The Lithuania meat market experienced fluctuations from 2013 to 2023, characterized by inconsistent growth and declines. In 2023, the market size stood at 249.43 million kilograms, marking a slight decrease of 0.56% from the previous year. Over the past five years, the market's Compound Annual Growth Rate (CAGR) demonstrated a slight downward trend at -1.05%. Despite some recovery years like 2020 and 2021, overall 10-year trends depict a market facing challenges.
Future trends to watch for:
- Rising global health consciousness impacting meat consumption.
- Potential growth inspired by technological advancements and innovations in meat alternatives.
- Changing consumer preferences towards sustainable and locally-sourced products.
How does Lithuania rank in Meat Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13,419,000,000 | 2023 | +3.48% | +3.45% | View data |
| 2 | 2 Spain | 6,256,900,000 | 2023 | +2.03% | +1.16% | View data |
| 3 | 3 Italy | 4,821,400,000 | 2023 | -3.68% | -3.19% | View data |
| 4 | 4 France | 4,587,700,000 | 2023 | -0.41% | -1.09% | View data |
| 5 | 5 United Kingdom | 3,464,300,000 | 2023 | +1.55% | +1.19% | View data |
| 15 | 15 Finland | 263,900,000 | 2023 | +0.98% | +0.86% | View data |
| 16 | 16 Bulgaria | 260,150,000 | 2023 | +2.21% | -3% | View data |
| 17 | 17 Lithuania | 249,430,000 | 2023 | -0.56% | -1.05% | |
| 18 | 18 Croatia | 209,130,000 | 2023 | +3.58% | +1.25% | View data |
| 19 | 19 Ireland | 159,350,000 | 2023 | -5.59% | -4.88% | View data |