Europe Meat Market Forecast
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023: USD 380.8 Billion
Market Forecast in 2032: USD 535.4 Billion
Market Growth Rate: 3.83% (2024-2032)
The Europe meat market size reached USD 380.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 535.4 Billion by 2032, exhibiting a growth rate (CAGR) of 3.83% during 2024-2032.
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Europe Meat Market Trends:
There are positive influences on the growth of the Europe meat market such as different trends of consumers, advancement in meat technology, and strict measures on food safety. One of the major drivers of this is the increasing number of people that are willing to pay for quality, ethically raised, and sustainably raised meat. Apart from this, the increase in customers’ concern on the welfare of animals as well the concern for the environment are driving the regional market.
There is a strong market presence for organic and free-range meat due to the belief that these are healthier and more eco-friendly. At the same time, the increasing number of immigrants in Europe adds variety of cooking styles which also affects the volume and types of meat consumed in the market to be quite diverse.
Current developments in the Europe meat market show this demographic shift as one of the engines for adopting meatless diets as well as cosmopolitanization that stresses the ideals of health, caring for the environment and ethical treatment of animals. This trend is sparking interests and creating much needed investment in non meat protein sources, thereby increasing competition for meat products in the region.
Moreover, the increasing demand for convenience, coupled with the growing popularity of packaged, easy to cook, and processed meat products, depicts the changing lifestyle of Europeans. In addition to this, the expanding meat processing and packaging technologies directed to improvement of product preservation and quality of its variety are likely to propel the regional market for the forecast period.
The market report offers a comprehensive analysis of the segments, highlighting those with the largest Europe meat market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
Europe Meat Industry Segmentation:
The report has segmented the market into the following categories:
Type Insights:
Product Insights:
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Country Insights:
Top Players Analysis:
The report provides a detailed analysis of the competitive environment. It covers various aspects such as market structure, positioning of key players, top strategies for success, a competitive dashboard, and a company evaluation quadrant. Furthermore, the report includes comprehensive profiles of all major companies.
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Other Key Points Covered in the Report:
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