The Fresh Sheep Meat Market in Germany has witnessed a steady upward trend from 2012 to 2022, with the market size increasing from €193.91M to €423.9M. Starting from a dip in 2013, the market experienced a robust rebound with significant year-on-year growth in subsequent years, peaking at a notable 26.88% increase in 2014. From 2015 onwards, the market maintained a strong growth trajectory, with consistent positive year-on-year variations, reflecting increased consumer demand and possible market expansions. Notably, the Compound Annual Growth Rate (CAGR) from 2014 to 2018 highlights an average growth of around 14.9%, tapering slightly to 5.08% by 2022, indicating maturation and stability in the market.
Future trends to watch include the impact of sustainability practices on production, potential changes in consumer preferences towards locally sourced and organic meats, and the influence of economic factors on disposable income and meat consumption patterns. Monitoring these factors will be critical in forecasting the market's direction beyond 2024.
How does Germany rank in Fresh Sheep Meat Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,014,800,000 | 2023 | +1.23% | +2.13% | View data |
| 2 | 2 France | 1,551,800,000 | 2023 | -0.31% | +0.56% | View data |
| 3 | 3 Spain | 648,860,000 | 2023 | +7.07% | +9.28% | View data |
| 4 | 4 Germany | 457,720,000 | 2023 | +4.82% | +4.88% | |
| 5 | 5 Belgium | 147,800,000 | 2023 | +0.35% | +0.27% | View data |
| 6 | 6 Portugal | 35,534,000 | 2023 | +0.29% | -3.15% | View data |
