The market for Meat Overview size was valued at US$ 26.97 Bn. in 2021 and the total revenue is expected to grow at 1.8 % through 2022 to 2029, reaching nearly US$ 31.11 Bn. by 2029.

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:

By conducting a detailed statistical analysis of current and emerging trends, the fundamentals of the Meat Market may be better understood. In order to assess the importance of numerous aspects, including threats provided by diverse agents, competitive strength, and the understanding of a resource by ambitious young enterprises, the study examines Porter’s five forces. The study looked at each country at the micro level to establish the total market size by countries and market categories. With the use of a method known as bottom-up forecasting, the size of the regional and global markets is determined. A micro level analysis of each country will reveal how much the underground market contributes to the growth of the larger market. The findings were supported by in-depth interviews with well-known local business owners. The information used in secondary research is obtained from both for-profit and open-access sources, and it is th en analysed. The sources for consumption by category and supply by each player in each country are actual government data, commercial databases, and annual reports of publicly traded companies.

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Meat Market Segmentation:

by Type
Fresh Meat
Processed Meat

The global meat market is divided into poultry, pork, goat and lamb, and seafood based on products. In 2022, the poultry industry will rule the global meat market. The poultry sector had a market share of 4.7% in 2022, and over the forecast period, it is anticipated to increase 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. In 2022, this market will have a total market volume of 10.5 million metric tonnes, and it is projected to grow to 11.3 million metric tonnes during the forecast period. Seafood had a market share of 5.4% in 2022 and was projected to increase by about 8% by the

by Product
Pork
Poultry
Sea Food
Lamb & Goat

The global meat market is divided into two types of meat: fresh meat and processed meat. With a (CAGR) of 2.7% forecast from 2023 to 2029, the Global Fresh Meat Market was projected to reach USD 2.06 billion in 2022. 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 541.21 billion in 2022 and is anticipated to grow at a CAGR of 4.2% to reach USD 721.84 billion by 2029.

by Application

Super Market
Convenience Store
Independent Retailers
Others

The global pork market is divided into four categories based on application: independent retailers, super markets, and convenience stores. In 2022, the Super Market sector accounted for 65% of the market.With a revenue share of over 56%, the Independent Retailer segment led the global market in 2022.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. It is believed that this is because the Independent Retailer

Regional Analysis:

North America
Europe
Asia-Pacific
Middle East and Africa (MEA)
South America
In the research’s examination of the Meat Market, cost structures, market shares, the producers’ supply networks, and the laws and regulations in force at the time are all taken into account. It is possible to analyse the regional markets for the Trade Surveillance Systems Market by comparing the cost of locally produced goods to the profit made.

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Meat Market Key players:

1. JBS
2. NH Foods
3. Smithfield Foods
4. Cargill Incorporated
5. ConAgra Foods
6. National Beef Packing Company
7. Tyson Foods
8. Cherkizovo Group PJSC
9. OSI Group Bridgford Foods Corporation
10. China Yurun Food Group
11. Danish Crown
12. Dawn Meats
13. JBS S.A.
14. Smithfield Foods
15. Tonnies
16. Triumph Foods
17. Tyson Foods Inc.
18. Vion Food Group Ltd.

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