018 to 2028 (in U.S. dollars) [Graph], Statista, May 1, 2023. [Online]. Available: https://www.statista.com/forecasts/1403336/european-union-meat-substitute-market-revenue-per-capita