Germany: The market for meat substitutes is growing

The value of produced meat substitutes is constantly increasing Despite such a significant increase, the value of meat substitute products is falling. Compared to meat products, this is still a relatively low level, which in 2023 was almost 80 times the value of meat substitute products, and in a five-year comparison, it was almost 150 times the value. Whether veggie burgers or tofu sausages, the market for vegetarian or vegan alternatives to meat and meat products has been growing steadily in recent years and continues to grow. According to current data from Destatis, companies in Germany produced a total of approximately 121,600 tons of meat substitutes in 2023 worth EUR 583.2 million. In 2022, there were still 104,300 tons worth EUR 537.4 million. According to Destatis, the number of companies producing in Germany also increased from 51 in 2022 to 67 last year. The value of the meat produced is almost 80 times greater Although meat substitutes are becoming more and more popular ...