Europe Meat Market to Reach USD 535.4 Billion by 2032 at a CAGR of 3.83%

in #europe4 days ago

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:

  • Raw
  • Processed

Product Insights:

  • Chicken
  • Beef
  • Pork
  • Mutton
  • Others

Distribution Channel Insights:

  • Supermarkets and Hypermarkets
  • Departmental Stores
  • Specialty Stores
  • Online Stores
  • Others

Country Insights:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others

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:

  • COVID-19 Impact on the Market
  • Porter's Five Forces Analysis
  • Strategic Recommendations
  • Market Dynamics
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape
  • Top Winning Strategies
  • Recent Industry News
  • Key Technological Trends & Development

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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