The market value per capita for bacon and cured cuts in Romania grew from €10.19 in 2013 to €15.83 in 2023. Over the last two years (2022 to 2023), the market saw modest growth, increasing by 2.4% year-on-year. The five-year compound annual growth rate (CAGR) from 2019 to 2023 was approximately 1.8%, indicating steady growth over the period. This suggests an increasing consumer demand or steady price increase for these products.
Looking to the future, key trends to watch include the impact of rising health consciousness among consumers, potential shifts towards plant-based alternatives, and changes in economic conditions that could affect disposable income and consumption patterns. These factors may influence future growth and market dynamics.
How does Romania rank in Bacon and Other Cured Cuts Market Size Value Per Capita?
| # | 15 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 66.23 | 2023 | View data | ||
| 2 | 2 Lithuania | 45.64 | 2023 | View data | ||
| 3 | 3 United Kingdom | 34.42 | 2023 | View data | ||
| 4 | 4 Latvia | 21.7 | 2023 | View data | ||
| 5 | 5 Belgium | 19.11 | 2023 | View data | ||
| 6 | 6 France | 18.62 | 2023 | View data | ||
| 7 | 7 Romania | 15.83 | 2023 | |||
| 8 | 8 Germany | 14.45 | 2023 | View data | ||
| 9 | 9 Sweden | 14.16 | 2023 | View data | ||
