Europe Red Meat Market Size & Outlook, 2025-2030
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Europe red meat market highlights
- The Europe red meat market generated a revenue of USD 152,586.5 million in 2024.
- The market is expected to grow at a CAGR of 5.2% from 2025 to 2030.
- In terms of segment, beef was the largest revenue generating type in 2024.
- Sheep & Goat is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Netherlands is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 152,586.5 million |
| Market revenue in 2030 | USD 205,680.1 million |
| Growth rate | 5.2% (CAGR from 2025 to 2030) |
| Largest segment | Beef |
| Fastest growing segment | Sheep & Goat |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beef, Pig, Sheep & Goat, Others (Veal, and Vension) |
| Key market players worldwide | Hormel Foods Corp, JBS Foods Canada, Tyson Foods Inc Class A, The Kraft Heinz Co, Cargill, Conagra Foodservice, BRF SA ADR, OSI Group, Sysco Corp, Irish Country Meats |
Other key industry trends
- In terms of revenue, Europe region accounted for 17.3% of the global red meat market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 276,737.6 million by 2030.
Beef was the largest segment with a revenue share of 59.98% in 2024. Horizon Databook has segmented the Europe red meat market based on beef, pig, sheep & goat, others (veal, and vension) covering the revenue growth of each sub-segment from 2018 to 2030.
Red meat, such as beef, pork, and lamb, are of great significance in European culinary traditions and diets. Many European countries have a long history of consuming red meat as a staple food item, leading to a consistent demand for these products.
According to the European Union agricultural outlook for 2021-31 report, EU sheep meat production is anticipated to experience a slight annual growth of 0.3% from 2021 to 2031, reaching 660,000 tons by 2031.
This growth will be supported by factors such as coupled income support, limited global supply, and improving prices for producers. In terms of consumption, the EU per capita intake of sheep meat is forecast to marginally increase by 2031 to 1.4 kg per capita.
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Red Meat Market Scope
Red Meat Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Irish Country Meats | View profile | 51-100 | Ireland, Indiana, United States, North America | https://irishcountrymeats.com |
| OSI Group | View profile | 51-100 | Montréal, Quebec, Canada, North America | https://www.opto.com |
| JBS Foods Canada | View profile | 1001-5000 | Greeley, Colorado, United States, North America | https://jbsfoodcanada.ca |
| Conagra Foodservice | View profile | 1001-5000 | Chicago, Illinois, United States, North America | https://www.conagrafoodservice.com |
| Sysco Corp | View profile | 72000 | 1390 Enclave Parkway, Houston, TX, United States, 77077-2099 | https://www.sysco.com |
| Hormel Foods Corp | View profile | 20000 | 1 Hormel Place, Austin, MN, United States, 55912-3680 | https://www.hormelfoods.com |
| BRF SA ADR | View profile | 96667 | Avenida das Nacoes Unidas, 8501 – 1st Floor, Pinheiros, Sao Paulo, SP, Brazil, 05425-070 | https://www.brf-global.com |
| The Kraft Heinz Co | View profile | 36000 | One PPG Place, Pittsburgh, PA, United States, 15222 | https://www.kraftheinzcompany.com |
| Tyson Foods Inc Class A | View profile | 139000 | 2200 West Don Tyson Parkway, Springdale, AR, United States, 72762-6999 | https://www.tysonfoods.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
Europe red meat market size, by country, 2018-2030 (US$M)
Europe Red Meat Market Outlook Share, 2024 & 2030 (US$M)
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