Meat Market size was valued at $ 897.50 Bn. in 2021 and the total revenue is expected to grow at 7.10% through 2022 to 2029, reaching nearly $ 1553.64 Bn.
A report on the Meat market has been released by Maximize Market Research, a renowned global provider of data and research on the regional and global aerospace and defence sector. The research provides market sizes by region and predictions through 2029 in addition to other key business information.
The research covers a wide range of market - and industry-related topics. Product launches, company growth, alliances, joint ventures, and acquisitions are a few marketing strategies. The creation of this study has taken into account all significant elements of market research that are essential to the situation of the industry today. This market research analysis also covers the key business trends, challenges, and opportunities. The leading business consultant for the aerospace and defence sector, Maximize Market Research, recently published a report on the competitive landscape and market intelligence for the Meat Market. An expert with 18 years of expertise looked at the market from both a domestic and international viewpoint using both primary and secondary data.
Meat Market Overview
The Meat Market is growing at faster with substantial growth rates over the previous few years and it is estimated that the market can grow considerably within the forecasted period i.e., 2021 to 2029. The report provides Meat Market drivers and restraints.
Meat that has not undergone any extra preparation before to sale is typically referred to as fresh meat. Processed meat refers to any meat that has undergone some kind of alteration to improve its flavour or lengthen its shelf life. Consuming processed food causes the body's cholesterol and fat levels to rise, leading the consumer to maintain an unhealthy lifestyle. The market for fresh processed meat products is being challenged by rising obesity rates and growing public awareness of the risks of consuming processed meals. Because of processed meat's drawbacks and reputation as unhealthy meat eating, fresh meat currently dominates the market.
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Market Scope
During the forecast, the Meat Market is developing at a stable rate between 2022 and 2029. Due to the efforts of industry participants, the market is forecast to grow significantly between 2022 and 2029. The report provides current Meat Market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin amp; Sales by Product are all included in this Meat Market research report.
PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
Meat Market Segmentation
The global meat market is divided into two types of meat: fresh meat and processed meat. The market for fresh meat worldwide was anticipated to reach USD 2.06 billion in 2021 and grow at a 2.7% CAGR from 2022 to 2029. An increase in the consumption of fresh meat products like hog and beef is likely what is driving the surge. Fresh meat needs packaging that allows for enough air to maintain its colour because it has a shorter shelf life. The global processed meat market was valued at USD 519.4 billion in 2021 and is anticipated to grow at a CAGR of 4.2% to reach USD 867.2 billion by 2029.
The global meat market is divided into poultry, pork, goat and lamb, and seafood based on products. In 2021, the poultry industry will rule the global meat market. In 2021, the poultry sector held a 4.7% market share, and over the forecast period, it is anticipated to rise at a CAGR of 9.5%. The 1.1% CAGR predicted 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 tonnes over the forecast period, up from 2021's market size of 10.5 million metric tonnes. Seafood had a market share of 5.4% in 2021 and was projected to increase by about 8% by the
The global pork market is divided into four categories based on application: independent retailers, super markets, and convenience stores. In 2021, the Super Market sector had a 65% market share.With a sales share of almost 56%, the Independent Retailer category led the Global Meat Market in 2021.Growing working populations and the tendency to consume meals outside of the house are both directly responsible for the expansion of the use of fresh and processed meat in convenience stores. The demand for hog meat has decreased due of the detrimental effects of the corona virus outbreak on pork consumption. Throughout the projection period, it is anticipated that the Other category will expand at a considerable rate. This can be linked to the Independent
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Key Players
• JBS
• NH Foods
• Smithfield Foods
• Cargill Incorporated
• ConAgra Foods
• National Beef Packing Company
• Tyson Foods
• Cherkizovo Group PJSC
• OSI Group Bridgford Foods Corporation
• China Yurun Food Group
• Danish Crown
• Dawn Meats
• JBS S.A.
• Smithfield Foods
• Tonnies
• Triumph Foods
• Tyson Foods Inc.
• Vion Food Group Ltd.
The global Meat Market research report contains a detailed regional key player analysis of the Meat Market industry, with an emphasis on business growth opportunities and market hurdles in each of the globe’s major regions.
Regional Analysis
The regional analysis provided in our report helps you understand the Meat Market in different regions. Every region has different factors such as political, geographic, economic, etc. which are affecting the Meat Market . Local and regional development plans are often affected by the performance of Meat Market . The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Meat Market Report are:
- What is Meat Market ?
- What is the forecast period of the Meat Market ?
- What is the competitive scenario of the Meat Market ?
- Which region held the largest market share in the Meat Market ?
- What are the opportunities for the Meat Market ?
- What factors are affecting the Meat Market growth?
- Who are the key players of the Meat Market ?
- Which company held the largest share in the Meat Market ?
- What will be the CAGR of the Meat Market during the forecast period?
- What key trends are likely to emerge in the Meat Market in the coming years?
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Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Meat Market
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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