Mobile Menu

Meat Processing in Hungary - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

HU-C101 July 2024 Factsheet

Revenue

€3.8bn

2019-2024 7.0 %
2024-2029 X.X %

Employees

43,013

2019-2024 7.0 %
2024-2029 X.X %

Businesses

532

2019-2024 1.3 %
2024-2029 X.X %

Wages

€XXX.Xm

2019-2024 X.X %
2024-2029 X.X %

Meat Processing in Hungary market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

Access the 5-year outlook with purchase. View purchase options

National industry coverage with a European twist

  • Market estimates from 2014-2029
  • Data-rich reports comparing industry performance, threats, opportunities and country rankings
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee
Purchase options Download sample

About Factsheets

Industry Statistics and Rankings

How does this industry perform in Hungary compared to Europe?

Country Benchmarking

Industry Data Hungary

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#17 In Europe
Business
#15 In Europe
Employees
#10 In Europe
Wages
#17 In Europe

The Meat Processing in Hungary ranks 17 in Europe with regards to its 2024 revenue (€3.8bn). Revenue received by operators in Hungary has been low in volatility over the past five-year period, with the average annual change in revenue (7.0 %) most comparable to...

Unlock more insights on Hungary and the most comparable countries in Europe with purchase. View purchase options.

Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Meat Processing industry in Hungary in 2024?

The market size of the Meat Processing industry in Hungary is €3.8bn in 2024.

How many businesses are there in the Meat Processing in Hungary industry in 2024?

There are 532 businesses in the Meat Processing industry in Hungary, which has declined at a CAGR of 1.3 % between 2019 and 2024.

Has the Meat Processing industry in Hungary grown or declined over the past 5 years?

The market size of the Meat Processing industry in Hungary has been declining at a CAGR of 7.0 % between 2019 and 2024.

What is the forecast growth of the Meat Processing industry in Hungary over the next 5 years?

Over the next five years, the Meat Processing industry in Hungary is expected to grow.

What does the Meat Processing in Hungary include?

Beef and Veal are part of the Meat Processing industry.

How competitive is the Meat Processing industry in Hungary?

The level of competition is moderate and steady in the Meat Processing industry in Hungary.

Related Industries

This industry is covered in 37 countries

Explore full Europe Collection

Unlock Holistic European coverage

Members get access to 450+ industries across Europe, including comparative data for 37 countries.

View purchase options

Or contact us for multi-user and corporate license options

Table of Contents

About this industry

Industry definition

Companies in this industry process livestock to produce red meat. They operate slaughterhouses, produce fresh, chilled or frozen meat as carcasses and cuts and produce by-products like rendered lard, tallow, offal and pulled wool. Industry participants also bone, preserve and pack meat.

What's included in this industry?

BeefVealLambMuttonPorkPoultryRabbit

Industry Code

ISIC 2006

101 - Processing and preserving of meat in Hungary

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Meat Processing in Hungary
  • Employees in the Meat Processing in Hungary
  • Business in the Meat Processing in Hungary
  • Profit in the Meat Processing in Hungary

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Meat processors are subject to stringent regulations. Legislation covers aspects like food safety, animal welfare and environmental standards. It aim to ensure high-quality products, ethical practices and environmental sustainability.

View more insights with purchase. View purchase options.

External Drivers

Analysis

What demographic and macroeconomic factors impact the Meat Processing in Hungary industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Sustainable practices drive profit growth. A growing interest in ethically sourced, environmentally friendly options encourages processors to conserve waste and energy and allows them to raise prices.

View more insights with purchase. View purchase options.

Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Meat Processing in Hungary industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.