The meat market in Germany showed fluctuations over the past decade, with actual market size values experiencing both rises and declines. Notably, from 2013 to 2023, the market size grew marginally by approximately 1.62% year-over-year in 2023, reaching 26.271 billion euros. The last five years saw an average annual growth rate (CAGR) of 1.76%.
Future projections indicate a steady upward trend in the meat market size, reaching approximately 28.309 billion euros by 2028, with an expected average annual growth rate (CAGR) of 1.19% over the next five years. This reflects a forecasted overall growth rate of 6.08% from 2024 to 2028.
Future trends to watch for include:
- Increasing consumer demand for sustainable and ethically sourced meat products.
- Potential market disruptions from plant-based and alternative proteins.
- Regulatory changes impacting production methods and distribution.
- Inflation and economic factors influencing consumer spending behavior.
