Opportunities in the North American Meat Sector: Analysis of Opportunities Offered by Countries in the Region

  • ID: 4296695
  • Report
  • Region: North America, United States
  • 101 pages
  • GlobalData
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FEATURED COMPANIES

  • Butterball LLC
  • Cargill Inc.
  • Conagra Foods
  • Deitz & Watson
  • Hormel Foods
  • Kraft Foods
  • MORE
Opportunities in the North American Meat Sector: Analysis of Opportunities Offered by Countries in the Region

Summary

Global Meat sector was valued at US$909.3 Billion in 2016 and is forecasted to record a CAGR of 2.4% during 2016-2021 to reach US$1.026.0 Billion by 2021. North America, with a 27.2% value share in the global Meat sector in 2016, is forecasted to record a CAGR of 1.2% during 2016-2021 to reach US$262.3 Billion in 2021 from US$247.5 Billion in 2016. The region’s growth can be attributed to rising consumer demand for clean labels and healthy meat options.

North America is the second largest Meat sector in the world, accounting for US$247.5 Billion in 2016. Chilled Raw Packaged Meat - Processed is the largest category, accounting for US$67.5 Billion (27.3% of the overall Meat sector) in 2016, and is expected to reach US$70.4 Billion in 2021, growing at a CAGR 0.9%. At a country level, the US alone accounts for 82.1% of this sector, followed by Mexico and Canada. A greater demand exists for poultry meats due to the increasing concerns about the negative health impacts of red meat.

In the North American Meat sector, there is a huge disparity in terms of market opportunities among the top countries: the US is the largest contributor in terms of market value as of 2016, while Mexico will witness the highest CAGR of 3.8% during 2016-2021. Rising disposable incomes and better availability of new Meat variants are expected to drive value and volume sales in Mexico. Moreover, the growing retail penetration in mid-sized cities and rural areas in Mexico is expected to further fuel this growth. Although the Meat sector is highly saturated in the US and Canada, superior logistics facilities and abundant infrastructure in terms of cold storage facilities will favor investments in these countries over Mexico.

The Health & Wellness market stood at US$51.7 Billion in 2016, accounting for 20.9% of the North American overall Meat sector in 2016. Increasing demand for healthy Meat products that are free from chemicals/hormones and preservatives, organic, and naturally bred and fed will drive the growth of H&W Meat products in the region, particularly in the US and Canada.

Hypermarkets & Supermarkets accounted for 79% of the overall Meat sales in the region, followed by Food & Drinks specialists with a 14.3% share in 2016. At a country level, the US has the highest share of Hypermarkets & Supermarkets with 83% in 2016, followed by Canada with 72.7% and Mexico with 51.3%. A fast evolving retail landscape and expanding large retailers are expected to increase the share of hypermarkets in Mexico in the future.

The report "Opportunities in the North American Meat Sector: Analysis of Opportunities Offered by Countries in the Region", provide a comprehensive overview of the North American Meat sector.

In particular, this report provides the following analysis:
- Market overview: Includes sector size, market size and growth analysis by markets
- Change in consumption: Provides a shift in the consumption of Meat by markets across different countries in the North American region.
- Countries analysis: Provides Risk-Reward analysis of three countries in North America based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
- Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Meat sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Meat in 2016. It also covers the market share of leading companies offering Meat with health and wellness attributes in the same year.
- Brand Analysis: Provides an overview of leading brands in North America region, besides analyzing the growth of private labels in the region.
- Key distribution channels: Provides analysis on the leading distribution channels in the global Meat sector in 2016. It covers five distribution channels - Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Department Stores and Others that include - Cash & Carries and Warehouse Clubs, ‘Dollar Stores’, e-Retailers, and General retailers.
- Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, containers, closures, and outer types based on the volume sales (by pack units) of Meat.

Companies mentioned in this report: WH Group, Tyson Foods, Perdue farms, Maple Leaf Foods, Kraft Foods, Hormel Foods, Deitz & Watson, Conagra Foods, Cargill Inc., Butterball LLC.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the North American Meat sector.

It includes analysis on the following:
- Market overview: Includes sector size, market size and growth analysis by markets
- Change in consumption: Provides a shift in the consumption of Meat by markets across different countries in the North American region.
- Countries analysis: Provides Risk-Reward analysis of three countries in North America based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
- Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Meat sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Meat in 2016. It also covers the market share of leading companies offering Meat with health and wellness attributes in the same year.
- Brand Analysis: Provides an overview of leading brands in North America region, besides analyzing the growth of private labels in the region.
- Key distribution channels: Provides analysis on the leading distribution channels in the global Meat sector in 2016. It covers five distribution channels - Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Department Stores and Others that include - Cash & Carries and Warehouse Clubs, ‘Dollar Stores’, e-Retailers, and General retailers.
- Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, containers, closures, and outer types based on the volume sales (by pack units) of Meat.

Reasons to buy

- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the APAC region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Butterball LLC
  • Cargill Inc.
  • Conagra Foods
  • Deitz & Watson
  • Hormel Foods
  • Kraft Foods
  • MORE
1. Executive summary

2. Market size and growth analysis (Regional analysis )
Market Size Analysis - North America compared to other regions
Growth analysis by region
Growth Analysis by Country

3. Growth potential by countries in North America
Risk and reward analysis - Methodology
Risk and reward analysis - Opportunity scores

4. Market size and growth analysis
Overview - Value and volume growth analysis by country
Growth Contribution Analysis by Country
Share of Meat compared to other Food sectors
Change in consumption levels by country and Meat sectors
Per capita consumption and expenditure analysis

5. Country Profiles
US
Mexico
Canada

6. Success Stories

7. Company and Brand Analysis
Brand Share Analysis in the Meat sector
Leading brands in North American Meat sector
Private label penetration in the Meat sector

8. Health & Wellness Analysis
Health & Wellness Analysis - Overview
Health & Wellness market growth analysis by country
Health & Wellness Analysis - Key product attributes and consumer benefits
Leading Health & Wellness companies by market share

9. Key Distribution Channels
Leading Distribution channels by countries
Leading Distribution channels by categories

10. Key Packaging Formats
Growth analysis by key packaging material and container type
Growth analysis by closure type and outers

11. Challenges and Future Outlook
Key challenges
Future Outlook

12. Appendix

List of Tables
Regional comparison: Market size, growth, and per capita analysis, 2016-2021
Value share of Meat sector as a proportion of overall food by country, 2016
Change in consumption levels by country and Meat sectors
Brand Share Analysis in the Meat Sector
Private Label penetration in the Meat sector
Health & Wellness Analysis - Overview
Health & Wellness Analysis - Key product attributes and consumer benefits
Leading Health & Wellness companies by market share
Leading Distribution Channels in North America by countries, 2016
Leading Distribution Channels in North America region by categories, 2016

List of Figures
Annual value growth analysis by region (2016-2021)
Annual volume growth analysis by region (2016-2021)
Value and volume growth analysis by country (2016-2021)
Country level contribution to the growth of Meat markets in North America, 2016-2021
Value share of Meat sector as a proportion of overall food by country, 2016
US - Demographic Analysis
Mexico- Demographic Analysis
Canada- Demographic Analysis
Leading companies in the North American Meat Sector by value sales (US$ million), 2016
Leading Brands (including Private label) in the North American Meat Sector by value sales (US$ million), 2016
Country level contribution to the growth of H&W Market in North America, 2016-2021
H&W Attribute share of North American countries (2016)
Key Packaging Material volume (units) share, 2016 , Unit volume growth by packaging material (2011-2021)
Key Container Type volume (units) share, 2016 , Unit volume growth by container type (2011-2021)
Key closure type volume (units) share, 2016, Unit volume growth by closure type (2011-2021)
Key outers volume (units) share, 2016 , Unit volume growth by outers (2011-2021)
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  • WH Group
  • Tyson Foods
  • Perdue farms
  • Maple Leaf Foods
  • Kraft Foods
  • Hormel Foods
  • Deitz & Watson
  • Conagra Foods
  • Cargill Inc.
  • Butterball LLC
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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