The processed meat market in Romania was valued at 1.61 billion USD in 2015 (calculated in retail prices). From 2015 to 2019, it grew at a compound annual growth rate (CAGR) of 3.06% to reach 1.82 billion USD. The market is segmented into ham and bacon, sausages and salami, and cold and roasted meat products. In 2019, the segments recorded shares of 23%, 56%, and 21%, respectively.
In 2015, the per capita consumption value of processed meat in Romania was 80.81 USD (in retail prices). Until 2019, the consumption grew at a CAGR of 4.51% to reach 96.4 USD. That was lower than the average value for Europe, whose per capita consumption of processed meat was equal to 213.7 USD.
The market research report presents a strategic analysis of the market and a forecast for its development in the medium term. The research study provides a comprehensive overview of the market:
- Volume and value size and dynamics,
- Structure and characteristics;
- Competitive landscape and major companies;
- Trends and challenges;
- Growth and demand drivers;
- Consumption and prices;
- Imports and exports;
- Forecast for development.
The report also provides socio-economic data for the region and a product breakdown, offering a broader perspective on the market dynamics within a region.
The report includes information on the following companies:
- Cargill, Inc;
- Hormel Foods Corporation;
- JBS SA;
- Thai Union Group;
- Tyson Foods Inc.;
- Wen's Food Group;
- WH Group;
- WM Morrison Supermarkets Plc.
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