Key regions: United Kingdom, Germany, United States, Spain, Italy
The Other Livestock Products market in Germany has been experiencing steady growth in recent years.
Customer preferences: Consumers in Germany have been increasingly interested in alternative sources of protein, leading to a rise in demand for Other Livestock Products. Additionally, there has been a growing interest in organic and sustainable food options, which has also contributed to the growth of this market.
Trends in the market: One of the main trends in the Other Livestock Products market in Germany is the increasing popularity of goat meat. Goat meat is considered a healthier alternative to other types of meat, and its unique flavor is becoming more appreciated by German consumers. Another trend is the growing demand for rabbit meat, which is also considered a healthier and more sustainable option compared to other meats. Finally, there has been an increasing interest in exotic meats, such as ostrich and kangaroo, which are seen as unique and interesting options for consumers.
Local special circumstances: Germany has a strong tradition of meat consumption, but there has been a shift towards more sustainable and ethical food choices in recent years. This has led to an increased demand for Other Livestock Products, which are often seen as more sustainable and ethical than traditional meat options. Additionally, Germany has a large Muslim population, and there is a growing demand for halal meat options, including goat and lamb.
Underlying macroeconomic factors: The German economy has been performing well in recent years, with low unemployment and strong consumer confidence. This has contributed to the growth of the Other Livestock Products market, as consumers have more disposable income to spend on specialty food items. Additionally, Germany has a strong agricultural sector, which has helped to support the growth of the Other Livestock Products market.
Data coverage:
The data encompasses B2B. Figures are based on the value of gross production in the agriculture market, which values of production are calculated by multiplying gross production by output prices at the farm gate.Modeling approach:
Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use resources from the Statista platform as well as annual financial reports of the market-leading companies and industry associations, third-party studies and reports, national statistical offices, international institutions, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting agriculture products due to the non-linear growth of this market, especially because of the direct impact of climate change on the market.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.
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