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Costa Rica Meat Market Size, Share, Trends, Growth, Forecast: By Type: Raw, Processed; By Product: Chicken, Pork, Beef, Mutton, Others; By Distribution Channel: Hypermarkets/Supermarkets, Speciality Stores, Online Channels, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Costa Rica Meat Market Outlook
The Costa Rica meat market size is projected to grow at a CAGR of 6.90% between 2024 and 2032.
Key Takeaways
- Costa Rica's meat consumption has been on an upward trend, with the market expected to grow annually by 6.01% from 2024 to 2028.
- Costa Rica's beef consumption is expected to remain at 63,000 metric tons in 2021, with production estimated to reach 87,680 metric tons in 2026, up 0.3% year on year.
- As per industry reports, the country ranked 77th globally in beef production in 2021, with Finland overtaking it at 86,370 metric tons.
- Costa Rica has been ranked 27th within the group of 165 countries in terms of poultry meat consumption per capita.
The demand for lean meats, such as chicken has grown substantially in recent years, with consumers preferring beef with little or no fat. The frequency of beef consumption is high, with more than half of the homes consuming it 2 to 5 times per week. The market is highly competitive, with most meat purchases still made in butcher shops, despite the progress achieved by supermarkets in marketing foodstuffs.
The Costa Rica meat market growth can be ascribed to the country's growing meat and poultry market, which increased in value in 2022. Secondly, the average yield of pork in Costa Rica has also increased, contributing to the growth of the pork market. Thirdly, the number of animals slaughtered for pork production has shown a steady increase over the years, indicating a positive trend in pork production. Furthermore, the country's pork exports have grown significantly, with Honduras, Panama, and Guatemala being the main destinations for Costa Rican pork exports.
Chicken is a staple protein source in Costa Rica, and is used in a wide variety of dishes, from traditional casados (a typical Costa Rican meal consisting of rice, beans, and meat) to fast food options like chicken sandwiches and nuggets. Major chicken producers in Costa Rica include Cargill, Pepsico, and Perdue Farms.
Beef has a growing Costa Rica meat market share as it is a high-protein meat that is popular in Costa Rica, and is used in a variety of dishes, including carne asada (grilled beef), olla de carne (a traditional soup made with beef and vegetables), and bistec a la plancha (grilled steak). Major beef producers in Costa Rica include Cargill, JBS, and National Beef Packing Company.
Market Segmentation
Costa Rica Meat Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Raw
- Processed
Market Breakup by Product
- Chicken
- Pork
- Beef
- Mutton
- Others
Market Breakup by Distribution Channel
- Hypermarkets/Supermarkets
- Speciality Stores
- Online Channels
- Others
Competitive Landscape
Market players are focused on understanding consumer preferences, consumption habits, and providing premium quality of meat products to stay ahead in the competition.
- Centro Internacional de Inversiones CII S.A.
- Cargill, Incorporated
- Gico
- Hacienda Sur
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Product |
|
| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Meat Market Overview
8.1 Key Industry Highlights
8.2 Latin America Meat Historical Market (2018-2023)
8.3 Latin America Meat Market Forecast (2024-2032)
8.4 Latin America Meat Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Costa Rica
8.4.5 Others
9 Costa Rica Meat Market Overview
9.1 Key Industry Highlights
9.2 Costa Rica Meat Historical Market (2018-2023)
9.3 Costa Rica Meat Market Forecast (2024-2032)
10 Costa Rica Meat Market by Type
10.1 Raw
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Processed
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Costa Rica Meat Market by Product
11.1 Chicken
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Pork
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Beef
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Mutton
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Costa Rica Meat Market by Distribution Channel
12.1 Hypermarkets/Supermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Speciality Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Online Channels
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Centro Internacional de Inversiones CII S.A.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Cargill,Incorporated
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Gico
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Hacienda Sur
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Meat Market: Key Industry Highlights, 2018 and 2032
2. Costa Rica Meat Market: Key Industry Highlights, 2018 and 2032
3. Costa Rica Meat Historical Market: Breakup by Type (USD Million), 2018-2023
4. Costa Rica Meat Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Costa Rica Meat Historical Market: Breakup by Product (USD Million), 2018-2023
6. Costa Rica Meat Market Forecast: Breakup by Product (USD Million), 2024-2032
7. Costa Rica Meat Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. Costa Rica Meat Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9. Costa Rica Meat Historical Market: Breakup by Region (USD Million), 2018-2023
10. Costa Rica Meat Market Forecast: Breakup by Region (USD Million), 2024-2032
11. Costa Rica Meat Market Structure
Key Questions Answered in the Report
The Costa Rica meat market is expected to grow at a CAGR of 6.90% between 2024 and 2032.
The market is being driven due to increasing demand for protein-rich foods, availability of different type of meat products, and convenient ready-to-cook options.
Key trends aiding the market expansion include growth of food-tech startups, increasing demand for protein-rich foods by fitness enthusiasts, and rising demand for frozen meat products.
Different meat products in the market are chicken, pork, beef, and mutton, among others.
Based on distribution channel, the market segmentations include hypermarkets/supermarkets, speciality stores, and online channels, among others.
Raw and processed meat are considered in the report.
Key players in the market are Centro Internacional de Inversiones CII S.A., Cargill,Incorporated, Gico, and Hacienda Sur, among others.
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