Key Market Indicators
Luxembourger Meat Sales are projected to reach approximately €177 million by 2028, up from €163 million in 2023, marking a 1.4% compound annual growth rate (CAGR). Since 2013, the country's meat market has seen a 2% annual increase. In 2023, Luxembourg ranked 32nd in global meat sales, with Cyprus slightly ahead at €163 million. France, Spain, and Italy occupied the second, third, and fourth positions, respectively. Meat consumption in Luxembourg is forecasted to hit 51,000 metric tons by 2028, rising from 50,000 metric tons in 2023, with an annual growth rate of 0.4%. Since 2019, the demand for meat in Luxembourg has grown consistently by 0.4% each year. On the production front, Luxembourg is expected to produce 25,160 metric tons of meat by 2028, up from 24,270 metric tons in 2023, reflecting an average annual growth rate of 0.6%. Since 2005, the country's meat supply has increased by 0.9% annually.
