Key Market Indicators
German meat sales are projected to climb to approximately €60.8 billion by 2028, up from around €56.7 billion in 2023, marking an average annual growth rate of 1.1%. Over the past decade, the German market has seen an annual increase of 2.7%. In the European context, France, Spain, and Italy follow Germany in meat sales, ranking second, third, and fourth respectively. In terms of consumption, German meat consumption is expected to drop to 6.31 million metric tons by 2028 from 6.45 million metric tons in 2023, with a compound annual growth rate (CAGR) of -0.4%. Since 2019, the demand for meat in Germany has been decreasing at a rate of 0.3% per year. On the production front, Germany's meat production is anticipated to rise slightly to about 8.11 million metric tons by 2028 from 8.05 million metric tons in 2023, growing at a CAGR of 0.1%. Historical data since 1966 indicates that German meat supply has been increasing at an annual rate of 0.1%.
