The global market for Meat (Fresh and Processed) is estimated at 302.3 Million Metric Tons in 2023 and is projected to reach 364.2 Million Metric Tons by 2030, growing at a CAGR of 2.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the meat market is driven by several factors. Increasing global population and rising incomes, particularly in developing countries, have led to higher meat consumption as people can afford more protein-rich diets. Urbanization and busy lifestyles are propelling the demand for convenient and ready-to-eat meat products. Health trends emphasizing high-protein diets are also fueling the consumption of both fresh and processed meats. Moreover, advancements in meat processing technologies enhance product variety and quality, attracting more consumers. Sustainability concerns are driving innovations in both traditional meat production and alternative proteins, with companies investing in more sustainable practices and products to meet consumer demand. The impact of regulatory standards on food safety and quality is another crucial driver, as stringent regulations ensure that meat products meet high safety standards, thereby boosting consumer confidence. Additionally, the expansion of e-commerce and online grocery shopping provides consumers with easier access to a wide range of meat products, further propelling market growth. These factors, combined with continuous innovation and evolving consumer preferences, are shaping the dynamic and robust growth of the global meat market.
The growth in the meat market is driven by several factors. Increasing global population and rising incomes, particularly in developing countries, have led to higher meat consumption as people can afford more protein-rich diets. Urbanization and busy lifestyles are propelling the demand for convenient and ready-to-eat meat products. Health trends emphasizing high-protein diets are also fueling the consumption of both fresh and processed meats. Moreover, advancements in meat processing technologies enhance product variety and quality, attracting more consumers. Sustainability concerns are driving innovations in both traditional meat production and alternative proteins, with companies investing in more sustainable practices and products to meet consumer demand. The impact of regulatory standards on food safety and quality is another crucial driver, as stringent regulations ensure that meat products meet high safety standards, thereby boosting consumer confidence. Additionally, the expansion of e-commerce and online grocery shopping provides consumers with easier access to a wide range of meat products, further propelling market growth. These factors, combined with continuous innovation and evolving consumer preferences, are shaping the dynamic and robust growth of the global meat market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Pork Meat segment, which is expected to reach 146.8 Million Metric Tons by 2030 with a CAGR of a 2.4%. The Poultry Meat segment is also set to grow at 3.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at 81.4 Million Metric Tons in 2023, and China, forecasted to grow at an impressive 3.8% CAGR to reach 69.1 Million Metric Tons by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Meat (Fresh and Processed) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Meat (Fresh and Processed) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Meat (Fresh and Processed) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as BRF S.A., Conagra Brands, Inc., Cremonini S.p.A., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 207 Featured):
- BRF S.A.
- Conagra Brands, Inc.
- Cremonini S.p.A.
- Dawn Farm Foods Limited
- Elpozo Alimentación, S.A.
- Foyle Food Group Ltd.
- Hormel Foods Corporation
- Itoham Foods, Inc.
- JBS S.A.
- Kepak Group Limited
- Marfrig Global Foods S.A.
- Perdue Farms Inc.
- San Miguel Pure Foods Company Inc.
- Smithfield Foods, Inc.
- Tyson Foods, Inc.
- VION Holding N.V.
- WH Group Limited
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BRF S.A.
- Conagra Brands, Inc.
- Cremonini S.p.A.
- Dawn Farm Foods Limited
- Elpozo Alimentación, S.A.
- Foyle Food Group Ltd.
- Hormel Foods Corporation
- Itoham Foods, Inc.
- JBS S.A.
- Kepak Group Limited
- Marfrig Global Foods S.A.
- Perdue Farms Inc.
- San Miguel Pure Foods Company Inc.
- Smithfield Foods, Inc.
- Tyson Foods, Inc.
- VION Holding N.V.
- WH Group Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 276 |
| Published | July 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value in 2023 | 302.3 Million Metric Tons |
| Forecasted Market Value by 2030 | 364.2 Million Metric Tons |
| Compound Annual Growth Rate | 2.7% |
| Regions Covered | Global |
