Europe Meat Market

Market Overview:

The Europe meat market size reached US$ 380.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 535.4 Billion by 2032, exhibiting a growth rate (CAGR) of 3.83% during 2024-2032. The shifting dietary habits and consumer preferences, significant growth of modern retail format, escalating awareness regarding various product health benefits, and the implementation of strict regulations by the regional governments represent some of the key factors driving the market.

Meat refers to the palatable flesh of various animals, such as chicken, turkey, cattle, sheep, pigs, duck, venison, rabbit, and aquatic creatures, which is consumed by humans. It is rich in proteins, essential amino acids, vitamins, niacin, fatty acids, creatine, iron, zinc, and selenium. Meat is widely used in numerous dishes, such as steaks, curry, parmesan, wraps, lasagna, shawarma, biryani, stews, soups, burgers, sausages, and sandwiches. Additionally, meat can be processed into products such as jerky, bacon, slices, nuggets, canned meat, and deli meats to increase convenience and longevity. It is a delicious and highly nutritious product that plays a vital role in boosting energy levels, repairing tissues, maintaining muscle mass, reducing inflammation, promoting growth, and enhancing cardiovascular health. It also imparts distinctive flavor and texture to meals, increasing its culinary appeal and versatility.

Europe Meat Market Trends:

The shifting dietary habits and evolving consumer preferences are propelling the market growth in Europe. Consumers are leaning towards organic and free-range meat products due to evolving lifestyles and dietary preferences, leading to a robust demand for meat products. Furthermore, the significant growth of modern retail formats, such as supermarkets, convenience stores, hypermarkets, and online platforms, which enhance consumer accessibility, selection, and convenience, thereby stimulating meat consumption, is propelling the market growth. Along with this, the rising disposable incomes and improving living standards of the European population, which increases consumers’ willingness to spend on premium and high-quality meat cuts and processed meat products, is boosting the market growth. Additionally, the escalating awareness regarding various product health benefits, such as boosting energy levels, improving heart health, strengthening the immune system, promoting muscle repair, supporting healthy weight gain, reducing inflammation, and enhancing overall body functions, is contributing to the market growth. Besides this, the imposition of strict regulations by the regional governments to maintain optimal safety standards, ensure stringent quality control, and enhance animal traceability is catalyzing the market growth. Apart from this, aggressive marketing and promotional activities by producers through social media, digital marketing, and television (TV) commercials to increase awareness about product offerings and improve brand visibility are strengthening the market growth. Moreover, the recent advancements in preservation, packaging, and processing technologies, which increase the shelf-life and quality of meat products, thus boosting their appeal to consumers, are supporting the market growth. Other factors, including favorable import policies, extensive research and development (R&D) activities, and the growing demand for exotic meat products, are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Europe meat market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on type, product, and distribution channel.

Type Insights:

• Raw
• Processed
   

The report has provided a detailed breakup and analysis of the Europe meat market based on the type. This includes raw and processed.

Product Insights:

• Chicken
• Beef
• Pork
• Mutton
• Others
   

A detailed breakup and analysis of the Europe meat market based on the product has also been provided in the report. This includes chicken, beef, pork, mutton, and others.

Distribution Channel Insights:

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

A detailed breakup and analysis of the Europe meat market based on the distribution channel has also been provided in the report. This includes supermarkets and hypermarkets, departmental stores, specialty stores, online stores, and others.

Country Insights:

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

The report has also provided a comprehensive analysis of all the major regional markets, which include Germany, France, the United Kingdom, Italy, Spain, and others.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the Europe meat market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Report Coverage:

Key Questions Answered in This Report:

• How has the Europe meat market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Europe meat market?
• What is the breakup of the Europe meat market on the basis of type?
• What is the breakup of the Europe meat market on the basis of product?
• What is the breakup of the Europe meat market on the basis of distribution channel?
• What are the various stages in the value chain of the Europe meat market?
• What are the key driving factors and challenges in the Europe meat market?
• What is the structure of the Europe meat market and who are the key players?
• What is the degree of competition in the Europe meat market?

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Europe meat market from 2018-2032.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the Europe meat market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Europe meat industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.