Global Meat Industry Overview:
The latest report published by IMARC Group, titled “Meat Market: Global Market Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global meat market reached a value of US$ 1.33 Trillion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.61 Trillion by 2027, exhibiting at a CAGR of 3.10% during 2022-2027. Meat is the flesh or edible parts of animals, such as muscle, fat, tendon and ligament, consumed as food. It is obtained for domesticated animals, including cattle, swine, sheep, chicken, pig, goat, lamb, duck, rabbit, and deer. Meat is a rich source of proteins, vitamins, minerals, carbohydrates, amino and fatty acids, and bioactive compounds. Moreover, the consumption of meat on a regular basis is known to enhance metabolism and brain functions, strengthen bones and muscles, and improve heart health.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Meat Industry Trends:
The global meat market is primarily driven by the increasing demand for protein-rich and low-fat food. Besides this, the growing consciousness regarding health has also encouraged individuals to opt for meat and meat products in their daily diet. Nowadays, several cafes and restaurants across the globe are serving meat-based burgers, hotdogs, sausages, fillets and steaks, which is fueling the market growth. In addition to this, technological advancements, such as the utilization of robotics and automation technology, in the butchering, cutting, and monitoring processes enhance production efficiency and minimize cycle time.
Global Meat Industry 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players being:
- BRF S.A.
- Cargill Incorporated
- Clemens Food Group
- Conagra Brands Inc.
- Hormel Foods Corporation
- JBS S.A.
- Minerva Foods SA
- NH Foods Ltd.
- Sysco Corporation
- Tyson Foods Inc
- Vion Food Group
- WH Group Limited
Breakup by Type:
- Raw
- Processed
Breakup by Product:
- Chicken
- Beef
- Pork
- Mutton
- Others
Also, Read Blog Top Meat Companies Worldwide
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Departmental Stores
- Specialty Stores
- Online Stores
- Others
The market has been divided based on the distribution channel into supermarkets and hypermarkets, departmental stores, specialty stores, online stores, and others.
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance 2016-2021
- Market Outlook 2022-2027
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-080
Read More: https://marketfobs.com/