As of 2023, Spain leads the European meat processing industry with a turnover of €19.46 billion, experiencing a significant 8.54% year-on-year growth. France follows at €16.0 billion, marked by a modest 0.32% increase. Germany's industry is valued at €15.18 billion, showing a slight decline of 0.82%. Countries like Italy and the United Kingdom also hold notable positions with values of €10.52 billion and €10.06 billion respectively, though both show varied year-on-year changes. Smaller markets such as Bulgaria and Macedonia demonstrated notable growth rates of 4.16% and 2.53%, contrasting with steeper declines in countries like Iceland and Bosnia and Herzegovina.
Future trends to watch include:
- The impact of sustainability and environmental regulations on meat processing operations and turnover across Europe.
- The influence of consumer preferences shifting towards plant-based and alternative proteins on the traditional meat market.
- The potential growth of smaller markets in Eastern Europe, particularly those currently showing strong annual growth rates.
- The effects of geopolitical and economic factors, such as trade regulations, on market dynamics in the key meat processing countries.
Top countries in Meat Processing Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 19,460 | 2023 | +6.56% | +8.54% | View data |
| 2 | 2 France | 16,000 | 2023 | -0.44% | +0.32% | View data |
| 3 | 3 Germany | 15,180 | 2023 | -2.39% | -0.82% | View data |
| 4 | 4 Italy | 10,520 | 2023 | +0.099% | -0.093% | View data |
| 5 | 5 United Kingdom | 10,060 | 2023 | +1.75% | +1.48% | View data |
| 6 | 6 Poland | 7,690 | 2023 | +4.46% | +2.09% | View data |
| 7 | 7 Denmark | 5,980 | 2023 | +1.45% | +3.54% | View data |
| 8 | 8 Netherlands | 4,400 | 2023 | +0.32% | +0.0077% | View data |
| 9 | 9 Belgium | 3,200 | 2023 | -0.38% | +1.38% | View data |
| 10 | 10 Norway | 3,180 | 2023 | +0.76% | -0.041% | View data |
