The Latvian market for prepared and preserved meat, meat offal, or blood stood at 224.33 million euros in 2023, marking slight year-on-year growth of 0.78%. Over the past decade, market value fluctuated, with notable growth in 2016 by 6.41% and in 2019 by 7.34%. However, recent years show stabilization, as evidenced by a compound annual growth rate (CAGR) of 1.37% over the last five years.
Future trends to watch for include:
- Increasing demand for sustainable and ethically sourced products.
- Potential regulatory changes impacting meat production and sourcing.
- Technological advancements in meat preservation methods.
How does Latvia rank in Prepared and Preserved Meat, Meat Offal or Blood Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 14,092,000,000 | 2023 | +0.87% | +0.94% | View data |
| 2 | 2 Spain | 10,110,000,000 | 2023 | +5.96% | +6% | View data |
| 3 | 3 Poland | 4,496,600,000 | 2023 | +0.94% | +0.74% | View data |
| 4 | 4 Netherlands | 3,722,200,000 | 2023 | +1.75% | +2.54% | View data |
| 5 | 5 Austria | 2,059,200,000 | 2023 | +1.72% | +0.91% | View data |
| 15 | 15 Estonia | 351,210,000 | 2023 | +1.78% | +1.14% | View data |
| 16 | 16 Slovenia | 321,460,000 | 2023 | +0.28% | -0.016% | View data |
| 17 | 17 Latvia | 224,330,000 | 2023 | +0.78% | +1.37% | |
