Meat Market size was valued at $ 1029.46 Bn. in 2023 and the total revenue is expected to grow at 7.1% through 2024 to 2030, reaching nearly $ 1663.94 Bn.
Meat Market Overview:
Maximize Market Research provides a comprehensive description of Meat Market which helps to understand its feature in an optimized way. The projected statistics, significant advancements and income are all included in detail in the Meat research paper.
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Meat Market Scope:
The report encompasses both qualitative and quantitative assessments of the Meat Market, utilizing segmentation that takes into account economic and non-economic factors. It conducts a comprehensive exploration of the Meat industry from diverse angles, employing Porter's five forces analysis. Furthermore, the report sheds light on the Meat Market by tracing its journey through the value chain. Historical data and forward-looking revenue growth forecasts are presented at the country, regional, and global levels, accompanied by an analysis of market trends within each sub-segment and region.
Within the report's competitive landscape, intricate details about Meat competitors are provided. This includes a company overview, financials, revenue generation, market potential, research and development investments, new market ventures, global presence, production sites and facilities, production capacities, strengths and weaknesses, product launches, product range, application dominance, and more. The assessment of the global and regional Meat Market size was conducted using a bottom-up approach.
Meat Market Key Players:
1. JBS
2. NH Foods
3. Smithfield Foods
4. Cargill Incorporated
5. ConAgra Foods
6. National Beef Packing Company
7. Tyson Foods
8. Cherkizovo Group PJSC
9. OSI Group Bridgford Foods Corporation
10. China Yurun Food Group
11. Danish Crown
12. Dawn Meats
13. JBS S.A.
14. Smithfield Foods
15. Tonnies
16. Triumph Foods
17. Tyson Foods Inc.
18. Vion Food Group Ltd.
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Meat Market Segmentation:
by Type
Fresh Meat
Processed Meat
The fresh and processed meat segments make up the global meat market. With a projected compound annual growth rate (CAGR) of 2.7% from 2024 to 2030, the global fresh meat market was valued at USD xx billion in 2023. The increased consumption of fresh meat products like beef and pork is probably what's driving the growth. Fresh meat needs packaging that allows for enough oxygen to maintain its color because it has a shorter shelf life. The global processed meat market was valued at USD 563.94 billion in 2023 and is expected to grow at a compound annual growth rate of 4.2% to reach USD 752.15 by 2030.
by Product
Pork
Poultry
Sea Food
Lamb Goat
The categories of Poultry, Pork, Goat Lamb, and Seafood comprise the Global Meat Market. In 2023, the poultry category will hold a dominant position in the global meat market. The poultry segment held a 4.7% market share in 2023 and is predicted to increase at a compound annual growth rate (CAGR) of 9.5% over the course of the forecast period. The 1.1% predicted CAGR for the lamb and goat section of the global meat market is driven by China, Europe, and Canada. This market is expected to reach a combined market size of 11.3 metric tons over the course of the forecast period, from a current combined market size of xx million metric tons in 2023. Seafood accounted for 5.4% of the market in 2023, and by the end of the year, it was predicted to expand to almost 8%.
by Application
Super Market
Convenience Store
Independent Retailers
Others
The Super Market Convenience Store, Independent Retailer, and Others application categories are used to segment the global pork market. In 2023, the Super Market category accounted for 65% of the market.In 2023, the Independent Retailer segment held a dominant position in the global market, accounting for over 56% of total sales.The increasing number of people working and the habit of eating meals away from homes are directly responsible for the development in the use of fresh and processed meat in convenience stores. The demand for hog meat has decreased during the corona virus outbreak as a result of the detrimental effects of pork meat consumption. Over the course of the forecast period, the Other category is anticipated to increase at a considerable rate.
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Regional Analysis:
Each regional Meat market sector is thoroughly investigated to determine its current and future growth prospects. This helps clients to grow their businesses. The Meat market report covers all five regions and their country-wise distribution. Their market size and trends are also included in the Meat report.
Key Questions answered in the Meat Market Report are:
- What was the Meat market size in 2024?
- What are the global trends in the Meat Market?
- What are the upcoming industry applications and trends for the Meat Market?
- What are the factors contributing to the final price of Meat ?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Meat Market?
- How is the intervention from regulatory authority shaping the Meat Market?
- What growth strategies are the players considering to increase their presence in Meat ?
- Who are the leading players in Meat Market?
- What are the major challenges that the Meat Market could face in the future?
- Which region held the largest Meat market share?
Key Offerings:
- A detailed Analysis of the Market Overview
- Market Share, Size Forecast by Revenue | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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