Global Processed Meat Trends in 2024
Processed Meat is part of Meat Processing and includes a number of sub-sectors such as Sausage, Ham and Bacon. You may also be interested in Poultry Processing.
Global meat production is projected to reach nearly 377 million metric tons by 2028, up from approximately 356 million metric tons in 2023. This represents an average annual growth rate of 0.9%. Historically, since 1966, global supply has expanded at an average rate of 0.8% per year. Meanwhile, global meat consumption is expected to climb to around 333 million metric tons by 2028, increasing from about 325 million metric tons in 2023. The consumption growth rate is projected to be 0.4% annually. Since 2019, global demand has consistently risen by the same rate of 0.4% per year. In Europe, meat sales are anticipated to reach €311 billion by 2028, up from €285 billion in 2023, reflecting an average annual growth rate of 1.5%. Since 2019, the European market has grown at a robust rate of 2.4% per year. Germany leads the European processed meat sales market, with €56.7 billion recorded in 2023. France, Spain, and Italy follow as the second, third, and fourth largest markets, respectively. Notably, Spain has experienced a significant annual growth rate of 5.5% since 2019, while Ireland's market has contracted by 9.3% over the same period.
Top 10 countries
In 2024 major markets in the Processed Meat Industry were:
World Processed Meat Market Data and Forecasts
How much the Processed Meat industry is expected to grow to 2028?
World Processed Meat Top Rankings
Global Processed Meat Statistics
- Mortality Rate 249 countries (Africa, Sub-Saharan Africa, Europe...)
- Processed Meat Export 237 countries (Europe, Asia, Western Europe...)
- Processed Meat Import 216 countries (Europe, Asia, Western Europe...)
- Disability-Adjusted Life Years 227 countries (Africa, Sub-Saharan Africa, Latin America...)
- Sausage Export 239 countries (Europe, Asia, Western Europe...)
- Sausage Import 215 countries (Europe, Asia, Western Europe...)
- Ham Export 227 countries (Europe, Southern Europe, Western Europe...)
- Ham Import 192 countries (Europe, Southern Europe, Western Europe...)
- Pork Import 215 countries (Europe, Sub-Saharan Africa, Africa...)
- Pork Export 230 countries (Europe, Western Europe, Southern Europe...)
