Press release
Red Meat Market is Dazzling Worldwide and Forecast to 2031
Global red meat market is anticipated to grow at a CAGR of 6.4% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing demand for protein-rich diets, particularly in emerging economies with rising disposable incomes and changing dietary preferences. Red meat, such as beef, pork, and lamb, is a significant source of high-quality protein, essential nutrients, and vitamins, making it a staple food in many cultures globally. Additionally, the growing population, urbanization, and changing lifestyles are driving the demand for convenient and protein-rich food options, including processed red meat products.Recent Strategy
In October 2023, Tonnies Holding forged a collaborative partnership with the Dekon Group, marking a strategic move to establish modern slaughterhouses and butchery facilities within the Sichuan region of China. This joint venture endeavor entails a substantial investment totaling $530.0 million, with an earmarked allocation of approximately $158.0 million dedicated to the development and operation of a state-of-the-art slaughter and cutting center.
In June 2023, retail giant Walmart unveiled its ambitious initiative to construct an independent beef processing facility tailored specifically to produce case-ready meat. Situated in Olathe, Kansas, this facility is poised to cater exclusively to Walmart's extensive network of stores, ensuring a seamless and efficient supply chain for its discerning clientele
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Market Coverage
The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Type
By Form
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Hormel Foods Corp., NH Foods Ltd., Sysco Corp., WH Group Ltd., and Conagra Brands, Inc., among others.
Red Meat Market Report Segment
By Type
Beef
Pig
Sheep & Goat
Venison
By Form
Canned
Fresh/Chilled
Frozen
Processed
By Distribution Channel
B2B
B2C
A full Report of Red Meat Market is Available @ https://www.omrglobal.com/industry-reports/red-meat-market
Red Meat Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Agri Beef Co.
American Foods Group LLC
BRF Global
Cargill, Incorporated.
Conagra Brands, Inc.
CTI Foods LLC
Greater Omaha Packing
Irish Country Meats
ITOHAM YONEKYU HOLDINGS INC.
JBS S.A.
Keystone Foods LLC
The Kraft Heinz Company
Marfrig Global Foods S.A.
Minerva S.A.
National Beef Packing Company LLC
OSI Group LLC
Smithfield Foods Inc.
Starzen Co. Ltd.
The Scottish Goat Meat Co.
Tönnies Holding ApS & Co. KG
Tyson Foods, Inc.
West Liberty Foods LLC
WH Group Ltd.
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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
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