Below are some of the key findings from the veal meat market analysis report
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Global veal meat industry overview
Veal meat is increasingly preferred as the meat has better texture and lighter color. Moreover, this meat contains almost all the micronutrients present in beef. Moreover, meat obtained from grass-fed calves that are raised under right conditions and fed with natural milk is richer in nutrients. Since the meat is obtained from calves, it is quite velvety, tender, moister, and juicer than beef meat. Owing to its milder taste and with the awareness of the nutrient benefits associated with its consumption, the demand for veal meat will continue to increase in the coming years, fueling the growth of the global veal meat market size.
New veal processing and packaging technology is an emerging trend in the food space. In terms of trade, the exports of beef and veal meat from Japan, Mexico, South Korea, Hong Kong, and China had increased in 2016 as compared to the exports in 2015. This is further expected to increase during the forecast period. In 2016, Australia, Canada, and New Zealand were the biggest importers of beef and veal, and, therefore, this factor is expected to boost the growth of the overall global market. New technological advancements are expected to help cater to the increase in demand and improve operational efficiencies. The veal meat market analysis indicates that nutritious and good texture meat coupled with new veal processing and packaging technology will drive the market to grow at a CAGR of over 2% during the forecast period.
Top veal meat companies covered in this market research report
The veal meat market is moderately fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this veal meat market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.
The report offers a detailed analysis of several leading veal meat companies, including:
- CLAUS’ GERMAN SAUSAGE & MEATS
- JBS
- Mountain States
- Strauss Brands Incorporated
- Wilson International Frozen Foods
Veal meat market segmentation based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies, the Americas will account for the highest growth of this market throughout the forecast period. In 2017, the Americas dominated the global veal meat market with a 43.79% volume share. Most consumers in the region buy more chilled and frozen veal meats owing to convenience and ease of cooking.
Veal meat market segmentation based on product
- Processed veal meat
- Fresh veal meat
Global veal market analysis indicates the fresh veal meat segment will account for the highest growth in the market. Additionally, the veal meat market analysis report also provides an accurate prediction of the contribution of the various products segments to the growth of the veal meat market size.
Key highlights of the global veal meat market analysis report for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the veal meat market during the next five years
- Precise estimation of the global veal meat market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the veal meat industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of veal meat companies
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