Meat Market By Product (Pork, Poultry, Beef, and Others), and By Region - Trends, Analysis and Forecast till 2030

Meat market accounted for USD 984.88 Billion in 2020 and is estimated to be USD 1382.35 Billion by 2030 and is anticipated to register a CAGR of 3.5%.

A meat market is, traditionally, a marketplace where meat is sold, often by a butcher. It is a specialized wet market. The term sometimes refers to a meat retail store or butcher's shop. A butcher specializes in the preparation and sale of meat. Butchers sometimes operate specialized shops selling meat, known as butcher's shops, meat stores, meat markets, or butcheries. Meat is sold in supermarkets, grocery stores, and fish markets, and these shops may employ a butcher. A slaughterhouse or abattoir is a facility that specializes in killing animals for meat. A meat cutter prepares primal cuts of meat into smaller portions for retail sale. Meat contains a higher number of proteins as compared to other foods. A healthy balanced diet includes protein from meat, fish, and eggs or non-animal sources such as beans and pulses. 

A meat market is, traditionally, a marketplace where meat is sold, often by a butcher. It is a specialized wet market. The term sometimes refers to a meat retail store or butcher's shop. A butcher specializes in the preparation and sale of meat. Butchers sometimes operate specialized shops selling meat, known as butcher's shops, meat stores, meat markets, or butcheries. Meat is sold in supermarkets, grocery stores, and fish markets, and these shops may employ a butcher. A slaughterhouse or abattoir is a facility that specializes in killing animals for meat. A meat cutter prepares primal cuts of meat into smaller portions for retail sale. Meat contains a higher number of proteins as compared to other foods. A healthy balanced diet includes protein from meat, fish, and eggs or non-animal sources such as beans and pulses.

The rise in meat consumption is one of the primary factors driving global market growth. The meat demand, and subsequently meat production capacity and supply, has increased to meet the needs of the growing population. Awareness about protein intake in the daily diet is another crucial cause of the global per capita meat consumption surge. The consumption of meat has become a vital factor among consumers as it has plenty of nutrients. The growing prominence of private label brands is one of the significant meat market trends. To capitalize on the increasing demand for meat, several prominent retailers are introducing their brands of meat products.

However, the majority of the vegan population and stringent laws of not eating animal products is the primary root cause that hinders the growth of the meat market.

Meat market is segmented based on product and region.

Based on product, the meat market is segmented into pork, poultry, beef, and others.

Regional Insights:

The meat market is segmented based on region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts highest revenue share to the meat market due to the growing demand for advanced medical technologies and the increasing geriatric population. Asia Pacific meat market is projected to register a high CAGR over the forecast period owing to the growing trend of increasing demand for high-value protein food and growth in the organized retail sector.

Report Scope:

Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the meat market report based on product and region.

Meat Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating in the meat market includes BRF, Hormel Foods, JBS, NH Foods, Tyson Foods, WH Group, Cargill, Beef Packing, OSI, and Sysco.

Hormel Foods:

They have introduced Hormel chunk meats which is fully cooked and 100 % real meat. It can be directly eaten with sandwiches, salads, and wraps to soups, nachos and quesadillas.

• BRF
• Hormel Foods
• JBS
• NH Foods
• Tyson Foods
• WH Group
• Cargill
• Beef Packing
• OSI
• Sysco