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Meat Market by Product, Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR70499
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The meat market has the potential to grow by USD 190.29 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.70%.

This meat market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (pork, poultry, beef, and others), type (processed and fresh), and geography (Europe, APAC, North America, South America, and MEA). The meat market report also offers information on several market vendors, including BRF Global, Cargill Inc., Clemens Food Group, Conagra Brands Inc., Hormel Foods Corp., JBS USA Food Co., NH Foods Ltd., Sysco Corp., Tyson Foods Inc., and WH Group Ltd. among others.

What will the Meat Market Size be in 2021?

Meat-Market-Market-Size-2020-2025

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Meat Market: Key Drivers and Trends

The new product launches is notably driving the meat market growth, although factors such as increasing livestock disease outbreaks may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the meat market industry get your FREE report sample now.

  • New product launches by regional and international players contribute to the growth of the global meat market. 
  • Manufacturers of meat products are adopting innovative and distributive strategies to increase the market size of these products. 
  • Successful new product launches are expected to accelerate the growth of vendors in the global meat market.
  • A successful new product launch helps in increasing the revenue flow of a vendor and expanding its consumer base.
  • New product launches increase the market shares of players and offer them a competitive edge over other players. 
  • To cater to the growing demand for meat products worldwide, meat processing companies are focusing on expanding their meat production capabilities. 
  • The increase in the production capacity ensures that they are well-positioned to cater to customer needs across global markets. 
  • In March 2021, Tyson Foods announced the expansion of its case-ready meats business by repurposing plant capacity in South Carolina.
  • Similarly, In January 2018, Cargill invested $4.2 million to expand the beef grinding capacity at its Columbia plant in South Carolina, the US. The investment is to install precision grinding equipment, which will increase plant production by 15%.

This meat market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Meat Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • BRF Global
  • Cargill Inc.
  • Clemens Food Group
  • Conagra Brands Inc.
  • Hormel Foods Corp.
  • JBS USA Food Co.
  • NH Foods Ltd.
  • Sysco Corp.
  • Tyson Foods Inc.
  • WH Group Ltd.

 

The meat market is fragmented and the vendors are deploying growth strategies such as M&A  to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the meat market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Meat Market?

Meat-Market-Market-Share-by-Region-2020-2025

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33% of the market’s growth will originate from APAC during the forecast period. China is one of the key markets for meat in APAC. Market growth in this region will be slower than the growth of the market in MEA.

The rising health awareness, the convenience of processed meats, and expanding fast-food chains will facilitate the meat market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Meat Market?

Meat-Market-Market-Share-by-Product-2020-2025

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The global pork meat market is expected to grow at a moderate pace during the forecast period. This is mainly due to the growing demand for protein-rich food products among consumers and increasing import and export of pork meat. The growth of the pork market segment is expected to be significant during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the meat market size.

 

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What are the Key Factors Covered in this Meat Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive meat market growth during the next five years
  • Precise estimation of the meat market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the meat industry across Europe, APAC, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of meat market vendors

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Meat Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

$ 190.29 billion

Market structure

Fragmented

YoY growth (%)

3.45

Regional analysis

Europe, APAC, North America, South America, and MEA

Performing market contribution

APAC at 33%

Key consumer countries

China, US, Germany, Italy, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BRF Global, Cargill Inc., Clemens Food Group, Conagra Brands Inc., Hormel Foods Corp., JBS USA Food Co., NH Foods Ltd., Sysco Corp., Tyson Foods Inc., and WH Group Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Pork - Market size and forecast 2020-2025
  • Poultry - Market size and forecast 2020-2025
  • Beef - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Product

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Processed - Market size and forecast 2020-2025
  • Fresh - Market size and forecast 2020-2025
  • Market opportunity by Type

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • BRF Global
  • Cargill Inc.
  • Clemens Food Group
  • Conagra Brands Inc.
  • Hormel Foods Corp.
  • JBS USA Food Co.
  • NH Foods Ltd.
  • Sysco Corp.
  • Tyson Foods Inc.
  • WH Group Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The meat market growth will increase by $190.29 billion during 2021-2025.
The meat market is expected to grow at a CAGR of 3.7% during 2021-2025.
Technavio has segmented the meat market by product (Pork, Poultry, Beef, and Others) ,type (Processed and Fresh) , and geographic (Europe, APAC, North America, South America, and MEA).
BRF Global, Cargill Inc., Clemens Food Group, Conagra Brands Inc., Hormel Foods Corp., JBS USA Food Co., NH Foods Ltd., Sysco Corp., Tyson Foods Inc., WH Group Ltd. are a few of the key vendors in the meat market.
APAC will register the highest growth rate of 32.61% among the other regions. Therefore, the meat market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • US
  • Germany
  • Italy
  • France
The key factors driving the meat market growth are:
  • New product launches
  • Rising demand for grass-fed and organic meat
The meat market vendors should focus on grabbing business opportunities from the pork segment as it accounted for the largest market share in the base year.
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