Meat Global Market Exhibit a Remarkable CAGR of 7.4% and is Expected to Reach $1652.28 Billion By 2028 | Conagra Brands Inc., Sysco Corporation, Tyson Foods Inc., NH Foods Ltd., OSI Group LLC

"The new report published by The Business Research Company, titled ""Meat Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the meat market size has grown strongly in recent years. It will grow from $1155.33 billion in 2023 to $1243.91 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The meat market size is expected to see strong growth in the next few years. It will grow to $1652.28 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.

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Rising Global Meat Consumption Propels Soaring Growth In The Meat Market
Growing meat consumption is expected to boost the growth of the meat market going forward. Meat refers to the flesh or other edible components of animals (often domesticated cattle, swine, and sheep) used for food, which may also include tendons, ligaments, and muscles. Consumption of meat is increasing worldwide as it is a good source of protein and contains a number of vitamins and minerals, such as selenium, niacin, and vitamin B12. For instance, in December 2023, according to reports published by Sentient Media., a US-based, non-profit media organization, every year, the average American consumes 224.6 pounds of meat, which includes cattle, pigs, broilers, and turkey. These numbers are expected to increase in the future. Furthermore, according to an article published in February 2021 by The Culinary Institute of America, a private institution for food and wine education based in the United States, the average adult male American consumes 75% more protein than is required, while the average adult female American consumes 50% based foods, such as meat, fish, poultry, eggs, and dairy. Therefore, growing meat consumption is driving the growth of the meat market.

Innovation Takes Meat Market Giants Unveil Breakfast Revolution
Product innovations have emerged as the key trend gaining popularity in the meat market. Major companies operating in the meat market are developing innovative products to strengthen their position in the market. For instance, in February 2021, Tyson Foods Inc., a US-based food processor and marketer of chicken, beef, and pork, introduced Jimmy Dean Loaded Sausage Bites and Omelet Minis. The Jimmy Dean Loaded Sausage Bites and Omelet Minis are created in a single-serve cup with breakfast meats, eggs, and cheese, whereas Meat Lovers or Turkey Sausage contain 16 to 19 grams of protein, whereas Sausage & Cheddar and Gouda & Bacon contain 13 to 14 grams of protein. The Jimmy Dean Loaded Sausage Bites and Omelet Minis are intended to provide a quick warm breakfast or snack with the flavors.

The meat market covered in this report is segmented -
1) By Type: Raw, Processed
2) By Product: Chicken, Beef, Pork, Mutton, Other Products
3) By Distribution Channel: Supermarkets and Hypermarkets, Departmental Stores, Specialty Stores, Online Stores, Other Distribution Channels

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Major companies operating in the meat market report are WH Group Limited, Pilgrim's Pride Corporation, Smithfield Foods Inc., Hormel Foods Corporation, Conagra Brands Inc., National Beef Packing Company LLC, Danish Crown A/S, Seaboard Corporation, Cargill Incorporated, JBS S.A., Sysco Corporation, Tyson Foods Inc., NH Foods Ltd., OSI Group LLC, Perdue Farms Incorporated, Minerva Foods S.A., Vion Food Group N.V., Marfrig Global Foods S.A., Maple Leaf Foods Inc., Swift Pork Company, BRF Global S.A., Triumph Foods LLC, Sanderson Farms Inc., Cherkizovo Group OJSC, Wayne Farms LLC, West Liberty Foods LLC, Clemens Food Group Inc., The Maschhoffs LLC, Dawn Meats Group Limited, China Yurun Food Group Co Ltd.

Contents of the report:
1. Executive Summary
2. Meat Market Report Structure
3. Meat Market Trends And Strategies
4. Meat Market - Macro Economic Scenario
5. Meat Market Size And Growth
…..
27. Meat Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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